IoT Data Tokenisation in Enterprise Blockchains

IoT Data Tokenisation in Enterprise Blockchains

IoT Data Tokenisation in Enterprise Blockchains

Since blockchain emerged alongside Bitcoin over a decade ago, the technology has come a long way and today serves many industries as a decentralised, secure, and efficient medium for exchanging digital assets.

The blockchain market is predicted to grow to nearly 40 billion USD by 2025. Blockchain promises an efficient way to store data, execute transactions, perform business functions and establish trust in open environments. Most of the blockchain strengths reside in intelligent cryptographic algorithms and distributed computing concepts.

Blockchain is becoming the much-needed solution for data and insight sharing in highly regulated environments such as healthcare and financial industries. At the same time, it democratises the Internet of Things (IoT) and artificial intelligence (AI) applications by facilitating the secure and regulated exchange of valuable data and business insights.

Information like any other asset can be tokenised and exchanged on the blockchains. For example, HPE Swarm Learning is a new concept that uses blockchains to exchange valuable insights between intelligent devices at the edge while protecting the underlying data from being exposed. Read on to learn about blockchain capabilities, how enterprise assets can be tokenised, and the details of HPE’s Swarm Learning tool.

Blockchain overview

Blockchain can be seen as a decentralised database that is shared across the nodes of a network. The database stores information about transactions that occur in the network. Every participant in a network holds the latest validated version of a blockchain. New transactions are added to the database only after the predefined consensus is reached.

Consensus mechanisms in the blockchains are backed by advanced cryptographic algorithms that offer inherent advantages. Namely, these algorithms make the blockchains secure and immutable. Once the data is entered into a blockchain, it cannot be removed or tampered with, while any participant in the network can use unique signatures to verify the validity of network transactions.

Blockchains can be classified as public, private, and consortium.

Public blockchains, typically cryptocurrency blockchains, are open for everyone to participate. These blockchains are also termed “permissionless” since they do not need any special permissions for participation.

Private blockchains have restricted access and operate under rules that define how data is accessed and how the consensus is reached. These blockchains are so-called “permissioned” blockchains. Private blockchains have a defined user hierarchy and, while not fully decentralised, still offer the security characteristics of public blockchains. This is when taking into account one attack vector.

Consortium blockchains are semi-private, permissioned environments that are governed by a consortium of enterprises. Consensus is often reached through a group of validators. The access rules are flexible, and the data’s visibility can be granted to only selected members or all participants.

Blockchain capabilities

Both permissionless and permissioned, blockchains offer numerous business advantages.

The first and foremost blockchain capability is facilitating trust in open business environments. Blockchains are often called trustless networks because participants do not have to trust each other to engage in business transactions. The mechanisms that fuel the trust are security, transparency, and traceability.

Blockchains are decentralised and allow peer-to-peer transactions. Business transactions are verified once the predetermined consensus is reached, and there is no need for an intermediary party. When a transaction is initiated, the details are broadcast to the network participants. After successful validation, the transaction is added to the blockchain and cannot be modified afterwards.

The transactions in a blockchain network are fully visible and traceable. Participants of a blockchain can individually verify all transactions historically and view the transaction details. Due to the inherent security advantages of underlying cryptographic algorithms, blockchain transactions are immutable.

The automation in blockchains is mainly achieved through the smart contracts feature. Smart contracts are simply the rules programmed to execute once a predetermined set of conditions are met. Thus, automated contracts eliminate the need for intermediaries and can automate complicated workflows. Their execution triggers new contracts that eventually lead to meeting specific business goals for participating parties.

Tokenisation of enterprise assets

Blockchain tokens are digital representations of assets with value. Participants of the blockchain can buy, sell and exchange these tokens via blockchain transactions. One of the main advantages of the tokens is that they enable trading of a normally indivisible asset (art painting, real estate, etc.).

Tokens in the enterprise blockchains can increase operational efficiency. In enterprise blockchains, tokens are issued (minted) based on the proof of possession of an asset. In other words, tokens are pegged to an enterprise asset. Once issued, these tokens can be transferred, traded, or redeemed depending on the use case.

