Iot Technology Quotes

A vulnerability in an organization's IoT microcosm is a "taunt" to exploit by malicious hackers

As technology advances, surly the older generation will feel that they have too much to handle. Young people growing up today, on the other hand, will experience IoT as something natural. The Internet of Things will help us, humans, to a great extent, not least environmentally but also to ensure safety.

In emerging technologies, security is the biggest threat, and common standards for communication and safety are improving, which means that risks will be minimised. We can only hope that man with this technology can actually stop the destruction of our planet, make the population healthier, and create a better future for all of us.

The question is no longer whether we use technology or not; it's about working together in a better way. Surrounding technologies like Siri, Alexa, or Cortana are seamlessly integrated into our interactions. We walk into the room, turn on the lights, play songs, change the room temperature, keep track of shopping lists, book a ride at the airport, or remind you to take the right medication on time.

If the technology platforms of the First and Second Industrial Revolutions aided in the severing and enclosing of the Earth’s myriad ecological interdependencies for market exchange and personal gain, the IoT platform of the Third Industrial Revolution reverses the process. What makes the IoT a disruptive technology in the way we organize economic life is that it helps humanity reintegrate itself into the complex choreography of the biosphere, and by doing so, dramatically increases productivity without compromising the ecological relationships that govern the planet. Using less of the Earth’s resources more efficiently and productively in a circular economy and making the transition from carbon-based fuels to renewable energies are defining features of the emerging economic paradigm. In the new era, we each become a node in the nervous system of the biosphere.

4IR is marked by emerging technological breakthroughs in a number of fields, including robotics, AI, blockchain, nanotechnology, quantum computing, biotechnology, Internet of Things (IoT), 3D printing, and autonomous vehicles.

The IoT market grows rapidly and it’s acceleration will continue in all major areas like Industrial Internet of Things; Digital Enterprise; Internet of Healthcare; Internet of Energy; Internet of Education; Digitalisation of global Supply Chains. Security concerns add to the IoT complexity. Strategically, to assure the system’s reliability & data / knowledge engineering, it is important to insure data integrity, availability, traceability, and privacy. A complex problem of digital transformation globally. The Internet of Things cybersecurity, therefore, is not a matter of device self-defence. What is needed is a systemic approach. Identify underlying patterns. Secure elements of a chain: from security of a device that creates, captures your data.. to the data storage.. to the back-end storage.. Create/ join IoT ecosystems, driven by protection with external monitoring, detection and reaction systems. It is a challenge - to secure systems.

If there’s one thing I’ve learned from working with all these large manufacturing companies, it’s that this shift can truly drive growth. What happened to the technology sector is going to happen to the manufacturing sector—I’m sure of it. Why? Because IoT allows you to rediscover your customers. It lets you learn what they really want. In fact, I would argue that the only true competitive advantage is your relationship with and knowledge of your customers. Think about it—what’s the first thing your competitor does when you put out a new product? It buys that product on the open market and sends it to the R&D lab, which then proceeds to dismantle it, benchmark it, and reverse-engineer it in a thousand different ways. Your competitors can’t do that with the collective intelligence of your customer base. That’s something that you, and only you, can own. It’s an incredibly powerful advantage.

By letting the IoT devices into our everyday life, it is not like we entered the zoo, but we released the animals into our world.

I don’t care how secure you think your organization is, I’ll social engineer my way inside in less than 24 hours regardless of the sophistication of your IoT microcosm security. Whatever obstacles I run into exploiting your technical vulnerabilities will be made up for by exploiting the vulnerabilities in the cyber hygiene of your staff.

Most IoT devices that lack security by design simply pass the security responsibility to the consumer, thus, treating the customers as techno-crash test dummies. James Scott, Senior Fellow, Institute for Critical Infrastructure Technology

We have the technical sophistication of Tinker Toy’s protecting the IoT microcosms of America’s health sector organizations.

The people of the world are astonished by the technology, inventions, innovations, and developments using artificial intelligence, IoT, big data, and machine learning but are ignorant of the powerful ability of the mind to visualize, comprehend, and manifest things. We always wondered things outside of us but not what is within ourselves so we could have maximized our gifted ability from God to mankind to optimum and true potential.

Oyelabs specializes in product solutions & development. We specialized in Idea prototyping, MVP development, customer software solutions. We put a strong focus on the needs of your business to figure out solutions that best fit your goal and get it done. We have expertise in Blockchain, IoT, Machine Learning/ Artificial Intelligence, Mobile Apps, and Web Apps.

