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Building a machine network based on blockchain to create a new IoT era

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4 years ago

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Mankind is entering the era of “connection of all things”

Recently, the Ministry of industry and information technology released the key industries and application scenarios of “5G + industrial Internet”, marking that China’s 5G application has shifted from exploration to promotion. 5G has three characteristics: high speed, low delay and wide connection, which will promote the consumer Internet forward to the industrial Internet, and finally build an intelligent world of “everything connected”.

The essence of industrial Internet is to use information technology to closely connect the equipment, production lines, factories, suppliers, products and customers in the industrial manufacturing industry, which is across the equipment, system, and region, so as to improve efficiency and promote the intellectualization of the whole manufacturing service system. The 5G application scenarios released recently, such as collaborative operation and flexible manufacturing, indicating the importance of industrial Internet to achieve broader and deeper social cooperation. It is through this large-scale cooperation that human civilization makes progress continuously.

Large-scale social cooperation could be divided into two patterns: the first is centralized, with hierarchical “command-feedback” chain and mutual principal-agent relationship as the core characteristics. The typical representatives are government, bureaucratic organizations and military units; the second type is decentralized, represented by market mechanism. There is no central planning or unified coordination. The participants of the mechanism, based on cost-benefit calculation, promote the overall interests through automatic division of labor and exchange. On the social level, the efficiency of decentralized market mechanism is higher than that of centralized command mechanism. In the future mass machine equipment connection (mMTC) network, a decentralized and value exchange based large-scale collaboration among machines can be realized by introducing market mechanism. Therefore, the industrial Internet in the digital era is not only the Internet of factory manufacturing, but also a distributed network and governance structure. All enterprises can safely join this network to realize manufacturing services, integrated innovation and value sharing.

Sharing mechanism in large scale machine cooperation

Although large-scale collaboration between machines has great value potentially, it still faces problems such as privacy protection, trust between agents and higher demand of computing power of large-scale collaboration.

Therefore, the solution design of the industry is to adopt the pattern of “machine network + blockchain”. The role of Cloud in traditional industrial Internet, such as using the smart contract based on the blockchain to realize the value measurement, distribution and settlement of large-scale cooperation. Finally, it would make the large-scale cooperation of cross-border and public affairs more credible and efficient.

1) Effective data confirmation

The reason why blockchain has become the key to the future industrial Internet is that it integrates technologies such as cryptography, peer-to-peer network, consensus mechanism, and forms a new way of data recording, transmission, storage and presentation, so as to construct a decentralized pattern, which can effectively confirm the data rights. In the industrial Internet, the integration of blockchain technology can solve the problem of mutual trust and cooperation among multiple players, as well as the problem of industrial enterprises’ control over their own data.

2) Reducing the transaction cost of multilateral platform

With the development of global market and the subdivision of supply chain, the participation cost of complex business activities is no longer “bilateral”, but “multilateral”, and the establishment of trust relationship is more and more expensive. Blockchain technology can build a peer-to-peer and unified platform for business activities. At the same time, it can significantly reduce one of the trust costs in transaction costs to be commercially feasible. Participants in business activities will move from traditional “bilateral platform” to “multilateral platform”. While scale effect is formed, the trust cost will not increase too much.Finally, it will be superimposed into an ecological effect, forming a viable business model.

3) To solve the problem of Isolated Data Island by privacy computing

Although blockchain can play a significant role in solving trust, cooperation and other problems in industrial Internet, it still has some defects in data value mining and privacy protection. Therefore, blockchain also needs to combine with privacy computing. Privacy computing can not only realize data sharing under privacy protection, ensure the authorization of privavy data, but also prevent malicious eavesdroppers or others from accessing the original data or data calculation results. In the industrial Internet, the core data is still kept in the enterprise. Under the premise of meeting the needs of data privacy security, privacy computing enables enterprises to use massive industrial data more efficiently and accurately, solving the problem of Isolated Data Island. Furtherly, it enhance the value of data in the process of sovereign ownership and rights sharing, and realize the two-way empowerment of various enterprises.

PlatON helps intelligent interconnection of Machine Networks

PlatON is a privacy computing network based on cryptography algorithm. As a global leader in blockchain industry, it can effectively solve the problems about Big Data managemen in the industrial Internet by its existing technical advantages, and provide a safer infrastructure based on privacy protection and edge computing capability. Firstly, PlatOn’s powerful encryption algorithm technology can provide trusted device authentication, multi-channel data transmission and data storage services for industrial Internet, and enhance the security of device system; Secondly, PlatOn’s new computing architecture can make full use of the computing resources of adjacent nodes, provide strong computing support for the industrial Internet, and comprehensively improve the timeliness of services. Finally, PlatOn’s privacy protection and multi-party secure computing (MPC) technology can support collaborative analysis of massive data and integration of diverse scenarios

On April 30, 2021, the PlatON privacy AI computing network obtained the community license with 80.6% support rate, and the current pre-deployment network has officially become the main network. PlatON will gradually establish a multi-agent collaboration and computing network for the future, and promote industrial civilization and human society from “interconnection of all things” to “intelligent connection of all things”.

