The Internet of Things is a network of physical objects – vehicles, machines, home appliances, and more – that use sensors and APIs to connect and exchange data over the Internet.
What makes the IoT possible?
The IoT depends on a whole host of technologies – such as application programming interfaces (APIs) that connect devices to the Internet. Other key IoT technologies are Big Data management tools, predictive analytics, AI and machine learning, the cloud, and radio-frequency identification (RFID).
IoT platforms and architecture
Cloud-based IoT platforms and architecture connect the real and virtual worlds. They help companies manage IoT device connectivity and security – as well as collect device data, link devices to backend systems, ensure IoT interoperability, and build and run IoT applications.
Harnessing the IoT data explosion
Smart devices generate a massive amount of IoT data that needs to be analysed and leveraged in real time. This is where predictive and Big Data analytics come into play. Machine learning is also used to add context to data – and trigger actions without human intervention.
The Industrial Internet of Things (IIoT) & M2M
In manufacturing, the IoT becomes the Industrial Internet of Things (IIoT) – also known as the Industrial Internet or Industry 4.0. The IIoT uses machine to machine (M2M) technology to support everything from remote monitoring and telemetry to predictive maintenance.
Introducing SKYNET – World’s First Blockchain IoT Chip
Skynet is the platform to produce the IoT Blockchain Network with the world’s first blockchain chip and high scalability feature and to organize the data obtained from these on its own network.
Basically Skynet will use the blockchain chip, which has billions of free licenses it produces, on devices worldwide. This will connect the devices to their own blockchain network. Thus, the billions of interactions generated by the installed end-to-end system and the Skynet Core processors will be collected on the Skynet Network.
The Skynet project is supported by the Singapore-based OpenSingularity Foundation, which is not profit-oriented and conducts scientific research on the “Smart Machinery Economy.” The foundation’s vision is to create a model in which devices can learn, transfer knowledge and communicate with others without human intervention and control. They are aiming to be the first blockchain core processor and network to serve it.
SKYNET COMPONENTS
1. Skynet Core
At the heart of Skynet is Skynet Core, a purpose-built chip that implements a system-on-a-chip (SoC) The chip uses a 32-bit or 64-bit RISC-V core, depending on the version chosen and contains patent-pending technology to provide the following blockchain specific components:
• Hardware cryptocurrency wallet
• Hash Acceleration
• Automated Transaction Signing
Thus, the Skynet Core blockchain hardware will enable the devices to support unstructured information processing, IOT, application development, and blockchain network availability. With both hardware and network support, billions of Skynet Core IOT devices can be installed and connected to the Skynet Network.
2. Skynet Open Network (SON)
Using a blockchain layer for IoT device interaction has several advantages. First of all, devices are always clearly identified and the integrity of the data they interchange can always be verified. In addition, devices can build a reputation based on past transactions. Devices may distribute loads and share data and use M2M micro-payments to be rewarded for their services.
To facilitate this global blockchain-backed network of connected devices, Skynet provides a highly scalable blockchain network called the Skynet Open Network (SON). SON implements a multi-chain approach, which combines multiple blockchains integrated via a root blockchain.
3. SON Fabric
The SON Fabric will serve as a kind of root chain of the Skynet Open Network and serve as a bridge between the block chains to be created on the platform. Countless IoT chains can be created independently on the SON Fabric. Bitcoin and Ethereum-like chains can be installed with the software kit.
There will be two different token models on the platform. The Skynet Token token will be used primarily to determine whether to vote, approve, and verify on the Skynet Open Network and SON Fabric. Light Tokens will be used to pay transfer fees and block rewards. So in summary Skynet token’s aim is to win Light token.
WHAT CAN BE DONE WITH SKYNET?
When all the devices in a city are supported by Skynet Core, they can communicate with each other by connecting to the Skynet Network with different subchannels, and the information can be evaluated on the same network.
Smartphones will turn into a blockchain phone by connecting Skynet Core, and thanks to the integrated wallet, this phone will store crypto money and confirm transfers.
By integrating artificial intelligence-based crypto-wallets into wearable devices, it will enable autonomous authentication and secure signing of transfers.
Secure IP cameras can detect abnormal conditions and alert all devices and systems on the blockchain.
Robots can develop themselves by learning from other robots connected to the same network.
Vehicles with Skynet Core support will pay for charging and parking, and will also generate revenue for the information they share.
TOKEN ECONOMY
A total of 1,000,000,000,000 SON Tokens are available. 1 SON token will be sold as $ 0,00035. Softcap for $ 3 million and hardcap for $ 38 million. Here you can find the dates to be set for token sales in the ICO process. The countdown for pre-sale is ongoing.
TEAM
The project team is based at the OpenSingularity Foundation and consists of experts working at big institutions such as the University of California, Massachusetts Institute of Technology, and the University of Colombia in the field of artificial intelligence, blockchain and IOT technologies. In other words, it is a project which is definitely going to take place in the technological and scientific sense. You can already see the traces of this career on each line of the whitepaper.
CONCLUSION
The future of an intelligent network of machines might not look like in The Terminator but has never been closer to being accomplished. The SKYNET project is proceeding with sure steps towards achieving this. Finally, on the 16th July, the Skynet Open Network announced that the Samsung board of directors has joined the blockchain assisted neutral network. This news takes the already prominent roster of people associated with the company to new levels.
If you want to take part in this project that will build the future, do not be late! Please visit the links below.
Website :
https://skynet.co Whitepaper :
https://skynet.co/img/lightpaper.pdf Reddit :
https://www.reddit.com/r/SkynetProject Twitter :
https://twitter.com/OpenSingularity Telegram :
https://t.me/SkynetOpenNetwork Facebook :
https://www.facebook.com/OpenSingularity Btt ANN :
https://bitcointalk.org/index.php?topic=4641725 Linkedin :
https://www.linkedin.com/company/opensingularity-foundation Medium :
https://medium.com/skynetprojectBitcointalk profile:
https://bitcointalk.org/index.php?action=profile;u=1048360
Topic: SKYNET – World’s First Blockchain IoT Chip (Read 136 times)