The IBM and Samsung ADEPT BlockChain of Things: 'BoT' - Not Internet of Things
IBM and Samsung have partnered to put the Blockchain Technology to good use. The partnership points us towards their vision to pioneer in the soon-to-dawn era of Internet of Things. There has been lots of murmur in the tech sphere ever since news about ADEPT was released. Especially among those who understand and anticipate the Internet of Things. What is ADEPT? ADEPT stands for Autonomous Decentralised Peer-to-Peer Telemetry. IBM & Samsung's ADEPT aims to be the technology for ledgers, record-keeping of the gazillions of data points that the Internet of Things will start to generate the....
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IBM has unveiled its proof of concept for ADEPT, a system developed in partnership with Samsung that uses elements of bitcoin's underlying design to build a distributed network of devices - a decentralized Internet of Things. The ADEPT concept, or Autonomous Decentralized Peer-to-Peer Telemetry, taps blockchains to provide the backbone of the system, utilizing a mix of proof-of-work and proof-of-stake to secure transactions. IBM and Samsung chose three protocols - BitTorrent (file sharing), Ethereum (smart contracts) and TeleHash (peer-to-peer messaging) - to underpin the ADEPT concept.....
Computer and software conglomerate IBM has unveiled its plans for ADEPT, an Internet of Things system based on the blockchain technology behind bitcoin. IBM's draft paper for ADEPT explains: "Applying the blockchain concept to the world of [Internet of Things] offers fascinating possibilities. Right from the time a product completes final assembly, it can be registered by the manufacturer into a universal blockchain representing its beginning of life. Once sold, a dealer or end customer can register it to a regional blockchain (a community, city or state)." The system is to be a co-venture....
Filament has raised $5m in Series A funding led by Bullpen Capital and including contributions from Verizon Ventures and Samsung Ventures. The decision by Samsung Ventures, the capital arm of consumer electronics giant Samsung, marks its first public investment in a blockchain industry firm and notably follows its participation in IBM's blockchain proof of concept ADEPT. Announced in January, ADEPT used the bitcoin and Ethereum networks to enable devices to communicate as part of a wider transition toward connected consumer devices known as the Internet of Things (IoT). Co-founder and CEO....
It was just last month that IBM's plans for an "Internet of things" architecture that would feature Bitcoin blockchain technology were revealed. IBM's planned project, called Adept, utilizes three distinct technologies including the blockchain, TeleHash, and BitTorrent. IBM's head of mobile and internet Paul Brody is the "VP of the Internet of Things" and is in charge of the project. In a recent talk with Gigaom at their Structure Connect event in San Francisco, Brody further explained his vision for the Internet of Things and he emphasized that developers should welcome open-source....
IBM researchers are looking into the possibility of using block chain technology for the Internet of Things (IoT) - a term for the growing network of devices with basic computer-like capabilities that communicate over the web. The IoT is likely to bring a major change in the way we use technology, with interaction between connected everyday devices (such as pacemakers, fire alarms or air-conditioning units) and humans increasingly becoming the norm. Now IBM is examining the use of block chain technology for an IoT distribution platform, backed by other peer-to-peer (P2P) technologies. The....