IOTW provides semiconductor solution services that offer cheaper IoT solutions. IOTW's Digital Power System chipset can turn non-IoT devices into IoT devices by simplifying the power system hardware, making the cost lower than the traditional analog power systems in high-power appliances. With the chipset, the turned IoT devices embrace both Wifi connectivity and blockchain. The service will be offered on a tailor-made basis.
IOTW is also a scalable blockchain IoT infrastructure project using Proof of Assignment (PoA) that enables instant transactions and green micro-mining on most kinds of IoT devices as an IoT mass adoption incentives without changing hardware and with minimal electricity cost. No hardware cost is required because IOTW can just upgrade the firmware of existing IoT devices with its FREE system codes. This solution will be suitable for most connected devices. By adding this, the existing IoT devices can have added value and utility as an IoT mass adoption incentive.
Meanwhile, IOTW is building a secure IoT data ecosystem that can collect Big data across brands of different IoT devices. The big data can be valuable for IoT device manufacturers, research institute, and the sellers to make more informed decisions.
Additionally, it will offer blockchain powered IoT Connectivity Solution. It is developing a software integrated with semiconductor technology to replace conventional EMI filters which are heavy, large in size, expensive, and energy-inefficient in high power devices. Its new EMI filter solution is called "Power Semiconductor Filter (PSF)", which offers the following advantages: reducing size and weight substantially; reducing cost for high power devices (30-80% cost cut, higher power has more cost savings); improving efficiency (and hence reducing heat loss) for high power devices (0.5% efficiency improvement means 5W heat loss reduction for 1kW products). The whole PSF solution will be a small chip with or without connectivity, but it will make a perfect IoT connectivity solution.