Oaken
welcome to the intersection of BLOCKCHAIN + IOT
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The Oaken project is one that aims to utilize the blockchain technology in advancing IoT technology. They a creating an automotive commerce platform that will be powered by the blockchain. Imagine syncing two great technologies, it will only yield a hybrid platform.
Link
https://www.oakeninnovations.com/
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It's a really interesting item. Everything is connected to the Internet and sensing technology is developing. I believe that IoT technology will improve our society. It's really inspiring to have this combined blockchain technology. I'm really looking forward to it and I like it. Thank you for sharing!
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Cool Hunt !
Hello @sciencegeek, I really appreciate your effort & Here is my opinion-
I have read about this project and this is one of the Best Project that got huge Public attention in Dubai as well as other famous investors.
I think it could a be great idea of the combination of IoT devices with Blockchain and the Blockchain Based Economy are the future. As this eco-system is built on the top of ETH Blockchain and its dappp allow easy access to the car and with the whole Eco-system with top security. I am damn sure this technology gonna Rock in the future.. :grinning:
If anyone still not understood then I highly suggest you to watch this video-
Dear Please give your attention to this line you made a very small mistake. I think it should be 'are' instead of 'a'. And at last Happy to see you after a short Break... :joy:
Thank You & Happy Hunting :-)
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Thanks for sharing in detail. It helps a lot to understand.
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Applying IOT technology for the product being massive now, but for the Blockchain I think is a great and different concept. Coz Blockchain is own now and our daily lives... And absolutely sure our life in the future will be full with the Blockchain system in many part. And oaken being breakthrough for this.
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Great Hunt!!!
A great potential project. Many automobile manufacturers have filled patents regarding blockchain technology. e.g. BMW
Integration of IOT and Blockchain is really the future of Automotive industry.
We are going to have blockchain based driving, manufacturing and transportation.
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This project sounds awesome! The truth of the matter is, the concept of Blockchain is becoming an increasingly common phrase throughout the tech sphere and something that many should be prepared for.
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I think when blockchain and IoT will be synchronized then it will bring more transparency, fair business interface as well as distributed system without a third party and the next 4/5 years is going to see most of applications of blockchain along with IoT. I can see Oaken is evolving as a great technology in the context of IoT applications and it can reckon the concept of smart cities in a much a better way. Good hunt.
Thank you and Have a great day.
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The car sharing system is the future of automobile in the city, especially downtown. Less cars, less problems and more green space... I like the Oaken solution in order to improve the system of car sharing :
And with knwo collaborators like Toyota Research Institute, Texas Department of Transportation... the project seems very promising.
Thanks for sharing this interesting project @sciencegeek
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Will that platform like steemit or something else?
Please explain.
Thanks
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Is it a social sharing service for your car? If the block chain is applied to the automobile commercial business, the social perception of the block chain can be improved. Support successful settlement of business
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The Oaken project offers very valuable services through instant-delivery applications between parties to transactions. They do this without the need for payment processors, using encrypted logic for a smart contract.
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The system is amazing. Integrating two technology in to one place and providing services through it is a great initiative. This is a indicator what is in front of blockchain technology in future.
People will adopt the system as it's offering to serve well. I think this is a revolutionary steps for future financial situation.
Great hunt!
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Congratulations!
We have upvoted your post for your contribution within our community.
Thanks again and look forward to seeing your next hunt!
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