Will Helium finally make IoT a reality? - Deepstash
The Podcasting Ecosystem

Learn more about crypto with this collection

The importance of networking in podcasting

How to grow your podcast audience

How to monetize your podcast

The Podcasting Ecosystem

Discover 44 similar ideas in

It takes just

7 mins to read

1) Sensationalism in journalism.

Part of the problem stems from hype and sensationalism in tech journalism. Journalists are storytellers, not technology experts. While they did their job of writing stories that drove peopleā€™s imagination wild, their narratives were a bit overexaggerated.

6

57 reads

2) Security.

2) Security. All it takes is one point of entry to be compromised for the entire IoT network to be hacked. This means the engineering of these smart devices has to be pristine, and that takes time.

6

41 reads

3) Privacy.

3) Privacy. We are all well aware of the privacy concerns of devices that track us 24/7. There are ethical concerns of whether the excessive amount of tracking that IoT would enable is a good thing or not.

6

34 reads

4) Closed ecosystems.

4) Closed ecosystems. Many of the largest IoT players are large enterprises (e.g. Cisco, GE, Microsoft), and they all operate in closed ecosystems. There are no shared protocols defined for how devices connect both to each other and to a central hub. Consider: if a consumer buys two Google smart devices, three GE smart devices, and two Apple smart devices, without shared standards, these devices cannot communicate with each other.

6

27 reads

5) Bad incentives.

5) Bad incentives. Consumers havenā€™t shown much interest in upgrading to smart devices because, frankly, the benefits do not outweigh the costs (i.e. low ROI). Enterprises have not made the effort to distribute and deploy these devices in the real world (high costs, unclear ROI).

5

29 reads

Helium is a decentralized IoT network. The network consists of ā€œhotspotsā€ (devices) that are maintained by ā€œminersā€ all around the world. These miners earn incentives for maintaining this network of hotspots, and the hotspots communicate and coordinate to provide data services for end users.Ā 

The network is designed to be decentralized, the rules for orchestration and data services are hard-coded into smart contracts that live on Heliumā€™s blockchain.

Helium's algorithm,ā€œProof-of-Coverageā€,Ā  incentivizes the creation of this physically decentralized wireless IoT network.

6

25 reads

At any point in time, a hotspot can play three different roles:

  1. Challenger: The hotspot that constructs and issues a ā€œchallenge.ā€ Hotspots issue challenges approximately once per every 240 blocks.
  2. Challengee: This hotspot is the target of the challenge. When it receives a challenge, it transmits the challenge response packets that nearby hotspots can listen to.
  3. Witness: These are hotspots that are geographically close to the challengee and are responsible for ā€œwitnessingā€ the packets that the challengee is transmitting in response to the challenger.

6

28 reads

cases for which Helium is being used today

1) Water Tracking - ReadyRefresh by NestlƩ is a customizable beverage delivery service, and was one of the first customers to test the Helium network for water tracking in Connecticut.

2) Agricultural Monitoring - Agulus is an agtech company and uses Heliumā€™s network to automate water distribution based on wireless sensors connecting to the Helium hotspots.

3) Micro-mobility tracking : Lime (the scooter company) uses the Helium network to find lost bikes and scooters.

6

33 reads

4) Building & Asset Monitoring : Conserv offers wireless monitoring for art collections in private and public museums and uses Helium to provide information about artwork.

5) Health Monitoring : Careband offers consumers wireless wristbands to monitor the location and temperature of people working in hospital or office environments to help track contacts related to COVID-19. Careband uses Helium to track the locations of wristbands.

6) IoT Innovation : To minimize friction, Salesforce is using Helium to build an IoT program to allow employees access to these resources using their badges.

6

21 reads

7) Asset Tracking : Digital Matter is using Helium to provide GPS tracking devices for businesses that want to protect and recover assets.

8) Air Quality Monitoring : Airly uses Helium to track air quality around the globe to help identify concentrations of dangerous airborne emissions.

6

24 reads

CURATED BY

decebaldobrica

#engineering, #machinelearning and #crypto

CURATOR'S NOTE

We might have some sunshine in the IoT sector with the upcoming decentralised companies or even DAOs.

ā€œ

stash-superman-illustration

Explore the Worldā€™s

Best Ideas

200,000+ ideas on pretty much any topic. Created by the smartest people around & well-organized so you can explore at will.

An Idea for Everything

Explore the biggest library of insights. And we've infused it with powerful filtering tools so you can easily find what you need.

Knowledge Library

Powerful Saving & Organizational Tools

Save ideas for later reading, for personalized stashes, or for remembering it later.

# Personal Growth

Take Your Ideas

Anywhere

Organize your ideas & listen on the go. And with Pro, there are no limits.

Listen on the go

Just press play and we take care of the words.

Never worry about spotty connections

No Internet access? No problem. Within the mobile app, all your ideas are available, even when offline.

Get Organized with Stashes

Ideas for your next work project? Quotes that inspire you? Put them in the right place so you never lose them.

Join

2 Million Stashers

4.8

5,740 Reviews

App Store

4.7

72,690 Reviews

Google Play

Ashley Anthony

This app is LOADED with RELEVANT, HELPFUL, AND EDUCATIONAL material. It is creatively intellectual, yet minimal enough to not overstimulate and create a learning block. I am exceptionally impressed with this app!

ā€œ

Sean Green

Great interesting short snippets of informative articles. Highly recommended to anyone who loves information and lacks patience.

ā€œ

Shankul Varada

Best app ever! You heard it right. This app has helped me get back on my quest to get things done while equipping myself with knowledge everyday.

ā€œ

samz905

Donā€™t look further if you love learning new things. A refreshing concept that provides quick ideas for busy thought leaders.

ā€œ

Jamyson Haug

Great for quick bits of information and interesting ideas around whatever topics you are interested in. Visually, it looks great as well.

ā€œ

Giovanna Scalzone

Brilliant. It feels fresh and encouraging. So many interesting pieces of information that are just enough to absorb and apply. So happy I found this.

ā€œ

Ghazala Begum

Even five minutes a day will improve your thinking. I've come across new ideas and learnt to improve existing ways to become more motivated, confident and happier.

ā€œ

Laetitia Berton

I have only been using it for a few days now, but I have found answers to questions I had never consciously formulated, or to problems I face everyday at work or at home. I wish I had found this earlier, highly recommended!

ā€œ

Read & Learn

20x Faster

without
deepstash

with
deepstash

with

deepstash

Access to 200,000+ ideas

ā€”

Access to the mobile app

ā€”

Unlimited idea saving & library

ā€”

ā€”

Unlimited history

ā€”

ā€”

Unlimited listening to ideas

ā€”

ā€”

Downloading & offline access

ā€”

ā€”

Personalized recommendations

ā€”

ā€”

Supercharge your mind with one idea per day

Enter your email and spend 1 minute every day to learn something new.

Email

I agree to receive email updates