CRYPTOACADEMY SEASON4/WEEK1/ HOME-WORK POST FOR YOHAN2ON/ BLOCKCHAIN TECHNOLOGY AND INTERNET OF THINGS (IOT).

kingcent (67)in SteemitCryptoAcademy • 3 years ago

INTRODUCTION

Hi good steemit people it's nice writting here once again after some weeks of vacation, here I'm happy because the fourth season of the cryptoacademy is back this time around with a big bang. We thankGod I'm qualified to participate, I have gone through your nice lecture professor @yohan2on, it's really interesting you really explained well.

But before I start answering the questions you have asked it will be nice for those reading this post to know what blockchain technology, and internet of things (IOT) simply implies, it's will be nice we have an overview about then so that when we start everything will be Rossy. A blockchain is basically referred to as a database that keeps records of encrypted Blocks of various data's, it then works in a peer-peer shape in order to form chronological single source.

One thing you should know is that blockchain technology is basically decentralized, meaning no one controll's it, in tense of it's Leger distribution it's been done through the various nodes that is been connected in the various nodes that works in peers, Nodes is a device that keeps track copies of the blockchain in this facets the network keeps functioning.

In the blockchain technology various digital assets are been shared thereby various records of an assets to be immutable, the assets there are seen to be Decentralized in all ramification this creates room for everyone to access it it's probably in the public domain, blockchain is very secured as overtime new blocks are been mined. Blockchain has three important things and I will be proud to tell you that blockchain consists of blocks, nodes, and miners. This three things are very crutial because without then trust me blockchain cannot function effectively.

Internet of things (IOT), is a common word used in the technology industry today, although it sounds as our daily words we use on regular basics, but it's meaning in the technology industry is quiet different, the internet of things equating it to the technological standard gives a limelight to a particular smart device to function effectively and communicate with each other, that means IOT's are basically technology.

If you look well in our environment today there are lots of technological standards, and in one way or the other the rate of crime have been reduced, back in the days of 80's you can barely find technology, or technological aids but today you go to our supermarkets you find cameras, trackers, etc this are all IOT's.

Explain why the future Internet of Things depends on Blockchain

One of the characteristics of a blockchain is that high standard of security, anything running on a blockchain is highly secured, security is highly guaranteed and it's immutability too, which means transactions in there can't be altered so just as I have earlier explained internet of things are new technologies that assists smart devices to function at it's upti-most best.

In order to make things been created by the assistance of tech you will understand that our phones are smart, that's why it's called smart phones, let's put fitness trackers too into considerations, the internet of things (IOT), is rapidly in a development where you can be in your office and at the same time know what is happening in your neighborhood through the help of technology.

in today you can easily warm your food without the assistance of a Gas cooker, or other forms of electrical appliances that we are used to, the internet of things (IOT), has enabled smart devices to massively communicate with each other massively, looks at our smart phones I can be in Nigeria and communicate with someone in the United States and other countries in the world, that is the essence of the (IOT).

From my own clear view I will say since blockchain keeps records of encrypted Blocks of various data and just as the name implies blockchain, the chains in there works in peers, the main point here is record keeping, everything we do in our day to day life what's most important is record, and accountability, and blockchain has the answer to this, you can count on it to provide this. Here I will provide some IOT blockchain companies. They includes.

Helium

Chronicled and

Arc-Touch

Explaining why the future Internet of things IOT depends on blockchain, I have to map it down to

Decentralization and security/; blockchain is Decentralized and very secured, thereby it's very difficult to hacked, and to gain a total submission to knowing when and how records are been kept you can always count on blockchain technology, it's immunity can't be overemphasized, now let's look at one of the IOT company the helium, it's interesting to know how the IOT are now making use of blockchain for a better connectivity regarding the brands they are publishing.

Helium machine network is pretty Decentralized meaning that the machine isn't controlled by anyone, and it's the first Decentralized machine network in the world, this helium company makes use of blockchain in order to connect machines that has mini power or low power to the internet, we have routers and microchips.

Since helium is the first Decentralized machine network in the world, it makes use of a blockchain and it tense of it's connectivity it wireless format makes use of a radio technology in order for the internet connection to be rigid, in this case there will be low power to run the smart machines. As we all know radio technology has a wake.

this waves transends and occupies a particular geographical zones let's say for example I'm in ** portharcout**, I will surely get a radio signals and I can listen from the comfort of my homes, but when I live the city of portharcout it will be difficult for me to get the signals, at this point I have to listen through the Radio App, this is purely Internet of things IOT. The App now serves as a technology for me to communicate.

Combination To Effective deliverance; blockchain gives you a clear overview on how assets, or various things can combine together and produce desired results that is been needed at that particular time, let's check out an IOT company that is based in the US, they are called the Chronicled they are making use of blockchain in IOT, here blockchain and IOT based product are been shringed up together to deliver a peered chain solution, don't forget blockchain works in peers inconcated with each other, they base on shipping foods materials more like a supply industry.

