Data transparency and end-to-end process tracking is achieved with robust blockchain verification mechanisms and traceable digital identity management.
IoT gathers massive amounts of data to inform new business decisions.
Blockchain automates security and auditability, delivering verifiable, secure and permanent data storage. Together, they make data usable, accessible and safe.
By 2019, 20% of all IoT devices will be built on blockchain technology.
The number of IoT devices worldwide will change from about 27B in 2017 to 125B in 2030. Source
How we bring
blockchain to IoT
- Immutable
- |
- Encrypted
- |
- Tamperproof
- |
- Scalable
Object identity authentication & provenance
Transaction automation & verification
Smart contracts automatically process every business transaction, including machine-to-machine interactions, allowing remote asset management and instant data verification.
Data exchange
IoT-driven data streams are shared in real time across the network within the decentralized blockchain. Each record becomes immutable and visible to all the network members.
IoT data analytics
Blockchain unlocks an opportunity for detailed predictive analysis of data gathered from connected services and devices, recording metadata and creating an immutable history of decisions made in the IoT ecosystem.
Network security
Blockchain reduces attack surface to a minimum and eliminates centralized data lakes. The distributed ledger tackles current IoT security threats with hash-based security, customized consensus protocols, and safe software updates.
Stress-free scalability
Blockchain removes the limitations of centralized, cloud-based IoT platforms, allowing the number of connected devices and transactions to expand without obstructing infrastructure and data management.
Blockchain- supported IoT Business Network
IoT gathers massive amounts of data to inform new business decisions. Blockchain automates security and auditability, delivering verifiable, secure and permanent data storage. Together, they make data usable, accessible and safe.
Our technology stack: blockchain in IoT
IoT platforms
Blockchain platforms
Frameworks
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