Neoway and aitos.io cooperate on LTE Cat.1 cellular Blockchain IoT module solution drives integration of Blockchain and IoT applications!
Neoway has long been a pioneer in IoT module development and began its cooperation with aitos.io to explore Blockchain applications usage in 2019. As we fast forward into 2020, the impressive progress made by cooperating with aitos.io to integrate and embed the “BoAT” Blockchain Application Framework (Blockchain of AI Things) into Neoway cellular IoT modules has been impressive. The real value add of this cooperation is the realization for the ability to generate unique identity on the blockchain and data on-chain, and this could be represented as the equivalent of proving an ID card for a terminal device. Hence, we are witnessing the metamorphosis of revamping standard connectivity modules into a multi-functional, blockchain-equipped modules.
Neoway’s newest entry into LTE Cat.1 class of product modules is the N58, which has been fully-equipped and supported for “On-Chain” integration that allow derived data from the Internet of Things module to be trusted at the source of collection resulting in protection of data privacy and security for the related parties involved in that cooperation. Neoway’s Blockchain IoT module actually fortifies the differentiated advantage of an overall solution to help IoT vertical industries to achieve reliable intelligent and trusted Internet of Things.
Key Feature #1: Tamper-resistant Security
After collecting the data from IoT devices, a Blockchain IoT module then uploads this data into the cloud. Subsequently, it then uploads the data to each node in the blockchain for storage and backup. This helps to synchronize the information of each node, and maintains the consistency and integrity of the data.
Key Feature #2: Guaranteed Data Privacy
To tackle data privacy concerns, Blockchain IoT module can sign the data and then send the data signature, hash result, into the blockchain. After which, certain related consensus parties can view, audit, and verify the data as needed through permissions and privacy protection settings to ensure the data is safe, anti-counterfeit and sharable.
As Neoway’s technical partner in blockchain innovation, aitos.io CEO Mr. Leo Lin’s confidence in the prospects of applications that allow for the integration and innovation of Blockchain technology on Neoway’s cellular IoT modules couldn’t be more clearly visible. “ The proven result is that blockchain technology does empower cellular IoT modules to re-invent the path forward for the future of advanced global business application use cases for Blockchain IoT module. It can almost be written in stone that Blockchain IoT module will improve the credibility of data generated by IoT devices. Blockchain IoT module possess superior tamper-resistant security features, contribute to blockchain nodes that participate in consensus, and solve the credibility problem of certifying the data. Neoway’s deep experience in the field of Internet of Things will drive Blockchain IoT module usage and promote this sure integration of the Internet of Things + blockchain technology Innovation."
aitos.io is a technology startup focusing on trusted identity authentication and data privacy-preserving for AIoT enterprises. Capitalizing on the rich resources of the global IoT industry, aitos.io has been instrumental to successfully navigate the fragmented IoT vertical industry with an advantageous early adoption strategy for surging cellular IoT platforms. The mission statement of aitos.io includes the ability to leverage the global alliance of cellular IoT manufacturers to empower IoT device manufacturers to tap the value of applications and data. At the beginning of the project’s launch in the second half of 2018, aitos.io obtained angel investment from IoT industry expert groups and strategic investment from Wanxiang Blockchain aitos.io also became a member of the sixth phase of the ARM accelerator growth camp.
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