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Alex Jacob

Alex Jacob is a literature author. He was born in Chicago. Alex passion is writing news articles. He writes number of articles and published it.

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Asagaia Launches its Gamified App known as 1xMM for DeFi Education & Trading

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2 hours ago

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April 1, 2025

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1xMM is a gamified DeFi mini-app that educates users on finance, simplifies trading, and fosters engagement, paving the way for a Metabank.

London, United Kingdom, 1st Apr 2025 – Asagaia Europe Ltd officially announces the launch of 1xMM, on their X account, an innovative gamified DeFi mini-app designed to simplify trading, educate users on financial concepts, and introduce next-generation trading tools. 

Set for release by the end of April 2025, this app working as an MVP for the coming exchange, aims to bridge the gap between traditional finance and decentralized markets, paving the way for a Decentralized Order Book Metabank that will redefine how users interact with decentralized markets and liquidity networks.

In addition, Asagaia, has launched its 1xMM Blockchain Token on Ethereum to support this new Ecosystem and is planning on a series of NFT’s by the end of the year.

 

Addressing the Complexity of DeFi

The decentralized finance (DeFi) market is experiencing rapid growth, with projections estimating an increase from $90 billion today to $350 billion by 2030. 

However, many users face barriers to entry due to the complexity of DeFi platforms. 1xMM seeks to lower these barriers by providing an interactive and engaging educational environment for users to explore DeFi trading safely and effectively.

The app provides a structured onboarding process that allows users to familiarize themselves with DeFi mechanics before transitioning to real-world trading. 1xMM is the first project of Asagaia that will eventually create a real order book same as we find in traditional finance.

Key Features of the 1xMM game

Simulated Trading Platform: Users can trade assets in a safe, practice-based environment, gaining real-world trading experience and test strategies without financial risk.

Gamified Learning Experience: Interactive tutorials guide users through essential DeFi concepts like staking, liquidity provision, and decentralized exchanges. This simplifies DeFI’s concepts through those learning modules.

Reward-Based Progression: Completing trading challenges unlocks incentives, making learning both fun and rewarding while easing the onboarding process.

Integrated DeFi Tools: The app serves as an entry point for new users while also introducing experienced traders to innovative trading strategies and tools.

Beyond its educational and engagement functions, 1xMM serves as the foundation for future developments in decentralized finance. The platform aims to facilitate the evolution of decentralized order books and perpetual staking pools. As DeFi adoption continues to expand, Asagaia Europe Ltd anticipates that 1xMM will play a key role in shaping the next generation of decentralized trading platforms.

The platform aligns with a growing trend of bridging traditional financial tools with DeFi innovations, similar to developments seen with platforms such as dYdX and GMX. By integrating familiar trading mechanisms with blockchain technology, 1xMM seeks to make decentralized finance more accessible to a broader audience.

About Asagaia Europe Ltd 

Asagaia Europe Ltd is a financial technology company dedicated to advancing decentralized financial solutions. With a mission to enhance accessibility and innovation in DeFi, Asagaia Europe Ltd develops products that empower users to engage with blockchain-based financial ecosystems.

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Prestige Yacht Rentals Announces 2025 Summer Season Availability for Private Boat Rentals on Lake Michigan, Chicago IL

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2 hours ago

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April 1, 2025

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As summer kicks off in Chicago, Prestige Yacht Rentals invites locals and tourists to experience the city from the water. Operating out of Diversey Harbor, the company offers a fleet of 8 premium yachts ranging from 31′ to 46′. Ideal for events and leisure cruising, each charter includes top-tier amenities and flexible pricing starting at $150/hour. With demand rising for Chicago Playpen boat rentals and private yacht charters, early reservations are encouraged for peak weekends and holiday events.

Chicago, IL – March 2025 – Prestige Yacht Rentals, a private boat rental service based in Chicago, has officially opened bookings for the 2025 summer season. Operating from Diversey Harbor, the company offers a fleet of eight vessels ranging from 31 to 46 feet, providing charter options for a variety of group events including corporate outings, private celebrations, and lakefront cruises.

