As the Internet-of-Things keeps expanding, the need for interoperability and sharing of resources become a necessity. Billions of new devices are connected to the internet each year.
These devices like sensors, home appliances, connected cars and drones deliver economic value, but don’t have a way to engage in economic transactions. Device security is often insufficient, and privacy of information not guaranteed. A handful of large Web companies has control over the devices we use throughout the day and the infrastructure through which they communicate.
A decentralised approach is essential to enable the true sharing economy. Current blockchain technology offers part of the solution, however it doesn’t enable the required scale and frictionless micropayments for a flourishing machine-to-machine economy.
IOTA enables companies to explore new business-to-business models by making every technological resource a potential service to be traded on an open market in real time, with no fees.
The main innovation behind IOTA is the Tangle, a revolutionary new blockless distributed ledger which is scalable, lightweight and for the first time ever makes it possible to transfer value without any fees. Contrary to today’s Blockchains, consensus is no-longer decoupled but instead an intrinsic part of the system, leading to decentralized and self-regulating peer-to-peer network.
The unique IOTA Tangle architecture provides developers with a brand new set of tools for their applications in both IoT and Web. This nurtures brand new business opportunities for companies that prohibitive fees has kept in the realm of the impossible until now.
How can enterprise brands have a personal relationship with every single customer?
Enterprises are looking for online branding, training, and customer support channels that allow both profits and savings. Enterprises need to map, navigate and optimize the conversational landscape of millions of experts and learners.
Bots are replacing mobile apps as the next user interface platform. The bot market growth is exceeding app market growth and will leverage the 5bn+ user base of messaging apps.
However, nobody wants to talk with a robotic robot. This is the problem that Botanic is uniquely position to solve.
Botanic provides the tools to author, edit, and deploy multi-modal bots: namely mechanisms for personality, relationships and trust. Whether a chatbot, an assistant, or an avatar these conversational systems are highly social tools for knowledge exchange and dialogue markets. The team has decades' experience in VR and AI/NLP.
Botanic tools allow customers to deploy multi-modal, trusted AI personalities. These bots are unique in that they provide personality, relationships and trust. They deploy quickly and remember past user interactions.
‘[..] we don’t have the ability to develop and implement personality like Botanic!’, Senior Manager at Microsoft
40% of the UK population can’t access affordable credit whilst savers struggle to get good rates and flexible terms. Today’s centralised P2P lending platforms fail to fully address the problem because their narrow business models & risk profiling are still largely based on traditional methods.
New Fintech startups do little to address the fundamental problems of financial inclusion focusing rather on improving more superficial user experience.
Credit Unions accept more loans, and give better returns to savers and borrowers but they are siloed. We bring them into a common decentralised marketplace and allow anyone to create their own ‘credit union on a blockchain’ to self-serve savings & loans services with one another on both social & financial dimensions.
When collective buying is used by companies it has been shown to provide savings of between 9%-18%. But buying co-operatives are incredibly rare and their processes highly manual. Whilst the sourcing & procurement software market is a $3.5 billion market globally, no vendor offers a dedicated collective buying solution. Because of the limited solutions, only 15%-20% of the Fortune 1000, and less than 5% of SMEs, implement collaborative buying into their process.
We make it easy to both setup, join and run a decentralised and fully automated buying cooperative on a blockchain that plugs into a marketplace of buyers and sellers. We enable any group of people to self-organise and collectively purchase in a way that better serves both buyer and seller. Buycos, and their funds, once setup are governed by automated and incorruptible smart contracts.
Ticket fraud and scalpers (and their bots) bring misery to fans at every turn, while artists and venues struggle to build lasting relationships with fans without meaningful data about their customers.
The resale market has been allowed to grow unchecked, without much thought given to how best to ensure that effective markets function in the best interest of the industry as whole.
Ticketing around the world is a highly complex ecosystem of overlapping commercial interests, creative rights-holders, technology providers, and financial systems - a maze of interdependent, and sometimes conflicting, services and systems.
Almost everybody is unhappy with some aspect of the current landscape - even Governments are stepping in to protect customers. Something must change.
1 - A Not-For-Profit Foundation
An Open Tickets Foundation that is inclusive and cross-industry developing an open ticketing standard - this has backward-implementation capability for legacy systems. The full standard can be deployed on single or multiple data-agnostic shared distributed ledgers (blockchains).
2 - Data-First Ticketing Products
Products built around smart.tickets can improve the customer experience, and pave the way for producers, promoters, venues, artists, and ticketing providers to find new sources of revenue.
This approach allows for - and encourages - the convergence of the global multibillion dollar ticket sectors into a consumer-friendly, transparent, equitable and self-regulated network.
The combined consumer and commercial drone market is expected to be $17Bn+ in 2020. Currently, the commercial market is less mature than the consumer market, but, it is expected to contribute most growth in the future. Construction and agriculture are expected to be the biggest drivers.
There are however four key obstacles preventing widespread deployment of drones for commercial purposes:
- Technology - battery life, safety systems, autonomous capability
- Infrastructure - drones need to be visible to air traffic control, legal changes needed to allow unmanned drones in civilian airspace.
- Restructuring logistics - convenient ‘drone ports’, converged transportation networks
- Regulation - governments need to allow the operation of drones autonomously and beyond “visual line of sight” (BVLOS)
uVue has combined world-class regulatory, gaming, machine learning and AI expertise to create a new network management system to enable the autonomous operation of commercial drones from ‘PODs’ (‘Points Of Deployment’, aka ‘hives’) located at regular intervals throughout the area to be serviced. The key characteristics of the uVue network are:
- To manage a distributed network of fully automated drones. These drones may be operated by uVue or its partners or any other (licence paying) 3rd party operator.
- To meet all the stringent requirements of all regulatory authorities (e.g. EASA, CAA and DFT). uVue is working closely with these bodies so as to ‘set the bar high’ for competition.
- To provide full visibility, accountability and real-time data on all the drones (and their users) on the network.