Wanxiang Blockchain Summit: aitos.io delivered a keynote about Business Innovation in IoT 3.0 age
The 6th Annual Wanxiang Global Blockchain Summit Internet of Things 3.0 themed Forum: aitos.io CEO Leo Lin delivered a keynote speech “When Blockchain Meets IoT：Building a Trusted IoT Data Infrastructure for Business Innovation”
The theme of the 6th Annual Wanxiang Global Blockchain Summit for 2020 was "Integrated Innovation" and was heavily attended by major global technology leaders, scholars and industry elites . The major mission at hand of these invitees was to jointly explore the latest developments in digital technologies such as blockchain, 5G, AI, and the Internet of Things. This innovative brainstorming activity kicks-off a plan to promote the implementation of large-scale commercial applications of blockchain technology to truly benefit emerging social and economic developments.
The upgrading of hardware equipment and the rapid development of digital technology have promoted the emergence of the Internet of Things 3.0 era. On October 28, the "Internet of Things 3.0" themed forum was held and 30 plus business representatives, well-known scholars and experts in the industry were invited to explore how to build and improve the trusted data infrastructure of the Internet of Things, into a fused innovative business module for "Blockchain + Internet of Things" use cases and application best-practices.
The 6th Wanxiang Global Blockchain Summit-Internet of Things 3.0 Themed Forum, was held on October 28th at the posh W Hotel along on the history Bund promenade in Shanghai. Leo Lin, CEO of aitos.io and exclusive partner of this Internet of Things 3.0 themed forum, delivered the closing speech for the all-day forum titled "When Blockchain Meets IoT: Building a Trusted IoT Data Infrastructure for Business Innovation". Leo pointed out that "Internet of Things + Blockchain" should evolve and flow from Technology to Business and finally into Ecosystem Convergence Innovation in order to jointly build a trusted data infrastructure. The key highlight of the speech was Leo’s announcement that the " BoAT+PlatONE IoT Data Enablement Platform"(jointly created by Wanxiang Blockchain and aitos.io) has now been officially released.
From "technology” to "business” to "Ecosystem integration innovation"
Mr. Leo Lin’s strategically-delivered summary speech detailed his reflections of aitos.io’s business model herein "aitos.io has developed a unique blockchain application framework BoAT (Blockchain of AI Things) SDK solution carried on the Internet of Things platform, and cooperated with well-established cellular IoT module manufacturers to run the blockchain based BoAT ( Blockchain o AI Things) solution. Module products allow more and more IoT devices to access blockchain services through the rapid digital transformation brought on by “Blockchain IoT Modules”, a new defacto-standard aitos.io is promoting internationally. Device data should be safely uploaded to the cloud, and also be recorded on the trusted blockchain. From technology integration to ecosystem innovation, aitos.io and their vertical industry partners have astonishingly built an ever-extending ecosystem around the BoAT blockchain application framework during the past 18 months. This has been accomplished through multiple levels of empowerment from chip architecture to the IoT chips and wireless modules as well as global telecom operators.
Wanxiang Blockchain and aitos.io jointly announced the official release of “BoAT+PlatONE IoT Data Enablement Platform”
At the meeting, Leo Lin, on behalf of both Wanxiang Blockchain and aitos.io, announced the official release of "BoAT+PlatONE IoT Data Enablement Platform". Leo illustrated, during in the official release, that "BoAT+PlatONE IoT Data Enablement Platform provides an end-to-end open capability structure for IoT + blockchain ecosystem to flourish; this is to be oriented toward each and every cellular module vendor member from the Blockchain IoT Module Alliance, plus various vertical IoT industry enterprises dedicated to build vertical market access for the module alliance members. The end-to-end open enablement platform of the blockchain ecosystem provides the PlatONE consortium blockchain data storage service of Wanxiang blockchain and the BoAT blockchain application framework of aito.io. Blockchain IoT modules and platform-based blockchain data services will work together to enable the traditional IoT industry with IoT 3.0 evolution. This serves to foster quicker transformation of existing use cases, while offering the launch of a blockchain and Proof of Concept pilot project opportunity. Adoption of this platform will offer the following three benefits to customers in the Internet of Things industry: (1) Shorten Time-to-market (2) Reduces the threshold to start using the technology (3) Lower overall costs. aitos.io will focus and emphasize business model innovation based on a trusted IoT data. aitos.io tenaciously works together with IoT industry experts and business representatives to compliment a bottom-up integration approach around the Internet of Things and the blockchain (two distinct ecosystems), in order to promote expanded exploration for the value of data.
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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