Stephan Nilsson: IPv6 and blockchain are a “match made in heaven”
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Blockchain is not just a technological aspect of Bitcoin. It can be used for a number of applications such as payments, invoices, document management and especially the supply chain. One of the pioneers in the use of blockchain for the food supply chain is UNISOT, a web3 platform for supply chain traceability as a service.
In his interview with CoinGeek Backstage during the recent IEEE event at the University of Exeter, UNISOT founder and CEO Stephan Nilsson explained how they are using blockchain as well as IPv6 for the benefit of the food industry together with one of their partners, Local2Local.
“Our passion starts from the food supply chain,” began Nilsson.
“We try to do as much as we can to shorten the food supply chain. Right now we have a partner/customer, a company called Local2Local. What they’re doing with our system with us is they’re connecting local farmers – high-quality local organic farmers – with local customers, making food supply chains more efficient and sustainable,” he explained.
During his presentation at the IEEE Exeter Blockchain event, Nilsson described IPv6 and blockchain as a “match made in heaven.”
“I see that what Satoshi already knew when he created Bitcoin, he created this feature called IP-to-IP sending. So, what this means for the industry is that now we can send information, and we can send payments much more securely and more efficient by implementing IPv6 and blockchain together, the UNISOT founder told CoinGeek Backstage on the sidelines of the event.
Nilsson explained that with IP-to-IP transactions, we could have different IP addresses that are just short numbers. He added that with IPv6, different products and devices can have unique IP addresses, allowing for a safer and more efficient industry.
“By implementing IPv6 together with blockchain, we solve many of these [Internet] problems. [It] means that companies can communicate very securely with each other, even to the extent that we now have an unlimited number of IP addresses,” he noted.
“This is the magic thing about having IP with blockchain is that we can monetize the packets of data at the lowest level of the Internet … Now we can actually pay to enter [a] website. You have to pay to do a microtransaction to use an API or something like that, which means we can now make a lot more money and decentralize away from the likes of Google and Facebook,” he said.
Finally, Nilsson shared how eager the students at the University of Exeter were to learn more about the underlying technology of blockchain. He clarified during the discussion that Bitcoin and blockchain “is not a technical system” but a “legal, economic system.”
“We talked about who regulates this, and the answer to that is that we have [a] very decentralized regulatory system today, which means that each country regulates its own country, which means that we don’t have a world government, Nilsson explained. “It is not a world government system. It is decentralized by the current laws and regulations that we have,” he pointed out.
See: Food Supply Chain & Blockchain
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