The UniquID protocol enables devices to self-generate identities, enforces security through timestamps and Digital Signatures circulated in the network, and allows deices to communicate without a trusted third party or a single point of failure. The UniquID protocol enables scalable and flexible deivce networking without the use of trusted third parties.
-Self generated identities:To identify devices, UniquID applies PGP and Web of Trust principles instead of Public Key Infrastructure (PKI)
-Distributed ledger of smart contracts: While human Trust depends on principles of free will and relationships, devices act following deterministic rules. The UniquID protocol defines these deterministic machine-to-machine relationships using Smart Contracts on Blockchain.
-A peer to peer network of devise: UniquID protocol is designed to create peer to peer relationships between devices. Using the mentioned trustless principles, secure machine-to-machines interactions are possible without the need of a trusted server, service company or authority.