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Rekord IoT by Rekord AG

PreviousPredictEcologyNextVineyard Vantage by SmartGrow AgriTech (IoT)

Last updated 21 days ago

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:

  • 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 10M+ 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:

  • 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:

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.”

Educational resources and developer toolkits via the

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

Rekord Medium blog
Medium blog
https://www.rekord.io/
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