Table Of Contents Introduction The Problem With Contracts The Smart Solution Distinctive Properties What You Need to Know What Is A Smart Contract? Blockchain and Smart Contracts Vitalik Buterin On Smart Contracts Digital and Real-World Applications How Smart Contracts Work Smart Contracts' Historical Background A definition of Smart Contracts The promise What Do All Smart Contracts Have in Common? Elements Of Smart Contracts Characteristics of Smart Contracts Capabilities of Smart Contracts Life Cycle Of A Smart Contract Why Are Smart Contracts Important? How Do Smart Contracts Work? What Does Smart Contract Code Look Like In Practice? The Structure of a Smart Contract Interaction with Traditional Text Agreements Are Smart Contracts Enforceable? Challenges With the Widespread Adoption of Smart Contracts Non-Technical Parties: How Can They Negotiate, Draft, and Adjudicate Smart Contracts? Smart Contracts and the Reliance on “Off-chain” Resources What is the "Final" Agreement Reached by the Parties? The Automated Nature of Smart Contracts Are Smart Contracts Reversible? Smart Contract Modification and Termination The Difficulties of Integrating Specified Ambiguity Into Smart Contracts Do Smart Contracts Really Guarantee Payment? Allocation of Risk for Attacks and Failures Governing Law and Location Best Practices for Smart Contracts Types Of Smart Contracts A Technical Example of a Smart Contract Smart Contract Use-Cases Smart Contracts in Action Smart Contracts and Blockchains In the Automobile Industry Smart Contracts and Blockchains in Finance Smart Contracts and Blockchains In Governments Smart Contracts And Blockchains In Business Management Smart Contracts and Blockchains in Initial Coin Offerings (ICOs) Smart Contracts and Blockchains In Rights Management (Tokens) Smart Contracts And Blockchains In NFTs - Gaming Technology Smart Contracts and Blockchains in the Legal Industry Smart contracts and Blockchains in Real Estate Smart Contracts and Blockchains in Corporate Structures - Building DAOs Smart Contracts and Blockchains in Emerging Technology Smart Contracts and Blockchains In Insurance Companies Smart Contracts and Blockchains in Finance Smart Contracts And Blockchains In Powering DEFI Smart Contracts  and Blockchains In Healthcare Smart Contracts and Blockchains In Other Industries What Smart Contracts Can Give You How Are Smart Contracts Created? Make Your Very Own Smart Contract! Are Smart Contracts Secure?

The fringe will transform the way we live, work, and interact with one another. The confluence of emerging technologies leads to breakthroughs in Ai, neuroscience, robotics, the Internet of Things (IOT), blockchain, nanotechnology, energy storage, and computing, to name a few.

Consider one scenario that some envisage in an IoT world, where a self-driving car that needs to get somewhere in a hurry can make a small payment to another self-driving car to let it pass. As discussed, you’ll need a distributed trust system to verify the integrity of the transaction, which may involve a lot more information than just that of the money transfer before it can be processed—for example, you may need to know whether the overtaking car is certified as safe to drive at the faster speed, or whether one car’s software can be trusted not to infect the other with malware. These kinds of verifications, as well as that of the fund balance in the paying car’s wallet, could be run through a blockchain log to check the validity of each side’s claims, giving each the assurances they need without having to rely on some certifying central authority. The question, though, is: would this transaction be easily processed if it were based on a private blockchain? What are the chances, in a country of more than 230 million cars, that both vehicles would belong to the same closed network run by a group of permissioned validating computers? If they weren’t part of the same network, the payment couldn’t go through as the respective software would not be interoperable. Other car manufacturers might not want to use a permissioned verification system for which, say, GM, or Ford, is the gatekeeper. And if they instead formed a consortium of carmakers to run the system, would their collective control over this all-important data network create a barrier to entry for newer, startup carmakers? Would it effectively become a competition-killing oligopoly? A truly decentralized, permissionless system could be a way around this “walled-garden” problem of siloed technology. A decentralized, permissionless system means any device can participate in the network yet still give everyone confidence in the integrity of the data, of the devices, and of the value being transacted. A permissionless system would create a much more fluid, expansive Internet of Things network that’s not beholden to the say-so and fees of powerful gatekeepers.

