Alexander Hirner (@cybertreiber)

Alexander HIrner 2

…arguably good

Status QuoQuantification ↑

- IoT- QS / public health- Finance- eCommerce- social media

common practice

- EoS for Intelligence- Added Value- Lucrative

Business / Governance Models

Asymm. Information↑ …not so good

Centralization ↑

Alexander HIrner 3

Blockchain TechnologyQuantification ↑

Toke

n in

cent

ive

incremental updated through “transactions”

- DDoS resistant- Public / Transparent- Pseudonymous- Distributed- No single P of failure- Persistent *- Decentralized *- Synchronized *

* to the extent of the consensus algorithm

Aggregation

One Step Further

Alexander HIrner 4

Vitalik Buterin ~ Dec. 2013: Why not include a Turing complete Programming Language to update the Blockchain?

Deterministic Computation on a global public Ledger

apply VM code

The Paradigm Shift

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Open Source Open Data Open

Processes

Verified & PersistentOpen Data

became competitive Advantage(selective revealing,Eclipse SF)

Enabling new Forms of Organization:

• Voting, (Schelling) Prediction Markets

• Reputation Systems / Donation Records

• Algorithmic Auditing• Autonomous Agents• “DAOs” (handling $)

BTC BalancesProof of Exist.Colored CoinsNamecoin…

became good habitPublic recordsGenome ProjectKaggle

The Paradigm Shift

source(s): [2, 3] Alexander HIrner 6

Open Source Open Data Open

ProcessesVerifiedOpen Data

What does this all have to do with THINGS on the Internet?

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Persistency and Contracts

‘namereg’ for IoT Devices on the blockchain, e.g. charging station e-mobility (needs prior coordination/ reservation)

Autonomous Devices (no central intelligence, less user intervention)

Sensor networks Insurance, Prediction Markets

Smart Property / Shared Property / Billing

IoT … missing Links for sustainable Business models

- Blockchain w/ code

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Secure Messaging Open home’s door for a friend from remote Share your GPS tracks with whom you authorize

(emergency cases/theft)

Decentralized firmware saves costs for producers maintenance is out-

and crowd-sourced User Innovation & Open Hardware/Firmware paradigm promotes quality and longevity

No one wants Spy-/Bloatware anyway (see homebrew firmware for mobiles)

IoT … missing Links for sustainable Business models

- Telehash- Whisper- …

- DHT- BitTorrent- Swarm

Community

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Vitalik, Thiel Prize and WTN award (before M. Zuckerberg)

~ Mio. 12$ crowd-funded

Community~ 50 cities~ hotspots…

Berlin, Amsterdam, Switzerland, … Incremental Rollout:

blockchain (soon) scalability + Whisper + Swarm

Scalability

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Open Processes

Verified & PersistentOpen Data

Fully global Blockchain Multichains PoS Light Clients

Hybrid models (off-chain Challenge Response)

locally confined / permission based (ERIS)

Incentive Link with Token (Permacoin)

Dynamic (IPFS.io, Storj, Maidsafe)

Ethereum 2.0

Community: Ethereum Vienna

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4 pics

Slovenia 3rd meetup

own projectsBerlin Dev HQ

Concrete Projects

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Decentralized Crowdfunding modular, 24/7, low/no barrier of entry

Prediction Market with Reputation and Delegation System

http://www.meetup.com/Ethereum-Vienna/

Specialized / Relatives: Lazooz, Synereo, Provenance, Project Groundhog, …

Takeaway

Alexander HIrner 13

Privacy concerns, trust in centralized providers and long-term management liabilities choke IoT business and innovation

Convergence of Cryptocurrencies + IoT = new plateau of productivity

Pushing intelligence to the edges of the network requires extension of IoT Software stack (Ethereum) …

…and Hardware (low powered, cryptography enabled, hard to crack, trusted) build on hardware wallets technology, blockchain verification = bottleneck

Sources http://bits.blogs.nytimes.com/2014/10/09/ge-opens-its-big-data-platform/?_r=1 Blockchain explained: https://www.youtube.com/watch?v=YIVAluSL9SU https://twitter.com/swardley/status/584835106818367489 https://github.com/ethereum/wiki/wiki/White-Paper

http://www.gartner.com/newsroom/id/2819918 http://public.dhe.ibm.com/common/ssi/ecm/en/gbe03620usen/GBE03620USEN.PDF https

://gigaom.com/2014/09/09/check-out-ibms-proposal-for-an-internet-of-things-architecture-using-bitcoins-block-chain-tech/

http://www.openmote.com/iot-tutorial-by-matthias-kovatsch/ DTLS: https://datatracker.ietf.org/doc/draft-ietf-dice-profile/

source(s): [ ] Alexander HIrner 14