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1  Alternate cryptocurrencies / Altcoin Discussion / Discovery’s Solution to Disrupt the Traditional Supply Chain on: July 09, 2018, 02:03:10 PM
A supply chain management (SCM) system is a set of software solutions that manage the movement of goods, finances, and data as a product/service move from point of inception to its ultimate destination. SCM activities incorporate everything from product development to logistics. There is a need to track the item as it moves through the supply chain — from the manufacturer to the transporter, then to the warehouse and finally makes its way to the store. While traditional supply chain solutions faced the early challenges of a globally minded and rapidly developing world economy, they eventually reached their limits. The food we eat and the medicines we use all come from remote suppliers which are transported and stored in warehouses. There arise many inquiries, such as

How can perishable commodities be tracked from suppliers to customers?

How can the temperature be monitored during shipment to avoid contamination?

How can spoilt products be quickly suspended even if they are in transit or stored in a warehouse?

Organizations have been demanding more insights into real-time views across the entire supply chain. Goods and information could not traverse easily from one part of a supply chain to the next without manual efforts. Inventory visibility and transportation management across the supply chain were limited by systems that were not connected.

In this dynamic business landscape, the traditional supply chain management model is not suitable for efficient working and thus we are driving IoT, blockchain, AI and edge computing into the image to solve the problem of visibility, agility, operational cost, security etc. Let us compare Discovery’s solution with traditional supply chain model.

With respect to all the attributes, our solution proves to be beneficial to any supply chain industry. Apart from the above information, it is an IoT led supply chain solution that is run through a network of decentralized nodes, residing on the smartphones of a community of users. Discovery makes IoT an affordable solution for tracking daily products by disrupting the costs of the hardware and tracking simultaneously. Our self-chargeable tag, Cliot, helps in monitoring goods-in-transit to gain information regarding temperature, spoilage, damage etc. We are providing this at a very affordable rate which costs as low as $0.10 and brands can track the goods at just $0.04 per month. We solve the latency problem by processing on edge instead of sending to the cloud and waiting until it is processed. There was a need for such a solution since various problems were identified in the market frequently.

Keeping in mind the problems faced by companies who adopted traditional supply chain model, we are building a solution which uses all the innovative technologies like blockchain which makes supply chain process traceable and secure, IoT which helps in inventory management and automation of manufacturing process, which solves the problem of latency on the cloud. The Discovery team holds tremendous domain knowledge and has also excelled in the areas of supply chain and technology. Supported by a strong team, Discovery’s solution will soon disrupt the market as it is a one-stop solution to all the problems at affordable rates.
2  Alternate cryptocurrencies / Altcoin Discussion / 4 REASONS TO INVEST IN DISCOVERY’S SUCCESS on: July 07, 2018, 04:12:38 PM
With the world spending on IoT to reach an astounding $772.5 billion in 2018 as per IDC, IoT is set to become a game changer in technology space in the future. One of the major areas where IoT can make an impact is in supply chain and according to a report by Cisco it is estimated that IoT will generate a staggering $1.9 trillion market in supply chain alone. Hence, Discovery is tapping into this trillion dollar market with an innovative IoT solution setting itself apart with an assurance of success due to the following reasons:

Network Effect
- Unlike the existing two-way business, whose value accrued from the product is proportional to the number of players in the market, we are aiming to have an ‘escape velocity’ which will hold a competitive edge and will make difficult for companies’ to replicate. We are making our network self-sustainable where the user community will directly contribute to the enterprise’s growth. The user community will lend cellular data to the enterprises aiding them to expand their company and drive revenue opportunities.

Affordability and Right Incentives - We ensure to benefit every player i.e the user community as well as the enterprises. The user community is the service providers of the cellular network who are rewarded higher than the amount charged by the telecommunications network which eventually motivates users to lend more of their network bandwidth to our Discovery community. Also, from the enterprises’ view, they are able to access the information related to stock and sales data which aids them in making real-time decisions at a highly affordable rate thus proving beneficial to both user community and enterprises.

Upgraded Technology
- As the evolution of IoT continues, it is crucial to progress from the existing solutions and holds superior technology to solve all the issues in the current supply chain management process. The current SCM process is in need of innovative technological solutions like IoT and edge computing to improvise and solves the challenges being faced say, monitoring good in-transit, automatic manufacturing process etc. DiscoveryIoT solutions are 100x superior and advance when compared to existing solutions which will upgrade with respect to the dynamic environment and holds a higher chance of mass adoption.

