Hello Hudson and John! First of all, congratulations on winning the UAE GovHack hackathon, an amazing achievement! Your project has progressed by leaps and bounds since it’s inception; you now have two working ACORNS* running, you’ve won the biggest Hackathon in our industry to date, and your Tesla promotional video captivated the imagination of the community. Oaken was also one of the first DApps added as default contacts to Status, so we wanted to connect and learn more about what made your team so successful, and understand your plans for the months ahead. * ACORNS are IoT Machines with Autonomous Communication Over Redundant Node Systems
Hudson Jameson, John Gerryts & James Johnson from Oaken, winners of UAE GovHack
Please tell us, what is Project Oaken?
is a secure, autonomous, machine-to-machine platform built to provide
the underlying infrastructure needed to power smart cities and secure IoT devices. This includes both a software and hardware solution that integrates into existing systems and processes.
What is your role and what is it that you do in Oaken?
My role is as co-founder and CEO. At this early stage though co-founder
is more descriptive of what I do than CEO as we still have the luxury
of being able to truly tackle things as a team. In my mind this is what
has allowed Oaken to be successful thus far and I see us striving to
keep this environment moving forward as we grow.
I am a co-founder and Chief Operating Officer. As a start-up there is a
plethora of roles that bleed over into one another. I handle a lot of
the back-end business side of things and create all of the Ethereum
related infrastructure and Solidity code that we use. It’s a lot of fun!
Could you describe your vision for Oaken and the goal you’re hoping to achieve with the project?
John: Our vision for Oaken is to be the first name that comes to mind when someone is thinking of a Blockchain & IoT
solution. We are looking to position ourselves as such by continuing to
build out revolutionary, innovative & reliable solutions that help
to realize value by leveraging Blockchain in the IoT space.
Hudson: Project Oaken
wants to be the go-to platform for IoT device infrastructure. We want
to build innovative solutions that provide stability and security to IoT
devices while showcasing the benefits of blockchain technology.
want to build a robust layer of secure machine-to-machine value
transfer that will allow for the vision of blockchain to be implemented
on a massive scale.
Tell us little about yourselves, what’s your background and how did you discover Ethereum?
have been a technologist for over 20 years. I came into the crypto
space, as most have, by way of Bitcoin. Being somewhat involved in the
Toronto scene in late 2013 & early 2014 I was exposed to Ethereum
early on, and to a certain degree I “got it”. I entered my first
Ethereum Hackathon preceding the 2014 Bitcoin Expo, with Airlock,
assembled a team the morning of the event, and we placed third at the
“In Crypto We Trust” event.
never looked back as my work on Airlock inspired me to continue to work
with Ethereum. I was able to secure, and successfully deliver on, an Ethereum DevGrant, named EthEmbedded,
in which I ported early versions of the Ethereum client (pre-light
client) to ARM based devices. Oaken is a natural progression from there
as a way to implement the technology I have been working with for years
I have been interested in computers and security since I was a kid.
Throughout high school I focused less on programming and more on
computer security, specifically wireless protocol security and
college I became familiar with Bitcoin which started my obsession that
would last the next 6 years. During my last year of college I was
exploring altcoins and had been very involved in the Darkcoin (now Dash)
community. I saw articles discussing Ethereum and read the white paper.
It instantly clicked for me that this was going to be different than
the other coins I was looking at. The idea of adding programs and
scripts on top of a blockchain has always been a really cool idea to me.
I invested in the crowdsale and started developing Dapps around the PoC8
release (early 2015). Since then I’ve enjoyed participating in the
growth of Ethereum and all the friends I have made in the space.
concept behind Oaken was really interesting because I had seen a lot of
hype in the industry about blockchain + IoT, but not a lot of solid
examples of implementing those ideas.
Hudson Jameson and the huge cheque
role does Ethereum play and help you in the development of Oaken? Any
features you think which will bring even more benefits?
entire platform is currently built on Ethereum to essentially create an
on ramp for IoT in order to leverage Ethereum smart contract
functionality. Oaken simply may not exist were it not for Ethereum as
progress of other blockchains in regards to development are a great deal
I believe a PoS solution will benefit Ethereum the most because of the
security and stability behind it (when properly designed and
implemented). CASPER is looking very promising.
What kind of requirements are there for someone wanting to utilize Oaken? What about the average consumer?
Oaken is currently being developed for the purpose of industrial IoT
and smart city applications, so the requirements vary based on the use
case. For those implementing ACORNs, a solid understanding of how
Ethereum works is a must.
the average consumer it should be as transparent as TCP/IP is for
people accessing the Internet. Once widely implemented, the transparency
of IoT transactions will benefit the consumer. Companies will have a
much more difficult time overcharging customers.
the IoT industry, do you see Oaken as a disruptive force in that field?
