FIdesInnova Archives - FidesInnova

Fides Service Contracts: Unlocking Innovation and Monetization Opportunities

FIdesInnova, Internet of Things (IoT), Sharing DataDecember 11, 2023214Views 0Likes 0Comments

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…

FidesInnova Mesh IoT Network (MIoTN): A Revolution in Connectivity

FIdesInnova, Internet of Things (IoT), Mesh IoT Network (MIoTN), Sharing DataDecember 5, 2023189Views 0Likes 0Comments

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…

Decentralized Delegated Proof-of-Stake (D2PoS)

Blockchain, Consensus Algorithms, FIdesInnovaOctober 9, 2022125Views 0Likes 0Comments

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…

Fides Service Contracts: Unlocking Innovation and Monetization Opportunities

FidesInnova Mesh IoT Network (MIoTN): A Revolution in Connectivity

Decentralized Delegated Proof-of-Stake (D2PoS)

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