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Happy Valentine
From STED
Topic: STED.io ---- Monetize Everything (Read 19360 times)
This New Year may you find peace from within and may you be capable to spread such contentment around you.
Happy Chinese New Year!
Happy Chinese New Year!
Your success and happiness lies in you. Resolve to keep happy, and your joy and you shall form an invincible host against difficulties. – Helen Keller
Here’s wishing you,
A healthy, comfortable,
And prosperous holidays ahead!
Enjoy! Happy Holidays!!
A healthy, comfortable,
And prosperous holidays ahead!
Enjoy! Happy Holidays!!
IoT and Blockchain Tech: The NEED for Speed
The definition of speed has changed through the years.
And to keep up with the ever changing times…. The internet we love and adore is getting assistance, a makeover of sorts. As for any advancement to progress and not become obsolete, it needs to evolve. Internet before connected people and information, but in recent years we have amassed a number of gadgets that we need to connect to 24/7. Like in our homes, before we leave and go to work, travel or run errands, we essentially disconnected from them. A LOT can happen during that time in between. We become disconnected from one “thing” while we move to another.
The definition of speed has changed through the years.
And to keep up with the ever changing times…. The internet we love and adore is getting assistance, a makeover of sorts. As for any advancement to progress and not become obsolete, it needs to evolve. Internet before connected people and information, but in recent years we have amassed a number of gadgets that we need to connect to 24/7. Like in our homes, before we leave and go to work, travel or run errands, we essentially disconnected from them. A LOT can happen during that time in between. We become disconnected from one “thing” while we move to another.
And for the pièce de résistance…. STED
For the block chain technology and IoT to showcase their advantages, advancements and capabilities, it needs a platform a stage so to speak to show off what they can do. This is where STED steps in. STED stands for (Secure and Trusted Exchange of Data) a project dedicated to use SUPA channeling technology blended with Block Chain tech for Internet of Things. Its goal is to create interconnectivity and operability, promote scalability, and advance efficiency so the “things” in the Internet of Things can talk to each other and to enhance an efficient and free monetization of data and service with micropayment capability. To achieve this vision, STED makes use of Block chain technologies, Artificial Intelligence and the communications technology SUPACT, which is compatible with most, if not all, public block chains. STED is Secure and private, Efficient, Economical, Easy, Everywhere and Digitized.
What more can we ask for its just we need for our need for speed. Efficiency is the key to achieving speed, for anything. FACT: we can never slow down time, but efficient use of time will help us achieve that speed we need to keep up with our ever evolving and changing lives.
For the block chain technology and IoT to showcase their advantages, advancements and capabilities, it needs a platform a stage so to speak to show off what they can do. This is where STED steps in. STED stands for (Secure and Trusted Exchange of Data) a project dedicated to use SUPA channeling technology blended with Block Chain tech for Internet of Things. Its goal is to create interconnectivity and operability, promote scalability, and advance efficiency so the “things” in the Internet of Things can talk to each other and to enhance an efficient and free monetization of data and service with micropayment capability. To achieve this vision, STED makes use of Block chain technologies, Artificial Intelligence and the communications technology SUPACT, which is compatible with most, if not all, public block chains. STED is Secure and private, Efficient, Economical, Easy, Everywhere and Digitized.
What more can we ask for its just we need for our need for speed. Efficiency is the key to achieving speed, for anything. FACT: we can never slow down time, but efficient use of time will help us achieve that speed we need to keep up with our ever evolving and changing lives.
IoT …. Blockchain Tech and STED go hand in hand
And for a more effective and interconnected network, much the same as a well-oiled machine, for it to work seamlessly, efficiently and achieve speed, it needs the right components. First….
Before, internet was mainly used to connect information and people, but today there is what we call IoT or the “Internet of things”. Just what exactly does that mean? For the technologically adept it’s simple, but for some it can be a bit nauseous. Does that mean my gadget can now use the internet and go on line by itself? For lack of a simpler explanation, essentially that is what it means. “Stuff” that we would normally call dumb, simply because they are disconnected can now “talk” or “connect“ to each other. The Internet of Things is made up of devices — from simple sensors to our smartphones and wearables like a smart watch– connected together. “IoT gives us an opportunity to be more efficient in how we do things, saving us time, money and often emissions in the process. It allows individuals, companies, businesses even governments and public authorities to re-think how they deliver services and produce goods. The Internet of Things is an important extension of Internet technology, which improves the level of productivity, which has a significant impact on our life experience.
