About the Industry Marketplace
The recently launched Industry Marketplace is a vendor-neutral marketplace for humans and machines to buy and sell services, data, and goods.
The Industry Marketplace is an autonomous and decentralized platform. It combines the IOTA Tangle with standardized machine-readable contracts and an integrated decentralized identity system to enable actors to tender, bid and pay for services.
Economy of Things
The Industry Marketplace showcases IOTA’s vision of the Internet of Things and how “things” can act in their role as economic agents for human, organization and machine collaboration in a decentralized manner. The framework itself can be leveraged to build, expand upon or be integrated with existing applications.
For the Economy of Things Challenge, we want you to demonstrate how things can negotiate with each other utilizing the Industry Marketplace as the base framework.
Since the use-cases are by far not limited to the industries, implementations within different scenarios such as mobility or energy are very much appreciated.
One way to get started is to think about your favorite uber-for-x use case and implement a demonstration of how this marketplace would work using IOTA and standardized identifiers from eCl@ass.
The second challenge revolves around endowing devices with intelligence. Within our online demo of the Industry Marketplace, the user decides whether a Service Provider is able to provide a service.
However, the Industry Marketplace also has participants that act without any user input. In this case, the device itself has to check whether it is capable to provide a service/good with request properties before sending out a proposal.
The objective of the eCl@ss challenge is to build an autonomous decision-making process for devices who can supply multiple goods & services. We challenge you to build a decision-making process for a device to automatically choose the best Service Requests based matching eCl@ass capabilities. Once the best is chosen a proposal should automatically be sent out to the requesting device.
Join the contest!
Apply to the Industry Marketplace Hackathon today and be part of the innovators that will enable the Industry 4.0 vision!