An organization developing what it claims is the world’s first blockchain chip and a network of hyper-scalable blockchain IoT networks to create an “intelligent machine economy” has taken on a number of former Qualcomm engineers to develop the chip and the ecosystem.
The Skynet project, launched by the OpenSingularity Foundation, envisions a network of intelligent machines (as in the movie “Terminator”), utilizing blockchain, IoT, and AI to create secure trusted networks of devices that can intelligently communicate with each other autonomously and on a large scale. The organization says that this will enable billions of interconnected identifiable IoT devices to participate effortlessly in a global machine-to-machine (M2M) economy powered by self-organizing AI networks with data integrity facilitated by blockchains, which provide solutions for device identity, secure decentralized micro-payments, and trusted communication.
The project aims to create a core chip based on RISC-V, with the core FPGA planned for introduction in December 2019 and the core system-on-a-chip (SoC) available 12 months later. It hopes to then have “billions” of connected devices deployed by August 2022, according to the timeline on its website.
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