Recent reports suggest that major growth in the use of blockchain for IoT means the market is set to be worth more than $3 billion (£2.21 billion) by 2024.
With the recent launch of Ubigi, a brand dedicated to users of the Internet of Things (IoT), Transatel aims to prove that a single concept and a single technical framework can be relevant to cover several market segments at once.
Kevin Ashton has been an executive director and visiting engineer at Massachusetts Institute of Technology (MIT) where he led work on the next generation of computing. Perhaps more importantly for this report, says Jeremy Cowan, he is the man who coined the term the ‘Internet of Things’.
The IoT connectivity solutions provider Transatel was selected by Airbus to provide secure global cellular connectivity for its open data platform Skywise. To leverage its advanced data analytics solutions, one aspect of Airbus’ cloud-based platform is the systematic collection of data from aircraft during layover between flights.
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