Democratization - Due to high hardware and solution cost, IoT solutions was restricted in industries which hold upmarket goods. However, we are providing IoT solution at a highly affordable rate to make it democratize. Our self-charging printable tag, Cliot,coat as low as $0.10 by making it affordable for any industry to use and secure the supply chain. With industries, even the consumers can use to track and gain information by placing this tag on daily products.

1.Smarter AI - As AI will be given to store plenty of information, it will become smarter and further help the businesses by providing accurate information of stock, sales for the year, revenue generated etc. Also, it aids the clients in getting a clear vision of the company by gaining information like progress for a particular period of time and other relevant historical data.
2.Strong Team - Our team consists of experienced professionals, technical experts, and business development managers. The team has tremendous domain knowledge and excel in the areas of supply chain and technology. The Co-Founder & CEO, Selvam VMS is a veteran in the area of supply chain management with more than 10 years in the domain and is accompanied by Kumar T, Co-Founder & CTO, a techie with more than 15 years of knowledge and experience in the areas of IoT and AI. Also, they are supported by various high professionals, experts and senior advisors say, Aly Madhavji and Nandakumar Balanujan with 36+ years of experience in supply chain.

WHY INVEST IN DISCOVERY?

Supply chain management is an extremely relevant process in every industry. Order fulfillment can be delayed by a number of factors like traffic, stock out and also holds issues like temperature stability for perishable goods, inventory management etc. Discovery is building a solution that can make an impact in a trillion dollar supply chain market. Following are some of the reasons why investment in Discovery assures an excellent ROI:

1.Scalable solution– According to Gartner, there will be 20 billion connected devices in 2020, which eventually means that IoT networks must be scalable in order to accumulate these devices. In spite of residing on a crowded source, smartphones, our blockchain 4.0 technology can handle a large number of devices and also manage millions of transactions per second which will make our network massive and scalable. The DiscoveryIoT solution is truly disruptive in nature and there is no requirement of any infrastructure like towers, scanners or readers required for the solution to operate, it is easily scalable and expandable across geographies.

2.Real and existing problem- DiscoveryIoT solves the current problems of supply chain management like product obsolescence, stock-outs and lost of shelf space, suboptimal trade marketing spends etc. These problems are been identified in the market frequently and hence there was a need for a solution.

3.Existing business- This solution is built on top of an existing business. Working with some of India’s leading consumer brands the team already handles more than 150 million lbs of products through its supply chain. In other words, DiscoveryIoT is an existing solution which is being moved into the blockchain for transparency, scale and cost optimization.

4.Massive market - According to Statista, the supply chain market will increase from $3.4 billion in 2017 to $9.4 billion in 2023 stating much scope. This market also suffers from tracking problem which leads to huge loads of losses. It is estimated that industries waste more than $1 trillion due to stock obsolescence, stock-outs, and wasted marketing expenditure. Cliot tag helps in tracking products with smart AI to provide accurate information.
3  Alternate cryptocurrencies / Altcoin Discussion / TOP 3 INDUSTRIES DISCOVERY TARGETS FOR SUPPLY CHAIN ADOPTION on: July 06, 2018, 02:00:32 PM
TARGET MARKETS RIPE FOR DISCOVERY NETWORK’S ADOPTION

Combining the power of IoT and blockchain, Discovery’s solution for a smart supply chain allows for a twofold business strategy to monetize its innovative network. The initial strategy is to limit the focus to become a complete supply chain solutions provider. Utilizing IoT hardware, blockchain network and data analytics, Discovery can completely disrupt the traditional supply chain that is estimated be a trillion dollar market. In this initial phase, Discovery would focus on a select few industries that rely on extensive supply chain operations to function. This would also be the phase where Discovery builds its user community to a certain threshold for an IoT communications network.

Once a significant community is built, Discovery shall expand its focus to become an IoT communications network provider. This would form the second phase of the business strategy whereby the network can be accessed on a usage fee model, priced at a reasonable rate. This would enable the users to make use of the services anywhere across the world.

Given the innovative threefold solution that Discovery is developing for the supply chain, the initial target industries would be those that have a dire need for tracking products in the channel. In particular, Discovery would target the consumer durable, FMCG and apparel industries. A closer look at each of these industries is necessary to see why they are ripe for the immediate adoption of smart supply chain.

