[ICO] iiot - Industrial Internet of Things in Blockchain

- Maret 14, 2018

Author
Gugun189: https://bitcointalk.org/index.php?action=profile;u=1366850
Myeth: 0xa4ee0e08D280B1b2AdFb0c942E70BFB22152446a

IIOT Telecom is committed to providing services to the industrial Internet of things through the use of blockchain technology. There are two main components in your business. They are a LoRaWAN wireless network and a decentralized platform for IIoT. The IIoT platform collects large amounts of data from smart devices, which will then be stored in blockchain and processed using specialized algorithms. The information stored in blockchain has the ability to be sent to several commercial systems for analysis and visualization. Blockchain technology creates an independent and widely available platform.

The IIoT platform plans to make use of the established technology for startup like SONM. In this way, they can focus more on things like advanced programming and algorithms. LoRaWAN devices will be manufactured in associated facilities to reduce costs as well. The plans are to deliver medium and large cities with wireless network coverage using LoRaWAN technology. These networks will facilitate data transfer.

Some potential services include these options. Data may be collected from new meters such as water, electricity and gas. A parking and reservation system is possible. The use of sensors can help determine the optimal location and movement of equipment or products in a factory. In addition, the sensors can be used to help find breaks in pipelines or pipelines. There are also many other potential uses of this technology. By 2022, the goal is to be in more than a thousand cities around the world with more than fifty million connections.

To pay for the services that will use the IIoT platform, it will be paid using your own crypto token based on the Ethereum block chain. People using IIoT technology for their businesses have the potential to reduce costs and increase the benefits over other companies. If you are curious to read more about the project, I have listed some links below.

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