In the current tide of entrepreneurial activity featuring blockchain technology, the Internet of Things (IoT) has become the first choice for many blockchain projects, because in actual business scenarios, putting the IoT value data on the blockchain will generate huge economic benefits. Everyone, from domestic project teams to overseas innovative companies, is starting to develop in the domain of IoT. Today, Ruff Chain is one example of a company utilizing blockchain technology and IoT and this post analyzes it’s technical capabilities.
■ A breakthrough IoT operating system
Founded in 2014, Ruff has been working on the development of IoT applications and addressing the difficulty of their accessibility. They have created the Ruff OS, an IoT operating system that makes IoT development easier. In 2015, the first version of Ruff OS was officially released. In 2016, the Ruff development kit was officially launched which has been idolized and adopted by many developers. This is because it allows engineers who only understand software development to work with smart hardware simply through code. For example, the five lines of code below can illuminate a smart light bulb.
■ Using industrial IoT in the commercialized business space
At the beginning of 2017, after more than 20 iterations of Ruff OS, Ruff began commercialization. The most important area for IoT technology transformation is industrial manufacturing. From Germany’s “Industry 4.0” and America’s “Internet Industry” to China’s “Made in China 2025”, the competitiveness of the country depends on its economic value, which makes the industrial scene the best use of IoT technology. Ruff focuses on solving the digitalization issue for tens of thousands of small and medium-sized factories in China. In other words, they are working to provide digital solutions for many small and medium-sized factories by using IoT technology.
The industrial IoT application launched by Ruff is called “Ruff Plant Insight”, which includes underlying data access, middle-layer gateway hardware, and cloud data storage and analysis. This allows customers to obtain real-time factory data such as production status, equipment operation status, and equipment OEE, which solves factory problems such as unexpected downtime, equipment maintenance, and decreased productivity. Ruff Plant Insight is easily deployed, allowing for rapid and low-cost transformation. Thus, Ruff is providing valuable IoT solutions for industrial manufacturing.
In addition to industrial manufacturing, Ruff has commercially-available solution scenarios for energy, smart agriculture, smart transportation, and remote robotic operation. In terms of the maturity of the product, Ruff took only one year to successfully implement and apply their solution, enabling many traditional enterprises to simply and efficiently realize upgrades through IoT technology.
■ Ruff Chain, enabling access and transfer of data through the blockchain
It has been 10 years since Satoshi Nakamoto brought Bitcoin in to the public eye in 2008 and various industries are now developing and deploying blockchain technology. During this period, financial transactions in digital currencies were most prominent. Ruff Chain has mature technology for underlying IoT, including the commercially available Ruff OS. Thus, it quickly established a blockchain project at the end of 2017, with the goal of deep integration of IoT and the blockchain, allowing the storage and transfer of value data on chain.
The traditional centralized data storage of IoT attracts hacker and DDoS attacks, bringing huge hidden dangers to the security of core customer data. The distributed central storage of the blockchain can completely solve such security issues. At present, Ruff Chain’s public chain is in the process of node and block testing, and they will soon realize the deep integration of IoT and Blockchain that they have been working towards.
Ruff’s development journey over the past four years has been one of constant exploration. Currently, Ruff provides three main services: IoT access, transfer of valuable IoT data to the blockchain, and sidechain distribution. In the future, Ruff’s upstream and downstream partners will be able to issue their own sidechain tokens on the Ruff mainchain. Ruff will play a role of Gas, similar to how ETH serves to pay transaction fees on the Ethereum network. Looking forward, Ruff will focus more on IoT domains such as energy. With the securitization of photovoltaic assets, Ruff believes that energy can be divided into assets that are easier to circulate.
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