Then there’s ….
Blockchain technology is a kind of distributed ledger technology (DLT) where by a global network of computers jointly manage (as compared to central management by most other database) and keeps the same database that records transactions. In essence, blockchains are managed by all in their networks, and not by central authorities. By allowing digital information to be securely and trustfully distributed, blockchain technology created the backbone of a new type of internet for data storage. Simply put, blockchain works by duplicating or copying data thousands of times and makes it available across a network of computers, and then this network is designed to regularly update or continually reconcile this “data” or information. The blockchain database isn’t kept in any single location, meaning the records it keeps are truly public and easily verifiable. No centralized version of this information exists for a hacker to corrupt. Hosted by millions of computers simultaneously, its data is accessible to the general public on the internet. The main use of block chain lies in the establishment of a decentralized security trust mechanism.
And for a more effective and interconnected network, much the same as a well-oiled machine, for it to work seamlessly, efficiently and achieve speed, it needs the right components. First….
Before, internet was mainly used to connect information and people, but today there is what we call IoT or the “Internet of things”. Just what exactly does that mean? For the technologically adept it’s simple, but for some it can be a bit nauseous. Does that mean my gadget can now use the internet and go on line by itself? For lack of a simpler explanation, essentially that is what it means. “Stuff” that we would normally call dumb, simply because they are disconnected can now “talk” or “connect“ to each other. The Internet of Things is made up of devices — from simple sensors to our smartphones and wearables like a smart watch– connected together. “IoT gives us an opportunity to be more efficient in how we do things, saving us time, money and often emissions in the process. It allows individuals, companies, businesses even governments and public authorities to re-think how they deliver services and produce goods. The Internet of Things is an important extension of Internet technology, which improves the level of productivity, which has a significant impact on our life experience.
Then there’s ….
Blockchain technology is a kind of distributed ledger technology (DLT) where by a global network of computers jointly manage (as compared to central management by most other database) and keeps the same database that records transactions. In essence, blockchains are managed by all in their networks, and not by central authorities. By allowing digital information to be securely and trustfully distributed, blockchain technology created the backbone of a new type of internet for data storage. Simply put, blockchain works by duplicating or copying data thousands of times and makes it available across a network of computers, and then this network is designed to regularly update or continually reconcile this “data” or information. The blockchain database isn’t kept in any single location, meaning the records it keeps are truly public and easily verifiable. No centralized version of this information exists for a hacker to corrupt. Hosted by millions of computers simultaneously, its data is accessible to the general public on the internet. The main use of block chain lies in the establishment of a decentralized security trust mechanism.
IoT and Blockchain Tech: The NEED for Speed
The definition of speed has changed through the years.
And to keep up with the ever changing times…. The internet we love and adore is getting assistance, a makeover of sorts. As for any advancement to progress and not become obsolete, it needs to evolve. Internet before connected people and information, but in recent years we have amassed a number of gadgets that we need to connect to 24/7. Like in our homes, before we leave and go to work, travel or run errands, we essentially disconnected from them. A LOT can happen during that time in between. We become disconnected from one “thing” while we move to another.
The definition of speed has changed through the years.
And to keep up with the ever changing times…. The internet we love and adore is getting assistance, a makeover of sorts. As for any advancement to progress and not become obsolete, it needs to evolve. Internet before connected people and information, but in recent years we have amassed a number of gadgets that we need to connect to 24/7. Like in our homes, before we leave and go to work, travel or run errands, we essentially disconnected from them. A LOT can happen during that time in between. We become disconnected from one “thing” while we move to another.
So what exactly does this mean?
Enter blockchain technology. By definition, blockchain is a type of distributed ledger technology (DLT) whereby a global network of computers jointly manage (as compared to central management by most other database) and keeps the same database that records transactions. By allowing digital information to be securely and trustfully distributed, blockchain tech creates the backbone of a new type of internet.
Iot…. comes to life, with STED backing up the world of IoT, the concern for blockchain tech not being able to take the heat on a larger scale is given hope. New advancements always always meet or have limitations…. This will give it its teeth so to speak to make it more stable and stronger in the end. Eventually with the right set of people understanding and transforming these new advancements it will find its place and operate as needed when needed.
