IP sharing service in the IOT era

in blockchain •  7 years ago 

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How familiar did we get with the mundane IP addresses? Every smart device or gadget owns some sort of IP address. With the internet so far we’ve experienced these addresses on page or domain level only, but with the advent of IOT (Internet of Things), the IP address will engulf almost every device we come in contact with.

Smart washing machines that will tell you stats about wool clothes you just put in, the PH of the water compared to other locations in a similar geographical position as you are and the best detergent suited for your needs. Virtually any device that you can think of could be connected to the IOT in order to enhance our day to day lives. All these machines will need IP addresses and thus using the ones that are just sitting idle would be the best solution to tackle this problem.

However due to some critical factors such as mathematical constraints, building portfolios with different IP classes, renting IPs for a short period, contractual costs/ micropayments –liabilities it would be nearly impossible to create such an ecosystem with the technology that’s available today.

Approaching the remote IP usage market with an estimate of 60 billion USD with a yearly growth of 16% would be the natural thing to do with the appropriate know how. The IPSX network will be a core component for the next layer of the web. Alongside distributed storage and processing tools, IPSX will create a stable underpinning that will enhance the scalability of your projects.

The blockchain revolution is here to stay!

IP Exchange with the help of blockchain technology is aiming to solve these constraints via the following:

  • integrate cross-platform peers
  • a fair marketplace where the request will meet the offer for IP sharing services
  • renting IPs using custom filters: time frame, price, geo-location, protocols for specific customer needs
  • the ability to create a sustainable economy that will benefit the entire user base

For a better understanding, IP resources are normally issued by centralized providers. These providers are also constrained by some closed networks, like proprietary payment systems or many other restrictions. These are just some of the reasons that currently impede the ability to rent your IP. IPSX connects actors in a peer-to-peer network, enabling both data center owners and individual users, that will be called "providers" to rent IPs to other users, that will be called "requesters." The IPs can be used to complete different tasks requiring one or more IPs from different locations.

Quick Roadmap plan

1. To get your IPSX Tokens, you will need to go through the whitelist registration phase that will be opening soon.
2. The IPSX Token Sale is going to commence on the 28th of February 2018. The payment of choice will be Ether.
3. Then if all things considered move well, the IPSX token launch is bound to happen on the 5th of March 2018.

IPSX ( https://ip.sx ) is a utility token that will be used for various transactions among actors inside the IPSX ecosystem. Also, it will be used as governance when the framework for building new applications will be launched in the later stages of the IPSX project implementation.

Thank you for your time,
Jack Andrew

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Very interesting, I can not stop imagining the future with these technologies (internet of things, blockchain) I hope to live long enough to see much more: D

Thank you for your feedback!

Quite good as a project, and if they can compete and bring what they promise, I see a future for it.

really interesting...

Thanks. Is there something in particular that got your attention?

It is very nice. with the internet all be easy for us to get. good to update your post

Good job...

they had problems with class ip addressing and they brought CIDR and then ipv6 and now again being changed for blockchain :D