Internet of Things

In large scale deployments of thousands of smart devices, maintenance and repair is still largely a manual process. Service requests and payments are handled by administrators who manage their maintenance, monitoring and repair. The process is slow and time-consuming. Smart devices can leverage blockchain technology to automate maintenance and repair resulting in self-serviced smart devices, systems, buildings and cities.

Internet of Things

Smart devices can run software that interacts with the blockchain. It interacts with a service provider according to pre-negotiated contract terms and conditions. When a failure occurs within the device, an internal sensor which indicates the failure, generates a request for service transaction on the blockchain. This transaction informs the service provider about the nature of the failure, identifying the specific device. The service provider can respond to the service request in a timely manner. Upon completion, the sensor reading indicates the completion of the repair and can release payment to the service provider on the blockchain. At Persistent, we’ve built the device self-service prototype using the Ethereum platform.

You May Be Interested In

Partners

Blockchain Digital

VIEWS

Performance Evaluation of the Quorum Blockchain Platform

VIEWS

Performance Characterization of Hyperledger Fabric

VIEWS

Understanding Blockchain Consensus Models

VIEWS

Blockchain is not the most efficient way of doing things when there is trust in the system: Dr Pandurang Kamat

CUSTOMERS

HM Land Registry partners with Persistent on Blockchain to simplify home buying in England and Wales

Start typing and press Enter to search

Contact Us
close slider

Contact Us
Have a question? Drop us a line and we will get in touch with you!

Yes, I would like Persistent to contact me on the information provided above. Click Here to read our full Privacy Notice.