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Nodio’s Blockchain-Based Router Plans To Utilize Ethereum Smart Contracts

By

Jim

Manning

WriterETHNews.com

Nodio has created a blockchain-based router that allows a user to remain anonymous while connected to the internet. They plan to integrate Ethereum's blockchain to make use of smart contract technology.

Nodio is a blockchain-based router that aims to provide absolute privacy for end users. They even plan to leverage Ethereum’s smart contracts to secure peer-to-peer interactions. Their main focus is on guaranteed privacy. Nodio achieves this by acting as a VPN (virtual private network), or VPN over TOR Network. A VPN allows a user to access the internet without revealing details about themselves. Nodio would also act as a personal micro server, storing decentralized applications (Dapps) and their data, using high-level security.

Not having to rely on a traditional router or ISP means Nodio is highly autonomous. It’s designed to work during emergency scenarios, due to its 4,000 mAh battery. So if the power goes out, Nodio won’t. It even has an LTE module so it can connect to the internet via mobile networks. They eventually plan to integrate smart home functionality, allowing you to control lights, temperature, and more household features from the device. Nodio wants to become a hub for the Internet of Things (IoT), as well. Rather than leaving every device in your home connected to the internet on its own, everything would be controlled, and secured, by Nodio. This would help attenuate the creation of botnets, which is when hackers hijack household machines to deploy DDoS attacks.

Nodio also aims to become involved in the sharing economy. Like most companies involved in decentralization, they’re big proponents of cutting out the middleman. Nodio wants to eliminate the need for a trusted third party by utilizing Ethereum smart contracts. If their devices can talk directly to one another, and place transactions on Ethereum’s blockchain, P2P interactions become that much more secure. In their white paper, Nodio said:

“We don't see a reason to create another cryptocurrency and a new blockchain when there are already [a few popular networks available] that can satisfy the needs of new solutions based on their platforms. Nodio combines them together in a single solution and use strengths of each of them to perform the most suitable task. For instance, one can create a solution where two parties will conclude an agreement by combining an Ethereum smart contract, Bitcoin's blockchain ID for identification and complete it by paying anonymously through Dash, Monero, Zcash, etc.”

So they plan to take advantage of multiple blockchains for different purposes, rather than create a proprietary one. They do have Xana, their own platform for hosting Dapps; which allows Dapps written in any programming language to be hosted and distributed in a transparent, open-source manner. While they won’t be creating their own blockchain, they do want to enable the creation of private networks.

Nodio wants to be able to build mesh networks, where the actual devices themselves create their own decentralized network. This would allow internet access to be distributed to areas without any coverage, as well as lead to easy private network creation. In a P2P network, users can securely connect to each other without having to go through any external servers. This isn’t about shady people sharing music illegally (though that’s an obvious possibility) it’s more about the fact that you could extend internet coverage to places that have lost internet due to a natural disaster, for example. This would enable potential life-saving communication during a real emergency. Emerging technologies could literally save lives.

Jim Manning

Jim Manning lives in Los Angeles and has been writing for websites for over five years, with a particular interest in tech and science. His interest in blockchain technology and cryptocurrency stems from his belief that it is the way of the future. Jim is a guest writer for ETHNews. His views and opinions do not necessarily constitute the views and opinions of ETHNews.

ETHNews is commited to its Editorial Policy

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