Skynet ICO: The World’s First Blockchain IoT Chip

4th December 2018 Harshvardhan Mishra

Skynet combines innovative solutions for scalable distributed ledger networks with the first blockchain chip to create an industry-ready IoT interconnection of unprecedented scale. This company Currently at the ICO stage which aims to resolve the issues of blockchain adoption and the functionality of the Internet of Things (IoT). The team at Skynet aim to deliver an end-to-end system that includes a hyper-scalable IoT blockchain network and the first blockchain chip in the world. The project includes billions of blockchain chips that do not require licenses and will deploy to devices worldwide, connecting via the Skynet blockchain network.

What Is Skynet Core?

Skynet Core is a license-free and open-source RISC-V blockchain chip that can replace the modern CPU with a chip optimized for the Internet of Things and Blockchain Technology.

SC-1000 is a 32-bit RISC-V Blockchain Core featuring hardware wallet blocks and CPU for use on standard IoT devices. SC-2000 is the 64-bit version that includes tensor processing, hash acceleration, and the hardware wallet, all for Edge Intelligence. Finally, SC-3000 is another 64-bit RISC-V Blockchain Core, this one with a tensor processor array, AI-protected cold storage, and hash acceleration for complex intelligence.

Features

Reinventing Hardware

Skynet Core supports isolated computing hardware, cryptocurrency storage, hash acceleration, transaction signing, device identity, and machine learning over distributed networks. Blockchain applications can be redefined at the hardware level with new methods to secure data, validators, and cryptocurrencies.

Laptop Image Accelerated Deep Learning

Achieve Matrix Multiplications At Tens Of Tera-Operations Per Second on-chip Intelligence.

Machine Reputation Image Cryptocurrency Cold Storage

Skynet has embedded crypto wallet in Skynet Core. This crypto wallet has RSA encryption, secure memory, and CC EAL6+. The goal of this crypto wallet is letting devices like wearables and smartphones have crypto storage capabilities just like those found on the ledger.

Node Discovery Image Hash Acceleration

Run High Throughput Public or Private Blockchains With Tailormade Cryptographic Engines.

Platform Image Trusted Execution Environment

Run blockchains and untampered code on an Open Source RISC-V secure enclave.

Design : Revamping Adoption

With a scalable and open design, Skynet Core aims to interconnect and power billions of Internet of Things devices in the next several years. Skynet Cores will come with its native tokens, allowing devices to fully utilize any network in the Skynet ecosystem while fostering adoption of blockchain technology.

Skynet Open Network : blockchain built for Mass adoption

Skynet Open Network (SON) is a modular platform that scales horizontally with the amount of blockchains on it. Skynet-powered devices will come with SON’s native cryptocurrenices, enabling developers to build their own high throughput distributed applications that can be adopted across the Open Network immediately.

Network Image

Commercial Ready Architecture

SON uses a purpose-built hardware and BFT dPoS architecture combination to handle the workload and celerity needed for IoT domains. With an infinitely scalable architecture that achieves instant finality, SON supports networks that are immediately ready for the low fee and high throughput nature needed for the Internet of Things.

Economy Icon Instant Finality

Achieve One Second Block Finality Without Mining Or Centralization.

Infrastructure Icon Horizontal Scaling

Scale Operations Indefinitely By Spawning More Chains.

Cross Blockchain Communication Icon High Throughput

Attain Thousands Of Transactions Per Second With Each Chain.

Cross Blockchain Communication Icon Low Transaction Fees

Execute Transactions With A Near Feeless Cost Of <.001 Of A Cent.

Infinite Sharding Icon Customizable

Create Independent Chains With Different Governance and VMs.

Instant Icon Interoperable

Interchange Tokens and Validators With Other Networks

Economic Viability

SON integrates the hardware, transport, security and payment layers into one single end-to-end system to serve as the data bus for all M2M interactions. With an Ethereum-compatible micropayment, dApp, and incentive layer, SON is designed to create an economically viable M2M Economy.

Laptop Image Machine Identities

Accrue a machine reputation with each transaction and participate in a global identifiable IoT network.

Machine Reputation Image Distributed Computing

Reduce operational and computational costs by distributing workloads across devices.

Node Discovery Image Global Marketplace

Participate in a global M2M marketplace by exchanging data, information, and neural networks.

Platform Image Privacy-Preserving Learning

Train models and exchange knowledge without ever sharing or transferring data.

How Will Skynet Impact Internet of Things Devices on the Blockchain?

Future Industry Standard for Blockchain and Internet of Things

Skynet combines innovative solutions for scalable distributed ledger networks with the first blockchain chip to create an industry-ready IoT interconnection of unprecedented scale.

One of the biggest impacts of Skynet will be that on blockchain IoT devices. Essentially, Skynet aims to revolutionize the use of IoT devices via its ability to combine blockchain networks and accelerated artificial intelligence processing.

Just a handful of the potential applications of Skynet on blockchain IoT devices include smart cities, blockchain wearables, blockchain smartphones, soft robots, connected cameras, and self-driving cars.

Conclusion

Skynet is a futuristic and ambitious project which hopes to take the link between blockchain technology and Internet of Things devices to the next level, providing the first blockchain IoT chip for easy deployment. One of the ultimate goals of Skynet is becoming the central core for IoT devices by default thanks to its advances in this field.

Skynet ICO: The World’s First Blockchain IoT Chip

What Is Skynet Core?