Tokens enable the trading of intangible assets such as data or information as well. Similar to other enterprise assets, fiat currency or gold can also be tokenised. So-called stable coins are pegged to real-world commodities and can speed up transactions and eliminate the need for intermediaries.

Blockchain in practice

Tokenisation is an area of massive growth in blockchain, with many industries starting to embrace its potential. The partnership between Blockhead Technologies and ABC Refinery is one home-grown example.

ABC Refinery, Australia’s largest independent precious metals service group, last year partnered with Blockhead Technologies to create a technology platform that enables precious metal traceability and tampering detection. Fraudulent gold bullion is an increasingly costly issue as the price of gold climbs. Blockhead’s blockchain-enabled ‘STAMP Vision’ platform uses advanced image processing of gold bullion and, by leveraging the security of the blockchain, can track gold throughout the entire supply chain.

The advanced image processing creates a ‘digital fingerprint’ for each gold and silver bullion bar and stores it in a cryptographically secure manner. This information is quickly accessible via a mobile app, enabling ABC Refinery to see that the bullion is authentic and has not been tampered with.

Swarm learning

In the current IoT (Internet of Things) use cases, the data is shuttled back and forth from the edge to a central data centre for analysis, and results are delivered back to the edge. This back-and-forth method is slow, expensive, and not secure. It simply cannot support the needs of intelligent devices. With Swarm Learning, insights gathered by smart devices at the edge can be shared globally, without needing to shuttle private data to a centralised hub or cloud. Not only does this create a less expensive and more elegant system, but data sovereignty is protected.

In the Swarm Learning scenario, the intelligent devices process data right at the source. The processing takes place within edge devices such as semi-autonomous vehicles that gather petabytes of driving data each day or in a fraud detection system that tracks credit card purchases as they happen. In both of these scenarios, the observations gathered at many locations are only truly valuable when shared and turned into a collective understanding by the entire group. This way, when one vehicle encounters a problem, an entire fleet can be trained to avoid it.

With the help of blockchains, the insights can be sharable and secure. By tokenising intelligent insights, enterprises can trade them in a global, blockchain-backed marketplace. The process allows blockchain participants to sell or exchange information without giving away the underlying data. Thus, Swarm Learning enables the monetisation of information processed at the edge.

Final thoughts

Huge amounts of data are collected daily from edge devices, whether they be sensors, IoT, or endpoint computing. These vast amounts of, often sensitive, data require a solution that protects the data from its collection point at the edge to the subsequent movements and actions applied to it.

Blockchains enable secure and transparent peer-to-peer transactions in business environments. The businesses that use blockchains are capable of cutting costs due to the improved efficiency of transactions. For example, automated transaction handling eliminates the tasks of data handling, reporting, and auditing. At the same time, automatic settlement of transactions saves cost by eliminating the need for intermediary vendors.

Blockchains are a necessary element of Swarm Learning. They enable edge locations to share insights in a trusted manner. As a result, systems become more intelligent, faster, less biased, and more accurate, and AI algorithms can be trained on a greater volume of data while following relevant privacy laws. Swarm Learning is also reducing IT costs by eliminating unnecessary data movement and duplication.

The world is shifting from data centres to millions of centres of data. It is only a matter of time when tools such as Swarm Learning will become mainstream. For modern IT organisations it is essential to start implementing IoT, edge, AI, and blockchain solutions into their workflows to maintain their competitive advantage.

Consider the types and volume of data your business is collecting at the edge and how you want to automate and secure that data and its movement. By keeping the data as close to the source as possible, your organisation will see greater efficiencies. As your IT partner, we’re interested in hearing more about your edge requirements and helping you fully leverage the available solutions.

Exploring the Possibilities of Aruba Central

Exploring the Possibilities of Aruba Central

Exploring the Possibilities of Aruba Central

Cloud adoption and the intelligent edge have rapidly accelerated in recent years, transforming IT domains such as compute, storage and, now, the network. For businesses to adapt to rapidly changing circumstances, they must take advantage of new networking technology; with agility, connectivity, and the ability to support remote and WFH models as priorities.

The ongoing COVID-19 pandemic has exacerbated this need, requiring networks to have a unified infrastructure that eliminates silos and streamlines operations with full security, and AI powered features that can identify issues before they occur.

