Robonomics Report by Jesse

Written By
Lark Davis
First Published
September 23, 2020
Last Updated
September 5, 2024
Estimated Reading Time
8 minutes
In this article...

With all the focus on defi lately, there’s been fewer and fewer discussions happening about other sectors in blockchain set to change the way our world will look in the coming years. Robotics is one that fits this description and currently underrated in relation to its impact on our future. So this week we’ll be looking at the Robonomics Network and what it’s doing to bring this future closer and closer to fruition every day.

Introduction

The Robonomics Network (XRT/RWS) is a set of open-source packages for robotics, smart cities, and industry 4.0 developers. Robonomics is the ready-to-work and open-source platform which you can use to connect your robot as a service for end-users (Robot-as-a-Service). Supporting Web3 technologies that install the exchange of technical and economic information between humans and machines. Robonomics is a technical and open source project that opens for developers a new audience of users called “roboticists”. To do this, the team building Robonomics has linked Ethereum and Polkadot with the Robot Operating System (ROS) via the Kusama blockchain. With the help of a tokenized economy, economic incentives are created to maintain Robonomics by a decentralized network of providers. A system where providers can open robotics markets (IoT data markets), manage unmanned traffic and control the launch of work in smart factories. The Robonomics providers can act, but the robotics themselves will always be controlled by Ethereum. This in turn will allow for a decentralized system that globally monitors the activities of cyber physical systems.

These roboticists provide direct access to robot functions, which is based on a subscription or payment for a specific service to users. Users can order robotics services by sending a signed message to the Robonomics Network, where the network will then automate all the next steps. There is one platform for roboticists and two networks at the core of Robonomics. This provides Robonomics freedom in the direction of future Ethereum alternatives. Over the course of four years in development, the Robonomics project participants have completed thirteen R&D projects while writing the current version of the Robonomics platform. These include launching and managing a fleet of drones under the control of a decentralized computer, tokenizing data from IoT devices, industrial zone management, digital market for robots, roadspace negotiation for autonomous cars, robot as a service, and control of equipment maintenance process by supply chain participants based on IoT data. The client for Robonomics Network is called AIRA and stands for “Autonomous Intelligent Robot Agent”. It implements the standard of economic interaction between human-robot and robot-robot. AIRA makes it possible to connect a variety of different robots under decentralized computer’s control (currently only supported by Ethereum and Polkadot/Substrate).

You can operate all current functions with the Robonomics Network using the Dapp interface that is available in any browser with the Metamask extension. Using the DAO IPCI on Robonomics Substrate you can use a public blockchain for open sensor networks. With DAI you can send a public blockchain stamp on any global registration services provided on the Ethereum blockchain. You can check one of the first Robonomics sensors on Fuji Mountain to see…

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Hi! My name is Lark Davis!
I’m a cryptocurrency investor with years of experience and I’ve been making consistent profits in the crypto space.
I’m passionate about helping others do the same, so I run multiple educational channels on crypto investing. 

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