Even the U.S. government has shown its interest in this field, with the Department of Homeland Security awarding blockchain infrastructure builder Factom a $199,000 grant to develop an IoT security solution. It’s a small number by ICO fund-raising standards but a noteworthy vote of confidence in blockchain technology from a government agency. Factom’s model would create an identity log of data emitted by a device, including its unique identifier, its manufacturer, its update history, its known security issues, and its granted authorities. The idea is that if a device’s history of performance, permissions, and certification is recorded in an immutable ledger, hackers can’t alter the record to disguise a flaw they’ve exploited. It’s not clear how much oversight the U.S. government would have over the system. Context Labs in Cambridge, Massachusetts, is doing similar work to achieve what it calls “data veracity.” In various industries, it is pulling together consortia of interested parties to agree on open-data standards for APIs (application processing interfaces) that would allow parties to share data stamped with unique cryptographic hashes that provably identify the device and its owner.

Education 4.0, education for innovation is not an alternative to thriving in the digital age, the age of AI, quantum computing, big data platforms, IoT, cloud technology, and other digital technologies. Education 4.0, education for innovation is imperative to thrive in the digital age.

Here’s a compelling quote from Scott Pezza of Blue Hill Research on the topic: If you currently sell products that collect some sort of data (or could be retrofitted to do so) and there is someone out in the world who would find that data valuable, IoT is a new revenue source for you. If you sell physical products that degrade or need to be serviced, IoT means you can offer remote monitoring services, or preventative maintenance services—new revenue streams. In the alternative, you can increase the attractiveness (and value) of those products by giving customers the ability to conduct that monitoring and maintenance themselves. If you sell services that could be expanded if you only had access to more data, it’s new money. And if you sell technology to help sense conditions, facilitate secure communications, conduct analysis, manage service provisioning and billing, or forecast and plan revenue—this market is going to need you.

Understanding what 4IR is all about will help put into perspective how some of the world’s most cutting-edge technologies like Artificial Intelligence, Robotics, Blockchain, IoT, AR, 3D Printing and many others will impact your own life.

Michaela Jamelska is a tech entrepreneur, Nova founder, human rights advocate, and human rights delegate to the United Nations. She is highly involved in technology and human rights projects from the early stage of her professional career. Working in the deep-tech industry with a focus on smart cities, autonomous solutions, and IoT. She is always interested in innovation that can make a positive impact on today and future society. She believes innovation can be a driver for a better change if used in the right way and spent past years engaging in the intersection of technology, human rights, and positive global development.

Thing in Everything

The Frankensteined architectonic IoT microcosm of the prototypical critical infrastructure organization renders an infinite attack surface just begging to be exploited.

A CISO's job is to streamline, harmonize and propagate cybersecurity and cyber hygiene throughout the organizational IoT microcosm and staff

Perhaps most centrally, the blockchain is an information technology. But blockchain technology is also many other things. The blockchain as decentralization is a revolutionary new computing paradigm. The blockchain is the embedded economic layer the Web never had. The blockchain is the coordination mechanism, the line-item attribution, credit, proof, and compensation rewards tracking schema to encourage trustless participation by any intelligent agent in any collaboration. The blockchain “is a decentralized trust network.”194 The blockchain is Hayek’s multiplicity of private complementary currencies for which there could be as many currencies as Twitter handles and blogs, all fully useful and accepted in their own hyperlocal contexts, and where Communitycoin issuance can improve the cohesion and actualization of any group. The blockchain is a cloud venue for transnational organizations. The blockchain is a means of offering personalized decentralized governance services, sponsoring literacy, and facilitating economic development. The blockchain is a tool that could prove the existence and exact contents of any document or other digital asset at a particular time. The blockchain is the integration and automation of human/machine interaction and the machine-to-machine (M2M) and Internet of Things (IoT) payment network for the machine economy. The blockchain and cryptocurrency is a payment mechanism and accounting system enabler for M2M communication. The blockchain is a worldwide decentralized public ledger for the registration, acknowledgment, and transfer of all assets and societal interactions, a society’s public records bank, an organizing mechanism to facilitate large-scale human progress in previously unimagined ways. The blockchain is the technology and the system that could enable the global-scale coordination of seven billion intelligent agents. The blockchain is a consensus model at scale, and possibly the mechanism we have been waiting for that could help to usher in an era of friendly machine intelligence.

In a report released on the topic of IoT, Accenture notes that this technology “is driving innovation and new opportunities by bringing every object, consumer and activity into the digital realm”1. Being a tool that can only be used in physical environments, the IoT’s immense power means that this data-empowered category of technology can help swing the pendulum back towards brick-and-mortar shopping. As

Of all the IoT long-term investments a hotel can make, mobile key technology is, by far, the safest

IoT-Coming soon in a "THING" near you.