Published on January 12th, 2020 📆 | 3625 Views ⚑
0Porch pirates stopped with IoTLock
A new product called IoTLock, from the company Itâs Here Inc., aims to put an end to this by allowing anyone to create their own blockchain-secured keypad devices for the home or office.
A blockchain is an expanding list of digital records, referred to as blocks. These blocks are linked using cryptography. Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data (whatâs called a Merkle tree).
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IoTLock is a software system and mobile decentralized application that can turn any keypad-enabled device into a blockchain-secured container with just a few pieces of hardware. With this technology, users can manage their locked devices, monitor multiple devices, and share or revoke access -- all without third-party providers collecting any data.
The solution works with mailboxes, delivery boxes, and safes, into blockchain-secured smart devices.
According to Kevin Barnes, Founder of Itâs Here Inc.: âNot only is this a simple and secure way to build a DIY-secured box, itâs also a robust and frictionless system suitable for commercial use.â
To develop the technology, Itâs Here Inc. worked with StreamIoTâ˘, which is a blockchain-powered platform where IoT devices store and protect data, device authentication and privacy.
Through the technology, companies can build other types of locking products, to secure deliveries and keep other items safe.
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