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Finding Genius Podcast

Slock.it – Combining Ethereum-Based Smart Contracts with IoT Devices

Finding Genius Podcast

Richard Jacobs

Medicine, Health & Fitness

4.41K Ratings

🗓️ 22 May 2017

⏱️ 22 minutes

🧾️ Download transcript

Summary

Stephan Tual, founder of Slock.it, talks about Ethereum-Based Smart Contracts that allow IoT devices, (such as door locks on Air BnB apartments) to be fully automated – unlocked and locked based on rules, such as when a rental payment is received for an apartment (unlocked) and 5 minutes after checkout time (locked). Other use cases are: electric charging stations that can be rented on demand, charging monitored remotely, and repaired if a signal showing malfunction is received.
Slock.it has recently received $2 million in funding and is poised for fast growth. Listen, subscribe, and rate Future Tech Podcast, and enjoy this fascinating interview!

Transcript

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0:00.0

Welcome to Almost Here, Round the Corner of Future Technology Podcasts with Richard Jacobs.

0:07.9

Future Technologies always to transform our lives for better or worse are the focus of this podcast.

0:13.6

Almost here means these technologies are now here and starting to be used.

0:17.7

We're just around the corner.

0:19.7

From Bitcoin to artificial intelligence, 3D around the corner, from Bitcoin to artificial intelligence,

0:22.0

3D printing, blockchain, virtual reality, and more.

0:26.1

Hello, this is Richard Jacobs with Future Tech Podcast. Today I have a long anticipated guest,

0:32.2

Stephen Twel, from sloc.it, sloch.org.it.l-o-c-t-i-t.

0:38.2

And we're going to be talking about smart contracts

0:40.4

and perhaps some Internet of Things-type applications.

0:43.6

Stephen, how you doing?

0:44.6

I'm good. Thank you very much, Richard.

0:46.4

Yeah, thanks for being tenacious and taking the time to come.

0:49.8

So, do you tell listeners what Sloc. That-I-T does?

0:53.2

Sure. In a nutshell, what we're building is a sharing economy platform for customer discovery,

1:00.4

leveraging blockchain at its core.

1:02.9

So in a very high-level description of it would be being able to rent, sell, or share just about anything that can be connected to the blockchain

1:12.7

without almost any intermediary or selling less intermediaries than we have today.

1:18.4

So when you say rent or share, are you talking about equipment or you're talking about renting a home?

1:23.7

What would be like a real simple use case you could give to people listening?

1:28.8

Sure.

1:29.5

Well, the interesting thing here is, you know, the amount of different objects these days that are getting connected to the Internet that need access to things.

...

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