Slock.it is the world's trailblazer in creating blockchain infrastructures.
Slock.it is already collaborating with both startups and established companies. We help energy producers address decentralization or risk being disintermediated. We also work with forward-thinking automotive manufacturers that understand the importance of exploring the service industry, including operating autonomous fleets of self-driving taxis.
Our technology connects the blockchain to the physical world, effectively giving connected objects an identity, the ability to receive payments and the capability to enter complex agreements.
Slock.it is headquartered in Mittweida, Germany and works with clients globally.
Blockcharge, an EV charging project we are developing with RWE.
"We think of IoT as an extended new vertical for network infrastructure. We know it's going to be the backbone for a lot of the data that needs to transact in the cloud for smart cities, fleet management, etc"
A low-cost, private-by-design “democracy of devices” will emerge that will enable new digital economies and create new value, while offering consumers and enterprises fundamentally better products and UX.
Reducing Operating Costs
Slock.it's 'Economy of Things' technology enables machines to operate autonomously, helping companies transition from a product to a service-led growth.
Slock.it aims to address security, identity, coordination and privacy over billions of devices. As part of the collaborative economy, it allows for any object to be rented, sold or shared securely - without middlemen. And in the field of machine to machine communications, it allows for direct, cost-effective payments between objects, as well as doing away with costly centralized servers outlay. Ultimately, this provides a better experience for your customers as all transactions take place instantly and without bureaucratic contract.
Slock.it’s technology also reduces its clients' operating costs thanks to simplified billing while enabling fraud proof accounting. We help replace corporate data silos and fragile data workflows with secure coordination around a shared, immutable blockchain state.
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Scaling to the Economy of Things
We started Slock.it with realistic targets and the simplest of all use cases: the humble smart lock, or ‘Slock’, consuming very little of the processing power available in today's Systems on Chip (SoCs).
Our technology therefore lends itself very well to deeper IoT integration, both in the commercial and industrial sectors, where we are piloting networks of autonomous devices operating as part of an Economy of Things, engaging in contracts with each other, paying each other for their services, yet never having to be centrally managed.