1.CONSUMER DURABLES

Durable goods are those that do not wear out in a short time. Examples include automobiles, consumer electronics, books, hardware equipments etc. Consumer goods industry is a massive market such that the developing economies with their demographic strength are expected to lead this industry in future. For instance, India is expected to be the fifth largest consumer durable market by 2025 and is projected to be worth $20.6 billion by 2020. On the other hand, according to a research study, by 2026 the global consumer electronics market is poised to reach $3 trillion rising at CAGR 15% between 2016 and 2026. For sales, this segment primarily relies on many intermediary channels such as retailers, dealers and distributors to reach the consumer end. Therefore, there is a huge issue of lack of visibility of products in supply chain and transparency among these intermediaries. This ultimately results in inflated costs for consumers and the clients, stockouts, stock obsolescence etc. Hence, by adopting a smart supply chain solution for the existing operations, clients can drastically improve their sales and strategize businesses more effectively than ever before.

2.FAST MOVING CONSUMER GOODS (FMCG)

In contrast to durable goods, FMCG are those products that have short shelf life, are rapidly consumed and made available at low cost. Examples include toiletries, packaged foods and stationary items like paper, pen etc. Due to the high volume sales, it does not come surprising that FMCG market is projected to reach $14 trillion in 2025, up from $8 trillion in 2014 according to McKinsey. The requirement for a highly efficient supply chain is much needed in this industry than in any other. Due to short shelf lives of products and high volume sales of those, stockouts and stock obsolescence are major hurdles that enterprises in this sector have to deal with regularly. Therefore, having visibility of stock levels and replenishing it at the right time is highly critical to FMCG industry, hence the requirement for a smart supply chain solution is crucial.

3.FASHION AND APPAREL

Valued at $2.4 trillion in 2016, fashion industry is expected to have a growth rate between 1.5% and 4.5%. This industry, unlike FMCG, requires a seasonal change in its inventory to stay relevant to consumer’s interest. The industry comprises of luxury and value segment wherein luxury brands can afford to have better visibility in the supply chain process as they are not massively produced and are managed through fewer retails. Besides, most luxury brands have their retail stores located in tier one cities therefore benefitting from the connectivity which can in turn offer better logistical support. In contrast to luxury segments, value based segments are mass produced and have their sales spread across numerous cities which often poses significant supply chain challenges. Such retail segments also suffer from having poor retail sales data of all the outlets which in turn results in ineffective trade marketing at the stores. Valued at $1.2 trillion, this industry is one that experiences the highest out of stock percentage, almost 30% to 40%. Clearly, with efficient supply chain management these losses can be converted to significant revenue gains.

CONCLUSION

From the above brief up on the three industries, it is clear that, an IoT based supply chain solution is never more crucial in any other industries than those highlighted above. Essentially, Discovery is addressing a market as big as $20 trillion. To address such an enormous market, a comprehensive solution such as what Discovery provides is necessary. Therefore, with an effective and a comprehensive IoT based network in place, Discovery can help enterprises in retail segment in saving millions lost in revenue due to the inefficiencies in the existing models of supply chain management.
4  Other / Off-topic / Re: What present is better for a wife's birthday? on: June 13, 2018, 12:36:42 AM
Plan a surprise weekend.  Spend as much as your budget allows.
5  Bitcoin / Bitcoin Discussion / Are u looking for an IoT Network Protocol???? on: May 03, 2018, 11:38:33 AM
DiscoveryIoT - World's First Blockless DAG IoT Network

DiscoveryIoT is a Blockchain IoT Network, Powered by Artificial Intelligence, Edge Computing, Ubiquitous Computing and Backscatter Communication. A game changer to disrupt 60 Trillion dollar IoT industry. DiscoveryIoT is a integrated IoT ecosystem, that enables Enterprise to build IoT Dapps with Inbuilt Data connectivity, processing complex computational task using Edge computing and Artificial Intelligence security. Discovery Blockchain IoT Network is a new breed of IoT ecosystem which will solve IoT device communication, Data processing and cloud server issues in the existing IoT industry. DiscoveryIoT will be the future of Smart World.

