The Nodle Network sees a bright future for Internet of Things (IoT) technology.
The current global internet infrastructure leaves room for improvement. Controlled by patents held over legacy equipment and chipset companies, today’s network is unable to accommodate the ever growing global demand for data.
Also, the cost of data networks is excessive, its technology eats up energy, and the growing adoption of Internet of Things ( IoT) is raising big concerns related to security and privacy.
Nodle Wants to Make Data Work for the Masses
Garrett Kinsman, one of Nodle’s co-founders, already felt the need to address the aforesaid problem during his high school days, as he struggled with a too-slow and too-expensive internet connection at home.
If the problem is already a concern to us now, it can only get worse if the industry’s estimation of 55 billion connected devices by 2025 is realized. The demand for wireless services is doubling every 12-20 months (See Cooper’s Law), Teclos call this “The Data Tsunami”.
Furthermore, with the exponential decrease in Bluetooth Low Energy radio and sensors’ cost, the Nodle team believes the number of connected devices could amount to trillions.
The developing industry behind the Internet of Things (IoT), includes a wide range of services and solutions for end users, like connected vehicles, home automation, wearable technology, connected health, home appliances with remote monitoring capabilities, etc…
It is easy to see that Nodle Network is the next generation of the Internet of Things (IoT).
Nodle’s breakthrough approach is to utilize a blockchain platform as a back-end to secure and provide decentralized, robust connectivity to the internet for a variety of devices or ‘things’. All while securing data traffic and granting identity protection.
In order to keep costs low, Nodle takes advantage of an open source supported standard: Bluetooth Low Energy (BLE) already existing in many devices.
Nodle’s network deployment and adoption plan over blockchain platforms is rapidly expanding thanks to its incentivized connectivity model.
If things continue to flow as they seem, Nodle will soon be the responsible team behind the largest decentralized wireless network on the planet.
New Connections from Nodle
Nodle is capable of connecting things never connected to the Internet before with special attention on granting privacy, security, low costs and planet friendly sustainability.
In a way, this breakthrough decentralized wireless technology can be considered as disruptive to the current networking telco business model as its been the ridesharing mobile apps replacing old taxis.
And the beauty of the system is that any player in the ecosystem can access and benefit from it, so that it is a boon not only to big data users, but the individual user as well.
Nodle, understanding that traditional infrastructure would have made it impossible to implement due to its high costs, came up with the strategic formula of networking a critical number of Bluetooth Low Energy-enabled smartphones scattered all over the world.
It is key to build a vast network as soon as possible by incentivizing smartphone owners to participate in the Nodle network. In other words, Nodle is decided to improve the world’s connection capabilities without necessarily adding costly hardware.
The overwhelming existence of phones in people’s pockets worldwide is already an enormous idle resource to take advantage of. Nodle becomes a community of people that sustains a robust decentralized network.
A Strong Development Culture
Since it was founded in 2017, Nodle is the fastest growing wireless network globally. These days, it reports a 38% annual growth rate, connecting 25 – 35 million devices over a network of 5 million daily active smartphones or ‘nodes’ around the world.
Bluetooth Low Energy (BLE) is available in most of the mainstream smartphones in the market. BLE requires less energy and it is 33 times more efficient than the wifi protocol.
So, when a Bluetooth Low Energy IoT device is in range of a smartphone with Nodle SDK (software) installed or a Nodle Cash app, this latter becomes a relay node of encrypted information from the IoT device.
Keys to Nodle’s Success: Crowd Connectivity through Payment in Native Token
The Nodle decentralized network becomes a possible robust alternative by enlarging the number of participating individuals with their smartphone resources.
Crowd networking is key to Nodle’s objectives. And the way to achieve this is by offering rewards or payments on Nodle’s token, NODL, to the participating smartphone holders as passive income.
This benefit is intended not only for individual phone owners but also for app/platform developers embedding the Nodle SDK as part of their mobile app.
Nodle’s Funding End-Users
Nodle’s developers found a way to fund token payments to ‘node’ or participating smartphone owners. These funds are generated from the fees paid by companies needing to trace their IoT devices in scales ranging from a few, to hundreds to billions of devices.
Examples of businesses implementing the Nodle network are the giant HTC phone manufacturer embedding the Nodle Cash app in their blockchain Exodus phones.
Several huge global logistics companies can track pallets with the technology, and the Cty of Paris used Nodle to track the availability of public assets (like benches, parking lots, kiosks, etc) for citizens and visitors.
Also, companies offering ‘belonging-objects tracking’ like car or house keys, or bike-rental providers to track their units are typical Nodle customers.
Nodle is currently partnering with Cisco to extend its own Bluetooth Low Energy (BLE) coverage, and to track their own IoT devices.
Also, Nodle is involved in helping European Insurtech companies track stolen vehicles; and develops alongside with telcos programs to expand IoT services to their customer base.
Being Nodle a “infrastructure-less” mesh network, there’s limitless lucrative possibilities there for potential customers. Big data can make a big difference, and Nodle is making possibilities a reality.
The Connections Make Sense
Let’s say that a pharma company made a mistake, and a large batch of a common medicine was shipped out, but it could have nasty effects if a person used it.
Pharmaceuticals are made in large amounts, and can be distributed in many nations. Once the shipment has been broken down for distribution, it can be very difficult to track where all the parts of the shipment went quickly.
However, with Nodle’s system, millions of personal electronic devices would be capable of tracking the pharmaceuticals, as long as the packaging carried a Bluetooth tag.
Anyone who came within a few meters of the toxic drugs would be able to alert authorities automatically, without even knowing how helpful they were to society at large.
In fact, with Nodle, authorized agents could track just about anything, and likely could take widespread surveillance to a level never imagined before. In order to counter such privacy issues, Nodle has built a security stack, giving users and IoT makers control over data privacy.
People who have consumer electronics would act as sensors for the network, and as more devices become IoT enabled, the grid would grow.
A New Way Forward With Nodle
Nodle understands that the future is powered by IoT, and big data.
With the addition of cryptos and blockchain, people everywhere can participate in the big data economy, and have some level of knowledge about what data is being collected from their personal electronic devices.
To learn more about Nodle, and how it is revolutionizing the way big data can operate with IoT devices, please click here to visit its website.