Decentralized IoT Platform
October 12, 2017
participated in the Bangkok Smart Energy Hackathon in partnership with
IOTA of Norway in late August 2017. NetObjex demonstrated its Smart
Metering solution featuring the GlenCan smart meters interfaced with the
NetObjex IoT-Blockchain platform. This solution leveraged the ultra
secure, transaction-fee-less IOTA decentralized network and its MIOTA
cryptocurrency, and mobile SDKs from NetObjex. This solution provides a
secure, low cost alternative for smart metering to communities and
municipalities globally and disintermediates middlemen by providing a
direct payment option between electric utilities and consumers.
In early September 2017, NetObjex participated in the IOTIndia Congress
event in partnership with Advantech of Taiwan to showcase its
IoT-Blockchain platform. NetObjex founder, Raghu Bala, conducted a
workshop on the use of IoT with BlockChain to packed audiences at the
Park Plaza Hotel in Bengaluru, India. The event attracted some of the
largest and most prestigious organizations and attendees in the Indian
up, NetObjex was a Grand Finalist in the Slingshot startup competition
organized by Channel News Asia and Spring Singapore from September
16-20th. Spring Singapore is an agency under the Ministry of Trade and
Industry and works with startups to help in financing, management
development, technology and innovation, and access to markets.
ChannelNewsAsia is an Asian cable television news agency and news
channel which reports on global developments with Asian perspectives.
NetObjex was selected to be in the top 20 companies from among 900
entrants from 26 countries.
"These three events have enabled NetObjex to demonstrate its leading
edge decentralized IoT platform to global audiences. As computing moves
from the centralized client-server model to a more decentralized
topology, the value of our platform and ecosystem has become apparent to
global audiences," said Raghu Bala, CEO of NetObjex.