Which other industries do you see that it might affect?
IoT is a nascent technology itself, so the standards for IoT are not
set in stone. This provides a great opportunity for blockchain to show
itself to be a valuable technology.
industry is bold enough to adopt the technology first. The applications
for blockchain & IoT span industries and will begin to actually
tear down the walls or silos that separate all the spaces. I have said
it before, If you are still searching for use cases, you don’t
understand blockchain. I think rather that the opposite is true: to pick
just a few is very difficult indeed.
What is it about IoT that got you working on this project?
the most part it was what IoT seemed to be lacking that makes this
project most interesting. It is in these shortcomings of IoT that we are
able to see how perfect the union of Blockchain & IoT truly is.
Identity, Security, & Payments are all problems within IoT that
Blockchain provides solutions to.
is also impossible to overlook the timing in innovation and continued
development of these two technologies and how they not only compliment
each other but are both now being realized as viable at such a crucial
time in tech.
Blockchain and IoT is match made in heaven. IoT devices require
security, identity, and need to transfer value (whether that be data or
money). Blockchain technology is the missing piece of the IoT
infrastructure. There are a lot of exciting new fields that blockchain
can contribute to, but this one will make the biggest industry impact.
So how does blockchain technology make Oaken different from other traditional applications?
Bleeding Edge Innovation. I see most non-blockchain technology as just
re-hashing (no pun intended) or improving the efficiency of existing
tech. With blockchain we have the ability to truly innovate in a new
space and build things no one else has built.
What specifically can you do with your technology currently? What are your biggest challenges on scaling that?
Hudson: We have released a few demos that show how our technology can interact with things like water meters and Tesla automobiles
in order to facilitate in the transparent, autonomous transactions
blockchains provide. The biggest challenge we face is the current
limitations of blockchain technology. Solutions like sharding that
improve transaction throughput and data storage requirements will help
us scale more in the future.
the two main things we can do with our technology is to realize the
value in implementing secure payments via blockchain and to also realize
the value in utilizing smart contracts alongside distributed storage in
lieu of traditional IT infrastructure. We can deploy this specifically
on embedded devices in addition to traditional systems.
Our current proof of concepts are utility meters and self driving vehicle payments with regards to tolls & parking.
Scaling is an issue that we all face in regards to blockchain, and we
all see the dangers of this with the current situation within Bitcoin.
This is why we are currently focused on Ethereum and EVM based chains as
this is where we believe most of the successful development on scaling
and other optimizations will occur. From the geth light client, to Status, to Raiden payment channels we are dependant on, and support fully, community efforts to discover valid solutions to problems.
Are you looking to partner with other IoT companies in the future or do you prefer to keep production in-house?
In an effort to be efficient, we surveyed the existing off-the-shelf
tech on the market in order to implement cryptographic tools on embedded
devices but none of the offerings were able to support Ethereum (or
other blockchain tech for that matter). We then set to work on
developing our own HSM [Hardware Security Module] in order to generate, store and transact with Ethereum keys on-board embedded devices.
have had a great connection with one partner in particular, and have
discussed the possibility of further business in order to leverage what
we are both good at. I think it will ultimately depend on each specific
ACORN application whether we reach out to a partner or not. In summary,
we are capable of doing it in house for now, but as we grow we are
obviously not opposed to partnerships.
Hudson: We are open to collaborating with others.
How are the ACORNS autonomous? And how does Ethereum relate to that?
ACORNs are independent modules of Oaken that are able to interact with
each other. Ethereum smart contracts enable autonomous transfers of
value, which fit nicely into our models.
ACORNs are autonomous in that they allow for independant interaction
and payments from Ethereum node to Ethereum node, or Ethereum node to
Smart Contract without human confirmation or interaction.
you now concentrating your work on polishing the existing ACORNs and
getting them production ready or are you looking to widen the field with
more ACORNs first?
We are currently polishing and expanding the capabilities of our
existing ACORNs while having discussions with parties interested in all
kinds of ACORNs.
built a great foundation during recent months, and we continue to
strengthen that foundation in an effort to be prepared to adapt our
ACORNs to many solutions we are currently discussing with numerous
What are you looking forward to and how big do you see that the project might grow during 2017?
Partnerships and Growth. We have some short term goals we are focusing
on, and some of these will allow us both work with Industry leading
companies and also to add to our already amazing team.
The Project Oaken Team and friends
What do you see as the biggest hurdle in gaining a critical mass for Oaken?
The biggest hurdle is the same hurdle that many groups in blockchains
products face: communication. Being able to get people to understand the
value and benefits of a new technology is the majority of the battle.
