IBM Receives IoT Self-Servicing Blockchain Patent

The innovative devices are part of the Autonomous Decentralized Peer-to-Peer Telemetry ecosystem.

Following the establishment of a partnership between the American-based corporation and the other technology giant Samsung, the new Proof-of-concept (POC) for the ADEPT ecosystem was released. The patent was filed in June 2016 and was granted on September 18, 2018.

Because the Internet of Things (IoT) controllers are typically centralized, the IBM enterprise is confident that a replacement with a decentralized architecture will be able to offer better cost and efficiency of service delivery.

In addition, considering the self-servicing nature of the devices, they can diagnose themselves and automatically locate and perform solutions to a number of obstacles. This will inevitably improve the efficiency of the decentralized system.

The self-servicing loop enables the ADEPT peer to connect with one or more peers. The IoT system is enhanced with numerous features. Some of them are peer-to-peer messaging, file sharing, and inter-device coordination. The device coordination works as a negotiator for service contracts between trading partners.

The International Business Machines Corporation has ventured into many blockchain-related projects for the past year. At the beginning of September, IBM filed the necessary evidence and paperwork for another patent - a method for resolving drones' security issues.

Furthermore, IBM signed a $740 million contract for a five-year plan with the Australian government. Blockchain technology will assist in improving and automizing the federal departments.

The end of the summer was a busy period for IBM when in August the corporation competed with Alibaba – the Chinese e-commerce conglomerate for the first place on the blockchain-related patents list. With 90 patents, one more than IBM, Alibaba still holds the leading position.