WOS Tech

Internet of Things (IoT)
Artificial Intelligence (AI)
Blockchain

Internet of Things (IoT)

Internet of Things is a network of devices, appliances and vehicles that are embedded with computing systems linked to the internet, allowing these things to be connected for data exchange. IoT serves as extension of internet connectivity to traditionally non-internet items, which can be managed and controlled remotely.

This characteristic helps to capture data from multiple platforms, thus improving data efficiency and ensure higher degree of IoT security.

IoT helps to enhance businesses through its analytics and security, delivering better and ideal outcomes. Sectors such as utilities, oil & gas, manufacturing, transportation and retail will be able to gain competitive edge of IoT by making decisions aided by torrent of transactional data at their disposal. WOS uses IoT devices to collect data and store them on the most reliable technology – Blockchain.

Artificial Intelligence (AI)

AI (artificial intelligence) is a simulation of human intelligence processes by machines, especially computer systems. These processes include learning (the acquisition of information and rules for using the information), reasoning (using the rules to reach approximate or definite conclusions) and self-correction. Particular applications of AI include expert systems, speech recognition and machine vision.

WOS uses AI to analyze data with the aim of finding anomalies, patterns and correlations within large data sets to predict outcomes and provide the most accurate data pattern of a consumer.

Blockchain

Blockchain is a new technology of documenting data on the internet. Information recorded on blockchain can take any form such as monetary transaction. Some of blockchain advantages include:

Distributed Database: In the case where WOS is hacked, the nature of decentralized digital ledger means that the data is protected and securely recorded in multiple locations.

Transparency: Smart Contract publishing enables independent verification of customer balances against publishing by vault provider to confirm transaction accuracy.

Irreversibility of Records: None can temper any of the record without others realizing it. The only way to alter is to control over 50% of the nodes in the network, and within the time period before next block is created.

Programmability: Via Ethereum network, we are able pre-program Smart Contract, running the network by itself without third party interference.

P2P Transmission: As sole owner of the business, our current activities are based on an online to offline centralized economy. World of Sharing (WOS), implies that our business should be conducted by a sharing economy, which will be in our future plan.

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