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Author Topic: Bitcoin / Blockchain in connected furnitues (IoT)?  (Read 1661 times)
BlackJacky (OP)
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February 01, 2017, 10:51:13 AM
 #1

Guys, I was thinking how you can use Bitcoin or Blockchain in general regarding furnitures? Do you have any ideas?

Thanks for some Brainstorming Smiley
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February 01, 2017, 01:59:52 PM
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If we talk about blockchain technology and integrating it to furniture products then it is very complicated. But when we speak of bitcoin it is much easier, you can accept bitcoin as a mode of payment to the furnitures you are selling. You can even sell your furnitures online and your customers will pay you in bitcoins before you deliver.

I dont know if I have answered it right but I guess my answer is of help.
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February 01, 2017, 02:14:45 PM
 #3

If heating is needed than using a Bitmain Antminer R4 is an option of building in mining hardware in your house; https://www.cryptocoinsnews.com/bitmain-to-launch-antminer-r4-for-home-bitcoin-mining/

But otherwise, what's the point of having a network / blockchain aware light or table? It would just make the furniture more expensive without any benefits. Equipment that otherwise just stand around like your router can be used to keep a copy of the Bitcoin blockchain (this exists), but I am not sure how a carpet connected to a blockchain improves the product. If the thought is to increase node counts and distribute the blockchain then it might be helpful, but that's improving the crypto network, not improving the furniture per se.
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February 01, 2017, 03:04:34 PM
 #4

options

1. your smart fridge has a barcode scanner.. you finish the milk. scan the barcode, and the fridge stores that to make a shopping list. you fund the fridge with a certain amount of bitcoin.
then on a certain date or the shopping list total reaches the funds it has.. the fridge then API calls walmart with the shopping list along with a signed transaction.

2. manufacturing.
imagine the automated car making robots. (or sofa/ table / carpet manufacturers with automated robots)
when a dealership sells a car. a customer deposits funds. those funds go to the factory. and a factory "spends" the funds by sending 5% to the wheel robot(which then sees funds arrive and starts making wheels), 60% to the engine robot (which then sees funds arrive and starts making the engine)
etc etc .. and a car is build simply by seeing 'transactions' arrive at a certain address.

the taint of the coins then lets the factory know which dealership to deliver to.
the taint of the coins then lets the dealership know which customer to automatically SMS/email that the car is on its way.

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February 01, 2017, 03:09:12 PM
 #5

IoT devices would make great full nodes seeing that they are always online. Maybe some vendor could make something similar to the antrouter that combines a bitcoin miner and a router. Combine a refrigerator and a full node. It would help decentralize the network.  Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy
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February 01, 2017, 03:15:34 PM
 #6

IoT devices would make great full nodes seeing that they are always online. Maybe some vendor could make something similar to the antrouter that combines a bitcoin miner and a router. Combine a refrigerator and a full node. It would help decentralize the network.  Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy

dont expect IBM(smart fridge) to implement it with bitcoin. hyperledgers is their desire

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February 01, 2017, 05:34:15 PM
 #7

Probably any kind of prepaid electric meter where we can store some bitcoins and it get will auto debited as per our consumption of the electricity. Same thing about water and kitchen gas. It would be great to live in such house where there will no postpaid expenditure at all.
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February 01, 2017, 05:48:25 PM
 #8

Probably any kind of prepaid electric meter where we can store some bitcoins and it get will auto debited as per our consumption of the electricity. Same thing about water and kitchen gas. It would be great to live in such house where there will no postpaid expenditure at all.

most things these days are prepaid.

move into a house deposit and 2 months upfront
phone/internet subscriptions. pay upfront for subscriptions.. but the calls / over the limit data allowance moves to following month.

down side of NO postpaid.. is if you run out of funds to cant use it. because they wont send you a bill after use, they just deny service

this is where in england the poor are put on prepaid electric meters. if they run out of money the electric switches off. they either use the 'emergency credit' (extra cost) or some end up selling their stuff to pawn brokers to get the electricity going until payday(incurring costs buying back their stuff after payday).

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BlackJacky (OP)
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February 01, 2017, 06:40:23 PM
 #9

That means a connected furniture would only make sense if there is a display which could offer more services. In that you could start integrate Blockchain / Bitcoin. Any use case?
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February 01, 2017, 07:58:45 PM
 #10

That means a connected furniture would only make sense if there is a display which could offer more services. In that you could start integrate Blockchain / Bitcoin. Any use case?

IBM ADEPT
https://youtu.be/U1XOPIqyP7A?t=2m44s

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February 01, 2017, 08:18:05 PM
 #11

This is a common idea nowadays : people want to put Bitcoin everywhere, in every single thing that exist. People can do whatever they want but I do not think that this is very important. Bitcoin in its current form is for me close to perfect, and maybe, I say maybe, because I have no clear opinion on this hot topic, the only issue would be a too little blocksize.

