IoT

The Internet of Things has emerged as a set of technologies from Wireless Sensors Networks (WSN) to Radio Frequency Identification (RFID), that provide the capabilities to sense, actuate with and communicate over the Internet.

The reason for this lack of transparency, in most cases, is the analog gap between all the systems within the company as well as across company boundaries.

Nowadays, an IoT device can be an electronic device from a wearable to a hardware development platform and the range of applications where it can be used encompass many areas of the society.

Uniquely Identifiable Nodes

Uniquely identifiable nodes are essentially just primary sensors that communicate without human interaction using different connectivity methods. With the addition of smart contracts and the blockchain, interaction-automation processes have never been faster or easier.

Gateways

These act as intermediaries between things and the cloud to provide the needed connectivity, security, and manageability.

Network infrastructure

This is comprised of routers, aggregators, gateways, repeaters and other devices that control and secure data flow.

Cloud infrastructure

Cloud infrastructure contains large pools of virtualized servers and storage that are networked together with computing and analytical capabilities.

Key issues in the utility industry

High Data Security

Real-time tracking

Stronger cloud management

Better automation process

Identity for IoT devices

Better compliances

Data anonymity for extra privacy

More access control

End-to-end visibility

Firewall against DDoS attacks

Stronger data validation process

Encryption for multifactor authorization

Secure communication gateway

Better quality control in IoT manufacturing

Collaborative environment for shared economy

Suitable enterprise blockchain platforms for IoT

Helium

Helium is a decentralized, open wireless network built on a new blockchain for the physical world. It relies on a novel type of work called Proof of Coverage, and a new consensus algorithm (based on HoneyBadger BFT). The Helium Network is used to route data for long-range, lower power IoT devices that use Helium's LongFi protocol.

HNT

Helium

IOTA

IOTA is transaction settlement and data transfer layer for the Internet of Things (IoT). It's distributed ledger, the Tangle, is based on a data structure referred to as a Directed Acyclic Graph (DAG). In the Tangle there are no blocks or miners, and every transaction on the Iota network must validate two previous transactions through a small proof-of-work (PoW).

MIOTA

IOTA