Whitepaper:https://discoveryiot.com/wp-content/uploads/2018/04/documents-whitepaper-en.pdf

Visit us on:https://discoveryiot.com/

Follow us on:

FACEBOOK : https://www.facebook.com/DiscoveryIoTnetwork
TWITTER : https://twitter.com/discovery_iot
LINKEDIN : https://www.linkedin.com/company/discoveryiot/
MEDIUM : https://medium.com/@reachus_89986
SLACK : https://discoveryiot.slack.com
REDDIT : https://www.reddit.com/user/discoveryIOT/

Join our telegram group for more details : https://t.me/joinchat/IR-zfQ8PsRHFF-chSu5HCw


6  Bitcoin / Project Development / Blockchain IoT Network on: May 03, 2018, 09:42:48 AM
DiscoveryIoT is a Blockchain IoT Network, Powered by Artificial Intelligence, Edge Computing, Ubiquitous Computing and Backscatter Communication. A game changer to disrupt 60 Trillion dollar IoT industry. DiscoveryIoT is a integrated IoT ecosystem, that enables Enterprise to build IoT Dapps with Inbuilt Data connectivity, processing complex computational task using Edge computing and Artificial Intelligence security. Discovery Blockchain IoT Network is a new breed of IoT ecosystem which will solve IoT device communication, Data processing and cloud server issues in the existing IoT industry. DiscoveryIoT will be the future of Smart World.

Visit us on:https://discoveryiot.com/
7  Alternate cryptocurrencies / Service Discussion (Altcoins) / DiscoveryIoT - World's First Blockless DAG IoT Network on: May 03, 2018, 06:58:24 AM
DiscoveryIoT - World's First Blockless DAG IoT Network

I always wonder about how the communications and network in our body work, after doing an in-depth research in the systems biology, cell biology, Genetics & Genomics on how the information transfers between our cells.
For every 10 years, there will be huge technology shift and the next technology shift will be “Autonomous World”, everything that we see today will work autonomously without human intervention. By 2030 if you go to Coffee day, the machine will identify you and brew a personalized coffee for you, you won’t find any humans over there. Oops, you poured the coffee on your table don’t worry there will be a self-cleaning mechanism which itself and assure you it is 100% clean without bacteria. These are a few cases but everything will be soon Intelligently Autonomous. The entire industry is working on that, but we really need a strong platform to achieve this. We need an Intelligent Autonomous IoT platform which can communicate trillions of devices seamlessly and execute the task without human intervention.
We need a whole new paradigm shift of technologies to achieve this. Do the existing IoT platforms providing that? No not at all. Many companies provide IoT analysis, cloud hosting, devices etc., but there is no integrated platform for IoT. say it’s like in the initial IT boom there is different types of application for contact management, leave approval, customer management etc., but when CRM & ERP comes it paves a new world of possibilities for entire Enterprise resource planning. Likewise, we are building a complete Autonomous Blockchain IoT network. I am doing research in scalable Blockchain IoT Network for a long time and engineered a solution based on biological systems.

The problems in the existing IoT networks

1.Security Issues
2.Scalability
3.Interoperability — Need to support multiple protocols
4.Data storage & Processing
5.Lack of Intelligence
6.Lack of event processing

Discovery — A Blockchain IoT Network

1.Highly Secured — AI Edge Intelligence Security
2.Scalability — Highly scalable can able to handle trillions of devices
3.Supports widely used protocols
4.Data storage & Processing — Hyper Edge Intelligence with Disposable AI SDN (Software defined networks)
5.The Blockchain IoT Network is built with Intelligence

AI Blockchain 4.0 IoT Network

The future of IoT is here. We are building an autonomous intelligent blockchain IoT network, which can able to handle trillions of IoT devices, store and process the data and execute events/tasks based on the intelligence.

1. Discovery -Blockchain 4.0 IoT Network

IoT by nature is a decentralized architecture, but so far we are using centralized IoT solution to achieve this. We are building a real Autonomous Blockchain IoT network inspired by a Biological system. Discovery is a Blockless DAG protocol which is exclusively created for Autonomous Network to solve the existing problems. Discovery may explode the IoT industry to 1000x and we are building Discovery to push to its extreme and beyond to its boundaries. A Blockchain IoT platform makes the world smart & autonomous. We are building this Blockchain IoT network by connecting all smartphones and smart devices via Blockchain. All the nodes can share their smartphone Infrastructure like Wi-Fi, Bluetooth, Processing power and storage to facilitate onboard intelligence Edge Computing process. All the nodes connected to form a DAG structure and the system is a completely blockless system. We created the entire IoT network completely localized using semantic ontology. The future of IoT is here. The entire Blockchain IoT network is created by smartphones of users. A decentralized IoT network created using millions of users by providing their smartphone infrastructure. Compass is a semantic smartphone infrastructure access p2p protocol with built-in Edge computing facilities with AI and ubiquitous computing.


