Teaser: DiscoveryIoT ICO competitive advantage

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Discovery enables enterprise clients to track their products at very low costs. Typically, it would cost the company less than 3 US Cents to track their product over an entire month (assuming 12 pings a day per product)!! This is 60-100x lower in cost compared to the existing product tracking solutions, thereby enabling companies to adopt Discovery as a solution of choice.

Since all the data is stored in distributed ledgers of a blockchain, it is 100% reliable and secure from any hacking efforts.

The core product is the revolutionary CLIOT – a smart, self-charging IoT tag, that can be embedded on the products to be tracked. This tag works on the principle of ambient backscatter – a path-breaking concept that helps the device draw power from the surrounding electromagnetic waves, making it self-supporting. Priced at <10 US Cents, the CLIOT would help convert the daily & mundane products (like toothpaste tubes) into smart devices, thereby helping unleashing the true potential of the Internet of Things (IoT).