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Smart device

  • US 10,022,613 B2
  • Filed: 05/12/2017
  • Issued: 07/17/2018
  • Est. Priority Date: 05/02/2016
  • Status: Active Grant
First Claim
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1. An Internet of Things (IOT) device, comprising:

  • a device unit having an address;

    an accelerometer coupled to the unit to detect acceleration;

    a wireless transceiver; and

    a processor to identify the unit in a distributed ledger with the address and coupled to the transceiver and the accelerometer, the processor storing tamperproof events on the distributed ledger and executing terms of a smart contract in the ledger generated by another machine using a module for forming a contract with the other machine when the module receives from the other machine a manifestation of intent to contract and responds with an assent to accept the contract.

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