2. Cliot — A Backscatter IOT hardware platform

The major bottleneck in IoT devices are

1.Device cost
2.Battery
3.Device size
4.Lack of Edge Intelligence
Due to the above reasons, IoT is not penetrated in all places. But literally, IoT has to be in all places to make the entire world smart and more productive. We are building a backscatter hardware platform with a special frequency modulator so, that the backscatter IoT device can communicate with Wi-Fi, Bluetooth with a single onboard component. The IoT device will communicate via backscatter & it can harvest and store energy from backscatter. Any smartphone can become a reader for the IoT device. So, we don’t need an extra reader like RFID reader. We can use the existing decentralized smartphone as a reader, no need to have a dedicated reader. We are building Cliot with the price range from 10 cents to 50 cents as per the device requirements.

3. Edge Intelligence (Edge Computing + Artificial Intelligence)


Most of the existing IoT solutions take the leverage of Cloud computing and do the necessary computational things in the cloud. Practically the entire IoT solution is now centralized, and this model won’t support the scalability of IoT solutions. Latency is one of the problems in cloud-based IoT services. IoT devices send raw data to the cloud, where it is computed by the cloud resource. Some of the IoT solution providers and IoT device manufacturers are executing the computational activities onboard in order to prevent the network latency. But this is also not a suitable solution for the future IoT requirements as the cost of the IoT device will be high and the device requires more power to execute the computational things. This is also not a feasible solution for the next generation IoT solutions. Maintenance of these devices will be a herculean task. As we depend on more and more edge computing with onboard hardware then we are more prone to attacks.
We engineered a unique solution which is highly secured, can do basic to high-level computational activities using AI and highly scalable. Our Blockchain IoT network ensures high-level privacy as it built on the blockchain. All the nodes can execute complex computational activities. We implemented Deep Learning & Machine Learning to execute the edge computing activities. So, by implementing this any enterprise can run complex calculations on the user’s smartphone. Executing AI in a smartphone may look like wired but it’s literally not like that.
Our machine learning algorithm analyses the usage of the user’s smartphone and routes the activities to other available nodes. Eg: If a user is recording a video in a smartphone, at that moment the user cant able to provide any infrastructure resource to do the computation, AI algorithm analyses it and route the computation task to the nearby available resource. So, all the calculations will be done on the node instead of transferring the raw data to the cloud and execute it there. This provides a huge value and the nodes will act as a decision-making machine.
By nature of our IoT network architecture, the entire system is secured. The hackers can hack the IoT device with the vulnerabilities in it but can’t able to hack the processed data and the cloud where it stored. We are having AI agents in each node which analyze the pattern and behavior of the incoming data from the IoT device, if there is an issue then the connection to the IoT device is dropped and it’s intimated to the peers. So, all other nodes also get protected from the attack and based on this attack all the peers can take predictive measures. The hacker can’t able to attack the server in any way as it is a separate layer. So, the data will be completely secured. We are not providing a traditional edge computing solution; it’s a state of the art hybrid solution for the smart world.

4. Ubiquitous computing

Our vision is to build a smart IoT network which can able to do the computational task on the nodes. It’s really a big challenge to achieve this. We implemented Ubiquitous computing to achieve the computation can be made anywhere. Ubiquitous computing is an emerging domain, where computing can be done anywhere using any device, in any location and in any format. And the computing is invisible to a user. Ubiquitous computing will have a great impact in IoT environments, where the computing needs to be done on any device but needs to be invisible. As our entire IoT network is created by user’s smartphones, the computation needs to be invisible to the user. The computational task will not slow down the process of the user’s smartphone. Due to the nature of the p2p networks, there will be network instability. We implemented Ubiquitous computing and AI to solve this issue. The computation process can be transferred to any nodes and the computation task can be shared to any no of nodes based on the machine learning algorithms.