As organisations pivot to hybrid working environments, there are common challenges that many companies face. Ensuring optimal network efficiencies with near-zero downtime so that users can communicate remotely with each other, their clients, and company servers is critical. This challenge is further compounded by many organisations having outdated management systems, and historically complex and distributed IT infrastructure, including diverse communication channels, network architectures, and software applications.

Additional challenges include:

        • Technology silos – Which hinder agility
        • Lack of automation and visibility – Time-consuming implementation and poor understanding of root cause issues
        • Security threats – Unauthorised installations of IOT devices
        • Remote worker issues – Limited performance and output
        • Economic and resource constraints – Reallocating budgets to meet shifting priorities

As a result, legacy networks struggle to manage the requirements of today’s business environments.

The network needs of modern businesses

To ensure business success, agility and operational efficiency are critical. Modern networks must keep up and have the ability to deploy services to support the Intelligent edge, and to see beyond the here and now.

Aruba Central is a powerful cloud networking solution with AI-powered insights, workflow automation, and robust security that enables IT to manage and optimise campus, branch, remote, data centre, and IoT networks from a single dashboard. All of which can be consumed as a service.

Below we explore some primary network requirements for modern businesses and how they can be met with Aruba Central.

1. Network performance

Automation must be a defining characteristic of the modern network. Configuring, managing, testing, deploying, and operating physical and virtual network devices should be automated.

Network service availability (or uptime) improves exponentially when daily tasks, functions and repetitive processes are automated.

Aruba Central’s analytics reports compare the latest metrics against pre-programmed operational models, providing real-time information to help make functional decisions to improve network performance, broad visibility, and monitoring.

Raw network data, including real-time streaming data, is collected and analysed to provide up-to-date information that will help improve the performance, reliability, visibility, or security of the network.

2. Network management

Networks that are managed using a variety of siloed tools, with limited AI functionality, and reduced feature and deployment flexibility can impact agility and the ability to support ever-changing working environments. Today’s management systems include AI-powered features with built-in security, and the ability to unify network operations across all domains and locations.

Aruba Central has a vision for unifying network management under a single pane of glass. This ‘as a service’ model is gaining traction due to the ability to control costs, increase efficiency, and reduce downtime. It also enables organisations greater flexibility and control over how they consume and pay for their network management.

3. Network assurance

Network assurance is essential to ensure that the appropriate level and quality of network service are delivered to customers. These assurance features help improve network performance and security as well as the user experience.

The most effective way to implement a robust network assurance strategy is to ensure that network security, usage, and quality policies are clearly defined and well-maintained. The network and the assets, infrastructure, data, and software remain secured at all times.

Aruba Central is designed to cater to both cloud and on-premises network infrastructure; thereby, providing a single solution for organisations that have networks that span both environments and have either cloud or on-premises network architecture.

Benefits of a cloud-based networking system

To maximise the many advantages of the cloud, a network should be agile with the ability to connect into and out of cloud data centres through to remote working locations.

The benefits of cloud networking include:

        • Reduced infrastructure spend
        • Automated, centralised software updates ensuring that the network and all devices on the network are secure and patched, preventing hackers from gaining unauthorised access
        • Automate and assist decision making by powering AI and machine learning
        • The ability to quickly scale up and scale down IT infrastructure without having to purchase and wait for expensive equipment to arrive
        • Improved productivity and user experience

Aruba Central is unique in that it is the only cloud-native networking solution that orchestrates the management of such diverse network infrastructure. It is designed to simplify the maintenance of corporate networks through a single interface or dashboard for all operations.

Aruba Central’s key benefits include:

        • AIOps (Artificial Intelligence and Operations) for wireless, wired, and SD-WAN (Software-Defined Wide Area Network) or virtual networks which enables the network to predict issues before they occur, resulting in a proactive approach rather than reactive
        • The ability to rapidly scale up to tens of thousands of cloud, on-premises, and as-a-service devices in a single instance resulting in better use of resources and outcomes
        • Zero-touch provisioning that simplifies deployment and lifecycle management
        • Automated orchestrated capabilities from a centralised management console
        • Zero trust security to increase protection levels whilst simplifying operations
        • IT teams are able to manage network infrastructure remotely

Aruba Central offers organisations a simple, secure, and cost-effective way to deploy, monitor, and manage both wired and wireless networks.

