Why Blockchain Is a Part of IoT-Technology?

Why Blockchain Is a Part of IoT-Technology?
фото показано с : blokt.com

2019-3-19 18:26

The Innovative technology, the Internet of Things (IoT), is changing the world of modern business perception. The ability to collect real-time data provides businesses with a number of benefits, allowing them to automate processes, increase productivity and improve customer service. However, one of the most difficult tasks for organizations using the Internet of Things is to provide a proper level of security.

The solution is a new model of digital interactions, including blockchain technology and IoT. The integration of this group of technologies requires high transaction processing speed.

Thereby, the presented model, which involves IBM Watson infrastructure, IBM clouds and Credits blockchain platform, is a perfect way to solve existing problems. The presented prototype is the best approach to bring the “hack-proof” benefits of IoT into the public view along with speed, which is required for the registration of the vast number of devices into a public blockchain.

Thanks to the efficiency, speed and capacity of the Credits platform it can now be performed. The developed model is applicable for industries/market segments where high-quality data is collected from sensors/gateways and reaching consensus is vital for further transactions between market participants. This model opens a huge market of prospects, proving the value of IoT and blockchain for businesses with their subsequent mass adoption.

Scheme of interaction. IoT devices transmit metrics on the IBM Watson platform. Received data is saved to IBM Storage (Cloudant). A hash is calculated and then recorded to Credits blockchain. Hash comparison starts. In cases where a calculated hash and a hash in a blockchain match, this indicates that the data is reliable and was not changed. The process of validation is completed.

IBM Storage COS

Why Blockchain Is a Part of IoT-Technology? was originally found on Cryptocurrency News | Blockchain News | Bitcoin News | blokt.com.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

High Performance Blockchain (HPB) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0.0064459
Капитализация $0 Rank 99999
Цена в час новости $ 0.2793 (-100%)

blockchain internet things part iot-technology difficult organizations

blockchain internet → Результатов: 126


Гендиректор eToro: Инвестирование в blockchain теперь похожи на инвестиции в Интернет 10 лет назад

Основатель и главный исполнительный директор eToro считает, что blockchain - это такой же прорыв, как и Интернет 10 лет назад. Сообщение Гендиректор eToro: Инвестирование в blockchain теперь похожи на инвестиции в Интернет 10 лет назад появились сначала на Freedman.

2018-6-18 22:04


Ripple заявляет о том, благодаря xRapid семьи могут позволить на 3,27 миллиардов приемов пищи больше

Недавно команда Ripple опубликовала сообщение в блоге «Insights» о снижении затрат и преимуществах своей технологии xRapid. Они также рассказали о своем видении Internet of Value и о том, как xRapid вписывается в нее.

2018-6-16 15:45


Фото:

Popular Plugin Is About To Expose A lot Of Users To The Benefits Of Blockchain

With over 500 Million users, Adblock Plus could be considered a very popular plug-in/web browser extension. If you’re not aware of it, Adblock Plus is a piece of advert-blocking software that uses its inbuilt technology to block adverts within various different web browsers, from Safari to Internet Explorer, Google Chrome and Mozilla Firefox, to name but a few.

2018-6-14 15:30


Ripple: Blockchain is About Growth Not Cost Savings

A Ripple Executive has downplayed the cost-savings of blockchain technology over traditional banking arguing that growth is a stronger message for attracting business clients, including banks. Blockchain: Next Evolution of the Internet Danny Aranda, Managing Director of Strategic Growth at Ripple, discussed how the firm attracts banks to their payment solutions and how they work.

2018-6-14 10:00


Investments in Bitcoin [BTC] still remain highly speculative, and total loss is still possible – BaFin President’s speech

Mr. Felix Hufeld, the President of Federal Financial Supervisory Authority [BaFin], talked about Bitcoin and blockchain and compares this infancy of blockchain with the advent of the internet. He says that even Bill Gates at that time did not pay close attention to that new phenomenon. Trying to ensure that you do not fall on […]

2018-6-13 23:20


Фото:

Blockchain Will Be 10 Times More Valuable Than the Internet China State Tv

The government has also led multi-billion dollar investments in blockchain projects with the vision of commercializing blockchain technology in the near future. Blockchain is Better Than the Internet CCTV, AKA China Central Television, a state TV channel controlled by the government, released an hour-long report covering blockchain technology and cryptocurrency, featuring various topics including blockchain

2018-6-13 00:47