Newark, DE, January 05, 2017 --(PR.com
)-- At the tail end of 2016 Paradigm Interactions Inc. submitted an Open Networking Ecosystem Protocol patent at United States Patent and Trademarks Office (USPTO).
While everyone else has been focused on selling the dream of ubiquity (open IoT) Paradigm Interactions Inc. has been working on a protocol to make it a reality. In essence we have submitted,
"A method of defining an organic or inorganic items right to access local networks, be found, used and to record its lifecycle to a distributed linear data system."
Effectively this is an IoT of everything secured with blockchain through an information schema defined by Karl Smith.
In the first instance they will be using it for a retail platform, after that an insurance platform is planned.