{"id":5442,"date":"2022-03-05T22:38:48","date_gmt":"2022-03-05T22:38:48","guid":{"rendered":"http:\/\/smart.onlinesarafi.com\/index.php\/2022\/03\/05\/ubique-chain-of-thingswhitepaper\/"},"modified":"2022-03-05T22:38:48","modified_gmt":"2022-03-05T22:38:48","slug":"ubique-chain-of-thingswhitepaper","status":"publish","type":"post","link":"https:\/\/smart.onlinesarafi.com\/index.php\/2022\/03\/05\/ubique-chain-of-thingswhitepaper\/","title":{"rendered":"Ubique Chain of Things\tWhitepaper"},"content":{"rendered":"<div readability=\"83.185975609756\">\n<p>Emergence of IoT and evoluation of supply chain<br \/>The Internet-of-Things (IOT) is a new generation network of computing systems,<br \/>objects and machines connected by sensors\/devices with sensing and actuating<br \/>capabilities. In the absence of human intervention, sensors in the IoT can<br \/>automatically collect and analyze information, thereby enabling communication<br \/>among all objects in the network.<\/p>\n<p>Supply chain, as a natural component of the IoT ecosystem, requires better<br \/>management and value transfer mechanism to achieve self-optimization in each<br \/>link and node along the chain.<\/p>\n<p>IDC forecasts that the world market for IoT solutions will grow from $1.9 trillion<br \/>in 2013 to $7.1 trillion in 2020. IoT Device shipments will reach 6.7 billion in<br \/>2019 at a CAGR of 61%. In addition, Mckinsey Global Institute estimated that by<br \/>2025, the economic impact of IoT application could reach $3.9 to $11.1 trillion.<br \/>According to GSMA\u2019s report \u201cHow China Is Scaling the IoT\u201d, China is the world\u2019s<br \/>largest Machine-To-Machine (M2M) market with 74 million M2M connections<br \/>and has now become the global leader in the deployment of IoT.<br \/>As the Internet-of-Things keeps expanding, the need for interoperability, security,<br \/>identity verification and resources sharing across numerous networks become a<br \/>necessity.<\/p>\n<p>1.2 The Problems<br \/>Current IoT systems have been developed based on a centralized architecture, in<br \/>which devices and equipment are connected through centralized servers residing<br \/>in the cloud.<\/p>\n<p>With the rapid expansion of the IoT network, billions of nodes comprised of<br \/>sensors and devices have joined the network, increasing the complexity of the<br \/>entire network. It is, therefore, becoming more and more expensive to maintain<br \/>an infrastructure sustained by centralized servers. Moreover, as the number of<br \/>devices increases, so does the chance of fraud and malicious attacks.<br \/>It is expected that in the near future an unprecedented flow of data collected by<br \/>these devices worldwide will be generated and processed quietly through the<br \/>execution of pre-programmed procedures with physical actuators, which will<br \/>manage more and more aspects of our lives. Therefore, without reliable IoT<br \/>interaction, data privacy, security and trust will become the priorities that need to<br \/>be resolved promptly when potential systemic failures could trigger disastrous<br \/>consequences.<\/p>\n<p>It is also believed that fundamental security risks will increase exponentially as<br \/>50 to 200 billion connected devices will come online by 2020.<br \/>Therefore, future IoT system should be designed to upgrade from expensive<br \/>centralized architecture to decentralized autonomous ecosystem without having<br \/>to worry about tampering of security parameters. Such an ecosystem should be<br \/>able to provide a trustful environment for cost reduction, device autonomy,<br \/>platform scalability, operational security, and redundancy against cyber attacks.<\/p>\n<p> <a href=\"https:\/\/www.ucot.world\" target='_blank\"' rel=\"noopener noreferrer\"> Ubique Chain of Things\tWebsite <\/a> <br \/><a href=\"https:\/\/www.ucot.world\"> Ubique Chain of Things\tWhitepaper <\/a><br \/><strong><\/strong><\/p>\n<p>Social<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Emergence of IoT and evoluation of supply chainThe Internet-of-Things (IOT) is a new generation network of computing systems,objects and machines connected by sensors\/devices with sensing and actuatingcapabilities. In the absence of human intervention, sensors in the IoT canautomatically collect and analyze information, thereby enabling communicationamong all objects in the network. Supply chain, as a natural [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-5442","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts\/5442","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/comments?post=5442"}],"version-history":[{"count":1,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts\/5442\/revisions"}],"predecessor-version":[{"id":5443,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts\/5442\/revisions\/5443"}],"wp:attachment":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/media?parent=5442"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/categories?post=5442"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/tags?post=5442"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}