(Wise) Blockchain platform of demand
By providing some blockchain, it is intended to reduce the workload of a blockchain which is considered too heavy to accommodate a lot of IOT devices connected so that it can make the chain heavy. In a number of blockchain, the workload can be split according to some groups and this can increase power efficiency and improve system performance. Many types of devices connected to a blockchain network, WPBMN must manage all IoT devices to stay connected to the system. Each transaction made in the blockchain system must be configured and optimized by various types of connected devices. WPBMN must ensure that every process performed does not reduce the power of the device and its memory and determine which devices can be used as nodes to ensure that the network connection continues. By strengthening and developing blockchain technology, WPBMN needs to make a simple system, developer, and easy-to-use for every user. Blockchain and smart contracts are designed by WPBMN to make it easy through a variety of programming languages and nodes that certify transactions. Changing money in money should take place smoothly from one chain to another.
The blockchain technology system was first introduced by the Bitcoin platform. Initially the data system applied cryptography commonly used at that time in the data structure and agreement algorithm to implement a more reliable distribution system. It is then solved by the solutions provided by the blockchain system and the algorithm of the digital Bitcoin algorithm. Over time, the blockchain system is not only fixed on cryptocurrency (digital currency) again, but its application is developed with smart contracts (smart contracts) and the concept of IoT (Internet of Things). At the time the new application was developed, it was largely based on new developments in data structures and consensus protocols. The purpose is to solve application-related issues and usability.
The Wise Platform created a technology called the Wise Network to take advantage of all of these creations to build a blockchain itself. In addition, this platform is also designed with a solution called Wise ‘Public Blockchain Mesh (WPBMN). WPBMN is designed with the aim of connecting each device using IoT technology and provides the means to support M2M technology. there are several things designed by WPBMN to achieve these goals, including real decentralized ability to create, sorting out tasks, portable, user-friendly, connected, flexible, compatible blockchain, and design prepositions. Seeing the unusual use of the blockchain system that is growing from time to time, the possibility of system damage may occur. The server may encounter errors at any time due to the increase in the number of users. It is a concern for the Wise platform to predict this unavoidable. With WPBMN, Wise is designed with a technology that can have a large number of users to access and consistently build to fit the IoT range. With the increasing complexity of IoT technology, different systems should be involved to support each of the different IoT devices and ensure that only newly-accessed communications the user can accomplish properly. Subsystems and sub-chains are required to improve privacy, control and network reliability.
The wise network is an ambitious project that aims to utilize block chain technology in order to empower IoT (internet of things) and M2M (machine-to-machine) economy. The internet of things are basically devices that are connected to the internet, or a network does that not include smart phones, laptops, personal computers or tablets.
We might not realize it, but as technology grows ever more advanced, more and more things become interconnected in a global web. When we talk about being connected, we automatically assume computers, laptops and smartphone accessing a web browser in order to browse the web. And you are not wrong. The internet is a global network of devices receiving and transmitting information to each other. Some devices can process more information than other, such us our computers. But even simple devices such as printers, camera systems and even coffee machine can form a network. These in turn give way to smart home where most of the things in the house are connected to each other, responding to speech, or some other form of user input and will behave according to their own functionalities.
In 2017, the annual global market for IoT was estimated to be $110 billion. By 2025, this market is predicted to be around $1.5 trillion dollars. This equates to an annual growth of about 39%. This double digit growth is astounding to say the least and has massive potential. Traditionally the, the technology that is used to connect these devices together are a combination of short and long ranged wired and wireless communication methods. The most prominent being local personal area networks, such as bluetooth, which make up over 50% of the current methods for IoT devices to communicate to one another.
The way that IoT exists now, not every IoT device can directly communicate with one other due to compatibility issues of one kind or another. What the Wise Network plans to do is facilitate a way for these devices to directly communicate with one another by imbedding a universal chip that will unify the communication protocols between devices. By using the ANSUZ Chip, any device is able to send and receive information from another device in the network. The implications of this are literally limitless.
For more information about WISE check the links below
Website => https://wise.cr/
Whitepaper => https://wise.cr/docs/Wise-Network-Whitepaper.pdf
ANN Thread => https://bitcointalk.org/index.php?topic=5101714
Telegram => https://t.me/wisecr
Facebook => https://www.facebook.com/WISE-Network-567111977077858/
Twitter => https://twitter.com/network_wise
Linkedln => https://twitter.com/network_wise
Github => https://github.com/GBTTech/wise-erc20-token-smart-contract
Youtube => https://www.youtube.com/channel/UC9uQAInb_3IdCCa5L2up3NQ
Bitcointalk User Profile => https://bitcointalk.org/index.php?action=profile;u=95863