Enhancing engagement for IoT products between users and firms on the blockchain

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What is Bloomyt?

Bloomyt is developing a decentralized hub between corporations and users in order to exploit the full benefits of IoT devices.
Why we do it

The problem

After discussing trends with top players in the IoT market, we have recognized problems related to engagement that are faced by big and small firms alike.
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For consumers
Consumers lose interest in the connectivity feature of their IoT products. Caused by:
  • Users believe that they own the data omitted from their products.
  • Can’t identify clear benefits from transferring their data.
  • Questions related to data handling and data security.
For brands
Companies fail to capitalize on potential data streams stemming from their products.
  • Lack of insights for potential product improvements driven from consumers.
  • Failure to predict maintenance requirements.
  • Lack of engagement with consumers to understand usage and requirements.
The answer

The solution

Providing a hub for consumers and brands to come together.
EARN TOKENS
Users can claim rewards for their data and recommendations.
RECEIVE DATA
Companies can offer users tokens for their data.
BE SAFE
Certification of tasks and data are written in the blockchain.
ONE INTERFACE
Bloomyt app can be the command centre to interact with all IoT products in the user’s home – no matter the producer.
For users

The App

The App for users acts as a command centre to control devices and embark on challenges – all in a sleek design.
For companies

The Platform

The App for companies provides transparent oversight – with simplicity at its core.
The technology

The Blockchain

Why are we utilising the Blockchain technology within the Bloomyt solution?
IMMUTABLE INTERACTION LIST
Provides a tamper-proof mean to store interaction outcomes.
PUBLIC USER ENGAGEMENT REGISTRY
Acts as a public auditable data layer to certify user engagement.
TANGIBLE REWARDS
Offers a direct way to turn credits into real assets.
The network

Our partners

Brands that have already committed to be part of Bloomyt and signed a Letter of Intent.

Roadmap

Our dreams for the future
06/2018
Concept and Idea
09/2018
IoT and Blockchain Integration Analysis
10/2018
First Partnership and Collaborations
09/2019
Beta Release and Demo in Partnership with Electrolux, Private Sale
11/2019
Launch Platform 1.0, IEO
01/2020
Other Exchangers Listing
04/2020
Launch Platform 2.0
In numbers

The market

Currently we have a very large market size which is growing at an accelerating pace year by year.
20 BILLION
Connected devices by 2020*
*Source: www.gartner.com
Global Smart Home Market Revenues
The story behind

The Bloomyt project was developed by the founders of Vitesy, a 3 years old company that creates IoTready smart devices, which have achieved incredible success worldwide and received investments from top Silicon Valley VCs and the European Union.

2016
Vitesy launched in 2016, has achieved incredible success
Selected for a 3 months Acceleration program
Raised €260k in 30 days. Reached €400k on other platforms
2017
From private investors
G20 Germany 2017 finalist best enterpraneur award
Grant from UE
European product design award
2018
Partnership with Dutch Ministry of Agriculture
Winners of the Bosch startup competition
Almost 1 million $ raised in 45 days
Winners of the european innovation council sme instrument pitching contest for the democratizing manufacturing category
Invited as a case study at annual conference
Awarded as ambassadors for innovation activities in Riyadh
Winners for smart home category
German design award winner 2019

The team

Visionnaire entrepreneurs that proved excellent execution, backed by the European Union and top Silicon Valley investors.
+12 Talented Professionals

Advisors

The outside experts from the blockchain and business world, supporting the Bloomyt project.

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