SKYNET – The World’s First Blockchain IoT Chip

Hello dear readers, it is my delight to bring to your way this important information just as it is my usual practice. I would like you to relax and read through this tips of but enriching information with great benefits and awesome. Friends, it's all about "SKYNET" This is The World’s First Blockchain IoT Chip. Take your time to read through the detail bellow.
Introduction:
What is SKYNET ?
Skynet is the platform to produce the IoT Blockchain Network with the world’s first blockchain chip and high scalability feature and to organize the data obtained from these on its own network.
Basically Skynet will use the blockchain chip, which has billions of free licenses it produces, on devices worldwide. This will connect the devices to their own blockchain network. Thus, the billions of interactions generated by the installed end-to-end system and the Skynet Core processors will be collected on the Skynet Network.
The Skynet project is supported by the Singapore-based OpenSingularity Foundation, which is not profit-oriented and conducts scientific research on the “Smart Machinery Economy.” The foundation’s vision is to create a model in which devices can learn, transfer knowledge and communicate with others without human intervention and control. They are aiming to be the first blockchain core processor and network to serve it.
SKYNET COMPONENTS
1. Skynet Core
At the heart of Skynet is Skynet Core, a purpose-built chip that implements a system-on-a-chip (SoC) The chip uses a 32-bit or 64-bit RISC-V core, depending on the version chosen and contains patent-pending technology to provide the following blockchain specific components:
• Hardware cryptocurrency wallet
• Hash Acceleration
• Automated Transaction Signing
Thus, the Skynet Core blockchain hardware will enable the devices to support unstructured information processing, IOT, application development, and blockchain network availability. With both hardware and network support, billions of Skynet Core IOT devices can be installed and connected to the Skynet Network.
2. Skynet Open Network (SON)
Using a blockchain layer for IoT device interaction has several advantages. First of all, devices are always clearly identified and the integrity of the data they interchange can always be verified. In addition, devices can build a reputation based on past transactions. Devices may distribute loads and share data and use M2M micro-payments to be rewarded for their services.
To facilitate this global blockchain-backed network of connected devices, Skynet provides a highly scalable blockchain network called the Skynet Open Network (SON). SON implements a multi-chain approach, which combines multiple blockchains integrated via a root blockchain.
3. SON Fabric
The SON Fabric will serve as a kind of root chain of the Skynet Open Network and serve as a bridge between the block chains to be created on the platform. Countless IoT chains can be created independently on the SON Fabric. Bitcoin and Ethereum-like chains can be installed with the software kit.
There will be two different token models on the platform. The Skynet Token token will be used primarily to determine whether to vote, approve, and verify on the Skynet Open Network and SON Fabric. Light Tokens will be used to pay transfer fees and block rewards. So in summary Skynet token’s aim is to win Light token.
WHAT CAN BE DONE WITH SKYNET?
When all the devices in a city are supported by Skynet Core, they can communicate with each other by connecting to the Skynet Network with different subchannels, and the information can be evaluated on the same network.
 Smartphones will turn into a blockchain phone by connecting Skynet Core, and thanks to the integrated wallet, this phone will store crypto money and confirm transfers.
 By integrating artificial intelligence-based crypto-wallets into wearable devices, it will enable autonomous authentication and secure signing of transfers.
 Secure IP cameras can detect abnormal conditions and alert all devices and systems on the blockchain.
 Robots can develop themselves by learning from other robots connected to the same network.
 Vehicles with Skynet Core support will pay for charging and parking, and will also generate revenue for the information they share.
Benefits of the Internet of Things
New business models and revenue
Automatic product replenishment? Subscription services? Apps? The IoT is disrupting traditional business models and creating massive opportunities for companies to create new services based on real-time sensor data and information.
Operational efficiency
One of the biggest benefits of the IoT is the efficiency it can offer. Many companies are using it to automate business and manufacturing processes, remotely monitor and control operations, optimise supply chains, and conserve resources.
Workforce productivity
Wearables and other IoT-enabled devices are boosting workforce productivity and job satisfaction in many verticals. The technology is helping employees improve decision making, automate routine tasks, fast-track communication, and more.
Enhanced customer experiences
From integrating customer care with actual product performance and usage, to delivering highly personalised products and services, the IoT offers many ways to create more compelling customer experiences across digital and physical worlds.
IoT use cases in key sectors
The Internet of Things is having a profound impact on many different industries and lines of business. Here are three sectors leading the way:
Manufacturing
The Industrial Internet of Things (IIoT) is completely transforming the way products are made. Manufacturers are using the IIoT and M2M communication to drive industrial automation, predict and prevent equipment failures, improve worker safety, and much more. 
Transportation
Intelligent transportation systems are moving people and cargo from A to Z all over the world. Thousands of IoT sensors are used on planes, trains, ships, and vehicles to optimise everything from engine performance and safety to logistics and supply chain management. 
Automotive
Car manufacturers and tech companies are using the IoT to help drivers in connected cars (or smart cars) avoid accidents, predict maintenance issues, find parking spots, and more. The IoT and machine learning are also bringing self-driving cars to the market.
TOKEN ECONOMY
A total of 1,000,000,000,000 SON Tokens are available. 1 SON token will be sold as $ 0,00035. Softcap for $ 3 million and hardcap for $ 38 million. Here you can find the dates to be set for token sales in the ICO process. The countdown for pre-sale is ongoing.
Dear reader, this is just a brief overview of the purpose, benefits and opportunities that can be gained from this innovative project. After reading this briefing, I am sure you will want to know more, please visit one of the following links:
Website : https://skynet.co
Whitepaper : https://skynet.co/img/lightpaper.pdf
Reddit : https://www.reddit.com/r/SkynetProject
Twitter : https://twitter.com/OpenSingularity
Telegram : https://t.me/SkynetOpenNetwork
Facebook : https://www.facebook.com/OpenSingularity
Btt ANN : https://bitcointalk.org/index.php?topic=4641725
Linkedin : https://www.linkedin.com/company/opensingularity-foundation
Medium : https://medium.com/skynetproject
Authorship by: Olagoke Gbade