Aruba Central has the capacity to simplify the process of adopting a cloud-based network architecture. And where remote employees need to install their own edge network devices, Aruba’s zero-touch provisioning allows non-technical users to unpack and power on the Access Point (AP) or switch. Its configuration and firmware are downloaded and installed directly from Aruba Central.

Aruba Central offers the ability to set up the zero-touch provisioning and monitor from a centralised user interface (UI) to ensure that the devices are provisioned correctly for remote employees. Analytics provided by Aruba Central to monitor and optimise these devices can be used to improve remote worker productivity.

Final thoughts

When implementing a successful hybrid remote/office model, one of the most significant considerations for all organisations is the imperative of upgrading or improving their IT network and server infrastructure.

Aruba Central is the only cloud-based networking platform that supports both on-premises and cloud-based networking with a single UI to deploy, manage, and monitor infrastructure across campus, branch, data centre, and remote workers.

With today’s ever-changing working environments, contact us, as your IT partner, to find out more about how Aruba Central can work for you.

5 IT choices that can immediately counter climate change

5 IT choices that can immediately counter climate change

5 IT choices that can immediately counter climate change

Building a green business is an important goal – but it doesn’t have to be purely altruistic. On average, environmentally-friendly businesses save more money, are more productive and have better overall reputations. In fact, 88% of consumers say they want businesses to be more environmental and ethical. It’s actually the basis for most of their purchasing decisions, too.

88% of consumers say they want businesses to be more environmental and ethical.

Whether you want to go all-in on creating a sustainable business or simply make a few eco-conscious changes around the office, these IT choices are a good entry point.

Engage in environmental purchasing

Going green at work starts with making informed purchases and spending in line with your environmental values. By doing business with sustainable companies and prioritising environmentally-focused IT equipment, individual companies can really move the needle on climate change.

The University of Queensland recommends this multi-step checklist when shoring up your purchasing options for sustainable electronics.

  1. Evaluate the sustainability of potential purchases through the EPEAT (Electronic Product Environmental Assessment Tool) system.
  2. Choose products that are ENERGY STAR designated.
  3. Check that equipment complies with the International Labour Organisation (ILO) core framework.
  4. Purchase from companies who use recycled materials in their electronics and packaging.
  5. Extend preference to sellers who offer end-of-life take backs.

Go digital

Leaning into digital tools and solutions is a green goal for many modern businesses.

For some, the easiest place to start is going paperless. Not only can it help your business save money and better safeguard your data, it also protects against dangerous deforestation.

The associated costs of using paper are estimated at 31 times the purchasing cost.

Considering that the associated costs of using paper are estimated at 31 times the purchasing cost, it also just makes good business sense. Looking to ease in? Start by signing up for ebills and investing in digital project management tools and document management systems. Nitro reports that 59% of organisations that do invest in paperless document management realise a complete ROI in less than a year.

Turning your brick and mortar business into an online store is another eco-conscious option. Not only does it reduce consumption of natural resources like water, electricity and natural gas, it also decreases vehicle emissions by lessening the number of drivers going back and forth to your storefront.

Embrace IoT

Before you know where to cut back on energy consumption, sometimes you need to know where you’re overusing. That’s where The Internet of Things (IoT) can help.

Using IoT sensors and devices can help businesses automate their green routine by continuously monitoring usage and flagging performance abnormalities, as well as alerting users about maintenance issues.

Choose green web hosting

Feel like you’re doing a good job of keeping things sustainable in-office? What about the energy drain your business might be unknowingly contributing to with its web presence?

Over a billion websites are hosted on servers worldwide. Many of these run on fossil fuels and waste unthinkable amounts of energy. No wonder, Sustainable Business Toolkit reports that the internet produces almost as much pollution as the airline industry.

Choosing a green web hosting company can help counteract this overconsumption. How it works: “Green web hosting companies purchase renewable energy credits to offset the energy used by your website, making your website carbon-neutral or even carbon negative!”

