DIoT - Decentralized Internet of Things
A paradigm shift is emerging within a Decentralised Internet of Things.
Innovation is incremental, architectural and radical. Incremental changes are modest.
Architectural innovation refers to the transformational impact at a systems level; and radical refers to changes of a fundamental nature.
PingNET has been incrementally engineered to improve all elements of the IoT stack. Our work on power and cost-engineering led to Innovation Awards at MWC for low-power network technologies. A continuation of engineering excellence will be carefully applied to every advancement of the networking protocols.
We have taken the next step in cost and power-engineering where architectural innovation will facilitate a greater level of power-engineering, in order to drive down hardware and connectivity costs. PingNET will harness pre-existing digital and radio infrastructures to connect more devices. This shift will enable divergent business models, markets and use-cases.
Modifications to existing chipset and communication protocols will enable P2P computing at the edge. Synthesising current overlay networks will allow peer-to-peer communications. Distributed computing at the edge and application layer will help scale IoT networks. Decentralisation of the IoT stack will conceive a fundamental shift in the nature of how networks organise and operate.
IoT adoption cycles
IoT and M2M involve long and expensive adoption cycles that can take anywhere from fifteen to 24 months. These cycles are hampering innovation for SME sand many large organisations. PING changes the state of play and makes the onboarding process quick and simple.
A single download to a smartphone provides IoT connectivity and a gateway. Multiple downloads will form a dedicated edge-network. There are no subscriptions, no lock - in periods and no long cycles for device connectivity.
True scalability and the barriers to IoT adoption start to dissolve with PING; and the network enables divergent business models, by decentralising M2M and IoT bandwidth and computing reserves.
According to a GSMA report, most network operators view the price differential of IoT connectivity modules as an obstacle and one of the most substantial challenges in entry cost, which is a considerable barrier to adoption. Until the device costs see a significant decrease, IoT and M2M will remain a nascent field.
Decentralising the edge will aid a gradual phasing-out process of more expensive hardware, i.e. devices containing RF components, front-end modules, SIMs, antennas and all associated materials for radio communications.
Ping will facilitate the transmission of IoT device state data. This advancement will not only translate to notable cost-reductions for billions of devices but also reduce the carbon footprint for many industries. Organisations can tap into pre-existing digital infrastructure instead of consuming more expensive and finite resources.
Ping’s Seed Network and PingNET is being harnessed to transition and migrate device connections from many divergent use-cases. PingNET will be utilised in applications across industrial, consumer, indoor positioning, sharing economies, pharmaceutical, supply chain and logistics, automotive, construction and smart cities.
This is an area that PingNET will have high-volume deployments within several IoT networks. PingNET is catering to tracking projects in several different industries.
PingNET is changing the state of play for the logistics and MHE (Material Handling Equipment) industries by enabling massively scalable tracking solutions. There are tens of billions of assets within the MHE market that require connectivity to improve visibility and operations. PingNET is delivering the first cost-effective solution to serve this enormous market.
PingNET will help cities to extend their smart living, smart mobility and intelligent environment strategies. The citizens of the city can get paid for sharing connectivity and data events with their respective municipalities.
PingNET is facilitating automated logistics and smart facility management with a mixture of indoor positioning technologies and edge-protocols.
High-volume deployments of sensor technology are inhibited due to power, cost and connectivity constraints. PingNET will enable scale for monitering medical equipment and vials.
Smart agriculture is growing exponentially and with it, the requirement for low-powered devices and cost-effective connectivity. PingNET will enable the digitization process for agricultural supply chains. Fruit pickers can get paid for sharing connectivity and secure data with large scale suppliers and retailers.