HURIFY
Decentralized Blockchain platform for IoT Solution
Development that bridges the gap between IoT demand and Supply
Hurify Inc. is founded by Ex-Intel veterans. Hurify is an Ethereum based decentralized platform that facilitates IoT Developers to monetize their IoT hardware resources and services via Smart Contracts. Hurify is powered by Ethereum ERC20 standard HUR Tokens. Hurify Beta is the MVP of the platform that is currently under testing and available for product demo on the Ethereum test network. Hurify has already partnered with Stewart Mckelvey, the leading law firm in Canada; Drone Think Do, the leading Drone consortium in Europe; Paasmer IoT and Drone platform, the innovative Platform As A Service provider in the United States.Problem Statement: IoT has been to a roaring start, but some inherent challenges in IoT are hampering the progress companies are making on their IoT journey. For IoT to reach its maximum potential, small businesses and enterprises need a way to quickly and cost-effectively turn IoT ideas into value create applications.
Developmental complexity
To transform an IoT idea to implementation requires a complex understanding of multiple disciplines. To develop a full-blown IoT product one should understand the integration complexities of the hardware sensors, gateways, middleware, cloud and data analytics.
Skills Shortage
IoT solutions require hard-to-find skills spanning IoT technology, integration, data management, analytics, and app development. According to Gartner, 49 percent of CIOs are expecting to experience IT skills shortages in the next 12 months. Developing an IoT product or solution is like solving the puzzle. All the right pieces of the puzzle must be put together correctly for creating and launching a successful IoT product.
Growing numbers of companies are working to develop the infrastructure needed for the development of IoT. There are many players from cloud providers like Amazon and Microsoft, network providers like AT&T and Verizon, and microprocessor providers like ARM and Intel. As IoT domain is fragmented, developing an IoT product usually requires working with multiple partners to produce a working solution. When IoT companies advertise themselves as providing independent platforms, they are usually leading collaborations. These platform brands are specialized for a specific domain, and much of the supporting IT pieces must be identified and built by working with several subcontracting partners.Solution: Most IoT companies are building High Productivity Application Platforms as a Service (hPa PaaS) the solution, which are application abstraction layers that help integrate easier and faster IoT development. Hurify is addressing the ground level talent problem of building core skills in engineers and helping them to connect with IoT product development opportunities. The developers get to learn and get paid as they master new and cutting-edge IoT skills.
Hurify is an innovative Smart Contract platform that will bridge the gaps between the IoT solution builders with world-class IoT experts. Hurify creates a blockchain marketplace that facilitates connections between clients wanting to create IoT products and the best developers who can build their products. Developers can list their services for free and IoT clients can browse for these services. Payment for Developer services through Hurify is based upon an Ethereum blockchain that encourages trusted partnerships in the international IoT talent sectors.
Welcome to the future of IoT development
Hurify will use its own Ethereum ERC20 Token standard called HUR
for the transactions within its network.
Advantages of Hurify Marketplace for IoT development- Cryptocurrency Payments for International Partnerships
- Decentralized Ethereum based platform driven by Smart Contracts
- Quick concept to prototype transition
- Lower IoT development cost with no additional charges or fees
- Multi-signature escrow between the client and developer
- Ability for client to find the right talent for the IoT development work
- Immediate payment for completed development projects
- Gives clients the opportunity to specify their own terms and conditions
- Personal information does not have to be shared
- Payments are made directly to the buyer and seller
- Builds reputation and client base for the best of IoT developer talent
Hurify Architecture:
The Hurify framework allows clients who are looking to build IoT solutions to find the right developer talent and engage with them to create the first prototype and beyond. Hurify’s objective is to create a Smart Contract system that allows a client with an IoT idea to create an IoT product/solution and fast-track the development of their prototype by leveraging the IoT talent pool in the international freelance developer marketplace. The Hurify network will allow freelance developers or hobbyist to showcase their talent, bridging the gap between the demand and talent.
In Hurify platform the relation between the client and the developer is a direct one, no third party is involved. When a client has a requirement to build an IoT product or solution, they can post the requirement in the Hurify Platform and look for the right developers to create the product or solution with HUR Tokens. All transitionary funds between client and developer will be in a secure blockchain escrow platform. On completion of the assigned project, the payment released to the developer from
these pre-verified funds.
Developers can create their Hurify profile listing their specialization and any certificate they received from completing projects within the platform. When a client is seeking a service, they can broadcast the message in the platform and seek developers to bid. Once a client chooses a developer, then a multi-signature escrow is used to hold the HUR that gets released after completion of the service. The project moves to the completed state upon mutual signatures; funds get released to the developer and certificates are issued to both parties verifying project completion and payment.
For More Details Please Visit https://platform.hurify.co/ or drop mail at contact@hurify.co
For ICO related queries, Visit https://ico.hurify.co
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