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IOTA announced Layer-2 protocol Freighter

2020.06.17

Foundation has again chosen a community project of the week. A CoolSWITCH device is installed on each link in the power supply infrastructure. The device is used for switching and performance monitoring, the sensor data is published in the IOTA Tangle using IOTA MAM streams. Since the source and destination of each connection is known, the path of the energy from the power plant to the end users can be fully tracked.A third use case is IOTA based device monitoring. For example, the CoolSWITCH could be used to collect sensor data from a device and be used for preventive maintenance. For demonstration purposes, Tőkés has created a proof-of-concept implementation for an IOTA-based system for monitoring and payment of energy consumption.

The project of Attila Tőkés is already a bit older, to be exact from April 2019, but the software developer has shown with his innovative project how the IOTA technology can be used to operate an intelligent wireless switching device “CoolSWITCH” with a power measurement function.The wireless switch device can be used for example to monitor and pay for energy consumption.

Another use case is described by Tőkés in the tracking of a power source. According to the developer a larger version of the CoolSWITCH could be used in the power supply infrastructure.

Author : Jake Simmons