Augmate — Pete Wassell, Founder and CEO — Blockchain Security and Device Management Platform for IOT Devices
Finding Genius Podcast
Richard Jacobs
4.4 • 1K Ratings
🗓️ 20 November 2017
⏱️ 29 minutes
🧾️ Download transcript
Summary
Augmate allows enterprise corporations to manage all of their company's IOT devices, including glasses and other wearables, from a single blockchain-based platform. Blockchain and distributed ledger technology allow IOT devices to not only be secured with the latest protections, but also allow devices to work with each other, and to create standards for interoperability.
In order to accurately be able to charge their consumers, Augmate functions on a fractional license access token called MATE, which has cryptographic coupon attributes. This means that the token is able to be used internally as part of their point system for charging companies for the use of the devices, but also functions as a utility token to give individual users access to the platform.
Augmate hopes to be able to expand to the consumer marketplace shortly, as it is estimated that the 4th Industrial Revolution will create 50 billion IOT devices by 2020.
For more information, visit www.augmate.io.
Transcript
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| 0:44.0 | Welcome to Almost Here, round the corner of Future Technology Podcasts with Richard Jacobs. |
| 0:51.0 | Future Technologies ways to transform our lives for better or worse are the focus of this |
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| 1:11.8 | Hello everyone and welcome to the future tech podcast my name is Josh Thomas and I'm here |
| 1:17.1 | today with Pete Wessel of augmate., how you doing, Pete? |
| 1:22.8 | Pretty good. Thanks so much for having me today. |
| 1:25.1 | Well, glad to have you here. |
| 1:26.2 | And so just for clarity here, in case there was some static on the line, it's Ogme, A-U-G-M-A-T-E, so you can follow along here and take a look at the website |
| 1:39.5 | Ogmate. I-O-I-O. So Pete, tell us a little bit about what this actually is. |
| 1:46.0 | Sure, so, Augmate, we've got a Wearables platform and we had gotten started a couple years back with wearables and we |
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