The philosophy behind IoT is giving things the ability to send and receive data, thereby transforming anything into smart devices. IoT envisage a smart future, Take a moment to imagine if everything had sensors, and is smart, your wardrobe can suggest what you wear based on the weather, temperature and other parameters or your refrigerator reminds you to order foodstuffs when you are running out of food, your door, bed, tv, toaster, furniture we all have better functionality. The IoT concept is amazing, to say the least.
The IoT market is still in its infancy stage yet worth billions of dollars.
Another technology that has revolutionized various sectors is blockchain. Most entrepreneurs and Visionaire nowadays prefer to build their project on a blockchain because of qualities like privacy, immutability, security and most importantly control. Whenever blockchain technology is mentioned cryptocurrency come to the minds of many, as it’s the underlying technology bitcoin and other cryptocurrencies use. However, blockchain technology can be implemented in various ways and industry.
In this article, I will be describing how Athero is building web 3.0 by leveraging on IoT and blockchain technology.
ATHERO: DECENTRALIZED IOT ECOSYSTEM
Athero is a decentralized ecosystem that leverages on blockchain technology, IoT to interconnect blockchains technologies. Athero combines Blockchain, IoT and finance, data sharing etc.
Athero blockchain with various sidechains and dApps and each sidechain can serve different purposes like data sharing, messaging, connecting with various IoT/smart devices.
WHY BLOCKCHAIN TECHNOLOGY MAKE IOT MORE INNOVATIVE
As you read along, you probably have wondered why to combine these two innovative technologies in an ecosystem.
The amazing functionalities IoT presents comes with a price. An expensive price actually, when you have centralized IoT system, they are by design naturally vulnerable to security breaches. Its also involves a high level of trust. Imagine someone can hack and control your refrigerator or doors, or a company have access to the data your smart devices are sending.
IoT essentially has to do with data exchange, data is gold of the 21st century. Security of data can’t be overemphasized. If the Facebook-campaign analytical scandal didn’t teach us anything, It taught us that your data aren’t safe on centralized platforms.
Data shared on Athero just like and blockchain/decentralized ecosystem is on a peer-to-peer basis. Athero is built to encrypt and decrypt data in transition.
THE THO TOKEN
The THO token will be the currency of the ecosystem. When sending data, exchanging and doing other activities on Athero blockchain will incur a little fee that will be paid in Tho. The Tho token is built on Ethereum blockchain and will be swapped at 1:1 when the Athero blockchain will be released. Athero will have a wallet for holding the Athero token.
The token sale is still on and you still have the opportunity to buy the Tho token.
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PUBLISHED BY: OGHENEJIVWE PATRICK
Bitcointalk Username: Jivwe
Bitcointalk link: https://bitcointalk.org/index.php?action=profile;u=1718700