The SmartMesh Foundation and the MeshBox Foundation jointly released the "SmartMesh and MeshBox Ecological Internet of Things White Paper". The white paper was jointly completed by scientists, researchers and engineers from the two projects to provide guidance for the ecological development of the value Internet of Things.
"The SmarMesh Foundation and the MeshBox Foundation have been committed to implementing the mission of inclusive communication and inclusive finance, that is, the Internet of Value and the Internet of Everything. The white paper focuses on the Internet of Things architecture designed and built using the HyperMesh architecture jointly developed by the foundation, This architecture is closely related to the Internet of Value and Web 3.0. IoT sensors will provide massive metadata in the physical world, and the Internet of Value IoT will therefore become an important building block of the Internet of Value and Metaverse.”
background
The Internet has experienced the development from the Web1.0 stage in the 1980s to the Web2.0 era of the information Internet era in the early 2000s. With the continuous development of technology, the emergence of blockchain, edge computing, Internet of Things (IoT) and artificial intelligence (AI), the Internet is about to enter the next new era of Web3.0. Web3.0 is a decentralized, open and trustless network, which can realize point-to-point direct transactions in a non-centralized intermediary. Users are the legal owners of their own data. Once they really enter the value Internet era of the Web3.0 stage, Participants will expand to include machines as part of the Internet of Things (IoT).
The Internet of Things and related applications are regarded as another wave of information technology advancement in the evolution of the Internet. According to IDC, by 2025, some 42 billion devices will be connected to the Internet and generate 73 zettabytes of data. Devices will become more intelligent and autonomous in decision-making by combining artificial intelligence and interacting with each other. However, large-scale IoT deployments are still constrained by several fundamental factors:
· Limited scalability
· Interoperability with fragmented proprietary technologies