IOTALedger of Things

Hack The Valley Introduction

Sharing Economy 2.0Anything with a chip in it can be leased Devices trade resources among each

other

Cloud, Fog and Mist

ED

GE

CO

RE

● Real Time Processing

● Avoid network congestion

and signal collisions

● Incentive for

interoperability

● Data Integrity

● Cisco & IBM love the fog

Requirements

How do we

achieve this?

Blockchain

● Scalability

● Storage

● Bandwidth

● Fees (~ $0.03 per

hash*)

● No Data Privacy

● Expensive Data

Storage

The solutionRethink from scratch

A revolutionary new

distributed ledger designed

for Machine-to-Machine

interactions.

IOTA at its Core

7

10110

00110

01011

Data Security

All data cryptographically

secured in a Tangle. This

data can be made visible to

certain parties.

Automation

IoT the entire supply-chain. All

data and interactions are fed

securely into the Blockchain

through the IOTA protocol.

< / >

Lightweight, non-Turing

complete Smart

Contracts will support

automation at IoT scale

M2M

payments

Machine to Machine

micropayments. This way

machines can pay each

other for certain services

and resources.

$

Blockchain without the

Blocks and the Chain.

What???

Tangle

Tangle

Read our Whitepaper: https://iotatoken.com/IOTA_Whitepaper.pdf

● No Fees

● Scalable

● Quantum Secure

● Data Integrity

● Lightweight

● Partition Tolerant

Protocol and Network

Statistics

◉ Genesis trx on 11.07.16

◉ 1.5 years of

development and

testing

◉ Community of 2000+

◉ More than 2.6m

transactions

◉ $60m+ of value transferred

◉ 100+ trx/s now

1000 trx/s in Feb 2017

Hack The Valley

Special

◉ Live Network Access

◉ Powerful functionality

◉ Micropayments with IOTA token

◉ Data Messaging/ Integrity on

Tangle

◉ IoT Hardware

iota.api.getNewAddress(seed [, options], callback)

sendTransfer(seed, depth, ... )

getTransfers(seed [, options], callback)

getAccountData(seed [, options], callback)

◉ Super Simple APIs