IoT Classic is a cryptocurrency that develops cloud software solutions for Internet of Things (IoT) asset tracking systems using big data and Business Intelligence Telecommunication Technologies. Our latest technology, IoT Cloud Platform, provides synchronized communication between the virtual and real world in asset management to provide an accurate and efficient analysis of large amounts of data from physical objects.
Considering nearly three-quarters of companies plan to implement Internet-of-Things (IoT) technologies within the next five years, IoT Classic provides a cost effective virtual site survey to design and implement virtual factories, warehouses or supply chains that synchronizes data and communications between objects. With patent application in the field of IoT software management and asset tracking based on computer-aided design (CAD) tools, IoT Classic contributes to the globalization, automation and digitalization of big data in the cloud.
The number of startups globally are increasing and the amount of inventory that these businesses will accumulate will increase substantially as well. This is a positive sign for the Internet-of-Things ecosystem which will cause an even higher demand for services that assist startups with large-scale inventory tracking. Tied to this fantastic promise are of course a ton of obstacles to be overcome, of which one major one is speed-ability for the first developed protoype coming soon. These connected IoT devices must be able to automatically send large amounts of informationto one another in a frictionless manner without having to compromise on product design by introducing additional complex hardware. The RFID technology solves this problem.
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