WISE - POWERING IOT & M2M ECONOMY

There have been some challenges facing the IOT which needs to be address and that’s why WISE project has come up with solution to these problems. The identified problems include the SECURITY, DATA RELIABILITY and AVAILABILITY, PRIVACY ISSUE, and DEVICE INTEROPERABILITY. It is discovered that IOT has a lot of security issues and damages which the attention of the different private and public sectors have been drawn to it. High security should be the priority and main objective of every private and public sectors. The world have recorded lots of losses and attacks as a result of insecurity in which much attention has been drawn to this and all sectors have been advice to make the security of their companies as number one priority. Thanks to WISE platform which has come with a new project with increased security feature.

PRIVACY issue has been another one facing majority of the sectors. There has been series of threats received as a result of the use of GPS, CAMERAS and VOICE RECOGNITION. This is why WISE platform has introduced a blockchain based project which will rectify the issue of threats received as a result of use of GPS and CAMERAS.

Another issue’s not to forget mentioning is the issues of device interoperability and likewise the reliability of DATA and its availability. All these issues are not just mere problems because these have been affecting both the public and private sectors over the time and this is why I’m happy to inform you that WISE platform is ready to solve the problems through the introduction of blockchain technology.

M2M or Machine to Machine is a technological concept that involves hardware or hardware to be able to connect and communicate with each other without human intervention. This technology has been known for quite a long time and is widely used in various devices in everyday life. Because of its nature that can be connected independently with other devices, M2M has a large influence on human survival, where this technology can make every human work can be handled easily without the need to spend a lot of energy. M2M technology allows 2 devices to interact via wireless signals. One example of the application of M2M technology is the SMS Banking service, where people can now transfer money only by SMS and automatically the money will be sent to the destination account. The customer does not need to go to the bank anymore or if the situation is not possible so he can utilize the SMS banking facility that is driven through this M2M technology.

The use of M2M technology is very helpful in the process of financial transactions and various other types of economic activities. Other technologies that are considered to have an impact on changes in the human life order are AI or Artificial Intelligence and distributed ledger technologies or distributed cash book technology. AI has been widely used in various types of devices especially mobile devices because of its advanced technology that can produce an intelligence but the results of design. Usually, this AI adopts the type of human intelligence as outlined in a technology where this role is replaced by technological devices. Distributed cash book technology is also currently being involved in a technology called blockchain, where people can now store transaction records on their computers by passing certain procedures. Cash books that are usually only owned and stored by conventional banks, can now be owned by everyone who is part of the blockchain network.

The three types of technology provide each color in various aspects of life. But until now, no one has created an innovation that can combine these three intelligent technologies into 1. If this happens, it is not impossible that all three can be collaborated to be used as learning material and media for the development of science to a wider scale which involves many independent devices.

A platform called Wise was introduced in early 2016 as a protocol to send messages to one or more endpoints that combine ownership, hardware base, processing, core blockchain and radio waves with internet-based infinity-chain facilities that connect all technology devices IoT (Internet of Things) with each other that can increase the novelty of the system of access and use of information. In addition, Wise also creates an advantage where IoT technology can support the development of the economic sector with a new system and is supported by blockchain technology.

Platform Wise developed an idea to provide a network system that can work scalable so that it can support and help reduce the workload received by billions of IoT devices worldwide. Wise creates a technology system in the form of infinity-blockchain that can help increase the speed of transaction processing instantly and without limits. If there is trouble or the system is down, the technology developed by Wise can create a number of specific side chains that are applied independently that can be connected with other network collections. This network functions to find out the number of tokens on a blockchain. This has made Wise’s technology support network decentralization systems that can be configured and operated which are compiled in the Proof of Ownership (POO) consensus protocol.

In this platform, there are many applications that are needed by users who can conduct human-like interactions between devices from various knowledge domains. These applications are virtual. Devices can access decentralized by using intelligent machines, such as accessing decentralized identities, distributed cash books, digital currencies, nodes, distributed computing, and decentralized machine learning.

Wise created a blockchain-based digital platform by combining various intelligent technologies to support the performance of IoT interactions in a safe and decentralized manner.

For more information about WISE check the links below

Website => https://wise.cr/

Whitepaper => https://wise.cr/docs/Wise-Network-Whitepaper.pdf

ANN Thread => https://bitcointalk.org/index.php?topic=5101714

Telegram => https://t.me/wisecr

Facebook => https://www.facebook.com/WISE-Network-567111977077858/

Twitter => https://twitter.com/network_wise

Linkedln => https://twitter.com/network_wise

Github => https://github.com/GBTTech/wise-erc20-token-smart-contract

Youtube => https://www.youtube.com/channel/UC9uQAInb_3IdCCa5L2up3NQ

Bitcointalk User Profile => https://bitcointalk.org/index.php?action=profile;u=2002666