Application US20170279774

joining, by a host device, a blockchain managed by one or more devices on a decentralized network, the blockchain including one or more smart contracts that specify transactions among entities, the host device including a sensor configured to generate a real-time high volume data stream;

creating on the blockchain, by the host device, a smart contract specifying terms for providing an entity access to the real-time high volume data stream generated by the sensor;

receiving, by the host device, from an entity device, a software module in response the created smart contract, the software module configured to process the real-time high volume data stream generated by the sensor into a real-time low volume data stream for transmission to the entity device;

in response to receiving the software module, executing, by the host device, the software module, execution of the software module processing the real-time high volume data stream generated by the sensor into a real-time low volume data stream; and

transmitting, to the entity device, by the host device, the real-time low volume data stream generated by the software module.

querying, by an entity device, a blockchain managed by one or more devices on a decentralized network to identify a host device including a sensor configured to generate a real-time high volume data stream;

receiving in response to the query, by the entity device, a link to a smart contract associated with the host device, the smart contract stored on the blockchain and specifying terms for providing an entity access to the real-time high volume data stream generated by the sensor;

submitting, by the entity device, to the host device, a proposal to access the real-time high volume data stream generated by the sensor according to the terms of the smart contract, the proposal specifying a software module to be uploaded to and executed on at least a portion of the host device, the software module configured to process the real-time high volume data stream generated by the sensor into a real-time low volume data stream for transmission to the entity device;

receiving, by the entity device, an acceptance of the proposal;

in response to receiving an acceptance of the proposal, transmitting, by the entity device, to the host device the software module;

receiving, by the entity device, the real-time low volume data stream generated by the software module from the host device.

at least one processor;

a sensor communicatively coupled to the at least one processor, the sensor configured to generate a real-time high volume data stream;

memory communicatively coupled to the at least one processor, the memory storing instructions that, when executed by the at least one processor, configure the apparatus to:

join a blockchain managed by one or more devices on a decentralized network, the blockchain including one or more smart contracts that specify transactions among entities, create on the blockchain a smart contract specifying terms for providing an entity access to the real-time high volume data stream generated by the sensor; receive from an entity device, a software module in response the created smart contract, the software module configured to process the real-time high volume data stream generated by the sensor into a real-time low volume data stream for transmission to the entity device;

 

in response to receiving the software module, execute the software module, execution of the software module processing the real-time high volume data stream generated by the sensor into a real-time low volume data stream; and transmit, to the entity device, the real-time low volume data stream generated by the software module.