IoT and blockchains. Input for debate.
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Transcript of IoT and blockchains. Input for debate.
IoT & blockchains Proposal for a sixth key innova3on field in the Era of Connected Reality (a short impulse for debate) Willi Schroll, strategiclabs Berlin – @wschroll Nov 10, 2015 – IXDS, Berlin Internet of Things Meetup 14
IoT is in it‘s infancy – but already highly complex
Source: Internet of Things Stack: Infographic – Postscapes (2015) hSp://postscapes.com/internet-‐of-‐things-‐stack
Source: Internet of Things Stack: Infographic – Postscapes (2015) hSp://postscapes.com/internet-‐of-‐things-‐stack
Source: Internet of Things Stack: Infographic – Postscapes (2015) hSp://postscapes.com/internet-‐of-‐things-‐stack
Source: Internet of Things Stack: Infographic – Postscapes (2015) hSp://postscapes.com/internet-‐of-‐things-‐stack
Source: Internet of Things Stack: Infographic – Postscapes (2015) hSp://postscapes.com/internet-‐of-‐things-‐stack
Blockchains: Non-‐technical perspec@ve
The blockchain lets people who have no par3cular confidence in each other collaborate without having to go through a neutral central authority. Simply put, it is a machine for crea3ng trust.
Source: The trust machine. The promise of the blockchain. Economist (2015) hSp://www.economist.com/news/leaders/21677198-‐technology-‐behind-‐bitcoin-‐could-‐transform-‐how-‐economy-‐works-‐trust-‐machine
Security is a main challenge in IoT – that has driven interest in blockchain technology
Driver: Crisis of Legi@macy (Don TapscoG)
Sources: A\er Jeep Hack, Chrysler Recalls 1.4M Vehicles for Bug Fix | WIRED hSp://www.wired.com/2015/07/jeep-‐hack-‐chrysler-‐recalls-‐1-‐4m-‐vehicles-‐bug-‐fix/ Refrigerator among devices hacked in Internet of things cyber aSack -‐ LA Times hSp://www.la3mes.com/business/technology/la-‐fi-‐tn-‐refrigerator-‐hacked-‐internet-‐of-‐things-‐cyber-‐aSack-‐20140116,0,5757808.story
Security gaps in IoT with serious physical effects
Example: IBM ADEPT (#DeviceDemocracy)
Source: Device democracy. Saving the future of the Internet of Things. IBM Ins3tute for Business Value. hSp://www-‐935.ibm.com/services/us/gbs/thoughtleadership/interneto\hings/ fig.2, p4
Source: Device democracy. Saving the future of the Internet of Things. IBM Ins3tute for Business Value. hSp://www-‐935.ibm.com/services/us/gbs/thoughtleadership/interneto\hings/ fig.4, p9
Source: Device democracy. Saving the future of the Internet of Things. IBM Ins3tute for Business Value. hSp://www-‐935.ibm.com/services/us/gbs/thoughtleadership/interneto\hings/ fig.5, p11
ADEPT Demo (IBM and Samsung)
Source: IBM & Samsung live demo of ADEPT | TheProtocol.TV (starts t=0:54) hSps://youtu.be/U1XOPIqyP7A?t=54s
The bunch of (non financial) blockchain startups are another indicator concerning the assumed poten@al of the blockchain.
25 blockchain startups beyond fintech ...
Source: hSp://blog.ventureradar.com/2015/09/08/top-‐25-‐non-‐financial-‐blockchain-‐startups/
Thank you for your aSen3on.
contact: schroll [at] strategiclabs.de info: hSp://strategiclabs.de networks: hSps://about.me/wschroll twiSer: hSps://twiSer.com/wschroll/ slides: hSp://de.slideshare.net/willi
Appendix
Background The Connected Reality 2025 report has been published in 2014 (Z_punkt GmbH). Five key innova3on fields have been iden3fied to understand IoT in the broader context of other technological developments. Maybe a sixth innova3on field with IoT affinity has emerged since then. It has to be explored what is relevant in the emerging intersec3on of IoT and blockchain technology.*
* I have been co-‐author of the report. Opinions are my own.