similar IoT projects

[awareentity]

As the IoT is wide perspective there are some other projects developing in this space already. Maybe we can learn something by looking at their work. I have found 4 so far:

#1. IOTA
This one is using Tangle instead of blockchain. There is no need of PoS or PoW because when you are sending transaction you automatatically confirm 2 another transactions on the Tangle network.

github
IOTA Dev hub
whitepapre

#2. Waltonchain (just translate it in chrome + they have got English version of the whitepaper).
They are using Blockchain + RFID so basically you can attach their chips to everything you want (not only electronic devices).

whitepapre

#3. Vechain
They are pretty similar to Walton. They want to create whole ecosystem where eveything is labeled by their chips.

whitepaper

#4. Modum
Similar to Walton and Ve. They are targeting logistics

whitepaper

#5 Request Network
This project has had it's ICO recently and looks like they are planing to do something with IoT as well. But couldn't find any more information so far.

#6 Universa
This project also claims to be useable for IoT
whitepaper

[michalmikolajczyk]

Hey @awareentity, thanks for adding that information in! That is great value!

Our requirements here:

• we need to be able to sync with a public blockchain, with no single authority over it
• the devices should be able to sync with the blockchain directly, taking into consideration that:
  -- there may be limited bandwidth (so we need very low overhead)
  -- computational resources may be scarce
  -- the devices might not have enough storage, to keep the full copy of e.g. Ethereum blockchain, even in pruned mode

what else?

Please also note, that we may choose to support different blockchains. We would then use some general methods, internal to our project, and allow for binding with the various blockchains' clients.

@awareentity, what do you think about all of that? And what do you suggest? :)

---

A PR (Pull Request) to the README file would be nice, to update it with all the information above

[awareentity]

also transaction speed is crucial as well as the costs of it. Take a glimpse at #6 Universa. There is a rumor that McAfee Coin will be build on it.

[michalmikolajczyk]

the scope of the task is not well defined; closing.