Blockchain Technology and Internet of Things
Bitcoin and Internet of Things (IoT) are the two buzz words in the tech sphere at the moment. Bitcoin is something which we always keep talking about on this site. Internet of Things, not so much. But with the introduction of Bitcoin 2.0 and other upcoming alternatives like Ethereum, we will be forced to discuss about IoT soon. After all, the IoT will be made possible by Bitcoin technology in the coming days. What is Internet of Things? Internet of Things (IoT) is a concept where the objects and equipment area embedded with electronic sensors to create a network. These "smart" equipment....
Related News
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 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....
The Blockchain is often touted as the next Internet. A technology so important that it will revolutionize the way we live our lives. There is no lack of interest in Blockchain amongst big technology companies, financial institutions, governments and even the members of the public. The impact of the Internet on our daily lives is now so complete that it would be impossible to think of a world without it. Canada and Germany have even declared the Internet as “essential for life.” Yet, we are not at a stage where Blockchain has assumed a similar role. So what will it take for Blockchain to....
Industrial giant G.E. has announced the new Internet revolution: The Industrial Internet of Things. G.E. promises the Industrial Internet will bring a new wave of digital products, which combines “Machine-to-Machine (M2M) communication, industrial Big Data analytics, technology, cyber security and automation.” The Industrial Internet, if successful, will....
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....