Enter blockchain technology. By definition, blockchain is a type of distributed ledger technology (DLT) whereby a global network of computers jointly manage (as compared to central management by most other database) and keeps the same database that records transactions. By allowing digital information to be securely and trustfully distributed, blockchain tech creates the backbone of a new type of internet.
Iot…. comes to life, with STED backing up the world of IoT, the concern for blockchain tech not being able to take the heat on a larger scale is given hope. New advancements always always meet or have limitations…. This will give it its teeth so to speak to make it more stable and stronger in the end. Eventually with the right set of people understanding and transforming these new advancements it will find its place and operate as needed when needed.
Trifecta of Interconnectivity
The collaboration between IoT (Internet of Things) and blockchain tech can generate immeasurable value, in collecting and exchanging data and services between smart devices….And with the addition of STED into this volatile and exciting mix…. ANYTHING is possible! STED’s core intention ----
to create interconnectivity and operability,
promote scalability
Increase efficiency.
STED’s core technology----
low cost,
rich IoT System,
advance blockchain tech,
transaction security and artificial intelligence
This makes it possible for the Internet of Things to talk to each other and create a free and efficient monetization of data, because, the new implementation would have a micropayment capability.
The collaboration between IoT (Internet of Things) and blockchain tech can generate immeasurable value, in collecting and exchanging data and services between smart devices….And with the addition of STED into this volatile and exciting mix…. ANYTHING is possible! STED’s core intention ----
to create interconnectivity and operability,
promote scalability
Increase efficiency.
STED’s core technology----
low cost,
rich IoT System,
advance blockchain tech,
transaction security and artificial intelligence
This makes it possible for the Internet of Things to talk to each other and create a free and efficient monetization of data, because, the new implementation would have a micropayment capability.
Scaling Blockchain for IoT
The IoT ecosystem is a world all its own. It has its own participants, positive side and of course pitfalls. In a smaller, more controlled environment, like a house, it’s fairly easy to foresee or fix “issues” such as latency, security, speed, volume of information, so to speak. But let’s think big like a whole city, factory, and office building, said “issues” multiply a hundred fold, participants grow in number, inter connectivity and data sharing become complicated …. Right now scalability is a key focus, drawing huge attention from the community. It determines blockchain’s ability to perform and keep up in the real world on a much larger scale. Furthermore, it measures if it will it be as efficient and manageable. With every purchase, the blockchain adds a block to its ladder of transactions, and each one increases with data as it carries the history of the blocks before it. As more end users join the networks and the transaction histories grow, the current system is in danger of buckling and eventually falls apart.
The IoT ecosystem is a world all its own. It has its own participants, positive side and of course pitfalls. In a smaller, more controlled environment, like a house, it’s fairly easy to foresee or fix “issues” such as latency, security, speed, volume of information, so to speak. But let’s think big like a whole city, factory, and office building, said “issues” multiply a hundred fold, participants grow in number, inter connectivity and data sharing become complicated …. Right now scalability is a key focus, drawing huge attention from the community. It determines blockchain’s ability to perform and keep up in the real world on a much larger scale. Furthermore, it measures if it will it be as efficient and manageable. With every purchase, the blockchain adds a block to its ladder of transactions, and each one increases with data as it carries the history of the blocks before it. As more end users join the networks and the transaction histories grow, the current system is in danger of buckling and eventually falls apart.
Scalability means to easily make something larger or more powerful.
“Scalability is the capability of a system, network, or process to handle a growing amount of work, or its potential to be enlarged to accommodate that growth. For example, a system is considered scalable if it is capable of increasing its total output under an increased load when resources are added – Wikipedia “ A buzz is swirling around, not just in the tech community, that blockchain unleashed into the very real and intricate world of IoT , may mean a whole new set of “ stumbling blocks” ( pun intended) to develop and fail to deliver. In reality as the blocks grow and transaction data pile up the current system may begin to strain under its own weight. Response time, limitations, data size and the cost will eventually grow or lessen along the way. Each transaction that can record will require P2P verification, with the bigger number of blocks involved it can become time-consuming. As more users incur more transactions, verification is longer, waiting time increase sharply.
