As we move closer to the official announcement of ‘Qubic‘, big news keeps rolling on out, and the latest is an exciting step forward in the use of IoT sensors on the IOTA Marketplace by Semiconductor producer Nordic.
The Thingy:52featured in the video below is a multi-purpose sensor dev kit using Bluetooth Low Energy, it has been used in all sorts of scenarios, but this will be it first use in Distributed Ledger Technology.
The Flash Hackathon started in November 2017, participants were asked to build solutions that utilise Flash to solve unique and useful problems. With some exciting ‘real world’ project ideas underway and cash prizes including $15,000 for first place up for grab, the community was eager to see the outcome.
Winners were announced today, FogNet taking first place which uses payment channels in resource and bandwidth restricted environments to exchange data for instant payments.
Other projects include WIOTA, which uses embedded hardware to create a WiFi Access Point that uses Flash Channels payments to charge users for their access to data by the minute, and a project that integrates IOTA Flash Channels into the population Open-Source home automation platform, Home Assistant.
TheIOTA Foundation is thrilled to introduce an ambitious project that has been in the making since 2015. The Data Marketplace is IOTA’s most comprehensive pilot study thus far. The goal is to enable a truly decentralized data marketplace to open up the data silos that currently keep data limited to the control of a few entities. Data is one of the most imperative ingredients in the machine economy and the connected world.
An electric vehicle charging station taking live payments with IOTA was demoed at the Amsterdam meetup
Close up of the demo they used live at the event. It would activate when you plugged in the charging cord and the cell phone app would pay X amount of IOTA per KiloWatt hour and the app will have a search function to find the nearest charging stations. The proof of work is offloaded from the cell phone and would eventually be done by the companies servers to keep the POW fast and light for users.
The IOTA powered Bosch XDK is a programmable sensor device & a prototyping platform for any IoT use case you can imagine.
The universal programmable sensor device packed with state of the art sensor technology and ready-to-use software packages, capable of fulfilling all your IoT application needs.
Built for Bosch Connected Devices and Solutions to create IoT products, XDK has evolved continuously and is not only a prototyping platform but also a sensor node solution.
MAM (Masked Authenticated Messaging) means your data is encrypted (Masked). Your data is confirmed to be coming from your device or entity (Authenticated). You can have a data stream that runs in a distributed ledger continuously and carry on until you decide to stop publishing (Messaging).
On October 17, 2017, the Chicago Connectory, an Internet of Things (IoT) innovation space founded by Bosch and 1871, launched their new partnership with the IOTA Foundation. The IOTA Foundation is a not-for profit organization that aims to catalyze the adoption of Distributed Ledger Technologies (DLT) to provide more transparency, security and efficiency for IoT solutions.
Bosch is a leading global supplier of technology and services and brings extensive experience in all three levels of the Internet of Things (IoT) with sensor technology, software and services, and also its own IoT cloud. This makes the company a one-stop shop for IoT in areas that include mobility and transportation, connected energy and smart cities, connected homes and smart buildings as well as connected manufacturing.
“There is great potential through Distributed Ledger Technologies to make each IoT project more secure, efficient and provide increased transparency to consumers of IoT solutions,” says Dennis Boecker, Bosch IT global innovation lead and responsible for the Chicago Connectory. “Our goal is to increase the adoption of Distributed Ledger Technology throughout the Midwest region as IoT solutions and business models continue to grow.”
“IOTA and Bosch have been in dialog about the convergence between the Internet-of-Things and IOTA’s Distributed Ledger Technology since late 2015 and built up a strong relationship,” says David Sønstebø, founder of the IOTA Foundation. “Our official collaboration on this laboratory for exploring this overlap cements both entities’ goal of enabling an open and secure IoT ecosystem.”
Bosch and IOTA have already been working successfully together as partners in the Trusted IoT Alliance (TIOTA) of which they are also founding members. The Chicago Connectory, being founded by Bosch, benefits from the existing partnership and allows for an extension of the existing activities.
Sirin Labs, the company behind the $14,000 Solarin smartphone, is now developing an open-source model that runs on a fee-less blockchain. The Finney — named in honor of bitcoin pioneer Hal Finney — will be the only smartphone in the world that’s fully secure and safe enough to hold cryptographic coins. Or so says the company, which is launching a crowdsale event this October (date to be confirmed) to support the phone’s development.
According to Sirin, all Finney devices (there’s an all-in-one PC coming, too) will form an independent blockchain network powered by IOTA’s Tangle technology. The network will operate without centralized backbones or mining centers cluttering up the transaction process, using the SRN token as its default currency (only SRN token holders will be able to purchase the device). And it’ll all run on a Sirin operating system specially designed to support blockchain applications such as crypto wallets and secure exchange access.
Any application that requires instant, bi-directional transactions between two parties. Some of these use cases include EV Charging, Bandwidth on Demand, Other Resources On-Demand (such as Computation, Storage etc.), Pay per Article, and many others.
Built using the IOTA Tangle, two students working with NXP Semiconductors earned second place in the inaugural Porsche Innovation Contest on blockchain technology. The project, called FAPSY, beat over one hundred other entries from entrepreneurial teams around the world to claim second place in the automotive company’s first Innovation Contest.