Big Data to…

Ian.Atkinson@jcu.edu.aueResearch Centre

• Internet of Things (IoT)• Big Data • IoT & Agriculture• Blockchains

Disruption is all around…

Smokestacks fall during the implosion of Kodak Building 53 on Saturday, July 18, 2015 in Rochester, N.Y. Carlos Ortiz/Democrat & Chronicle via AP Source: AP

An old story…

Important principle

• In the near term, we overestimate change• In the long term, we underestimate changes

https://www2.deloitte.com/au/en/pages/building-lucky-country/articles/digital-disruption-harnessing-the-bang.html

The Internet of Things (IoT)• An obvious idea

– Interconnect everything• Known location & address• A ‘state’• Remotely manageable• Secure• Self‐organising• Autonomous

Big Data• Data sets that are so large that traditional processing is inadequate. 

• Capture, storage, analysis,search, sharing, transfer,visualization, updating and privacy. 

• Insights that would not otherwise be possible.

Precision Viniculture

Mr Daniel WhippVery Low cost; Microclimate sensing and actuation100+m; 100’s of sensors. 

Loss

/hea

d $

Backfat mm

wei

ght (

kg)

WoW as a Platform

Great Barrier Reef 2006

AIMS weather tower

Great Barrier Reef Sensor Network

Data Gateways

Sensor Network

Microwave links - via humidity ducting

InternetWorkflows,

computationalpipelines, Automatic

metatdata generation

Internet

Long term

Storage

Lyngbya

Virulent form of algaeAttaches to and kills sea grassLeaves scaring on the sea floorWashes up on shore line (smells bad!)Contributing factors:

HeatLightNutrient run off (mainly from human activity)Shallow and calm water

SEMAT – c2011

eResearch.jcu.edu.au/SEMAT

SENSOR-taggle

taggle

Hosted on the

SENSOR-

TCC– Urban Water Monitoring

• Temperature• Turbidity• Dissolved O2• pH• Light• Salinity• Pressure/depth

MPU92509-axis Motion

VEML6040RGBW

y = ‐0.1826x + 5604.3R² = 0.9987

y = 0.1888x ‐ 105.62R² = 0.9983

0

200

400

600

800

1000

1200

1400

1600

1800

2000

0 5000 10000 15000 20000 25000 30000 35000

NTU

ADC Counts

ADC Count vs NTU for Scattered and Transmission Channels (SensorQ Sensor Head Version 1.21) 

Transmission Scatter Linear (Transmission) Linear (Scatter)

Fintec…

The BlockChain

EY, 2016

Blockchain Assurance

IoT Environmental

Sensing

Blockchain/Valuechain

IoT Ag-Sensing

Reef-Tick

Ledger.com

Blockchain and Smartcontracts

Blockchain and Agriculture

• Mine automation• IoT data gathering and analysis (Big data)• Full supply chain traceability and transparency• Smart Contracts between supply chain actors• Reducing risk and cost of money• Improved efficiency and utilisation

Consequences?

(Mc Kinsey Global Research 2015)

2020

US$ 7.1 Trillion Estimated economic impact

(Global estimations from 9 analytics agencies, eg. Ovum, GSMA, Gartner)

IoT

Water $330Bn Energy $400BnSmart Home $60Bn

Smart Education $344Bn

Global Smart Waste $705Bn

Security, traffic $1.6TrillionSmart technology $60BnSmart Technology

Smart Health care $ 1Trillion Health care

Smart Building $22BnBuildings

Education

Smart Home

Connected Vehicle $104BnTransport

Smart city

Energy & Utilities

Waste

A Market of $T’s in Vertical Industries

… or

Source: WEF and Financial Times

Smart Contracts

• A smart contract is a computerized transaction protocol that executes the terms of a contract.

• Similar to common contractual conditions: (such as payment terms, confidentiality, etc.)

• Minimize exceptions ‐malicious and accidental.

• Minimize the need for trusted intermediaries.• Lowers: fraud loss, arbitrations,  enforcement costs, transaction costs.