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Jan 17, 2015

IBM Reveals Proof of Concept for Blockchain-Powered Internet of Things

Posted by in categories: big data, business, complex systems, computing, cryptocurrencies, disruptive technology, economics, futurism, information science, open access, open source, strategy

Quoted: “IBM has unveiled its proof of concept for ADEPT, a system developed in partnership with Samsung that uses elements of bitcoin’s underlying design to build a distributed network of devices – a decentralized Internet of Things. The ADEPT concept, or Autonomous Decentralized Peer-to-Peer Telemetry, taps blockchains to provide the backbone of the system, utilizing a mix of proof-of-work and proof-of-stake to secure transactions.”

Read the article here > http://www.coindesk.com/ibm-reveals-proof-concept-blockchain…et-things/

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