Taking IoT into the Future: Cartesi Joins Forces with IoTeX
December 02 2021 - 8:00AM
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With an upcoming Ideathon for Dutch Blockchain Week, the
collaboration will provide innovative IoT services with all the
safety and security benefits of blockchain technology This year has
seen the near infinite applications of blockchain technology
continue to positively impact the world and the thousands of
businesses within it, with growth in the industry not set to pause
anytime soon. Supply chain, hospitality, medical data, payment
systems and more already benefit greatly from updated and
decentralized systems; the blockchain devices market, in
particular, is expected to grow to over $2,459 million by 2026; a
CAGR of 38.5%. The IoTeX blockchain is a leader in this field,
already powering real devices, including award-winning
blockchain-powered cameras from Consumer Electronic Show (CES) and
the Pebble geo device, which is perfect for supply chain
optimization in any industry. A multiple award-winning
EVM-compatible blockchains for the Internet of Things (IoT), IoTeX
was founded in 2017 and fuels the Internet of Trusted Things, as an
open ecosystem where humans and machines can interact with
guaranteed trust and privacy. This week an exciting partnership was
forged between IoTeX and Cartesi, a platform that integrates the
world-renowned Linux and other standard programming environments to
the blockchain. As “The Blockchain OS” Cartesi bridges the gap
between mainstream software and blockchain, welcoming millions of
new startups and their developers to a rapidly expanding industry,
offering them a home for their code. A powerful duo This
collaboration will, in the near future, see implementations of some
of the first use cases with Cartesi’s pioneering technology and the
IoTeX infrastructure, performing technical integrations that will
enable both teams behind the partnership to address much more
sophisticated IoT-oriented solutions. Cartesi and IoTex will kick
off their partnership with an Ideathon during The Dutch Blockchain
Week, which runs from December 6th until December 10th, 2021. The
Ideathon will invite participants to come up with a use case for
the IoTeX pebble that will solve a problem or interesting challenge
experienced in everyday life. Participants will ideate a Web3 use
case that uses real-world data from IoTex’s Pebble Tracker and the
off-chain computing resources from Cartesi; using real-time data,
public datasets, and Cartesi’s Linux-based blockchain OS, they
design an “if-then statement” that executes a smart contract
depending on insights gleaned from the data type of choice. Example
use cases are plentiful: Weather insurance could take real-time
temperature data from a Pebble Tracker which is cross-referenced
against the 10-year historical average temperature within Cartesi’s
off-chain compute environment, or real-time GPS data from a vehicle
equipped with a Pebble Tracker could be cross-referenced against
public map datasets within Cartesi’s off-chain compute environment
to provide a trusted trip for millions of travelers. Alongside a
public community vote, the panel has a jury that will help in
deciding on a winner. Empowerment for developers, new possibilities
for end-users of IoT devices By bringing a Linux OS to the
blockchain, Cartesi has already unlocked a rich set of
possibilities for what can be developed for people and businesses
in future years. With this new collaborative effort, new
experiences will be created for users of IoT technology; Cartesi OS
has the potential to add a layer of privacy as well as more
sophisticated data ownership management to IoT, giving users the
option to choose when, where, and with whom their data is shared.
With the reduction of the environmental impact of blockchain
technology a hot topic this year, both teams are planning to
combine their expertise to create sustainable yet impactful future
solutions for decentralized IoT; Through the partnership, both
projects want to bring their respective communities of developers
up to speed on the potential of their combined technologies. “IoTex
is an environmentally friendly-oriented blockchain,” says Cartesi
CEO Erick de Moura. “We combine their blockchain technology,
expertise on IoT, and hardware devices with our Layer-2
environmentally friendly blockchain agnostic technology. The
integrated framework will promote a more powerful development
framework for our communities, developers, and any companies
interested in building fully trusted IoT solutions.” Those
interested in the future of IoT and blockchain are invited to join
the Cartesi and IoTeX teams at the upcoming virtual event. Follow
Cartesi or IoTeX on Twitter to keep updated on when sign-up opens
or register for Dutch Blockchain Week now to stay in the loop on
other interesting talks and events.
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