Recycle your old tech

We’ve hit a new global milestone: 53.6 million metric tonnes (Mt) of electronic waste generated worldwide in 2019. According to the UN’s Global E-waste Monitor 2020, that’s a 21% jump in just the last five years. By 2030, that tonnage is expected to double.

Businesses who want to do their part should work with a certified e-waste recycler. They ensure that as you phase out old equipment and invest in new technology, the usable components get repurposed for other machines or responsibly upcycled – and stay out of oceans and landfills.

Why not take it a step further and obtain an e-waste recycling certification from NSF International so you can do the recycling yourself?

These eco-strategies prove that greening your IT choices and products can lessen your business’ impact on the environment without increasing your operational costs. In fact, going green actually helps you save some green. Plus, being a good environmental steward is really the ultimate perk.

Power your data from edge to cloud

Power your data from edge to cloud

Shed the complexity and silos inherent in conventional hybrid cloud environments with category-defining cloud-native data infrastructure that delivers a cloud operating and consumption experience wherever data lives. Stop managing infrastructure and start simply accessing and utilising it, as a service and on demand.

Get the agility of cloud – everywhere

Forget maintaining, upgrading and tuning on-prem, edge and cloud storage in isolated, complex silos. HPE Alletra delivers a common experience across clouds – as a service and with limitless scale – through cloud-native management of your entire environment from a single, SaaS-based console.

Run any app – without compromise

Meet any SLA, from core mission-critical and business-critical apps to remote edge needs and test/dev and analytics in the cloud. HPE Alletra delivers workload-optimised systems that deliver flexibility without complexity. Enjoy predictable high performance and non-disruptive scale, all backed by 100% availability guarantees for your mission-critical workloads.

Free your data across hybrid cloud

Unleash the true potential of hybrid cloud with a unified data platform from edge to cloud that delivers consistent data services, unified management and seamless data mobility. Maximise your innovation with performance, flexibility and scale for every app and mobilise data, wherever it lives, with the best of every cloud.

Drive your most demanding workloads

Ideally suited to workloads with extreme latency and availability requirements, HPE Alletra 9000 delivers mission-critical reliability without sacrificing agility. Consolidate traditional and modern mission-critical apps with All-NVMe performance and ultra-low latency – backed by a 100% availability guarantee – and ensure business continuity with a complete suite of advanced DR solutions on-prem and in the cloud.

Harness maximum efficiency for your apps

For business-critical workloads with strict availability and performance SLAs, there’s HPE Alletra 6000, built on an ultra-efficient architecture for fast, consistent performance and industry-leading data efficiency. Ensure resiliency with 99.9999% availability guaranteed, scale as you need and easily extend to the cloud with consistent data services.

FREE YOURSELF FROM THE COMPLEXITY OF HYBRID CLOUD.

HPE Pointnext for Digital Transformation

HPE Pointnext for Digital Transformation

When businesses don’t adapt to new data sources, business models, and threats, they can’t compete. Digital transformation hinges on being flexible—always staying ahead of what’s next. With HPE’s heritage and strength in infrastructure/technology, partner ecosystems and the end-to-end lifecycle experience, HPE Pointnext Services provides powerful, scalable IT solutions for your business.

DIGITAL TRANSFORMATION IS THE NEW IT GOAL

Let the experts from HPE Pointnext Services tailor a digital transformation strategy that not only meets your business and IT needs, but accelerates your time to delivery.

Storage Data Migration Service

 ✅ Migrate to HPE Nimble Storage, HPE Primera or HPE 3PAR

 ✅ Local SP resources (except for Phone Support SKU)

– Remote service delivery using Local South Pacific resources

– On-site delivery will require custom Statement of Work

 ✅ Building block migration strategy

 ✅ Same migration SKUs to use for all HPE Storage equipment

 ✅ HPE will determine/ recommend the appropriate migration methodology to use

– HPE Peer Motion is used as the data migration method

– Except when an Appliance is needed.