Now you know what their aim is the question you will ask is how do they tend to execute this with the use of a blockchain technology, in their IOT device blockchain is basically implemented and this gives a good opportunity for those who are involved in the supply of foods in the container to be ready and to know the peer in the custody and any predicament that will arise along the process.

So with the helps of blockchain you will understand that every activities done courtesy the shipping process is been documented, the combinations of various raw materials in this process will thus be effective, and records are been kept and the public can thus access it in due time. Even if there is a new supply of containers it can be registered in the blockchain to the view of everyone.

Connectivity and execution of smart contract; blockchain provides all this, and so many companies are now adopting the simplicity that blockchain offers let's take for example one IOT blockchain companies called ArcTouch, this company is basically centralized in building softwares that can be used in smart contracts executions and some items will this be connected things like the wearables, smart TV's.

Further more this company has built their own personal Decentralized DApps that other companies connect to their IOT devices, this means they have their own DApps that you can make use of from the comfort of your own reputable organization, it's more like a technology that enables your smart device to function effectively, let's say you have a CCTV camera on your domain the DApps that this company builds will enable your CCTV camera to function effectively. They also built the DApps that connects Facebook messenger.

CHALLENGES FACING INTERNET OF THINGS (IOT)

Just as our people usually says in everything that is good there are always challenges Internet of things are sublime it makes our technology work better it improves alot, in the society and we are happy that through it crime have reduced drastically but it's been faced with various challenges and a few of then I will be listen then here.

Lack of regulations; let's say some of the popular devices that we make use of today is basically been connected to the internet our cars, medical equipments, toys, etc are all been connected to the internet, all this needs massive regulations if there is a low regulation you can start to imagine the havoc it will cause in the end, if there is low regulation that simply means there will be massive security risk.

Here I have to drag government into this matter you will agree with me that government takes a long time before concluding on the current state of technology at hand, there has to be readings passing through various tables that's practically how government works, you will agree with me that IOT is undergoing a serious revolution, the government of the day is finding it difficult to hop in the regulation index in this case they need crutial information.

Problems with compatibility; when a new technology comes to lime-light, at that time it's associated with great features in this case IOT is not an exception either. When there are competitions you will agree with me that there will also be great increase in the various choices that individual/consumer's makes, in another hand that will also be some fraustrating compatibility issues revolving around.

Low bandwidth; one of the major problems of the IoT is connectivity, courtesy the fact that the IoT grows in size Many people have that concern that bandwidth galvanized IoT applications will find it difficult to cope intense of space it will occupy in the server client models. Remember the server client model makes use of a centralized servers that helps in authenticating traffic in the IoT networks.

Research and create content on the following IoT Blockchain use case.

Filament

Courtesy my homework I was able to list out some of the IOT block companies and filament is one of then here just as the question suggests I will create content towards it, trust me it will be explained better.

FILAMENT

Screenshot_20210906-184520~2.png

Filament is an IOT company that is saddled with the responsibility of designing a block-chain based hardware and softwares, the hardware's and softwares interacts and integrates with the IOT products, this company has a block suites and it's been called a blocklet, this particular has a responsibility of making sure that data security is rigid, totally strengthened, this is mostly used my various companies like the transportation companies, manufacturing companies, and energy companies too as well.

Filament DLT helps in providing and at the same time boosting cyber security protocols in this case quicker interactions are been paved way for in absolute totality industries needs this so much because of their volatile productivity, don't forget just of rescent filament provided a blocklet USB enclave it's their first thought, if a blockchain aparatus is been plugged into the USB, without wasting time project will be passed into the blockchain.

Filament have raised their games with their rescent hardware at this time it's seen totally enabling, let's not forget that this company was officially invented in 2012, and officially it was launched in the year 2013, filament have been into block for sometime now, it's been seen as a vital importance because filament have gained massive transformation and it's value is been recognized in the DLT.

At this time the importance of a blockchain won't be overemphasized, the technology as at today have been in a great turn around and the evolution will keep on accelerating, now the objective of filament is to galvanize and use the evolution and transfer it to a system that will be valuable to various companies around the globe, let's still remember that IOT is still a technology that boost device in order to get effective and massive communication standard.

CONCLUSION

From my homework post you will understand that internet of things is a general terminology basically used in the technology industry today. It gives a limelight for smart device to interact with each other let's say we have tracker's this will assist in making it even more smarter, Courtesy this we have so many IOT companies around today. Almost all makes use of blockchain technology why did they do that because of the characteristics that blockchain operates you will agree with me that block is totally secured in all ramification and also there is accountability and record keeping too.
From my lectures you will understand that blockchain itself is vital as far as IOT is concerned, blockchain is a database that keeps total records of encrypted Blocks of various data's working in a peer-peer shape in order to form a chronological single source, it's very important I State this clearly that blockchain technology is basically decentralized meaning it's not controlled by any individual or organizations and mostly the record keeping is massive, if you must suceed in anything you should keep records and you must be accountable that's why blockchain is seen preferable for IOT companies because everything they do is very much transparent, and it's on the public domain. Many thanks to you professor @yohan2on, you really did well explaining in a sublime manner many thanks to you.