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Topic
Board Announcements (Altcoins)
Re: [ANN] [GDGC] GadgetCoin | Smart Contracts on Hardware | IoT | M2M
by
chocobo
on 24/10/2015, 17:45:15 UTC
There is a new project IOTA. How GadgetCoin will compete with the NXT community? Can it compete?

3) Interoperability. We found this is a key issue for Internet-of-Things companies. To address this requirement we have started working with W3C to integrate and industry standard communication protocol suit into GadgetNet. The key word is "industry standard". Large industry players such as Ericsson or Fujitsu who support the W3C project won't touch a non-standard platform, but even small factories require standardized software to control their PLC devices or security companies to manage their IoT camera devices.

5) Regulatory compliance. No real world Internet-of-Things business will use a platform without regulatory compliance is in place. In majority of cases these are ISO companies which require the application and devices must be audited and transaction information to be available for the regulators upon request as well as in real time. GadgetNet addresses this by implementing the private/public block-chain concept.



While I believe that Gadgetcoin is miles ahead on all the categories listed by mtomcdev, these two are where any other bitcointalk project has little to no chance, especially since GDGC has already worked with W3C for months.