2014/09/19 by Kay Noyen, Dirk Volland, Noyen, Kay +5 · 1 citation
Computer Science · Business, Management and Accounting · #IoT and Edge/Fog Computing #Blockchain Technology Applications and Security #Big Data and Business Intelligence
paper · pdf · doi:10.48550/arxiv.1409.5841
Sensing-as-a-Service (S2aaS) is an emerging Internet of Things (IOT) business\nmodel pattern. To be technically feasible and to effectively allow for broad\nadoption, S2aaS implementations have to overcome manifold systemic hurdles,\nspecifically regarding payment and sensor identification. In an effort to\novercome these hurdles, we propose Bitcoin as protocol for S2aaS networks. To\nlay the groundwork and start the conversation about disruptive changes that\nBitcoin technology could bring to S2aaS concepts and IOT in general, we\nidentify and discuss the core characteristics that could drive those changes.\nWe present a conceptual example and describe the basic process of exchanging\ndata for cash using Bitcoin.\n