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Topic: [ANN] [XTC] TileCoin| IoT (Internet of Things) bitcoin blockchain - ĐApp - page 96. (Read 286457 times)

newbie
Activity: 24
Merit: 0
WTB  2000000 @ 0.000006 BTC ,   PM me ASAP.

Are you kidding the guys in this community?



You guys should sell at 0.001 btc  Grin 


WTS 35427.1586 @ 0.001 = ( 35.42715 BTC )with escrow only.
Selling Bter account with 1860k CKC and 0.045860 BTC.
legendary
Activity: 1098
Merit: 1000
Angel investor.
WTB  2000000 @ 0.000006 BTC ,   PM me ASAP.

Are you kidding the guys in this community?
legendary
Activity: 1098
Merit: 1000
Angel investor.
full member
Activity: 266
Merit: 100
The Premier Digital Asset Management Ecosystem

WTS 35427.1586 @ 0.001 = ( 35.42715 BTC )with escrow only.
Selling Bter account with 1860k CKC and 0.045860 BTC.
legendary
Activity: 1148
Merit: 1000
Hello everyone,
I realize people want to buy/sell. Please use a trusted Escrow service for any Buy/Sells.
I want to explain why we selected Java/JavaScript, etc... for the architecture, etc...
It is a very portable language and the architecture has been around for a while.
Our main focus is a local SPV decentralized wallet which will be the base for many platforms.
Decentralized trading/acquisitions will also be a focus to add value to the network.

Our local wallet will be easily extendible to IoT (Internet if Things) devices that also communicate via radio/wifi.
We look forward to illustrating the roadmap that will extend the functionality of the most secure blockchain in the world without bloating it, bitcoin.

We hope that most people understand the future vision of where we are going.
We will be the first crypto-token that enables IoT devices to accept micro-payments denominated in bitcoin.
We have only just begun.

Regards,
ASIC-8Tile



This will be huge man:

check this: 1 http://www.coindesk.com/ibm-executive-block-chain-internet-of-things/

2 https://gigaom.com/2014/09/09/check-out-ibms-proposal-for-an-internet-of-things-architecture-using-bitcoins-block-chain-tech/

IBM Executive Highlights Block Chain’s Utility for Internet of Things

Precisely what the so-called “Internet of Things” will look like five or ten years from now is difficult to say, but it’s not out of the question that a block chain may be behind some of the next-generation technologies that companies like IBM are developing in order to build what may also be called the connected economy.

Regardless of the phrase or buzzword, the concept envisions a world in which all devices, places and people are interconnected networks, sharing data and information at lightning speeds among one another. Mobile devices, smart appliances, vehicles, even homes – the Internet of Things may come to be known as the Internet of everything in certain areas of the world decades from now.

How does the block chain – the underlying distributed ledger of the Bitcoin protocol – fit into the Internet of Things? Some see the block chain acting as the spine for a distributed network of devices, with each device acting as a miner of sorts to transmit data between all the points on the network. For IBM, which is developing its a proof-of-concept called Adept, the block chain holds the key to creating a feasible and functioning distributed network.

Paul Brody, IBM vice president and North American leader for mobile and Internet of Things, told CoinDesk in a new interview that there are companies and organizations all over the world that have a real need to be able to connect devices or appliances in order to gather data. He gave an example of a health organization that used sensors placed on faucets to track hand washing rates in order to develop future policies.

Yet the cost of maintaining this type of framework makes it expensive and impractical for broad deployment. Brody said that IBM began to look at other solutions that were both more cost-effective and secure. He cited security as a necessity, given the risks associated with large-scale central data control, particularly if that information is sensitive or financial-related.

Brody told CoinDesk:

“When we looked at those requirements and started talking to people and researching and looking at the marketplace, we saw the block chain as this potentially really powerful solution to this business problem.”

Distributed future

The quest to create a distributed network of devices capable of communicating with each other reliably is decades old. The Byzantine generals problem, in which a spread-out army is unable to trust its corp of separate generals given the risk of sabotage, lies at the heart of why, for many years, computing has operated around centralized structures.

Brody said the block chain solves these problems by creating an environment in which only a majority (rather than all) of the nodes have to be trusted. He predicted that its ability to create large, low-cost networks will make the block chain in high demand as a technology backbone.

“I think that demand for the block chain technology, the programmable ledger, autonomous distributed systems is going to be colossal,” he said.

