Blockchain startup BiiLabs and IoT solutions provider SoftChef have jointly launched Benchy-Alfred SaaS (Software as a Service) platform for machine-to-machine (M2M) encrypted IoT data.
At the launch of the platform, Josh Chai, founder and CEO of SoftChef, said that the new platform can give clients of both firms versatile applications. BiiLabs co-founder and CEO Lman Chu also noted that the blockchain-ready SaaS platform is designed for enterprises in the IoT-enabled data marketplace.
The platform allows secure and cost-efficient data exchange with M2M services for a variety of industries, according to the Taiwan-based companies. When a connected device exchanges data via Benchy-Alfred, the platform's API will send a transaction notification to the public ledgers, creating a tamper-proof digitally signed timestamp of encrypted data.
Current users of SoftChef's sensor.live IoT platform will find Benchy a new add-on integration that allows them to easily encrypt their device's data directly on sensor.live and safely share data within the sensor.live community, they said.
The SaaS design behind BiiLabs' Alfred API is ideal for scenarios such as proof-of-existence (PoE) and decentralized identifiers (DIDs) as users do not have to master blockchain technology to use it, the companies said. Instead, they can handle the API gateway as regular I/O traffic regardless of whether storage is fully distributed.
Benchy-Alfred can help developers build peer-to-peer (P2P) applications, mobile or other, without having to implement their own P2P networking layer from scratch, allowing them to focus on building the application logic and simply integrate Benchy-Alfred to handle the replication aspect, they added.