For the first time ever true micro and even nano-transactions are enabled due to the unique IOTA Tangle architecture, providing developers with a brand new set of tools for their applications in both IoT and Web.
Core feature of IOTA is the ability to transfer data through the Tangle. IOTA gives you several options to do so, making it possible to establish secure and authenticated communication channels between devices. All data which is transferred through IOTA is fully authenticated and tamper-proof - making attacks impossible.
Although IOTA is uniquely suited for the Internet-of-Things, the Tangle enables a variety of different use cases that involve secure data transmission, especially for eGovernance. An important part of this sector is e-Voting. The exploration into this field of use-cases has already begun by several companies and academics.
As the first extensible module of the IOTA core, MAM enables nodes to exchange data through the Tangle, fully authenticated and encrypted. This means that your devices can transmit valuable and sensitive data with quantum-proof security through the Tangle, ready to be analyzed later. MAM makes it possible to share data with multiple parties easily, similar to a radio, multiple parties can simply tune in on your frequency and get the broadcast data.
While the whole world has adopted the ‘Sharing Economy’ in areas like driving and accomodation, IOTA enables a whole new realm where anything with a chip in it can be leased in real time. Most of our belongings stay idle for the vast majority of time that we possess ownership of it, but through IOTA a lot of these things like Appliances, Tools, Drones, eBikes etc. and resources such as computer storage, computational power, WiFi bandwidth etc. can be turned into leasing-services effortlessly.
The distributed ledger revolution has only barely begun, the vast majority of use-cases has not even been thought of yet, and with the next generation ledger that IOTA created developers will be able to invent even more solutions.
Jim leads the engineering team of BiiLabs, building open source based commercial solutions for information infrastructure and robotics.
After involved in Android Open Source Project, Jim specializes in real-time and virtualization to bring Linux based robots to fit for the industrial requirements. He is the co-founder of LXDE project, a lightweight desktop environment widely used in embedded devices such as Raspberry Pi./p>
Lman is an IoT professional who has more than 16 years experience in this related field.
To consider him extraordinary from others, Lman always makes things unique and understands how to synergize from different domains.
Lman is highly educated with degree Master of EMBA from NCKU, one of the top universities in Taiwan.
Co-founded Wretch.cc in 2003, sold it to Yahoo! In 2007.
After years at Yahoo, he went on to found a series of new ventures including flyingV (crowdfunding platform, 2,000 projects with over NTD 600M seed funding), and NCTU Angel Club (20 portfolios with NTD 600M investment) and FungLy Capital (16 portfolios with NTD 500M investment, and had become a well-known serial entrepreneur and Angel/VC investor in Taiwan.