“Scalability is the capability of a system, network, or process to handle a growing amount of work, or its potential to be enlarged to accommodate that growth. For example, a system is considered scalable if it is capable of increasing its total output under an increased load when resources are added – Wikipedia “ A buzz is swirling around, not just in the tech community, that blockchain unleashed into the very real and intricate world of IoT , may mean a whole new set of “ stumbling blocks” ( pun intended) to develop and fail to deliver. In reality as the blocks grow and transaction data pile up the current system may begin to strain under its own weight. Response time, limitations, data size and the cost will eventually grow or lessen along the way. Each transaction that can record will require P2P verification, with the bigger number of blocks involved it can become time-consuming. As more users incur more transactions, verification is longer, waiting time increase sharply.
The world of IoT: TOO hot to handle for Blockchain Tech?
Iot or the internet of things will often be considered and studied as a complex system due to the huge number of different links, interactions between autonomous participants, and its capacity to integrate new participants. Looking at the large picture, it will likely be seen as a chaotic environment. As a practical approach, not all elements in the Internet of things run in a global, public space. Subsystems are implemented to mitigate the risks of privacy, control and reliability so to insure it will only share data within and be available via a local network.
Iot or the internet of things will often be considered and studied as a complex system due to the huge number of different links, interactions between autonomous participants, and its capacity to integrate new participants. Looking at the large picture, it will likely be seen as a chaotic environment. As a practical approach, not all elements in the Internet of things run in a global, public space. Subsystems are implemented to mitigate the risks of privacy, control and reliability so to insure it will only share data within and be available via a local network.
"What are these “Things?”
We call it the Internet of Things (IoT) and it is the network of physical devices, vehicles, home appliances, light bulbs, air-conditioning or cameras, and other items embedded with electronics, software, sensors, actuators, and connectivity which enables these things to connect, collate and exchange data. IoT involves extending Internet connectivity beyond standard devices, such as desktops, laptops, smart phones and tablets, to any range of traditionally dumb or non- internet-enabled physical devices and everyday objects. Embedded with technology, these devices can communicate and interact over the Internet, and they can be remotely monitored and controlled. The definition of the Internet of things has evolved due to the convergence of multiple technologies, real- time analytics, machine learning, commodity sensors, and embedded systems. Even traditional fields of embedded systems, wireless sensor networks, control systems, automation (such as home and building automation), and others all contribute that make the Internet of things possible. The internet was the first step to our digital evolution. When we first realized that with the discovery of electricity and the invention of the telephone, gave the transmission of information from one place or person to another a whole new meaning. It was a big step up but we never looked back, more advancement came. And with it came an avalanche of information, it became harder to keep track of everything. We needed a way to keep up with it, then someone observant enough thought of a way to put ALL of that wealth of information in one place where everybody can access and use it, Came the dawn of the WEB, It served its purpose for the time being ---- connect people and information. But now our generation dictates the need to connect not just to people but things as well, things (IoT) that are very much a part of us that make our lives today up and running. We cannot deny that we are at the brink of a new digital age, let us embrace it today! And let STED lead the way."
We call it the Internet of Things (IoT) and it is the network of physical devices, vehicles, home appliances, light bulbs, air-conditioning or cameras, and other items embedded with electronics, software, sensors, actuators, and connectivity which enables these things to connect, collate and exchange data. IoT involves extending Internet connectivity beyond standard devices, such as desktops, laptops, smart phones and tablets, to any range of traditionally dumb or non- internet-enabled physical devices and everyday objects. Embedded with technology, these devices can communicate and interact over the Internet, and they can be remotely monitored and controlled. The definition of the Internet of things has evolved due to the convergence of multiple technologies, real- time analytics, machine learning, commodity sensors, and embedded systems. Even traditional fields of embedded systems, wireless sensor networks, control systems, automation (such as home and building automation), and others all contribute that make the Internet of things possible. The internet was the first step to our digital evolution. When we first realized that with the discovery of electricity and the invention of the telephone, gave the transmission of information from one place or person to another a whole new meaning. It was a big step up but we never looked back, more advancement came. And with it came an avalanche of information, it became harder to keep track of everything. We needed a way to keep up with it, then someone observant enough thought of a way to put ALL of that wealth of information in one place where everybody can access and use it, Came the dawn of the WEB, It served its purpose for the time being ---- connect people and information. But now our generation dictates the need to connect not just to people but things as well, things (IoT) that are very much a part of us that make our lives today up and running. We cannot deny that we are at the brink of a new digital age, let us embrace it today! And let STED lead the way."