Whitepaper:

https://discoveryiot.com/wp-content/uploads/2018/04/documents-whitepaper-en.pdf

Visit us on:

https://discoveryiot.com/

Follow us on:

FACEBOOK : https://www.facebook.com/DiscoveryIoTnetwork
TWITTER : https://twitter.com/discovery_iot
LINKEDIN : https://www.linkedin.com/company/discoveryiot/
MEDIUM : https://medium.com/@reachus_89986
SLACK : https://discoveryiot.slack.com
REDDIT : https://www.reddit.com/user/discoveryIOT/

Join our telegram link for more details : https://t.me/joinchat/IR-zfQ8PsRHFF-chSu5HCw
8  Alternate cryptocurrencies / Altcoin Discussion / DiscoveryIoT - World's First Blockless DAG IoT Network on: May 03, 2018, 06:45:31 AM
DiscoveryIoT - World's First Blockless DAG IoT Network

I always wonder about how the communications and network in our body work, after doing an in-depth research in the systems biology, cell biology, Genetics & Genomics on how the information transfers between our cells.
For every 10 years, there will be huge technology shift and the next technology shift will be “Autonomous World”, everything that we see today will work autonomously without human intervention. By 2030 if you go to Coffee day, the machine will identify you and brew a personalized coffee for you, you won’t find any humans over there. Oops, you poured the coffee on your table don’t worry there will be a self-cleaning mechanism which itself and assure you it is 100% clean without bacteria. These are a few cases but everything will be soon Intelligently Autonomous. The entire industry is working on that, but we really need a strong platform to achieve this. We need an Intelligent Autonomous IoT platform which can communicate trillions of devices seamlessly and execute the task without human intervention.
We need a whole new paradigm shift of technologies to achieve this. Do the existing IoT platforms providing that? No not at all. Many companies provide IoT analysis, cloud hosting, devices etc., but there is no integrated platform for IoT. say it’s like in the initial IT boom there is different types of application for contact management, leave approval, customer management etc., but when CRM & ERP comes it paves a new world of possibilities for entire Enterprise resource planning. Likewise, we are building a complete Autonomous Blockchain IoT network. I am doing research in scalable Blockchain IoT Network for a long time and engineered a solution based on biological systems.

The problems in the existing IoT networks

1.Security Issues
2.Scalability
3.Interoperability — Need to support multiple protocols
4.Data storage & Processing
5.Lack of Intelligence
6.Lack of event processing

Discovery — A Blockchain IoT Network

1.Highly Secured — AI Edge Intelligence Security
2.Scalability — Highly scalable can able to handle trillions of devices
3.Supports widely used protocols
4.Data storage & Processing — Hyper Edge Intelligence with Disposable AI SDN (Software defined networks)
5.The Blockchain IoT Network is built with Intelligence

AI Blockchain 4.0 IoT Network

The future of IoT is here. We are building an autonomous intelligent blockchain IoT network, which can able to handle trillions of IoT devices, store and process the data and execute events/tasks based on the intelligence.

1. Discovery -Blockchain 4.0 IoT Network

IoT by nature is a decentralized architecture, but so far we are using centralized IoT solution to achieve this. We are building a real Autonomous Blockchain IoT network inspired by a Biological system. Discovery is a Blockless DAG protocol which is exclusively created for Autonomous Network to solve the existing problems. Discovery may explode the IoT industry to 1000x and we are building Discovery to push to its extreme and beyond to its boundaries. A Blockchain IoT platform makes the world smart & autonomous. We are building this Blockchain IoT network by connecting all smartphones and smart devices via Blockchain. All the nodes can share their smartphone Infrastructure like Wi-Fi, Bluetooth, Processing power and storage to facilitate onboard intelligence Edge Computing process. All the nodes connected to form a DAG structure and the system is a completely blockless system. We created the entire IoT network completely localized using semantic ontology. The future of IoT is here. The entire Blockchain IoT network is created by smartphones of users. A decentralized IoT network created using millions of users by providing their smartphone infrastructure. Compass is a semantic smartphone infrastructure access p2p protocol with built-in Edge computing facilities with AI and ubiquitous computing.


