BOSTOKEN: ENHANCING IoT VIA THE BLOCKCHAIN TECHNOLOGY

in #bos6 years ago

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Blockchain and cryptocurrency have virtually influenced the technology market. It is a thing of joy that within this era the cryptocurrency has been widely accepted by many countries and it could be used for transaction and all sort of things many other things a user wishes to use it for.

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The Internet of Things (IoT) is many things to many people. Everything from new applications, such as smart cities or autonomous vehicles to massive sensor networks for monitoring environmental or industrial systems. The Internet of Things (IoT) is the network of physical devices, vehicles, home appliances, and other items embedded with electronics, software, sensors, actuators, and connectivity which enables these things to connect and exchange data, creating opportunities for more direct integration of the physical world into computer-based systems, resulting in efficiency improvements, economic benefits, and reduced human exertions. IoT involves extending internet connectivity beyond standard devices, such as desktops, laptops, smartphones and tablets, to any range of traditionally dumb or non-internet-enabled physical devices and everyday objects. Embedded with technology, these devices can communicate and interact over the internet, and they can be remotely monitored and controlled.

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INEFFICIENCIES IN IoT

IoT suffers from platform fragmentation and lack of technical standards a situation where the variety of IoT devices, in terms of both hardware variations and differences in the software running on them, makes the task of developing applications that work consistently between different inconsistent technology ecosystems hard. Customers may be hesitant to bet their IoT future on a proprietary software or hardware devices that uses proprietary protocols that may fade or become difficult to customize and interconnect.

IoT’s amorphous computing nature is also a problem for security, since patches to bugs found in the core operating system often do not reach users of older and lower-price devices. One set of researchers say that the failure of vendors to support older devices with patches and updates leaves more than 87% of active Android devices vulnerable.

BOSTOKEN (THE SOLUTION)

BOSTOKEN aims at solving the various problems experienced in IoT data security, data circulation, data sharing and data transactions, thus enhancing the efficiency of the whole IoT ecosystem.
BOSTOKEN will enable the “edge computing technology” into the IoT networks. Edge Computing technology Streamlines the flow of traffic from IoT devices and provide real-time local data analysis. Edge computing is a way to streamline the flow of traffic from IoT devices and provide real-time local data analysis. Edge computing allows data produced by internet of things (IoT) devices to be processed closer to where it is created instead of sending it across long routes to data centers or clouds. Doing this computing closer to the edge of the network lets organizations analyze important data in near real-time – a need of organizations across many industries, including manufacturing, health care, telecommunications and finance. With this every IoT device that uses the Bostoken is subject to mining reward.
BOS is built on blockchain and this makes it very reliable and verifiable. Due to the fact that BOS is built on Blockchain it improves the speed of data transfers and it also secures it.

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APPLICATION OF BOSTOKEN

• Bostoken can be used as a cryptocurrency. This token is not exclusive to the bostoken app, it could be used elsewhere
• As Incentive for 3rd Party Miners
• As a User to User Alternative for Cash, Users are encouraged to shed the risks of using Fiat Currency between each other and Instead use Bostoken as they ensure safety and value on every level.
• As a Long-Term Investment Vehicle, it is guaranteed that BOSTOKEN price and value would rise over time so it is paramount interested users seize the golden opportunity and invest. To find more about this you can visit this site https://www.bostoken.co/buy.php

TEAM: https://www.bostoken.co/team.php

For more information’s please visit the following sites:

Website: https://www.bostoken.co
Road map: https://www.bostoken.co/roadmap.php
Telegram: https://t.me/bostokenofficial https://t.me/bostokengroup
Facebook: https://www.facebook.com/bosblockchains
Twitter: https://twitter.com/bosblockchain

Author’s name: OGIDINTA LAWRENCE
Author’s ETH ADDRESS: 0x1d3B183b99aa20f43301C773a3BA2Ee5aE00c8AF
Author’s email: [email protected]

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