about the video: Hello everyone, welcome to tilepay, I'd like to give a little update from the home office. I'm on the raspberry pi with the actual IOT devices hooked up so we can get the data and put it on the data marketplace, so different people or different companies can purchase the different types of data they need to analyze certain business verticals.
45 SECONDS:So here we have the wallet and the tilepay wallet, which is a crypto tool platform, we're building it specifically for decentralized payments for IOT devices or different types of assets, but we're specifically focusing on IOT right now. So we're just logging into the actual IOT wallet and we're going to create an actual and authenticate and publish the device on the blockchain to prove that it's our device, or censor, that we have associated to the bitcoin address, so we can receive micropayments.
1:35 SECONDS:SO RIGHT now we have a wallet here, and when we talk about market and assets, we can create an actual network of these censors, and identify a quantity of these censors we have available. With a specific data, divisibility is usually used for rewards or different types of tokens or different types of cryptocurrencies at the moment, so we put the divisibility in there. We have an actual password so we can create the asset. In this case we're going to create an IOT device, we're just creating a very simple use case. I'm going to create a very simple weather station here in the home office. I'm going to identify the actual device here locally and go and read what that information is. What this means is I'm going to gather all the serial numbers so i can identify that i'm the owner of this asset. So because this device is local, i'll be able to prove i own this via the blockchain. so what we've done is created the IOT weatherstation home, and we have identified it with a BTC address, it could be a different blockchain, sidechain, whatever, whoever is the fastest to implement the new technology we've heard so much about. I'm about to look at the device list, it's only limited to devices that are actually registered on the blockchain.
You can see we just created this one, we've identified that this is an address that we've assigned and we have the private key to this address and the transaction is now found on the blockchain, so if we click on the transaction, you can see it has actually been submitted to the blockchain. The most important part is that you don't have to confirm and register in seconds, what we need to do is accept payments, micropayments or big payments, there might be a subscription model involved. To be able to identify and sell the data that's available on this censor in a global data marketplace.This is just an example to show you the functionality of the actual wallet and the different IOT devices that we have an IP and transactions we created. This is just a preview to show you where we're at, the micropayments and the marketplace is the next step. Hope you all have a great weekend on this Friday the 13th, have a great weekend!
also some articles about tilecoin:
http://bite01.com/category/tilecoin