2. Cliot — A Backscatter IOT hardware platform

The major bottleneck in IoT devices are

1.Device cost
2.Battery
3.Device size
4.Lack of Edge Intelligence
Due to the above reasons, IoT is not penetrated in all places. But literally, IoT has to be in all places to make the entire world smart and more productive. We are building a backscatter hardware platform with a special frequency modulator so, that the backscatter IoT device can communicate with Wi-Fi, Bluetooth with a single onboard component. The IoT device will communicate via backscatter & it can harvest and store energy from backscatter. Any smartphone can become a reader for the IoT device. So, we don’t need an extra reader like RFID reader. We can use the existing decentralized smartphone as a reader, no need to have a dedicated reader. We are building Cliot with the price range from 10 cents to 50 cents as per the device requirements.

3. Edge Intelligence (Edge Computing + Artificial Intelligence)


Most of the existing IoT solutions take the leverage of Cloud computing and do the necessary computational things in the cloud. Practically the entire IoT solution is now centralized, and this model won’t support the scalability of IoT solutions. Latency is one of the problems in cloud-based IoT services. IoT devices send raw data to the cloud, where it is computed by the cloud resource. Some of the IoT solution providers and IoT device manufacturers are executing the computational activities onboard in order to prevent the network latency. But this is also not a suitable solution for the future IoT requirements as the cost of the IoT device will be high and the device requires more power to execute the computational things. This is also not a feasible solution for the next generation IoT solutions. Maintenance of these devices will be a herculean task. As we depend on more and more edge computing with onboard hardware then we are more prone to attacks.
We engineered a unique solution which is highly secured, can do basic to high-level computational activities using AI and highly scalable. Our Blockchain IoT network ensures high-level privacy as it built on the blockchain. All the nodes can execute complex computational activities. We implemented Deep Learning & Machine Learning to execute the edge computing activities. So, by implementing this any enterprise can run complex calculations on the user’s smartphone. Executing AI in a smartphone may look like wired but it’s literally not like that.
Our machine learning algorithm analyses the usage of the user’s smartphone and routes the activities to other available nodes. Eg: If a user is recording a video in a smartphone, at that moment the user cant able to provide any infrastructure resource to do the computation, AI algorithm analyses it and route the computation task to the nearby available resource. So, all the calculations will be done on the node instead of transferring the raw data to the cloud and execute it there. This provides a huge value and the nodes will act as a decision-making machine.
By nature of our IoT network architecture, the entire system is secured. The hackers can hack the IoT device with the vulnerabilities in it but can’t able to hack the processed data and the cloud where it stored. We are having AI agents in each node which analyze the pattern and behavior of the incoming data from the IoT device, if there is an issue then the connection to the IoT device is dropped and it’s intimated to the peers. So, all other nodes also get protected from the attack and based on this attack all the peers can take predictive measures. The hacker can’t able to attack the server in any way as it is a separate layer. So, the data will be completely secured. We are not providing a traditional edge computing solution; it’s a state of the art hybrid solution for the smart world.

4. Ubiquitous computing

Our vision is to build a smart IoT network which can able to do the computational task on the nodes. It’s really a big challenge to achieve this. We implemented Ubiquitous computing to achieve the computation can be made anywhere. Ubiquitous computing is an emerging domain, where computing can be done anywhere using any device, in any location and in any format. And the computing is invisible to a user. Ubiquitous computing will have a great impact in IoT environments, where the computing needs to be done on any device but needs to be invisible. As our entire IoT network is created by user’s smartphones, the computation needs to be invisible to the user. The computational task will not slow down the process of the user’s smartphone. Due to the nature of the p2p networks, there will be network instability. We implemented Ubiquitous computing and AI to solve this issue. The computation process can be transferred to any nodes and the computation task can be shared to any no of nodes based on the machine learning algorithms.

Whitepaper:

https://discoveryiot.com/wp-content/uploads/2018/04/documents-whitepaper-en.pdf

Visit us on:

https://discoveryiot.com/

Follow us on:

FACEBOOK : https://www.facebook.com/DiscoveryIoTnetwork
TWITTER : https://twitter.com/discovery_iot
LINKEDIN : https://www.linkedin.com/company/discoveryiot/
MEDIUM : https://medium.com/@reachus_89986
SLACK : https://discoveryiot.slack.com
REDDIT : https://www.reddit.com/user/discoveryIOT/

Join our telegram link for more details : https://t.me/joinchat/IR-zfQ8PsRHFF-chSu5HCw
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