Creators of the 1Sheeld, a instrument designed to attach smartphones to Arduino boards, have created one thing much more attention-grabbing. Their newest product, the Elkrem, is a brilliant package for creating blockchain IoT units and so they have raised $250,000 from Endure Capital and Consensys to construct the challenge.
The founders are Amr Saleh and Islam Mustafa launched the 1Sheeld at TechCrunch Disrupt 2013 and bought tens of 1000’s of models in 120 nations. Now they’re constructing a brand new instrument based mostly fully on blockchain.
“Elkrem is a Blockchain growth board. It permits Blockchain builders to combine Dapps with prototypes in a simple means with out having deep information in growth, and likewise permits electrical engineers and builders to attach Blockchain to their initiatives with out having deep information of how the Blockchain works,” mentioned Saleh. “In order that they each can set off actuators via sensible contracts and log sensors information to sensible contracts as nicely.”
The board is just like an Arduino and has two processors, storage, and WiFi mannequin. One processor runs a specialised Linux variant with interfaces to Ethereum, IPFS, Swarm, Whisper, Bitcoin, Standing.im, and others. The opposite processor can do the rest you throw at it.
“Our edge is quicker growth, sooner prototyping and sooner go to market,” mentioned Saleh. “The board means that you can ship non-public, decentralized IoT messages utilizing peer-to-peer communication”
What does all this imply? Mainly it’s just a little board that makes it far simpler to handle your Blockchain efforts. It makes use of a library known as Koyn to allow you to settle for funds in Bitcoin with a single line of code and so they even constructed a couple of cool initiatives together with a Bitcoin-enabled sweet machine and outlet that you may hire with Bitcoins. The group plans to go reside on Kickstarter later this 12 months.