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BoT (Blockchain of Things)

Revolutionizing IoT Data Management with Oasis Confidential EVM

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Oracle Ecosystem

  • Problem: Shortage of oracles
  • Solution: Create an ecosystem that incentivizes community driven oracles�
  • Make the process of creating an oracle as simple as possible
  • Make the barrier for entry as low as possible
  • Make running an oracle lucrative
  • Receive feedback!

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Physical sensor

Sensor contract instance

Data consumer

Data

Fees

Reward

Data

Oasis confidential EVM

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Idea

  • Decentralized Data Hosting: Subscription-based platform.
  • Optimized for Live Data: Ideal for real-time content delivery.
  • Financial Anonymity: Ensures privacy for both creators and subscribers.
  • Anonymous Feedback:
    • Creators receive confidential input from subscribers.
    • Ensures data quality

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Proof of concept

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Why is Oasis optimal

  • Contract state is encrypted ⇒ data can be stored privately on-chain
  • Function calls are encrypted ⇒ user’s actions can not be traced by bad actors.
  • Low gas fees
  • Gasless transactions

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Other Applications

  • IoT: even an arduino or a raspberry pi can interact with the blockchain and bring valuable info.

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