China Mobile to Unveil Blockchain Water Purifier

The device writes user behavior data to the SWTC public blockchain
09 January 2019   493

IoT-division of the world's largest mobile operator China Mobile has developed a water purifier, which uses the blockchain technology, CoinDesk reports.

A computer chip and an IoT module are built into the innovative water purifier. The device collects user behavior data that may be of benefit to manufacturers and suppliers. The device writes data to the SWTC public blockchain, developed by Jingtum, a technical partner of China Mobile.

Users can earn PWMC tokens, the number of which depends on the activity of using the device. For accumulated coins, you can purchase replacement filters for water purifiers and other products.

According to the product market director Xiao Yi, such a reward system is unique and effective. There are no such solutions in other devices of the Internet of Things. In addition, the new solution makes the blockchain technology available to the average user who does not spend all his time on crypto trading.

Our goal is to also attract those who are not in the cryptocurrency or blockchain community, who may have heard of this technology but not necessarily understand it. To embrace a more mainstream adoption, we need to turn something that appears professional into something that’s very ordinary.
 

Xiao Yi

Prodect market director, China Mobile IoT

The mass production of a new water purifier is still a distant perpective. The product can only be bought by participants in the crowdfunding campaign, which is held on the platform from JD.com.

VeriBlock to Report on Mainnet Launch

VeriBlock believes their technology allows networks of other cryptocurrencies to use the bitcoin blockchain to counter the “51% attacks”
21 March 2019   81

Using the bitcoin blockchain to ensure the safety of altcoins, the VeriBlock project announced the launch of the main network. This is reported in a press release.

According to the developers, the VeriBlock technology allows networks of other cryptocurrencies to use the bitcoin blockchain to counter the “51% attacks”. The project is confident that this approach not only ensures the security of less popular networks, but also allows their developers to focus on innovation and functionality.

According to analysts of The Block, 25–45% of bitcoin transactions fall on VeriBlock. The VeriBlock network uses a consensus algorithm called Proof-of-Proof (PoP). The project seeks to ensure the safety of other blockchains by loading a snapshot of the altcoin registry into the BTC blockchain, using the OP_RETURN function and other methods to embed network state data.

The project’s website states that PoP allows altcoin networks to use the most protected Bitcoin blockchain with its Proof-of-Work algorithm.