ELROND  ♥  USE CASE

The Internet of Things and the blockchain

Whether in private or business environments, the Internet of Things is networking physical and virtual objects. Smart watches, for example, can communicate with fitness applications and health databases via 5G and ensure a healthier life.

Smart Contracts in the Internet of Things

As a central driver of digital transformation, the Internet of Things is revolutionizing the economy and everyday life.

Smart contracts are mostly used to control the exchange of data between products and applications.

They enable, for example, automated purchase contracts, transactions, billing, and the management of the hardware used.

Blockchain & Security

In the Internet of Things, many transactions contain sensitive data. Security is therefore of central importance.

The cryptographic encryption methods of the Elrond blockchain – with the Secure PoS consensus method – are particularly suitable for the realization of your IoT project.

The decentralization of data and network nodes (servers/PCs) ensures a high level of fail-safety.

The so-called “single point of failure”, for example due to a server failure, is excluded.

The Internet of Things in private use

01

Blockchain & home comfort

In modern new buildings, smart home devices control the air-conditioning technology and ensure optimum shading and light output, for example.

This increases domestic comfort and noticeably reduces operating costs.

02

Blockchain & Quality of Life

Blockchain technology enables technologically advanced assistive devices for people with visual, hearing or mobility impairments.

This improves their quality of life.

03

Blockchain & Fitness

Blockchain technology can be used to implement customized fitness applications, for example with interfaces to health data and medical recommendations.

Wearables, such as fitness wristbands for pulse measurement and step counting, encourage people to exercise or automatically sound the alarm in the event of cardiac arrhythmia. The range of possibilities is enormous.

The Internet of Things in Industry 4.0

01

In pharmaceutical companies, clinics and medical practices, IoT technology controls the quality assurance of medications by monitoring storage temperatures and transport routes.

Smart beds detect whether patients leave their beds and, if necessary, sound the alarm to the nursing staff.

02

In supply chain management, smart technologies use M2M communication to monitor the condition and position of goods or equipment, for example, to automatically trigger ordering processes or maintenance and repair orders.

03

On farms, sensors detect when animals run out of water or food. A pulse ensures automatic refeeding according to need.

04

In the entertainment industry, smart technology analyzes crowds at events to avoid critical situations such as crowded entrances.

05

The Elrond blockchain provides operators, regulators, investors and insurers with accurate information about the condition and ownership of their assets.

This enables asset management to derive maintenance measures and automate maintenance processes.

More about the Elrond blockchain

Let us show you why we are convinced of the Elrond blockchain technology.

Functional Comparison

Elrond is a high-performance blockchain technology based on the proof-of-stake consensus mechanism. It was developed to eliminate vulnerabilities of other blockchains. Actually, we claim that Elrond is the best blockchain technology in the world.

Start the comparison …

Orientation Call

Would you like to learn more about the potential of the Elrond blockchain for your company? Our experts will be happy to advise you. Free of charge and without obligation.

Please contact us …

Cost Calculator

Calculate your transaction costs with the Elrond blockchain compared to other transaction technologies like Paypal or credit card. You will be amazed!

Start the calculator …

Blockchain Check

Find out how your business can benefit from using the Elrond blockchain in just a few clicks!

Start the check…

Advantages of the Elrond blockchain

Blockchain Technology
Transactions without intermediary, fail-safe through decentralization, protection against manipulation.

More on this topic
Adaptive State Sharding

More than 15,000 transactions per second possible, scalable upwards for maximum performance.

More on this topic

Secure Proof of Stake
Optimal protection for sensitive data and information as well as an improved eco-balance.

More on this topic
Low costs

Minimal transaction costs to ensure your competitiveness and optimize your pricing strategy.

More on this topic

Adaptable Smart Contracts

Automatic transactions and payments according to defined rules and conditions. Smart, isn't it?

More on this topic

Elrond ecosystem

Extensive network of validators, developers, investors, research partners and exchanges.

More on this topic

Let's talk about Elrond and the Internet of Things.

Want to learn more about the potential of the Elrond blockchain for the Internet of Things?
Contact us for an orientation meeting. We look forward to hearing from you!

Kontaktformular Englisch Gold
*

istari vision contact phone

We are also available by phone and will be happy to call you back!

Phone: +41 415 11 777 1
E-mail: hello@istari.vision

Your data will only be used to contact you and will not be shared with third parties. For more information, please see our privacy policy…

.

References

Visit Elrond and Istari Vision customers and partners

Privacy
When you visit our website, information from certain services, usually in the form of cookies, may be stored via your browser. You can change your privacy settings here. Please note that blocking some cookies may affect your experience on our website and the services we offer.