INT states in their whitepaper that in order to protect the user and their data, they are implementing their own innovative Behavior Private Key (BPK)algorithm which is based on zero-knowledge proofs. This will pass the user’s intent on to the nodes and other device hardware, without identifying who sent the request. This will also protect users from behavior analysis in pseudo-anonymous systems like Bitcoin, where tracing transactions and behavior and correlating it to known, non-private information can lead to identification of the user.

 

This system will also use unsupervised learning to model strategies and clustering behavior, to group requests to further hide users. I am not sure exactly how this will be implemented but it sounds like it could be akin to Monero’s ring signature system of having a group of users sign a transaction but only one of the group is the actual user sending the transaction. Therefore the true user’s signature is hidden and neither the node nor the receiver knows who sent the transaction.

 

They also talk about developing a network of DAPPs automatically running on IoT devices and the network enabled by smart contracts to automatically exchange data and transactions between humans and machines.

 

Reading between the hints, this is the second time that INT has hinted at modeling and learning capabilities within the network. What capabilities will this learning system have? Does this intelligent learning system, combined with your BPK create a private profile accessible by your private key?

 

Okay let’s walk down the road of implications of this future.

 

This may have add-on, home hub technology that would learn from your behaviors and all sensor data, it would build your preferences based on your browser history, location and social activity. What temperature was it in the house when the person turned on the air conditioner? How bright was it outside when the person began turning on lights inside? When does the person like to open/close windows for fresh air? More complex things, turning on the AC when you are heading home in the car, opening the garage when you pull up and unlocking the door when you walk up. Sit down to watch a movie, it presents movies to you based on past interest, then auto-pays for it by the minute watched. Listen to music? Pay for it by the second with it putting new music on through a P2P decentralized network that aligns with your current taste. It sells the data from the weather sensor you have out back and some usage data from your smart phone that you agreed to sell. It rents out your computing ability (like mining) when you aren’t using the computer by automatically setting up a smart contract at an agreed upon rate.

 

Once this technology is adopted larger scale with information being traded freely and instantaneously, you walk in to get a coffee and it already preordered your coffee based on what you normally get given the current weather conditions and pays for it automatically, by automatically trading some of your appreciating crypto assets for a stable coin akin to fiat. Want to go out to dinner? It would present some options based on your past likes and then book the reservation for you. Even further, it could hire out your car like a self-driving Uber when you are at work or at home. We are just starting to hear the whispers of this future with smart home lighting, Netflix predicting your interests and self-driving Teslas.

 

All this and with the ability to hide the user from the intent, your profile and personal data will be safe and all the coffee shop or decentralized Netflix like system will know is that there is a demand for this item at this time and send it to this place. No Google or Amazon as the trusted holder of your privacy and data. This is the future and it’s going to be wild.

 

Fromhttps://medium.com/@graytrain/iot-and-the-smart-contract-enabled-future-6e5827a2b71e.

 

By Graytrain.



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