The birth of the internet in the past few decades has caused revolutions, chief among them being the liberalization of the access of information which was previously not possible on a global scale. From E-Commerce giants like Amazon and Alibaba, the way we conduct business and interact with one another has forever been changed by the internet. But now, the next phase of our journey on the back of the internet is about to take another dimension where machines connect and communicate with one another without human interference.
The single biggest industry that is fast emerging this century and one that is set to explode in the coming few years is the Internet of Things IoT.
This revolution that is set to happen will see the existence of an estimated 1 trillion IoT enable devices within the next 20 years. But as things stand today, this revolution does not come without the sense of trepidation as regards to the implications of securing these devices as we depend on them for everything from a pacemaker to the sensors that monitor our power grids. Identity theft, data breaches, and industrial espionage have been a negative side effect of the explosion of the internet, and the sense of urgency to find a lasting solution as the IoT world unveils itself is now more serious than ever.
The Augmate Rescue
Augmate is a blockchain based startup that seeks to realign the evolving IoT industry of the world and put it on a secure footing where we reap the unlimited benefits of this technology without suffering the tremendous consequences of it being breached by nefarious elements that plague other areas of technology.
Augmate is a platform that seeks to deploy the undeniable immutability, and security of the blockchain technology in order to create the one-stop safe haven where IoT devices can communicate with one another, and data exchanged with zero fears on them being breached or compromised by hackers.
The Augmate platform, unlike most other platforms, is a proactive platform rather than a reactionary one, as it is set to provide the IoT world with the security it needs to thrive before the problems that are set to bedevil it, cripple its growth and eventual value to humanity.
A Cost-Efficient Platform
The genius behind the Augmate platform is its use of the IOTA blockchain to build its service portal. What this means is that unlike the traditional blockchain where fees are still existent, the Augmate platform will allow IoT communicate with one another securely with the aid of blockchain but at zero fees.
As the IoT devices and sensors of the world multiply exponentially over the coming years, managing them and, and conducting day-to-day operations like Over The Air (OTA) updates will be a stuff of nightmare due to security concerns, and the Augmate platform is on the ground to put those security concerns to rest with the aid of the blockchain technology.