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“Information Trading In Internet Of Things (Iot) For Smart Cities”

Abstract: Accordingly, a market-oriented Information trading in Internet of Things (IoT) is disclosed. A market-oriented Information trading in Internet of Things based on information sensing and generating layer comprising of; sensors to directly collect data; sensor publishers to transfer the data to the database of the website ; and service providers to use data and produce services.

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Notices, Deadlines & Correspondence

Patent Information

Application #
Filing Date
24 March 2020
Publication Number
40/2021
Publication Type
INA
Invention Field
COMPUTER SCIENCE
Status
Email
ipr@optimisticip.com
Parent Application

Applicants

MESBRO TECHNOLOGIES PRIVATE LIMITED
Flat no C/904, Geomatrix Dev, Plot no 29, Sector 25, Kamothe, Raigarh-410209, Maharashtra, India

Inventors

1. Mr. Bhaskar Vijay Ajgaonkar
Flat no C/904, Geomatrix Dev, Plot no 29, Sector 25, Kamothe, Raigarh-410209, Maharashtra, India

Specification

Claims:WE CLAIM:
1) A market-oriented Information trading in Internet of Things based on information sensing and generating layer comprising of;
a. sensors to directly collect data;
b. sensor publishers to transfer the data to the database of the website ; and
c. service providers to use data and produce services.
2) The market-oriented Information trading in Internet of Things based on information sensing and generating layer as claimed in claim 1, wherein the said Components working in this layer can sense, collect and generate “raw” data either from the environment or within the network devices.
3) The market-oriented Information trading in Internet of Things based on information sensing and generating layer as claimed in claim 1, wherein the said information services in this layer are applied to serve the needs and demand of city users and traffic forecast information services can be adopted by smart transportation users to predict traffic situation and plan their trips.
4) The market-oriented Information trading in Internet of Things based on information sensing and generating layer as claimed in claim 1, wherein the said Raw data from above layer is processed in this layer and used to provide services.
, Description:FIELD OF THE INVENTION:
The present invention relates to information trading system. The present invention more particularly relates to an information trading in internet of things (IOT) for smart cities.
BACKGROUND OF THE INVENTION:
Smart city applications aim to improve quality of lives of citizens, increase efficient public and private resource utilization, and reduce pollution, nuisance, and crime. Smart city introduces a unique requirement to Internet of Things (IoT) system designs. Specifically, IoT systems will be used by numerous and diverse smart-city applications and users with large quantities of data generated. This is significantly different from general IoT systems that are designed to support specific single-purpose applications. As such, information collected and used in the IoT systems can be treated as a commodity which can be traded among information producers, processors, sellers, and customers/users. Moreover, as smart-city applications mainly aim at ordinary users, e.g., governments and individual users, it is unnecessary to reveal too many IoT device layer details in the applications, such as structures and functionalities. Processed data and services are usually required to be delivered to users.
Internet of Things (IoT) technology is a fundamental infrastructure for information transmission and integration in smart city implementations to achieve effective fine-grained city management, efficient operations, and improved life quality of citizens. Smart-city IoT systems usually involve high volume and variety of information circulation. The information lifecycle also involves many parties, stakeholders, and entities such as individuals, businesses, and government agencies with their own objectives which needed to be incentivized properly. In the conventional systems, there can be a centralized authority or provider to deploy IoT devices and collect data from them.
So there is a need for a market-oriented Information trading in Internet of Things (IoT) for Smart Cities with emerging information exchange and resource allocation techniques. The present invention helps to achieve effective fine-grained city management, efficient operations, and improved life quality of citizens. The present invention is a Smart-city IoT system which involve high volume and variety of information circulation. The present invention smart-city IoT system, participants are self-interested such as organizations, competitive service providers and human users with various demand. The participants thus need to be incentivized to cooperate and exchange information.
OBJECTS OF THE INVENTION:
The main object of the present invention is to provide a market-oriented Information trading in Internet of Things (IoT).
Another object of the present invention is to achieve effective fine-grained city management, efficient operations, and improved life quality of citizens.
Yet another object of the present invention is to provide a Smart-city IoT system which involve high volume and variety of information circulation.
SUMMARY OF THE INVENTION:
Accordingly, a market-oriented Information trading in Internet of Things (IoT) is disclosed. A market-oriented Information trading in Internet of Things based on information sensing and generating layer comprising of; sensors to directly collect data; sensor publishers to transfer the data to the database of the website ; and service providers to use data and produce services.
DESCRIPTION OF THE DRAWINGS:
Fig 1 is the flowchart for the market-oriented Information trading in Internet of Things (IoT) for Smart Cities with emerging information exchange and resource allocation techniques.
DETAILED DESCRIPTION OF THE INVENTION WITH RESPECT TO DRAWINGS:
The present invention is a market-oriented Information trading in Internet of Things (IoT) for Smart Cities with emerging information exchange and resource allocation techniques. The present invention helps to achieve effective fine-grained city management, efficient operations, and improved life quality of citizens. The present invention is a Smart-city IoT system which involve high volume and variety of information circulation.
In one embodiment, a market-oriented Information trading in Internet of Things based on information sensing and generating layer. Components working in this layer can sense, collect and generate “raw” data either from the environment or within the network devices, e.g., surveillance records of city video cameras. The layer provides interfaces at the edge of smart-city IoT architecture and physical world.
Information packaging and processing layer: Raw data from above layer is processed in this layer and used to provide services. The services can be formed as structured and interpreted information bundles by selectively combining and employing the raw data passed to this layer, e.g., using machine learning algorithms.
Information application layer: Information services in this layer are applied to serve the needs and demand of city users. For example, traffic forecast information services can be adopted by smart transportation users to predict traffic situation and plan their trips. This information-centric architecture promotes cross-layer designs and implementations. As many devices in smart-city systems have more computing capability, e.g., smartphones, primitive functions can be provided locally by each device (or a group of devices) to meet immediate information requirements of smart-city users. The information-centric architecture can be employed in market-oriented modeling and analysis for information trading in smart-city IoT systems. Entities in smart city can only concentrate on the content and timeliness while acquiring data from the system, instead of low-level communication issues.
In another embodiment, Smart-city applications are complex systems with a variety of participants acting in their own best interests. In the conventional systems, there can be a centralized authority or provider to deploy IoT devices and collect data from them. For smart-city IoT systems, participants are self-interested such as organizations, competitive service providers and human users with various demand. The participants thus need to be incentivized to cooperate and exchange information. An efficient market-oriented tool to leverage incentives to manage network communication and data resources is named Smart Data Pricing, where dynamic pricing can be applied 8 to network resources. The dynamic pricing approach can both indicate different values of the network resources, e.g., information, as well as exclude or deter some participants which may find the benefit is exceeded by the current price level. Nevertheless, pricing for IoT information exchange in a smart city does not necessarily involve monetary incentives. The participants, especially human users, can be satisfied by different forms of rewards, e.g., priority and social perception. users are motivated to collect physical world information in exchange of reward points and game achievements. The components in a smart city are categorized into four conceptual layers [9], including: sensors to directly collect data, sensor publishers to transfer the data, service providers to use data and produce services, and users.
In another embodiment, a market-oriented Information trading in Internet of Things based on information sensing and generating layer comprising of; sensors to directly collect data; sensor publishers to transfer the data to the database of the website ; and service providers to use data and produce services.