SKU

Description

Up to # of Servers

Max # of Source Array/s

Up to # sites

HR2L6A1 HPE Data Migration 5 Server Base SVC

5

1

1

HR2L7A1 HPE Data Migration 10 Server Base SVC

10

1

1

HR2L8A1 HPE Data Migration 50 Server Base SVC

50

2

2

HR2L9A1 HPE Data Migration 100 Server Base SVC

100

2

2

HR2M0A1 HPE Data Migration 250 Server Base SVC

250

4

4

HL3P5A1 HPE Data Migration Addon 10 Server SVC

Addon 10 Servers

Pre-requisite Base SKUs: HR2L7A1 (10), HR2L8A1 (50), HR2L9A1 (100), HR2M0A1 (250) .
HL3P6A1 HPE Data Migration Addon 50 Server SVC

Addon 50 Servers

Pre-requisite Base SKUs: HR2L8A1 (50), HR2L9A1 (100), HR2M0A1 (250)..

SU

Description

Up to # of TBs (using an appliance)

HL3P7A1 HPE Data Migration Appliance 25TB SVC

25 TBs

Pre-requisite Base SKUs: HR2L7A1 (10), HR2L8A1 (50), HR2L9A1 (100), HR2M0A1 (250).
HL3P8A1 HPE Data Migration Appliance 100TB SVC

100 TBs

Pre-requisite Base SKUs: HR2L7A1 (10), HR2L8A1 (50), HR2L9A1 (100), HR2M0A1 (250).

With decades of experience helping organisations transform, support, and operate their IT, our expertise is at the sweet spot where business meets technology. And as the leader in as-a-service approach, we help organisations take advantage of cloud economics with agility and scalability and a pay-for-what-you-use model.

HPE StoreEasy 1460 and StoreEasy 1660 Storage

HPE StoreEasy 1460 and StoreEasy 1660 Storage

The Right NAS Storage can Help you Focus on your Business

HPE StoreEasy is tailored to make on-prem file storage straightforward for SMB customers with IT generalists on staff. Not only does it deliver a highly competitive value against other NAS vendors, HPE StoreEasy is significantly more affordable and efficient than public cloud file services and easier to manage than off-the-shelf general-purpose servers.

CURRENT SMB CHALLENGES

  • Without NAS/file server in place, likely running out of internal server capacity, or want to leverage external storage to improve server efficiency

  • Inability to keep pace with growing volume of data, sustain growth affordably

  • Limited IT staff/resources require solutions with low-touch management and enough reliability and resiliency for peace of mind

WHY STOREEASY 1460 AND STOREEASY 1660?

  • HPE StoreEasy Storage is a leading network-attached storage (NAS) platform under $19K AUD and provides SMBs and remote offices with low-cost storage for file and application data. The sixth-generation HPE StoreEasy 1000 products are built on HPE ProLiant Gen10 hardware with the Windows Storage Server 2016 OS (Standard Edition), and include the web-based HPE StoreEasy management console pre-installed, which dramatically simplifies file storage management for Windows-based NAS

HPE StoreEasy 1460 Storage

HPE StoreEasy 1660 Storage

  • 1U rack mount, ideal for small sites and remote offices where storage capacity requirements range from 2 TB to 18 TB usable
  • Built on HPE DL360 Gen10 servers (4 LFF) • Includes Windows Storage Server 2016 OS, HPE StoreEasy management console, HPE iLO Advanced license with 1 year support, 4 x 1GbE network ports, 8 GB RAM and Intel® Xeon® Bronze 3204 CPU with optional compute and networking upgrades
  • Low-cost enterprise-grade NAS that competes primarily against the enterprise offerings from home-office NAS vendors like Synology, QNAP
  • 2U rack mount, ideal for small to medium customers with moderate capacity and performance requirements and greater anticipated data growth over usable life of NAS (up to 224 TB usable)
  • Built on HPE DL380 Gen10 (12 LFF standard, options up to 16 LFF)
  • Includes Windows Storage Server 2016 OS on mirrored SSDs, HPE StoreEasy management console, HPE iLO Advanced license with 1 year support, 4 x 1GbE network ports, 16 GB RAM and Intel Xeon Bronze 3204 or Silver 4208 CPUs with optional internal compute, storage, and networking expansion or upgrades
  • Competes primarily against Dell EMC NX3340