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@Clause Creates Smart Contract Template For IoT Devices –

@Clause Creates Smart Contract Template For IoT Devices – | Language Tech Market News | Scoop.it

Smart contract pioneer, Clause, has developed a template self-executing contract that allows users to connect to a small and low cost IoT device. This will allow people to create real world, smart contract and IoT connected systems for as little as $25. The company’s CTO, Dan Selman, explained that the set-up they’ve developed (i.e. their contract, plus an IoT ‘button’), allows users to: register deliveries; start and stop timers; register departure and arrival; count packages arrived; count number of jobs performed; indicate breakages; and send notifications.

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Report: Identifying Opportunities for a Voice-powered IoT

Report: Identifying Opportunities for a Voice-powered IoT | Language Tech Market News | Scoop.it

According to the latest research from Strategy Analytics, From Alexa to Industry: Opportunities for a Voice-powered Internet of Things (IoT), key reasons for the relevance of Voice in the IoT include

  • Speech being a natural mode of communication for humans.
  • permitting interaction when hands and eyes are occupied.
  • Opening up biometric security options through the unique properties of a human voice.
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Impact of IoT: Smart Documentation, Not Just Sensors

Impact of IoT: Smart Documentation, Not Just Sensors | Language Tech Market News | Scoop.it

IBM consultant: “There’s no question the industrial side of IoT is growing rapidly. At first everyone thought it was about the sensors – but we’re getting to the point where it’s the insights and interactions with people that matter most."
Fruits of this convergence can be seen in moves towards “smart documentation” with huge numbers of technical manuals and procedure guides being ingested by AI engines in order to be able to provide real-time assistance.

LT-Innovate's insight:

The whole range of apps including chatbots, smart.voice search, text mining, AR, deep semantics, will play a role in eventual IoT platforms. 

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Analytics of Things Market to Reach $27.7B by 2022 

The Analytics of Things (AoT) market is expected to grow from USD 7.19 Billion in 2017 to USD 27.78 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 31.0%. Factors such as the tremendous growth of IoT data and the need for advanced analytics and automation of businesses are driving the global AoT market.
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