City

#Rural #UltraBroadband signals the end of a focus on #Cities instead #LiveSmart

One of the essential requirements for the IoT is integrated and distributed networks, until recently the only way possible to deliver this was either in cities with their high fidelity infrastructure or on a peer-to-peer mobile network using 4G. With the inception of recycled infrastructure by companies like Huawei and the deployment on 5G in 2020 cities cease to afford the benefits required to absorb the huge costs of their use.

The prediction of #Smart #Business is #Smarter not locating to a #SmartCity in 2016 by UbiNET CEO Karl Smith make the clear case of;

Why do we need cities?

They create centralization of people and resources however they also drive costs as often space is insufficient for demand. There is a huge dependency on the need for workspace, shops and local living accommodation.

Lets not buildSmart Cities, lets Live Smart instead

No City Smart Business

In a #SmartEconomy with people engaged in #SmartLiving people rely on digital communications not face to face engagements. Unless direct physical contact with another person is required for your job you don’t need to be physically present. Most work can be distributed to multiple locations across the planet. Even specialist surgeons can now work remotely and have been doing so for some time, even surgery can now be done through a physical / virtual interface.

Summary

The cost of creating Smart Cities is huge and relates to infrastructure for jobs and services that won’t be required in the mid term, they will not make a profit and may even not cover their cost of creation and installation.

The Smart solution is a distributed model not a centralized one

Creating these types of services takes a huge investment and without the confirmation of a captive customer base, it should be interesting to see how capital can be raised and who will take this risk.

UbiNET thingcoin

UbiNET issues two cryptocurrencies the #ThingCoin and #UbiNET Token

As part of the platform development process for #SmartLiving UbiNET Inc. has launched two cryptocurrencies the ThingCoin and UbiNET Token. The two currencies work together within the platform to both secure identity and enable transactions.

thingcoin cryptocurrency coinUbiNET Token is the user access token for the UbiNET platform and ThingCoin is the transaction currency within UbiNET.

We have only issued a limited number of access tokens and transaction coins at this point to test the ecosystem and evolve a number of market propositions, say’s CEO and Chief Scientist Karl Smith

The UbiNET platform is reliant on several technologies including, micro sensors that use ambient power, blockchain, cryptocurrencies, 5G and artificial intelligence as defined in the Open Network Ecosystem Protocol patent and won’t launch until they are all aligned.

We have not ruled out an ICO to create the funding for a city state test of UbiNET but we want to be sure that investors gain a benefit before we move in that direction, we are reviewing several funding options at this stage but will continue to use our consultancy profits until real value can be offered to investors, say’s CEO Karl Smith