Comments

Post a Comment

Popular posts from this blog

Taurus0x is an off-chain/on-chain, secure and scalable protocol powering smart derivatives.

Image
Good morning friend, I’m Olagoke Gbade Bisade. It is a pleasure to bring this great and innovative project in its own way with many benefits for many who consider it useful to be part of it. Friends, relax and relax while reading the purpose and purpose of this project, as well as the benefits it offers. Introduction to Taurusox: Taurus is an off-chain/on-chain, secure and scalable protocol powering smart derivatives. The protocol intends to standardize derivative trading and provide a distributed blockchain backend for persisting and executing contracts. Contracts are generated and signed securely offline, and may be transmitted over any network. The protocol leverages MultiSig contract technology and Elliptic Curve Cryptography in the form of ECDSA to generate and verify digital signatures. The protocol business logic is maintained in a system of smart contracts on the Ethereum blockchain. The protocol operates in two modes: peer-to-peer and moderated, allowing exchanges
Read more

STACKS CITY: RELIABLE COMMUNITY FOR WIFI CONNECTION AND ADVERTISING.

Image
Hello friends, it is another time of impacting and life-changing information. This time around, it is all about 'STACKS CITY-- Reliable Community forWIFI Connection and Advitising.' kindly seat-back and read through the detail. INTRODUCTION The population of the web users have risen, so also is the demand for data. Many companies and individuals now make use of the web for almost everything and to some extent, some have their activities or operations entirely based on it. Several advertising agencies have taken that as an opportunity to charge high and discomfort those who seek to advertise on the net. Basically, the creation of Stackscity is to change the scope of data usage and monetization such that making money from unused data becomes very easy. Studying this platform will let us know the fullness of the platform and how it shapes the data industry for all that uses the web. Problems But the problem now is no longer in its presence, but rather in the quality it
Read more

PARKRES

Image
Hello friends, I am Olagoke Gbade. Just as my usual practice of bringing great and valuable information to your way, today’s own will not be less as I have decided to give you information about this great innovation known as “ PARKRES.” Please seat back and relax your nerves as you read through. Also, I encourage you not to just read but as well take important step by be a part of this great innovation. Introduction Lack of Parking, which is relevant for all of us. From year to year, this problem is becoming more urgent, there are fewer places. And so we proceed to consider this topic Who among us at least once in my life did not face the problem of Parking. In large cities around the world, with a well-developed infrastructure, this problem is still very relevant. Today, almost every second person has a vehicle, and sometimes several. After conducting research, sociologists have come to the conclusion that drivers make great efforts every day to find a free Parking space. Las
Read more