Blockpass and Chain of Things recently attended the Smart IoT Singapore conference to help promote the joint venture focused on the connection of human, company, and device identities. While the immediate focus of Blockpass is the development of a KYC/AML whitelist platform to support the compliant evolution of the blockchain, ICO, and fintech ecosystems, its origin and long term goals are founded in IoT and device identity.

This blog entry is about a small side-project that I've been working on for the last 6-months. Only recently did I get my act together and write it up.

Essentially it is a way to burn how much charge you have put into a battery that is transportable, and shareable with others by using an immutable blockchain. The blockchain acts as the truthstream river, and the portable battery itself is the transport settlement layer of the electrons.

Located in Cloud Expo Asia, Chain of Things is excited about being part of Smart IoT Hong Kong - a brand new Internet of Things (IoT) event. Join us on 24th & 25th May 2017 at HKCEC, Hong Kong with the top business leaders from across organisations and sector already developing IoT strategies

Pavel Kravchenko, cryptographer, information security and blockchain systems expert, will give a talk on blockchain utility in banking in general and specifically in regard to openbankit.com . Pavel is the Founder of Distributed Lab, Co-Founder of Attic Lab, Vice Chancellor of Kharkov National University of Radio Electronics, and former Chief Cryptographer at Tembusu Terminals. 

Most of the Chain of Things team turned out for our debut at the Smart IoT London 2017 event on March 15th and 16th at ExCel London event. CoTers there incuded Doug Irwin, Adam Vaziri, Conor Colwell, and Hans Lombardo. Our decision to partner with Closer Still Media turned out to be a resounding success based on the great deal of interest from attendees who came by our and booth and attended our presentations.

Professional services firm PwC has used news analysis to identify the top ten most influential technologies that combined form five game changing innovations.

Transparency Market Research predicts that the global blockchain technology market will grow at a CAGR of 58.7% from $315.9 million in 2015 to touch $20 billion by 2024. 

Kadena’s Blockchain uses ScalableBFT to offer high-performance (8,000-12,000 transactions per second) with full replication and distribution at previously impossible scales (the capacity for more than 500 participating nodes). This, along with the multi layered security model and incremental hashing allow for a truly robust blockchain. Based on Raft and Juno, Kadena embeds a full smart contract language (Pact) into its blockchain that can be run as either public (plain text) or private (Double-Ratchet encrypted) transactions. It is a huge step forward in the blockchain space, possibly representing a new-generation of blockchain technology entirely by it’s introduction of the idea of “Pervasive Determinism.”

The blockchain is essentially a database shared across thousands of computers that is cryptographically secured. It is a natural evolutionary step from traditional centralized server networks to distributed computing. Every computer or device in a blockchain network receives an updated copy of the ledger, and any changes to the ledger are reflected in every copy in minutes or even seconds. Security is maintained cryptographically through keys, signatures and a consensus of validators.

A few weeks ago in Wanchai, Hong Kong, Chain of Things held its first Chain of Shipping conference. Designed to give professionals from the shipping industry and blockchain developers a view into the needs and possibilities that they respectively held, the day was a busy event with plethora of information provided from both sides – blockchain developers and members of the shipping industry.