Check out IBM’s proposal for an internet of things architecture using Bitcoin’s block chain tech

Gigaom

In tech circles block chain technology — the transaction processing engine behind the Bitcoin crypto-currency — has become the technological equivalent of quinoa. Not everyone is sure of what it is, but everyone is raving about it as an answer to any number of tough problems. The latest is IBM’s research team, who are looking at building out a distribution platform for the internet of things that uses block chain.

Paul Brody, the head of mobile and internet with [company]IBM[/company], is proposing a system called Adept, which will use three distinct technologies to solve what he sees as both technical and economic issues for the internet of things. The Adept platform is not an official IBM product, but was created by researchers at IBM’s Institute for Business Value (IBV). Adept will be released on Github as open-source software. The platform consists of three parts:

  • Block chain: As mentioned…

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