Slock.it: Enabling IoT and the Universal Sharing Network

Report Overview

Author: Alan Majer
Release Date: December 21, 2017

Abstract:

This case study investigates how the start-up Slock.it is deploying blockchain technology to enable a true sharing economy through its “universal sharing network.” It describes how the company’s inspiration came from an attempted high-tech heist and outlines the conditions necessary for such a sharing platform to succeed.

Related Content

Webinar: Blockchain, Artificial Intelligence, and the Battlefield of Things

Colonel James Allen Regenor (Ret), CEO of VeriTX Corp., and Brigadier General Blaine Holt (Ret), former deputy US military representative to North Atlantic Treaty Organization, discuss the nature of cyberthreats and opportunities to use distributed ledger technologies in combination with other digital innovations to protect lives and assets. It’s about the trivergence of AI, IoT, and blockchain in cyberwarfare. Topics include logistics under attack, adversarial logistics, Estonia’s use of data embassies (an excellent model for safeguarding global enterprise assets), fortifying government data pipes, and managing multi-domain operations where outerspace is a new domain for military and enterprise.

Read More

State of Enterprise Blockchain: A Mid-Year Review

This project reports on the state of the enterprise blockchain space. It begins with commentary on the state of the world writ large—from the pandemic’s effects on the economy and the global need for vaccinations to the K-shaped recovery and the consequences of helicopter money (e.g., inflation). It covers a series of developments relevant to enterprise users: the price volatility of cryptocurrencies, the shortcomings of consensus mechanisms for enterprise needs, the growth of stablecoins, the status of tokenless blockchains and blockchain-as-a-service offerings, and the latest on central bank digital currencies (e.g., China’s digital currency electronic payment initiative). It concludes with a summary of implementation challenges that enterprise applications must overcome to gain traction. It’s time for blockchain innovators to address enterprise leaders’ tough questions about use cases, regulation, criminal usage, and environmental harm.

Read More