With convenient access to popular destinations such as the Chicago Playpen and the Chicago River, Prestige Yacht Rentals continues to serve both local residents and visitors seeking an unforgettable way to explore the city’s waterfront. The company emphasizes safe, private charters with weekday pricing starting at just $150 per hour.

“Chicago summers are all about making memories on the water,” said Nasco, owner of Prestige Yacht Rentals. “Our goal is to offer an elevated yet affordable boating experience for those looking to enjoy the city from a different perspective.”

What to Expect Onboard:

Each vessel comes equipped with Bluetooth sound systems, a floating lily pad for added fun, and spacious decks perfect for socializing—everything needed to create the ultimate summer experience on Lake Michigan.

Important Rental Information:

A USCG-licensed captain is required for every charter. Captains are not included in the rental price and are hired separately at an average rate of $100–$150 per hour.

The legal capacity is 12 guests per vessel, not including the captain.

Weekend charters follow a fixed schedule with limited availability due to high demand.

Advance reservations are highly recommended, especially for Memorial Day Weekend, Fourth of July, and the Chicago Air & Water Show.

Now Accepting 2025 Charter Bookings:

Whether you’re celebrating with friends or exploring the lakefront in style, Prestige Yacht Rentals makes luxury boating in Chicago easy and memorable.

For more information or to inquire about availability, visit www.prestigeyachtrentals.com or follow @PrestigeYachtRentals on Instagram and Facebook.

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Doulos Digital Elevates Conroe Businesses with Comprehensive Digital Marketing Services

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2 hours ago

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April 1, 2025

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Doulos Digital announces its comprehensive digital marketing services tailored for Conroe, TX businesses, offering expertise in SEO, PPC, and social media marketing to drive growth and enhance online presence.

Montgomery, Texas, United States, 1st Apr 2025 – Doulos Digital, a leading digital marketing agency, is proud to announce its tailored suite of services designed to empower businesses in Conroe, Texas, to thrive in the digital landscape. By offering customized strategies in search engine optimization (SEO), pay-per-click (PPC) advertising, and social media marketing, Doulos Digital ensures that local businesses can effectively reach their target audiences and achieve sustainable growth.

 

Empowering Conroe Businesses with Tailored Digital Strategies

In today’s fast-paced digital world, a robust online presence is crucial for business success. Doulos Digital specializes in creating personalized digital marketing plans that align with each client’s unique goals and market dynamics. By understanding the specific needs of Conroe businesses, Doulos Digital crafts strategies that enhance visibility, drive traffic, and increase conversions. They are a leading Conroe digital marketing agency.

Comprehensive Digital Marketing Services

Doulos Digital offers a wide array of services to support businesses in Conroe:

Search Engine Optimization (SEO): Utilizing advanced SEO techniques, Doulos Digital improves website rankings on search engines, making it easier for potential customers to find local businesses. This includes keyword optimization, quality content creation, and technical SEO enhancements.​

Google Ads Management: As a certified Google Ads partner, Doulos Digital designs and manages PPC campaigns that deliver immediate visibility and targeted traffic. By focusing on high-intent keywords and continuous optimization, clients experience a significant return on investment.​

Facebook & Instagram Ads Management: Leveraging the power of social media, Doulos Digital creates engaging ad campaigns on platforms like Facebook and Instagram. These campaigns are designed to reach specific demographics, fostering community engagement and driving sales.​

Website Design and Development: Recognizing that a website serves as a business’s digital storefront, Doulos Digital offers custom WordPress website designs that are responsive, fast, and SEO-optimized.

Proven Success in the Conroe Community

Is your business looking for a digital marketing agency in Conroe, TX? Doulos Digital’s commitment to the Conroe community is evident through its successful partnerships with local businesses. By implementing data-driven strategies and staying abreast of the latest digital marketing trends, Doulos Digital has consistently delivered measurable results, helping businesses increase their online presence and customer base.​

Client-Centric Approach

At the heart of Doulos Digital’s operations is a dedication to client satisfaction. The agency collaborates closely with clients, ensuring transparency and alignment throughout the marketing process. Regular performance reports and open communication channels allow clients to stay informed and involved in their digital marketing initiatives.​

About Doulos Digital

Founded by Preston Toor, Doulos Digital has established itself as a trusted partner for businesses seeking to navigate the complexities of digital marketing. With a team of experienced professionals and a passion for innovation, Doulos Digital remains committed to delivering exceptional service and results to the Conroe business community.​

Contact Information:

Preston Toor
Doulos Digital
Phone: (689) 500-3603
Website: https://doulosdigital.io/

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