BLOCKCHAIN TO THE WORLD, PART I: ON THE EDGE OF DEMOCRATIZATION

#News(IoTStack) [ via IoTForIndiaGroup ]

[Editors Note: See Helium’s big innovation may be decentralizing certification ]

Thanks to space tech, we’re closer to IoT-blockchain ubiquity for larger industries. But we must keep our eyes set on real democratization.
In the case of IoT and blockchain, we are collectively on the precipice of an information revolution that nears the likes of the World Wide Web, invented in 1989 by Sir Tim Berners-Lee with democratization in mind. And while their existence and trajectory are not perfectly analogous, the web’s planned democratization provides a clear route to connective universality.

We are at this edge of IoT-blockchain ubiquity thanks to technologies like cellular satellite communications and WiFi. But what that connectivity lacks right now is accessibility — physically, tactically, and economically. Remote locations on land and sea are inaccessible, especially to those with limited budgets. To take IoT and blockchain to World-Wide-Web-levels of usefulness, what’s needed is a democratizing agent that can take the technology global, regardless of hurdles and borders.
“One of those key agents, we believe, are smallsats and the distributed storage that the Helios system is being designed to augment,” explains Scott Larson, CEO and Co-founder of Helios Wire.
With three complex industries — space, IoT, and blockchain — the challenges are manifold, yes, but the benefits are something that can provide change across potentially every industry on the planet. In fact, every individual.

“The Blockchain Internet Of Things (BIOT) market is estimated to reach USD 254.31 billion by
 2026,” concludes a recent study by Aftrex Market Research.
 “Various benefits such as accelerated data exchange, enhanced security, and reduced cost 
are expected to propel the market growth.” — Aftrex Market Research

“That vision will take nonstop cooperation and iteration,” says Larson. “The Helios system is designed to work in unison with existing connectivity options like LPWAN or LoRa networks in a way that takes that connectivity further into remote areas, both on land and at sea. Similar to the way that the web is accessible via fiberoptic networks, mobile, as well as dial-up connections. But with the ability to harness all connectivity options to get the job done.”

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