completed

P2P IoT Marketplaces - Adosia IoT

$40,000.00 Received
$40,000.00 Requested
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Community Review Results (1 reviewers)
Addresses Challenge
Feasibility
Auditability
Problem:

<p>P2P marketplaces do not exist for end-to-end custom IoT integrations. Creating such markets for IoT will create new economic opportunities</p>

Yes Votes:
₳ 281,473,108
No Votes:
₳ 41,286,803
Votes Cast:
1683

This proposal was approved and funded by the Cardano Community via Project F6: DApps & Integrations Catalyst funding round.

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Detailed Plan

This proposal will utilize Heidrun and Plutus smart contracts to scale out and build up the Adosia IoT profile market. The next frontier of IoT devices is blockchain integration and Cardano is the pioneer.

Adosia enables users to create, define and deploy custom WiFi control systems. As of right now, users will need to create their own IoT profiles for these systems. There does not exist a decentralized means to distribute these customized IoT profiles to the masses. If there existed a peer-to-peer IoT profile marketplace then it would help accelerate the proliferation of customized IoT deployments around the world by allowing new IoT user to quickly set up their IoT devices with expert grade configurations. The goal of this proposal is to design the smart contracts required for the marketplace, build IoT smart contract integration, and provide the ability for users to monetize their IoT creations on a decentralized blockchain.

How does a P2P IoT marketplace integrate with Cardano?

Every IoT device has nearly endless configurations applicable across a broad range of industries. Each one of these configurations is a customized user-created IoT profile, limited only by the user's imagination.

What we seek to do is to create a monetary marketplace such that these custom configurations could be sold and exchanged on Cardano. Each IoT Profile is textual information which means each configuration and/or configuration hash can be stored on the blockchain. If the information can be stored on the blockchain in an exchangeable way then it can be traded and sold between users on the chain. It will enable a global economic ecosystem around the world providing users with predefined IoT configurations for many different applications.

How do IoT devices and Cardano provide value for end-users?

IoT and blockchain will be leveraged by many different industries around the world. The ability to securely and safely integrate these technologies will be an accelerant for the rapid deployment of IoT devices and Cardano adoption around the world. Micro industries of profile creation, data submission, data aggregation and data monetization will materialize allowing end-users to benefit from being able to readily access experts' amazing IoT profiles to satisfy a wide variety of custom applications and requirements.

Budget Requirements

- frontend development to build out the marketplace GUI ($5k)

- backend development to build out the RESTful API for smart contract integration ($11k)

- lean Haskell development to build out Plutus smart contracts required for the marketplace and IoT device integration ($22k)

- hardware improvements + new sensors board spin (temp sensor) ($2k)

The goal is to build the P2P marketplace by the end of 2021 and a fully-fledged functional product going into the new year.

Deliverables

- Decentralized peer-to-peer IoT profile marketplace

- IoT smart contract integration

- IoT smart contract integration

Target public launch date: 12/31/2021

Definitions of success:

- after 3 months the implementation plan will be complete

- after 6 months all technical deliverables will have been met

- after 12 months we would like to see numerous new Adosia applications utilizing the Adosia IoT p2p marketplace

Kyle Solomon (FROG / WOLF) is a seasoned Cardano stake pool operator, developer and community contributor, a creator of spacecoins and jetchicken, co-founder of SPOCRA and the founder of the Adosia IoT open hardware project. Quinn (LOGIC) is an extremely talented developer now working full time in the Cardano ecosystem. Quinn and Kyle are both previous Catalyst Fund recipients. All funds will be used for development.

Background:

In 2018, having produced functional hardware, Adosia attempted an ICO with the goal of building to this whitepaper:

https://adosia.com/documents/adosia_whitepaper.pdf (new whitepaper coming soon)

Upon being contacted by regulators, Adosia opted to cooperate while moving to build out the Adosia IoT platform without funding - and we managed to build something better than originally intended while preserving the goal of aligning for tokenization on Cardano

Adosia is now a fully functional end-to-end utility application enabling users to create, define and deploy custom WiFi control systems - this requires the user to have minimal hardware experience and zero software development knowledge - most of our customers are using Adosia to deploy (and monitor) custom cultivation and gardening applications - though many are using it for natural gas/smoke detection, motion control, and a variety of hobby applications (motion-activated Christmas tree lights, makeshift security, etc).

Enter Cardano:

Adosia's ADO token / Goguen positioning predominantly entails enabling users to sell/monetize their IoT creations within a p2p marketplace via offering packages of "IoT device operating profiles" which other users can purchase/license to enable their own open hardware - as one example our Canadian cannabis customers can monetize their cultivation profiles via enabling other customers across the globe to purchase or license their IoT operating profile setups ("data IP").

Adosia is working to incentivize IoT data submission of potentially useful analog data (moisture levels) and select digital data (such as temperature, humidity, etc) and work to see if that can be monetized via DMP (data marketplace) for sustained revenue post incentive phase.

Adosia's Fund2 proposal, a parallel initiative, entails a core library to sign Cardano transactions locally - so an IoT device itself can perform transactions to purchase such upgrades and profiles - the architecture there would entail the user generating the build transaction server side, then the device pulling that in locally to sign, and then sending out the necessary components for the signed CBOR to be submitted to the chain via a hot cardano node - this component will enable a baseline for broad development to occur within the Arduino ecosystem as well as enable Adosia devices to complete purchases on their own behalf as well as to authenticate themselves within the system.

Adosia is also working to readily modify our platform in a manner to enable any user with a Cardano wallet to trigger IoT actions simply by sending a transaction to a specific Cardano address. For each given IoT device, Adosia users would simply define the Cardano address(es) to monitor, purchase pricing, and 3 bit external IO to trigger (supporting up to 8 products ) for each relevant product item.

Adosia Heidrun:

Heidrun, originally created to support the Adosia IoT project (Catalyst Fund3 deliverable), is an open source platform API that enables developers a simple self-hosted means to rapidly integrate both accepting Cardano payments as well as add support for user or app initiated Cardano native asset withdrawals directly into custom applications.

Heidrun exists as a standalone node, operates completely independent of smart contracts, and is Cardano "node-less" (currently utilizes BlockFrost API).

Adosia is currently using Heidrun to:

- accept Ada payments for custom IoT triggering upon Ada payment receipt

- accept Ada payments for enabling Adosia SaaS subscriptions

- accept Ada payments for enabling Adosia IoT platform account and device upgrades wit

- accept Ada payments for on-platform ADO token purchases

- accept Ada payments to enable ADO token withdrawals

Useful Links:

Adosia Home:

<https://adosia.com>

Adosia Learn (check the token part!):

<https://adosia.com/faq.php>

Adosia Git:

<https://github.com/adosia/adosia-iot>

Adosia YouTube:

<https://www.youtube.com/channel/UCozulBTa3-zuyMQMCvhGbKA>

Adosia IoT Store:

<https://adosia.io>

Heidrun presentation:

https://docs.google.com/presentation/d/1aOS7GU3C9oj7V7nUUsEr4ciact22ZgYbJXF2XWLf7Hg/edit#slide=id.ge3ac1c4ef8_0_80

Heidrun Github:

<https://github.com/adosia/Heidrun>

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