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IBM's Proof of Concept for Blockchain-Powered Internet of Things

Like blockchain , iot
Curated: 21/01/2015 from www.coindesk.com/ibm-reveals-proof-concept-blockchain-powered-internet-things/
IBM's Proof of Concept for Blockchain-Powered Internet of Things

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"ADEPT ... Autonomous Decentralized Peer-to-Peer Telemetry ... taps blockchains to provide the backbone of the system... IBM and Samsung chose three protocols – BitTorrent (file sharing), Ethereum (smart contracts) and TeleHash (peer-to-peer messaging) – to underpin ADEPT... blockchains deployed within the ADEPT system would serve as a ledger of existence for billions of devices that would autonomously broadcast transactions between peers in a three-tier system of peer devices and architecture. By using an implementation of the bitcoin protocol, ADEPT could serve as a bridge between many devices at low cost.... The draft paper outlines a number of use cases,..." which you can read about here: - IBM Reveals Proof of Concept for Blockchain-Powered Internet of Things

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The above notes were curated from the full post www.coindesk.com/ibm-reveals-proof-concept-blockchain-powered-internet-things/.

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