Nodle, a popular Blockchain Internet of Things (IoT) firm, has made the bold move of sharing its patented Web3 Bluetooth ‘nanocomputer’ sticker with the world. This open-source initiative appears driven by the belief that the wider IoT industry will benefit from shared innovation.
The Nodle NanoComputer (N1) can be outfitted to any object, and its uses range from tracking logistics to trace applications. As explained by Nodle co-founder Garrett Kinsman, the aim is to bring intelligence to assets yet to join an IoT network or are physically challenging to connect. The preferred approach so far has been energy-intensive and costly cellular or LoRawan radios, but N1 has the potential to change that.
While Nodle has grand visions of using these Stickers to extend the reach of blockchain network devices, Kinsman anticipates a far-reaching positive ripple effect. Open sourcing the N1 invites anyone to use the license, print, and use the Nodle N1 stickers. This will speed up both the adoption and innovation of this pioneering technology.
On the other hand, such openness depends heavily on the goodwill of the open-source community. Suppose an unknown bug exists in Nodle’s firmware. This could potentially expose billions of devices worldwide to exploitation if left unfixed. This potential pitfall can present real security and privacy challenges for consumers.
Another exciting aspect of blockchain technology is how it offers a decentralized alternative to conventional IoT networks, which rely solely on centralized servers to host data from sensors and devices. Kinsman points out that these conventional systems are vulnerable to hacking, tampering or modifications. However, placing a public-private key pair on each sticker means sensors themselves act as a root of trust. This approach reduces the risk of data manipulation or interference with the system as a whole, with the root of trust established at the edge.
In conclusion, Nodle’s decision to go open-source with its N1 sticker could have far-reaching implications for if utilised well. While the cybersecurity concerns are indeed valid and cannot be readily dismissed, the transformational potential of this technology is undeniable. Only time will tell if Nodle’s risk will herald a new era for IoT connectivity. Placing the onus on the open-source community to enhance Nodle’s offering presents both opportunities and substantial challenges. The stakes are sky-high, but if successful, the developments in IoT and blockchain technology could surge ahead at an unprecedented pace.
Source: Cointelegraph