Do you see Oaken possibly benefiting from a mobile user interface, like what you have with the Water Meter ACORN in Status?
Absolutely. Although some of our focus is on machine to machine
transactions, there will always be some sort of UI required in order to
leverage the systems that this machine to machine interaction
facilitate. Ultimately increased efficiencies and utility for humankind
is the end goal and mobile devices are the leading interface currently.
Hudson: A mobile interface for Dapps is instrumental in showcasing the value of Ethereum to all users. Even beyond demos, Status is one of the only tools an average user can use today to interact with Ethereum.
So when do you think people can get their hands on Oaken products?
see Oaken as an “Infrastructure First” platform. So basically when
people can truly get their hands on Oaken, they may not even know they
are using it.
Which other Ethereum projects are you personally most excited about?
John: Oaken: Raiden for low cost micro transactions.
Personally: ENS & Golem, excited to get to play with both!
John: Definitely Status. The amount of time and effort that we DON’T need to invest in mobile development is fantastic.
Any words for the readers, like what can they do to help Oaken?
continue the awesome development on all the great Ethereum based
services and help us help you. If there is anything we can do to
contribute to the progress of the technologies built on the platform we
are more than happy to discuss! We need you to all be successful for us
to be successful!
Thank you for registering for the upcoming MyBit crowdfunding campaign set to officially go live in the next few hours at 00:00 GMT +0 (London) and run for 30 consecutive days.
The first tranche of coins totaling 4,500,000 MyB are set at a 25% discount. Please review the MyBit Deal Sheet located in the footer of the ICO Dashboard for full details and specifications. Please note that we cannot guarantee the price you will receive due to the smart contract processing orders as they come in (speed of placing orders is important, but if you are tuned into our Slack channel with orders ready to go when the official launch is announced, you should be fine).
An AMA will be held tonight on our slack channel, https://mybit-dapp.slack.comhttps://slackin.mybit.io.
If you are having issues logging into the platform, please clear your browser’s cache and reload the page. If after that, you are still encountering any problems, Slack is the best option for fast communication to resolve the issue as quickly as possible.
Below are helpful links and documentation regarding the MyBit platform.
In Mist, select CONTRACTS as shown in the red box below.
Under CONTRACTS, scroll down to the bottom. Click on WATCH TOKEN.
An ADD TOKEN window will pop up.
Under TOKEN CONTRACT ADDRESS, input: 0xfa05A73FfE78ef8f1a739473e462c54bae6567D9
The rest of the fields will be automatically populated as seen below.
Click OK to continue.
You will see your LUN balance under LUNYR TOKEN. Click SEND on top.
In the “Send funds” window
Select the FROM address that holds LUN you want to transfer fromInput the TO address that you want to transfer LUN toInput the AMOUNT of LUN you want to transferMake sure to select “Lunyr Token” as shown in the red box belowSelect
FEE and make sure you have enough ETH to pay for it. In the screenshot
below, the FEE is 0.00075228 and the ETH balance is 0.003 ETH, which is
down to click SEND. The Execute Contract window will pop up. Enter
password for the FROM account, then click SEND TRANSACTION.
The first two weeks of March have been an exciting time for the project. Advances in development, publicity, and the large rally in ETH have been the center of our attention during this time — some highlights are to be detailed below.
We’ve made advancements in development during the last two weeks as we’ve created basic prototypes for certain aspects of the fund while also refining other technical concepts. For instance, one of our more rough and early concepts — ‘Credit Proposals’ — which allow a decentralized VC platform to take on leverage, has been overhauled to allow for more secure and reliable collateral. While concepts like this are far from perfect, we enjoy the challenge of trying to bring new ideas into practice and engaging with knowledgeable members of the community along the way.
Additionally, we look forward to progress in the Ethereum Name Service (ENS) and StabL Coin platforms and are actively researching how it could improve Vega.
Last week we were the subject of an article published on both Bitcoin Magazine and NASDAQ by Giulio Prisco. This exposed Vega to a much wider audience and sparked valuable discourse with a variety of interested people. We were also the subject of an article on ETH News, written by Jim Manning. We’d like to thank both Prisco and Manning for the great articles — we appreciate opportunity to be exposed to so many enthusiastic individuals.
Finally, we are excited to announce that we’ve officially added Mikko Ohtamaa, former CTO of LocalBitcoins and current Co-Founder at TokenMarket, to the Vega team as an advisor. His technical expertise and general experience in this market will be invaluable moving forward.
Thanks to all those who recently taken interest in the project — we look forward to discussing ideas with you.
If you have any questions, comments, or feedback, please join our Slack, where we are most actively engaged.