IBM Chat bitcoin: block chain technology = solve the problem of networking defects

iot--, this is the hot word of the moment, but also the trend to come.

As the name suggests, the internet of things = objects connected to the Web: one, the core and the foundation is still the Internet; Several application scenarios: the hospital can monitor and regulate the patient's condition remotely, the factory can automatically handle the production line; The hotel can adjust the temperature of the room according to the guests ' personal preference. In the near future, the electronic devices in our lives and the usage scenes attached to them will be integrated into the cloud network. IBM as the Enterprise cloud market well-deserved hegemony-how to see the future trend?

Unlike many "regular answers", IBM is looking at the future of Bitcoin block chain Technology IBM said the company has invested a lot of resources in the Internet of things, and block-chain technology is the key to solving some of the core issues.

The traditional mode of Internet of things?

Collects information about all the connected devices from a centralized data center. But in this way, there are serious flaws in life cycle cost and revenue IBM that, in order to solve this problem, each device has to be self managed, so there is no need to do a lot of manual maintenance-which means that the operating environment of the device should be centralized , they are interconnected and form distributed cloud networks.

This pattern is sustainable-as long as the device is present, the entire network's lifecycle can become very long, while running costs can be significantly reduced. To build such a distributed cloud network, we have to solve the problem of node trust--in the traditional central system, trust mechanism is relatively easy to establish, after all, there is a central authority to manage all devices and the identity of each node. But for the potential number of Bai networked devices, this is almost impossible. IBM believes that Ben Cong's Bitcoin block chain technology can solve this problem satisfactorily: "The core of the solution is the block chain technology, which is the underlying technology of Bitcoin."

Block-chain technology solves the long known problem of Byzantine generals-it provides a way to create a consensus network without having to trust a single node. Bitcoin uses algorithmic engineering to ensure the security of the entire network, with which equipment can be completely independent of any human intervention in the financial markets. A set of algorithms generates its own Bitcoin purse, allowing it to trade with other algorithms (other wallets). This is a truth in the internet of things that all everyday household items can spontaneously and automatically finance activities with other objects, or the outside world, such as: your smart meter can help to generate more favorable electricity bills by adjusting the amount and frequency of electricity used.

IBM is exploring more possibilities with Bitcoin technology.