Rekord IoT by Rekord AG

PROJECT OVERVIEW

• Product: Rekord IoT, a hardware monitoring and analytics solution for IoT infrastructure

• Company Name: Rekord AG

• Industry: Internet of Things (IoT)

• Project or app URL: https://www.rekord.io/

• Geographic Reach: Global

• BSV Integration Start Date: Early 2023

BUSINESS CHALLENGES

Inefficiencies or Risks in the Supply Chain:

• Lack of trustworthy, tamper-proof data across devices

• Data fragmentation and silos

• Burdensome, manual compliance and audit processes

Why Traditional Systems Were Insufficient:

• Centralized systems could not guarantee data integrity

• High integration costs and interoperability challenges with IoT ecosystems

• Inability to scale for real-time, high-volume data from smart devices

WHY BSV

BSV as the Ideal Solution:

• High throughput: Proven capacity of 100M+ transactions/day

• Predictable, ultra-low fees (fractions of a cent)

• Immutable ledger perfect for compliance and auditing

• Scalable data infrastructure for IoT's machine-to-machine demands

Comparison to Other Blockchains:

• Ethereum and similar platforms were ruled out due to scalability limits and prohibitive gas fees

• BSV’s unchanging protocol and microtransaction capabilities made it a standout

SOLUTION ARCHITECTURE

• Rekord developed a full-stack solution combining hardware (VortexSV IoT gateway) and software (RIOT protocol) to write machine data directly to BSV’s public blockchain.

Key Components:

• Data Logging: Real-time IoT data capture and on-chain recording

• Tokenization: Not in current scope, though potential exists for future digital twin implementations

Partners/Vendors:

• Collaborations with hardware manufacturers for gateway development

• Strategic integration via Rekord's open APIs

IMPLEMENTATION PROCESS

Rollout Phases:

• Prototyping and internal validation

• Field deployment with early adopter partners

• Live transaction scaling and ecosystem onboarding

ERP/SCM Integration:

• Rekord APIs were designed to plug into enterprise systems without replacing them

• Flexible architecture allows integration into existing compliance and logistics stacks

Stakeholder Onboarding:

• Educational resources and developer toolkits via the Rekord Medium blog

• Emphasis on enabling ecosystem developers to build atop Rekord’s infrastructure

OUTCOMES & BUSINESS IMPACTS

Quantifiable Improvements:

• Blockchain transaction record shattered: 10M+ daily transactions

• Operational cost savings due to negligible transaction fees

• Real-time visibility improved auditability and data trust across the supply chain

Before vs After:

• From centralized, siloed logs to immutable, verifiable records

• From complex auditing to seamless on-chain traceability

Stakeholder Feedback:

• Clients are impressed by audit simplification and tamper-proof logging

• Increased confidence in data used for reporting, certification, and analytics

CHALLENGES & MITIGATIONS

Technical Hurdles:

• Managing vast data throughput from IoT endpoints

• Ensuring scalability without compromising speed

Mitigation via BSV:

• Leveraged BSV’s stable, high-capacity blockchain for continuous uptime and scale

• Offloaded data validation and persistence to the blockchain layer, simplifying backend requirements

FUTURE VISION

Expansion Plans:

• Onboarding global OEMs, integrators, and logistics providers

• Positioning Rekord as the standard for IoT x Blockchain integration

Planned BSV Enhancements:

• Exploring NFT-based device identities

• Enabling micropayments for machine-to-machine economic models

Developer Community Growth:

• The Medium blog will be central to sharing use cases, tutorials, and platform updates to grow the ecosystem

TESTIMONIAL HIGHLIGHTS

• James Marchant, Founder – Rekord AG:

“Our platform's ability to handle such a high volume of transactions demonstrates the scalability and robustness of the BSV blockchain.”