Alfred Series: IOTA Accelerator is a software tool for corporations to establish Proof-of-Existence (PoE). In today's digital age, data authenticity and verification is a costly and time consuming process. Data are often passed on from one to another which may increase the chances of error and become harder to verify.
For example, the HR department needs to verify academic records of multiple applicants. This requires the HR personnel to call each and every academic institute to confirm records, provided that the institutes are willing to disclose past student's personal information. It is a time consuming and costly process; or imagine working with multiple environmental sensors that simultaneously collect massive amount of data for research, how can one ensure the authenticity of the source and recorded data? These are just two examples of many that can be solved, reinforced or complimented by the intuitive BiiLabs Alfred API. Via the distributed ledger technology, the API can record personal or corporate IoT (Claim) data onto IOTA Tangle with time stamp in real time. The "Claim" or PoE data will be forever recorded in distributed ledgers.
The cooperation between BiiLabs and AWS has officially kick-started Blockchain-as-a-Service (BaaS) marketing and operation model. AWS customers can take advantage of the AWS IoT 1-Click service to swiftly deploy and manage groups of simple devices with a small hourly or monthly cost.