Bringing IoT Devices to Market: The Challenges The journey to launching an IoT device is often long and complex. Many innovators with groundbreaking hardware ideas struggle to bring their devices to market, not because of their technical expertise in hardware, but due to the immense software infrastructure required. Developing and maintaining software platforms, hiring teams…
In today’s era of technological innovation, digital twins are revolutionizing industries by creating virtual replicas of physical assets, enabling real-time monitoring, analysis, and optimization. Applied to buildings, a Building Digital Twin (BDT) offers transformative advantages for the management and operation of infrastructure. This virtual replica integrates data from sensors to monitor, simulate, and optimize building…
In the ever-evolving digital landscape, data is becoming one of the most valuable assets. Whether it's environmental data collected through IoT sensors or personal usage patterns, the potential for data-driven insights has never been greater. At FidesInnova, we are not only creating verifiable computing solutions for IoT devices to make the generated IoT data trustworthy,…
The FidesInnova Service Market is a decentralized market where users across various service contracts provided by different IoT servers, such as TrustSense, EnergyWise, and MotionCertified, can discover, purchase, and deploy pre-built service contracts. The Service Market facilitates the sharing and monetization of service contracts and offers a wide range of solutions for various industries.
Features:…
Service contracts automate and manage agreements between different IoT devices and users in the FidesInnova ecosystem, enabling them to share data or function based on other IoT devices' data. These contracts allow IoT devices to expand their functionalities and actions based on data received from other devices, enable users to trust data from IoT devices…
Decentralized Delegated Proof-of-Stake (D2PoS) represents a sophisticated evolution in the realm of blockchain consensus mechanisms, addressing inherent challenges within the earlier iterations of Delegated Proof-of-Stake (DPoS). While DPoS introduced a more energy-efficient and scalable alternative to Proof-of-Work (PoW) consensus, it also introduced concerns about centralization due to the limited number of block producers, commonly referred…
Web 3.0, often touted as the next phase of the internet, represents a paradigm shift in how we interact with online platforms, data, and services. It's an evolving concept that aims to redefine the internet by focusing on decentralization, enhanced user control, interoperability, and privacy. This transition marks a departure from the current model of…
FidesInnova introduces a groundbreaking feature – Fides Service Contracts. Service Contracts are scripts designed to encode business logic between IoT devices, enabling them to communicate and share data without a central authority. These contracts perform the same functions as Smart Contracts, but specifically within the decentralized IoT domain. Executed through Fides Blockchain Nodes, Service Contracts…
MIoTN protocol development fixed the problems of traditional Wi-Fi connections. Traditionally, every IoT device (node) needed direct communication to the user’s router. It caused connection problems with scaling and deployment in large areas and required expensive Wi-Fi infrastructure.
In a mesh network, each device functions as an endpoint and simultaneously as a relay, creating a…
Consensus algorithms are the backbone of distributed systems, playing a pivotal role in ensuring agreement among nodes in a network. They facilitate the process of achieving a shared, consistent state in a decentralized environment where multiple entities interact without a central authority. These algorithms are fundamental in various fields, notably in blockchain technology, where they…
MQTT (Message Queuing Telemetry Transport) and its secure variant, MQTTS, are lightweight messaging protocols designed for efficient communication between devices in the Internet of Things (IoT) ecosystem. Developed by IBM in the late 1990s, MQTT has gained widespread adoption due to its simplicity, low bandwidth usage, and suitability for constrained environments.
MQTT operates on a…