IoT and blockchain partnership promises next-gen fusion technologies

April 06, 2020 //By Rich Pell
IoT and blockchain partnership promises next-gen fusion technologies
Wireless IoT start-up Conectric Networks and artificial intelligence (AI) and IoT smart systems company Black Buffalo, a member of the Hyundai BS&C family of companies, have announced that they have entered into a strategic agreement to collaborate on delivering next-gen IoT blockchain fusion technologies.

Conectric Networks provides real-time wireless mesh technology enabling billions of battery powered sensors, devices, software and AI to communicate autonomously, while Black Buffalo's main offering includes blockchain enabled smart systems for IoT product manufacturers. Their IoT and blockchain-enabled global partnership, say the companies, will deliver next-gen IoT blockchain fusion technologies including the following:

  • Securing massive real-time IoT sensor data with "smart contracts" in public-private hybrid blockchain software
  • Providing middleware solutions over blockchain to integrate IoT sensor data, operational systems and analytics platforms for defense, telecom, building operators, industrial factories and ESG reporting
  • Integrating smart city applications using blockchain across municipal boundaries and disparate operational and data management vendors

"This solution will completely change the IoT security paradox by providing a simple and practical solution for keeping business and enterprise IoT data secure," says Conectric CEO, Phillip Kopp. "Additionally, we see a great application for the blockchain as middleware, enabling interoperability between smart city platforms and even cloud providers."

"This will finally allow different municipal governments to communicate data across a standardized layer and provides citizens with seamless benefits from one block to another," says Kopp. "We have multiple pilots planned for 2020 and expect this will be available to channels before next year, finally solving these substantial industry problems."

Michael Woods, CEO & COO for Black Buffalo Corporation says, "This partnership allows both Conectric and Black Buffalo to provide innovative and immediately practical solutions to enhance the tech stack for IoT devices within all ecosystems. Hyundai BS&C has made extensive progress globally with these smart solutions, and with the assistance of Conectric, we can now provide this value domestically in the US with scalable and sustainable opportunities."

The market demand for Black Buffalo, says the company, has been strong globally within cities, factories, homes, and apartment buildings, and it sees Conectric's ultra-scalable wireless sensor private networking and sensor pack devices as providing the ideal solution for its domestic entry into


Vous êtes certain ?

Si vous désactivez les cookies, vous ne pouvez plus naviguer sur le site.

Vous allez être rediriger vers Google.