But is STED for everyone?
Let’s take a smart city (which can become a reality sooner than we think). Everybody can use SUPACT SDK to create an APP for devices/sensors, provided that the service is on STED.io Smart City platform. With the secure, trust and micro-payment capabilities of SUPACT over most chains, any citizen becomes willing to provide their own available resource; as such services will be paid once used. Smart city will then become a shared economy. Because any citizen who has a power meter at home can sell power consumption data to the electricity company. Anyone can sell any data to anyone.
For the health conscious, perhaps? Fitness trackers fitted with SUPACT inside will not only track your health data but can also send data directly and securely to your personal trainer, instructor, doctor and others as you choose. Such data may then be exchanged with some reward say from insurance company, or your doctor and personal trainer will give you professional advice as they are assured that payment will be made once service is provided. All of these shared economies are achievable through the secure, trusted and micro-payment capabilities of SUPACT. There will be fewer excuses for on time provision of services or information. And when it comes to health and safety every second counts! Time efficiency at its best
Let’s take a smart city (which can become a reality sooner than we think). Everybody can use SUPACT SDK to create an APP for devices/sensors, provided that the service is on STED.io Smart City platform. With the secure, trust and micro-payment capabilities of SUPACT over most chains, any citizen becomes willing to provide their own available resource; as such services will be paid once used. Smart city will then become a shared economy. Because any citizen who has a power meter at home can sell power consumption data to the electricity company. Anyone can sell any data to anyone.
For the health conscious, perhaps? Fitness trackers fitted with SUPACT inside will not only track your health data but can also send data directly and securely to your personal trainer, instructor, doctor and others as you choose. Such data may then be exchanged with some reward say from insurance company, or your doctor and personal trainer will give you professional advice as they are assured that payment will be made once service is provided. All of these shared economies are achievable through the secure, trusted and micro-payment capabilities of SUPACT. There will be fewer excuses for on time provision of services or information. And when it comes to health and safety every second counts! Time efficiency at its best
STED’s main features:
● Security & Privacy: encrypted secure tunnel for all transactions
● Efficiency: process millions of transactions per second
● Economy: almost zero-fee transactions
● Ease: It is possible to program it and send over the air transactions
● Everywhere: global service listing, access and transaction
● Digitization: Assets are digitized into data and services with value
● Security & Privacy: encrypted secure tunnel for all transactions
● Efficiency: process millions of transactions per second
● Economy: almost zero-fee transactions
● Ease: It is possible to program it and send over the air transactions
● Everywhere: global service listing, access and transaction
● Digitization: Assets are digitized into data and services with value
"STED….
is the platform that lets blockchain technology, “show off “what it’s really about? As earlier mentioned, there are currently 10 billion smart devices that are connected to the internet. Using blockchain technology and Internet of Things (IoT) it is possible to generate unfathomable value. Everything is upossible by collecting and exchanging data and services between smart devices. The main intention behind STED is to create interconnectivity and operability, promote scalability and increase efficiency. In this way, it is possible for the Internet of Things to talk to each other and create a free and efficient monetization of data.Additionally, the new implementation would have a micropayment capability."
is the platform that lets blockchain technology, “show off “what it’s really about? As earlier mentioned, there are currently 10 billion smart devices that are connected to the internet. Using blockchain technology and Internet of Things (IoT) it is possible to generate unfathomable value. Everything is upossible by collecting and exchanging data and services between smart devices. The main intention behind STED is to create interconnectivity and operability, promote scalability and increase efficiency. In this way, it is possible for the Internet of Things to talk to each other and create a free and efficient monetization of data.Additionally, the new implementation would have a micropayment capability."
That’s where STED (along with blockchain technology) comes in….
“Blockchain” is the technology used to make STED and its capabilities possible. Blockchain defined is actually the structure of data that represents a record of a transaction, sort of a virtual financial ledger. Every transaction is digitally signed to ensure its authenticity and that no one tampers with it, so the ledger itself and the existing transactions or information within it are assumed to be of high integrity.A blockchain, (as the name suggests) is a growing, interconnected list of records, called blocks, which are linked using cryptography. And each block contains a cryptographic hash( a digital finger print so to speak ) of the previous block, a timestamp, and transaction data (generally represented as a merkle tree root hash). For all intents and purposes, the blockchain design is resistant to modification of the data.