Self-regulation and maintenance is another big draw of the block chain from IBM’s perspective. Brody said the block chain can eliminate nearly all the costs of running a centralized device network structure:

“As devices become smarter and smarter, why shouldn’t they be able to manage themselves? The block chain allows you to run a totally distributed platform. And by our calculation, if you use the block chain, you can cut the cost of managing a high volume device network by 99%.”

Brody said that the secretive block chain project IBM is working on with Samsung is affording the two companies a deep look into exactly how this technology might work in a real-world setting. He declined to give further details, but told CoinDesk that the goal remains to have a demonstrable proof-of-concept sometime next year.

Welcome to the block chain house

Brody said that it’s too early to say what the practical characteristics a block chain-powered network of devices might have, but he did give a glimpse into some of the conceptual ideas IBM is playing with.

He said that smart contracts or programmed transactions could be used to interact with home appliances or even to enter the residence in the first place. A smart watch may contain smart contract triggers that detect a beacon placed in the doorway that triggers the latch and opens it once the micro transaction from the watch is received on the home’s block chain.

Brody explained:

“My smartwatch has to have a transaction contract with my door to unlock it. That transaction has to be broadcast in the block chain so that all the devices in my block chain, that I own, recognize me and allow my watch to unlock any doors.”

One problem, he continued, lies in the speed of transactions. A homeowner wouldn’t want to wait five minutes in order to unlock their door or turn on a light every time they come and go. Brody said that one solution IBM could use involves programming a home’s “family of devices” to remember the source of a smart contract.

Making the Internet smarter

Brody said repeatedly that the goal is to build a smarter network of devices that are capable of sharing energy and bandwidth, making decisions and squeezing every ounce of efficiency out of themselves during operation.

He explained:

“Transaction processing is the foundational workload of all modern computing. Tweets, likes, airline reservations, utility bills — they’re all transactions. On the block foundation level, we can do more than just infrastructure, we can write applications.”

From there, one can create autonomous systems that operate in tandem, capable of making collective decisions based on an operational need. Using a washing machine as an example, he said that smart appliances can receive data from an outside source and adjust their power consumption or change their settings in order to be more efficient.

Brody added that it’s feasible that hundreds of billions of devices could one day be connected on a single block chain or network of block chains, all of which communicate with each other via automated transactions. He envisioned an ecosystem of both centralized and decentralized systems based on security needs, but ultimately, pushing automated system intelligence to new heights.

newbie
Activity: 24
Merit: 0
WTB  2000000 @ 0.000006 BTC ,   PM me ASAP.
hero member
Activity: 672
Merit: 500
Buying at ICO price only. Sorry my earlier typo.

PM if interested

Are you kidding?!

I know right, gtfo
legendary
Activity: 2590
Merit: 1089
newbie
Activity: 3
Merit: 0
You can now trade your TileCoin[XTC] here on the OTC.

Happy Trading!
hero member
Activity: 602
Merit: 500
Buying at ICO price only. Sorry my earlier typo.

PM if interested

Are you kidding?!
legendary
Activity: 1498
Merit: 1000
Buying at ICO price only. Sorry my earlier typo.

PM if interested
member
Activity: 70
Merit: 10
ICOForums.net - A Cryptocurrency & ICO Forum
wtb. pm with your price and amount.
hero member
Activity: 605
Merit: 500
I think we should open a thread for trading XTC with escrow service until the wallet is released.
Just like was for QORA.

That is a great idea.

+1
+2
legendary
Activity: 1098
Merit: 1000
Angel investor.
buy 100k XTC @ 1200 sat.    pm me.

I don't think anybody will sell their coin at this low price.
legendary
Activity: 2590
Merit: 1089
I think we should open a thread for trading XTC with escrow service until the wallet is released.
Just like was for QORA.

That is a great idea.

+1
member
Activity: 64
Merit: 10
I think we should open a thread for trading XTC with escrow service until the wallet is released.
Just like was for QORA.

That is a great idea.
sr. member
Activity: 266
Merit: 250
At the start of trading that day Bter?
newbie
Activity: 55
Merit: 0
buy 100k XTC @ 1200 sat.    pm me.
full member
Activity: 826
Merit: 102
sell a few. if u wtb pm me with your price.
full member
Activity: 266
Merit: 100
The Premier Digital Asset Management Ecosystem
@all dumpers and stockholders, market price is expected value, don't sell your coin under 10K, then everyone will make a good profit, if everyone dumps the coins, it will be under ICO price soon, then everyone will lose, this is how the market works.

That's why i'm not going to sell lower than 20k Smiley
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