NV 2.0’s IoT asset layer will play a vital role in generating numerous use cases in next generation networks
The coming together of 5G and IoT is a significant gateway to the world of future networks. 5G’s winning combination of greater transmission speed with low latency and IoT’s capabilities of an interconnected world unlocks mind-bending opportunities. Add to this LoRaWAN, WiFi, and IoT and the picture is complete — we are on the verge of a brave, new world of the networks of the future.
The creation of secure private networks is essential to ensuring the scalability of IoT-led automation in different sectors. NV 2.0’s IoT asset layer is geared to open up numerous use cases, fulfilling the demand to ensure seamless data flow between connected devices, sensors, and machines. Since this IoT layer is built on a decentralized platform with NCash as the transaction token, participants can monetize, operate and own the network while using it to drive use cases in every conceivable micro real estate marketplace.
NV 2.0’s IoT Asset Layer — In perfect sync
Equipped with a blockchain layer, NV 2.0 ensures the sanctity of data passing through its networks. In addition to 5G, other existing technologies such as LoRaWAN and WiFi not only offer low latency but are also much less capital intensive. NV 2.0’s full-stack architecture is built on a blockchain layer that enables the transfer of data over 2G/3G/4G/5G/WiFi and LoRaWAN network protocols. This allows for seamless collection and transfer of data between devices even in dense urban environments as well as rural settings.
At NV 2.0 we are building a self-sustaining network of technologies that support each other in the real world. We are working towards a 5G powered IoT on decentralized applications that will achieve a paradigm shift in the way IoT transforms the digitized business economy.
Wide range of use cases
NV 2.0’s IoT asset layer has innumerable use cases — Retail, smart wearables (smart watches, fitness trackers, etc), remote patient care & augmented surgeries, fleet tracking, asset management system in factories and warehouses (for improved operational efficiency), smart asset tracking in the supply chain, real-time inventory management, smart cars, smart parking, smart city with optimal city amenities (smart street lighting, smart traffic management, smart parking & meters) smart homes with home automated systems, smart farm management, smart port & railway infrastructure, disaster alerts, weather forecasting — the list is endless. In fact, just about any IoT-led ecosystem finds an application for NV2.0’s IoT solution.
NV 2.0’s private communication network will initially focus on the Micro Real Estate (MRE) marketplace. The IoT asset layer is a key connector to unlocking opportunities in this space. Real estate owners can lease their unutilized spaces and start earning NCash in return. Mall owners, gas stations, salons, homeowners, retail stores, etc. can lease out unused spaces on their properties. Brands and enterprises can intelligently leverage these spaces to install IoT- powered solutions such as digital screens, vending machines, and radio sensors to deliver an enhanced and personalized retail experience for customers.
A holistic approach
What makes NV 2.0’s IoT asset layer unique is that it operates on a decentralized platform with NCash as the transaction token. Whether it’s ensuring validation of data from device-to-device, creation of lending pools, and data validation by miners or NCash utility for numerous use cases — wealth creation is at the core for participants in the network and holders of NCash.
On one hand, NCash will drive the creation of value for all participants on the network. On the other hand, strategic partnerships with advanced telecom partners, enterprises, and consumers will help in building the infrastructure to enable these networks of the future.
Connecting the unconnected
Considering the wide range of use cases and the vast opportunities emerging in the IoT-led ecosystem, NV 2.0’s IoT asset layer is rightly positioned to leverage every opportunity by connecting the unconnected. We will be posting regular updates as outlined in our roadmap. You can look forward to more exciting news from us soon. Stay tuned!
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