Documents

Application Documents

# Name Date
1 202021012719-STATEMENT OF UNDERTAKING (FORM 3) [24-03-2020(online)].pdf 2020-03-24
2 202021012719-POWER OF AUTHORITY [24-03-2020(online)].pdf 2020-03-24
3 202021012719-FORM FOR STARTUP [24-03-2020(online)].pdf 2020-03-24
4 202021012719-FORM FOR SMALL ENTITY(FORM-28) [24-03-2020(online)].pdf 2020-03-24
5 202021012719-FORM 1 [24-03-2020(online)].pdf 2020-03-24
6 202021012719-FIGURE OF ABSTRACT [24-03-2020(online)].jpg 2020-03-24
7 202021012719-EVIDENCE FOR REGISTRATION UNDER SSI(FORM-28) [24-03-2020(online)].pdf 2020-03-24
8 202021012719-EVIDENCE FOR REGISTRATION UNDER SSI [24-03-2020(online)].pdf 2020-03-24
9 202021012719-DRAWINGS [24-03-2020(online)].pdf 2020-03-24
10 202021012719-COMPLETE SPECIFICATION [24-03-2020(online)].pdf 2020-03-24
11 Abstract1.jpg 2020-06-11
12 202021012719- ORIGINAL UR 6(1A) FORM 26-300620.pdf 2020-07-02
13 202021012719-Proof of Right [29-11-2020(online)].pdf 2020-11-29