“Blockchain” is the technology used to make STED and its capabilities possible. Blockchain defined is actually the structure of data that represents a record of a transaction, sort of a virtual financial ledger. Every transaction is digitally signed to ensure its authenticity and that no one tampers with it, so the ledger itself and the existing transactions or information within it are assumed to be of high integrity.A blockchain, (as the name suggests) is a growing, interconnected list of records, called blocks, which are linked using cryptography. And each block contains a cryptographic hash( a digital finger print so to speak ) of the previous block, a timestamp, and transaction data (generally represented as a merkle tree root hash). For all intents and purposes, the blockchain design is resistant to modification of the data.
But why was STED created? Do we really need It?
All innovators, shakers and movers, observe, learn and then act. They make things better. And this time what we need is to keep up with all our data….It all began with…. The WEB and the internet.
This is what we have and use widely today. The WEB by definition and how it came to be, well…. The World Wide Web (WWW), also called the Web, is an information space where documents and other web resources are identified by Uniform Resource Locators (URLs), interlinked by hypertext links, and accessible via the Internet.
BUT just like any advancement, in time it needs a rehash, a better version of itself so to speak. Or else it becomes obsolete. The number and demographics of users and followers have grown tremendously, and their needs and demands have grown as well. Our today far busier and faster than it was a few years back. From browsing, watching videos, movies, and social media like instagram, facebook, twitter to name a few.
We have now shifted most, if not all parts of our lives “online”. We shop, order, connect or disconnect with people, we do bank transactions, we learn, we even work and have fun online. I know some say we had turned into a generation dependent on our devices and the internet. But if we really think about it, it’s just our way of coping or “evolving “with everything going on. What we are most conscious of right now is…. efficient use of our time. We want to accomplish so much we are constantly asking for MORE time. And with our increasing activities, we are scrambling for a way to keep track of everything in real time which in turn will give us efficiency."
All innovators, shakers and movers, observe, learn and then act. They make things better. And this time what we need is to keep up with all our data….It all began with…. The WEB and the internet.
This is what we have and use widely today. The WEB by definition and how it came to be, well…. The World Wide Web (WWW), also called the Web, is an information space where documents and other web resources are identified by Uniform Resource Locators (URLs), interlinked by hypertext links, and accessible via the Internet.
BUT just like any advancement, in time it needs a rehash, a better version of itself so to speak. Or else it becomes obsolete. The number and demographics of users and followers have grown tremendously, and their needs and demands have grown as well. Our today far busier and faster than it was a few years back. From browsing, watching videos, movies, and social media like instagram, facebook, twitter to name a few.
We have now shifted most, if not all parts of our lives “online”. We shop, order, connect or disconnect with people, we do bank transactions, we learn, we even work and have fun online. I know some say we had turned into a generation dependent on our devices and the internet. But if we really think about it, it’s just our way of coping or “evolving “with everything going on. What we are most conscious of right now is…. efficient use of our time. We want to accomplish so much we are constantly asking for MORE time. And with our increasing activities, we are scrambling for a way to keep track of everything in real time which in turn will give us efficiency."
STED -- literally stands for Secure and Trusted Exchange of Data.
Today there are10 billion smart devices, give or take, that are connected to the internet. With our constant need to upgrade, by 2025 this number could increase and receive 45 billion devices more. But with the emergence of blockchain technology and Internet of Things, it is possible to generate immeasurable value. Anything is possible by collecting and exchanging data and services between smart devices. With the core intention behind STED ---- to create interconnectivity and operability, promote scalability and increase efficiency. This makes it possible for the Internet of Things to talk to each other and create a free and efficient monetization of data, because, the new implementation would have a micropayment capability.
Today there are10 billion smart devices, give or take, that are connected to the internet. With our constant need to upgrade, by 2025 this number could increase and receive 45 billion devices more. But with the emergence of blockchain technology and Internet of Things, it is possible to generate immeasurable value. Anything is possible by collecting and exchanging data and services between smart devices. With the core intention behind STED ---- to create interconnectivity and operability, promote scalability and increase efficiency. This makes it possible for the Internet of Things to talk to each other and create a free and efficient monetization of data, because, the new implementation would have a micropayment capability.
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