Bosch IoT Lab @ HSG

July 27, 2016

Sensor as a Service

Filed under: Blockchain Technology — Thomas von Bomhard @ 8:38 am

When Your Sensor Earns Money. Exchanging Data for Cash with Bitcoin

Bitcoin is an emerging technology which allows two entities to exchange value over the Internet without trust. Embracing that those entities could well be machines we present a system that allows a sensor to offer its measurement data directly to a world-wide data market. Based on the concept introduced in Noyen et al., we describe a prototypical implementation of the process of exchanging data for electronic cash between a sensor and a requester by leveraging the Bitcoin network and discuss its current limitations.

                              bosch lbog

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Dominic Wörner
Dominic WörnerResearcher
Thomas von Bomhard
Thomas von BomhardResearcher

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