BlackJacky (OP)
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February 01, 2017, 09:10:47 PM
 #12

That means a connected furniture would only make sense if there is a display which could offer more services. In that you could start integrate Blockchain / Bitcoin. Any use case?

IBM ADEPT
https://youtu.be/U1XOPIqyP7A?t=2m44s

Thats nice, thanks!

I understand why to connect to the internet the washing machine, fridge, coffee Maschine etc. but do you see any reason why to connect furniture to the internet?
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February 01, 2017, 10:14:46 PM
 #13

options

1. your smart fridge has a barcode scanner.. you finish the milk. scan the barcode, and the fridge stores that to make a shopping list. you fund the fridge with a certain amount of bitcoin.
then on a certain date or the shopping list total reaches the funds it has.. the fridge then API calls walmart with the shopping list along with a signed transaction.
.

Smart, i would love to get a fridge like this.
So then you directly go to the supermarket and it's ready for you. Or even better if it could be delivered at home. If you think about seniors and people with a handicap, it could be very usefull and some of them will save money instead paying a help giver for exemple. I wonder why it doesn't exist already, even without bitcoin. It shall not be difficult to invent for an experienced man in this field. Maybe using a Raspberry inside and a screen to scan the barcode, a SD to store a system informations ect.

Edit: wtf smart fridge exists already, i am backward

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February 01, 2017, 10:44:18 PM
 #14

Edit: wtf smart fridge exists already, i am backward

yep, i have been hearing about smart fridges from like 2005

back then it was not the IoT
it was just deemed "connected living"

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February 01, 2017, 10:50:02 PM
 #15

To use Blockchain as technology in your business you have to organize difference kind of business, not furniture. With your furniture business I can suggest you only to start to accept bitcoins as payment to involve it in the bitcoin world. That would be easy to manage and I hope that will move your business on the higher level. Good luck!
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February 01, 2017, 10:58:35 PM
 #16

Edit: wtf smart fridge exists already, i am backward

yep, i have been hearing about smart fridges from like 2005

back then it was not the IoT
it was just deemed "connected living"

The first one i found is a Samsung for 6000$. Defenitly not for me right now Roll Eyes I can buy maybe 20 fridges here with this

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February 01, 2017, 11:10:07 PM
 #17

Guys, I was thinking how you can use Bitcoin or Blockchain in general regarding furnitures? Do you have any ideas?

Thanks for some Brainstorming Smiley

Do you mean as in like a form of payment for purchasing it or like as integrated in some why into the furniture ?
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February 01, 2017, 11:22:21 PM
 #18

Guys, I was thinking how you can use Bitcoin or Blockchain in general regarding furnitures? Do you have any ideas?

Thanks for some Brainstorming Smiley

Do you mean as in like a form of payment for purchasing it or like as integrated in some why into the furniture ?

yeah, I mean integrated in the furniture...Bitcoin or in general Blockchain
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February 02, 2017, 01:24:37 AM
 #19

That means a connected furniture would only make sense if there is a display which could offer more services. In that you could start integrate Blockchain / Bitcoin. Any use case?

Guys, I was thinking how you can use Bitcoin or Blockchain in general regarding furnitures? Do you have any ideas?

Thanks for some Brainstorming Smiley

yeah, I mean integrated in the furniture...Bitcoin or in general Blockchain

im guessing english is not your first language, to which i do not disrespect. i travel the world and speak to many cultures and always humbled by such.

but i have to ask.
you keep mentioning the word "furniture"

do you mean like a sofa or table in someones home.
do you mean like a sofa or table manufacturer building such furniture
do you mean like a electronic household furnishings such as TV, room heaters, window blinds, fridges.

please give an example of what you are specifically asking for. EG pick a piece of furniture. or what you mean by the furniture. using it, making it..

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February 02, 2017, 04:22:14 AM
 #20

Guys, I was thinking how you can use Bitcoin or Blockchain in general regarding furnitures? Do you have any ideas?

Thanks for some Brainstorming Smiley

Do you mean as in like a form of payment for purchasing it or like as integrated in some why into the furniture ?

yeah, I mean integrated in the furniture...Bitcoin or in general Blockchain

Do you mean buying online furnitures with bitcoins?
If you want to integrate Blockchain in furniture its possible.

You may want to read this. http://blockchain-finance.com/2017/01/23/nova-lifestyle-partnership-brings-blockchain-to-furniture-market/

This company is distributor of furnitures and want to incorporate blockchain technology in their business.

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