UbiNET Inc is an IoT 3 Smartliving Platform company that links organic and inorganic items on a planet wide unique identity system, it uses proprietary technologies including a twin AI blockchain and is operated in accordance with the secondary handshake Open Network Ecosystem Protocol ONEP.
The UbiNET platform has many use cases one is the removal of all counterfeit products through the full lifecycle management of everything from Creation to Recycling.
Open Network Ecosystem Protocol “covers the use of a secondary handshake through the central registration of all items. This registration is both distributed and localized and cannot be edited (existing in real-time) but can be added to, to establish the current; status, location and identification of any item. This is an extension of the current network paradigms on two fronts one to confirm identity of all network items and two to move this identification beyond technology based items into remote data about all items that are in the creation to recycling lifecycle” excerpt from patent.
The platform has a number of components;
Operational definition described in the Open Network Ecosystem Protocol ONEP, which defines the lightweight data architecture used and its ability to absorb existing Closed IoT 1 and IoT 2 systems data (see descriptions here). ONEP also includes the operational characteristics for each network;
Personal area network (PAN)
Local area network (LAN)
Metropolitan area network (MAN)
Wide area network (WAN)
Twin private Blockchain balanced and verified through AI, that monitors individual users daily mutating identity key for ‘is present’ and ‘is not present’ transactions.
Embedded micro sensor technology that uses ambient power so that everything organic and inorganic can have a sensor.
In the last six years we have been able to take the concepts from the self building data architecture and transaction history of BitCoin in Blockchain and create our own Blockchain called Ubi.
Ubi is a next generation blockchain that firstly does not use existing codebases associated with blockchain. Ubi is based on Object Oriented Programming that ultimately lends itself to micro services and an API marketplace where companies will be able to engage with Ubi but not through its source code.
There are still a number of limiting factors which are dramatically impacting the ability of UbiNET to be launched;
5G was expected to have a near unlimited number of connections through the use of MIMO (multiple input, multiple output), unfortunately limits of one hundred billion have been discussed at the 5G Forum at the Mobile World Congress in Barcelona in 2017. This would dramatically limit the use of the system to just 100,000 participants.
There are problems in scaling the blockchain, even by using virtualisation technologies like cloud computing and the light weight nature on ONEP latency could be an issue. due to the vast volumes of transactions and related data calls. Even in cloud computing there are servers and they need to be located somewhere to build a planet wide server system we have investigated on land, undersea and space based farms and don’t have a solution. The use of third party vendors has been ruled out do to access to the source code.
Given no immediate resolution to these impediments our rollout date for UbiNET of 2022 is being put back to 2030.
As ThingCoin is directly related to the value proposition of UbiNET it also won’t be released until there is a clear value to investors.
Getting the UbiNET Inc. brand going has had a very low priority till now, over the next few months we will be focusing on a number of activities to establish brand identity and brand equity #brandequity#UbiNET#blockchain#IoT#IoT3#ThingCoin#cryptocurrency#crypto
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.
UbiNET 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
Last week Paradigm Interactions Inc. created a new subsidiary UbiNET Inc. set up as a stock corporation to support several funding rounds to deliver it’s global technology, data and service platform. This change in strategy is due to an over subscription for Series A investment which has created a focus on investors outcomes.
The formation of UbiNET Inc. will have no immediate impact on staffing and facilities but it is intended to focus R&D on the open network ecosystem protocol already filed at USPO.
The CEO of Paradigm Interactions Karl Smith described this change as “it’s fundamental that we have the business structures in place to enable investors to have clarity around their participation” further “having worked in global M&A and with VC funded start-up’s, I recognise that a good idea needs to be supported by and understanding of how to facilitate investment, engagement and exit”.
Karl Smith is an inventor of open network UbiNET which he has patented and a holistic transformation consultant more involved with how humans have to deal with technology than the technology itself. Karl Smith is also former Global Head of Mobility User Experience at Accenture and Partner (founder), Global Head of Digital Design at Wipro Digital, current Chairman of the Human Centered Design Society and has relaunched or launched Design as a USP in several global enterprises.
Karl has always been fascinated by how technology can augment the lives of humans, his desire was not to build things that humans already do but to find out how technology could evolve all human experience. He is still looking for the Gene Roddenberry future today where humanity pulls together and projects all of us the next stage of evolution. Transformation is at core of this evolution; he’s highly engaged in Ubiquity or the IoT as it is a gateway point.