IoT Data Needs Blockchain, Decentralization, Startup Says
AnyLog’s technology would ease the management of IoT data and reduce costs associated with it.
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By leveraging blockchain technology and decentralized computing, one IoT startup aims to ease the management of IoT data, with a larger vision of enabling a Google-like interface to search it.
AnyLog’s technology would enable the creation of a marketplace for servicing IoT data, where “data owners” put their IoT data storage and management needs out to bid, so to speak, to a network of “data operators,” who compete to offer SLAs, according to Moshe Shadmon, founder and chief executive officer of AnyLog. Contracts between the parties are stored on a blockchain, so there is no centralized authority.
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