Showing posts from November, 2017

Next Internet comes with IoT

The Internet we know is a great space for collaboration, social media and gaming. But when it comes to business or transactions, the power belongs to few big ones. Remember the S3 outage and half of the north-american services where offline? Or the Dny hack which kicked out half of the internet for hours? The next internet could be a blockchain based independent network, using as many protocols as available and there is no one person in control of it and it is run on the Internet.

In a nutshell, Blockchain is a decentralized system in which every transaction gets mathematically approved by the members of the system, therefore every member of that transaction knows about it. The information of the transaction is stored in the distributed servers of the blockchain. That makes manipulations highly impossible, and the transaction is also highly available at every time.

IoT devices are getting more and more intelligent and can now create meshed networks by itself, switching from a sensor in…