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



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