Many projects put mining inside an IOT devices. They can only ship in thousands. Some project does not use mining to speed up transaction but still unable to deploy in million. The solution is the followings:
- IOTW does not increase IOT hardware cost
a. Most of IOT devices are sold to consumers who they are very price sensitives. Adding any cost will not work. Most projects actually put a whole mining machine inside the IOT devices. This drastically increase the cost of the device. Even DAG graph still need to run on micro-computer which still put addition tens of dollars on hardware. IOTW micro-mining software is small and can integrate into even a single wireless LAN chip without changing the hardware or increase any cost - IOTW does not require modification of hardware
a. Most of the IOT blockchain or DAG projects require new hardware which require devices manufacturer to put out a new hardware design and new testing/manufacturing process. IOTW only requires adding of firmware inside the IOT Devices which require very small firmware modification and testing change in the whole IOT manufacturing process - IOTW encourages end user to purchase IOTW enable devices by mining blockchain reward without adding hardware cost
a. By giving blockchain rewards to end user can create a market pull by end user provide that the cost of the devices does not increase or increase very little. Many projects do put mining into the IOT devices but unfortunately with high added cost.
b. Project like DAG graph does not provide end user encouragement - IOTW can deploy in nearly all IOT devices
a. Because of requirement of hardware changes, many IOT projects can only be deployed in one segment of IOT devices such as white good. IOTW is a light weight firmware on IOT devices. It can even run on single wireless LAN or other kind of connectivity SoC (System on a chip). It can be deployed in nearly all IOT applications such as TV, PC, cell phone, refrigerator, air conditioning, coffee machine, air purifier, rental bike, Electric car, security camera, set top box. The total volume is over a billion units per year. - Drive adaptation through semiconductor vendors and open SDK
a. In order to make easy adoption by IOT devices manufacturers, IOTW is working with semiconductor manufacturers who manufacture connectivity chipset such as wireless LAN, set top, TV, Microcontroller to integrate the IOTW firmware into their SOC. Each SOC is in 10s of million shipment.
b. IOTW also will release open SDK to allow IOT devices manufacturers to put micro-mining function into their devices without changing their hardware.