IOTW – an ecosystem for the Internet of Things

IoT is a connection of any automatic device (except computers and smartphones) to the internet. The devices such as some cars, kitchen household equipment, industrial equipment and household appliances can be monitored and controlled distantly, they can store and exchange the information received from build-in services. It is clear this field together with smart home technology will develop more and more day by day. Here is a project of a decentralized platform that will let us purchase IOT, obtain after-sale service and meet the other needs relating to IoT.


What is IOTW?

IOTW is a project of blockchain technology incorporation into IoT devices. The ecosystem of IOTW will include mining by IoTs and transactions of IOTW coins. The mining will be based on the Proof of Assignment protocol which needs less processing power. Open software development kit (SDK) of blockchain will let any smart device connected to internet load the application and join IOTW and perform micro-mining. Invented DPS (digital power systems) chips are cheaper, more efficient and programmable, they will allow converting household appliances and industrial equipment into IoT devices and improve the traditional power system.

The Ecosystem of IOTW

IOTW will include blockchain ledger and trusted nodes that will record and manage the information from IoT devices, the online marketplace, data analysis, machine to machine matching and Artificial Intelligence.

IOTW coins use:

  • Payment for services of service providers at IOTW platform (the maintenance etc)
  • Payment for goods (at online direct e-market and outlet mall of IoT, spare details, disposable parts etc)
  • Payment for big data collected through blockchain network (collective customer behaviour etc. and NOT personal data)
  • Rewards for micro-mining by IoT devices

IOTW tokens Distribution Details

⇨ Ticker symbol: IOTW
⇨ Total supply: 5,000,000,000 IOTW
⇨ Hard Cap $45,000,000 or 100,000 ETH
⇨ Token Price 1 ETH = 5,000 IOTW
⇨ Presale Bonus: 30-25% depending on the day of sale
⇨ Public Sale Bonus: 20-0% depending on the day of sale
⇨ Restricted area: USA, Canada, China
Note: Unsold tokens will be burned
                                   Roadmap
February 2018
IOTW embedded DPS Chips for white goods and IOTW computing platforms minimum feasible and running product
Mar 2018
IOTW blockchain and pre-production mining software
ICO 3Q 2018
ICO + 6 months
Release Blockchain into production
The end customer platform runs
ICO + 12 months
Remove the simplified version of large data collection, AI software to send precise requests from IOT devices (eg AC) to service providers and spare parts
Release IOTW Open SDK for embedded software developers to develop IOTW platforms and IOT mining devices
Unblock IOTW code to upload firmware to existing IOT devices like smart TV
ICO + 18 months
Disconnect hardware and software using AI techniques to study human behavior to optimize human equipment service capability and reduce electricity bills
Release DPS Chips early to trigger the rapid adaptation of the IOTW blockchain network on white goods
The open source IOTW outlet software outlet so manufacturers can create their own internet outlet stores and service providers’ stores
ICO + 24 bln
Search engine releases AI engine and software are more powerful to drive heavy adaptation.

For more information, please visit links below :
WEBSITE · WHITEPAPER · TELEGRAM · ANN

Author: Erikay
My Ethereum wallet address: 0xB177748A8E128157a9f54cc562Ff580E24524B78



Comments

Post a Comment

Popular posts from this blog

BlokBiz ICO platform overview

Image
BlokBiz is a platform for inverse conversion in the cryptographic currency segment.  The objective is to create a platform in which all registered ICOs are carefully studied by our team using methods of compliance and anti-money laundering that are coordinated worldwide.  Only the companies that can appear on our platform fully comply with the previous procedures.  Investors can consult our ICO investment platform, knowing that each company is carefully reviewed and evaluated. Blockbiz also sends an amount financed by the company in installments, based on its budget plan and progress on the project.  If the project is not continued, the amount to be financed will be sent to the investor.  Our tools to achieve this goal are 24-hour customer service, professionalism, strict policies, helpful attitude and project managers specifically for registered ICOs to maximize control and improve productivity. We issue our own badges (XBZ) for several reasons.  Whi...
Read more

Safemoon Cash - Cryptocurrency on the BEP-20 Network

Image
  What is Safemoon Cash $ SMC project?    In short, Safemoon Cash is a robust community driven waiver project that will only bring Safemoon rivalry with a positive vibe.  Bitcoin Cash reached ATH 0.25 Bitcoin.  Our first goal is for Safemoon Cash to reach 25% of Safemoon's maximum market cap.  We are determined and determined to achieve this.  And we are serious: We believe that our token economy is superior and therefore our community. Project Overview 00:00 00:00 Safemoon Cash is 100% community backed.  There is no development and marketing fund.  When needed, the community comes together to raise funds.  We have an incredibly dedicated community, all of which are multi-skilled.  Our core team is comprised of tech enthusiasts, graphic designers, software fanatics, and cryptocurrency marketing professionals. Coin creation    Safemoon Cash was launched by members of the BSC community at the end of April 2021 after Safemoon...
Read more

UNDELETE.NEWS

Image
Hi peeps, as we all know that the internet is an enormous base of information where we can do anything. Internet has connected the entire world And at the Same time the Cryptocurrency world is increasing day by day and so many people businesses and companies have improved by investing in Crptocurrency.as an crypto investors it is required of you to know the current and genuine project. And that is the reason I will be expantiating on this great project UNDELETE.NEWS a news aggregator whose goal is to make Internet media and celebrities more responsible for what they publish. It saves a copy of everything they do, and puts everything they edit or delete in the spotlight. Every UNDELETE.NEWS user can track all or famous social networks, even if they are not on our website. Follow the link to add someone to the list of people you track, and see what they publish, edit or delete. UNDELETE.NEWS a news aggregator whose objective is to make Internet media and big names more in charge o...
Read more