Kalima Blockchain on the way to establishing a new standard for blockchain-based IoT
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July 15, 2022 – Kalima bridges the gap between industrial IoT and blockchain, by building blockchain technology into IoT ports. In an end-to-end way, IoT data can be collected, transferred, stored, protected and not least made money.
The company was founded by Andre Legendre, who currently serves as both CEO and Chief Technology Officer. He developed this blockchain for industries that have IoT built into their core business model. Furthermore, thanks to the diverse API integration, all types of data can be built into the Kalima ecosystem. This also enables independent developers around the world to develop parallel chains and DApps.
Kalima aims to make money from data collection while ensuring data integrity and immutability. Kalima consists of Kalima MainChain and a decentralized network of separate license blockchains called PrivaChain. PrivaChains provides a space where industries have complete control over their data and can use blockchain technology at the core of their business processes, as they can store, transfer and monetize qualified data.
Kalima Blockchain can generate value for industries thanks to smart contracts on the client side, which are smart contracts that can be adapted to the customer’s needs. This means that each customer’s needs can be met in a unique way and creates value from their collected data.
Customers who earn thanks to Kalima are various multinational companies, such as Enedis, Tenneco, Spie and ArcelorMittal. Enedis is the first distributor of electrical products in France, Tenneco is a global car company, Spie is a European leader specializing in electrical, mechanical and climate engineering, and ArcelorMittal, one of the world’s leading steel and mining companies. These companies highlight the potential of the Kalima Blockchain and serve as groundbreaking examples for other industries.
Kalima’s product integrates connected objects and networks into its technology, and further enables the industry to store, collect, transfer and monetize data. Industries in the supply chain, healthcare, energy, finance, identification and connected infrastructure can benefit from such an ecosystem, and that is why more customers are expected to stay on board following the successful groundbreaking examples.
Kalima can also build individual assets into a company such as a digital passport, which will be a non-fungal symbol that shows the life changes of the asset. The health, pharmaceutical, agrotechnology, food and luxury industries will benefit most from this. In addition, Kalima can allow manufacturers and industries that use machines to receive transparent information that enables them to benefit from payment per use.
Kalima Blockchain can monetize the data collected by third parties. This is referred to as “smart reward”, where the data collected from certain IoT sensors can be tokenized in an end-to-end manner. Individuals or companies have full control over the decision whether they want to share and monetize their data or not.
Kalima enables companies and developers to build applications, monetize their collected data, and also bridges the gap between real-time off-chain data and virtual on-chain data.
About Kalima Blockchain
When it was founded, the company intended to develop a blockchain-based IoT standard. Kalima brings new opportunities to make money on data by connecting different types of businesses, including people, objects and services. In addition, Kalima enables companies to develop the next generation of blockchain applications. One of the most important factors of the Kalima Blockchain is its low transaction costs and low environmental impact to the delegated evidence of consensus on efforts.
