|
Title: Internet availability in IoT Post by: ed_teech on May 28, 2015, 09:05:12 AM Hello all,
I've read that Bitcoin can be a payment infrastructure for IoT. Some projects like Ethereum have promised to deliver features into the blockchain that can facilitate payments between smart objects. As I've seen Bitcoin transactions must be done online and can't be processed offline. Does this imply that every object that wants to transfer money has to be online ? Isn't Bitcoin usable in an offline environment ? (with technical changes of course) Looking forward to your responses. Title: Re: Internet availability in IoT Post by: virtualx on May 28, 2015, 04:16:16 PM Hello all, I've read that Bitcoin can be a payment infrastructure for IoT. Some projects like Ethereum have promised to deliver features into the blockchain that can facilitate payments between smart objects. As I've seen Bitcoin transactions must be done online and can't be processed offline. Does this imply that every object that wants to transfer money has to be online ? Isn't Bitcoin usable in an offline environment ? (with technical changes of course) Looking forward to your responses. You can send transactions offline, as long as the receiving end pushes the transactions on the network. If you have any transmitter that can push transactions, you do not need to be connected to the internet at all. Telegram, telephone, smoke signals.. all would work. |