What has happened at Slock.it since last year? In this interview Stephan Tual gave us a little update.

Slock.it is without doubt one of the better known German companies in the blockchain ecosystem. Its aim is to develop devices – such as locks – that are connected to the Ethereum Blockchain and thus enable the offer of everything for sale.

We have reported about the cryptosoft company several times in the last year

Indirectly related to this is the DAO, the decentralized autonomous organization, which ultimately represented a kind of decentralized venture fund and was supposed to finance Slock.it, among other things. The history of the DAO is well known – but what happened with cryptosoft? Stephan Tual, the COO behind Slock.it, offered to answer my questions and report on the latest developments in the cryptosoft company.

Hello Stephan, nice that you gave us the opportunity for an interview! Can you tell us a little about your crypto trader career in Blockchain?

I was interested in Blockchain crypto trader technology quite early and followed Bitcoin accordingly. Without much criticism I have to say that I wasn’t very enthusiastic. Bitcoin does what it wants to do well, I just didn’t find the financial aspect so interesting. Read more: https://www.forexaktuell.com/en/crypto-trader-scam/

One day I heard an inspiring talk in which the presenter outlined his vision of a Bitcoin-based future. He talked about self-propelled cars that accept Bitcoin and thus create a decentralized environment in which rentable cars are truly autonomous. This vision inspired me!

Six months later Vitalik Buterin published his paper on Ethereum

I saw that with Ethereum the described vision was possible and jumped up immediately. I worked for Ethereum for some time, later developing an Internet of Things application at IBM adept. With this experience – Blockchain and Internet of Things – I finally joined Slock.it.

Slock.it is a project that hardly needs to be introduced: The first planned application is an intelligent lock, a smart lock or a short slock. This lock is connected to the Ethereum blockchain, so that the lock itself reacts to payments via smart contracts. This makes an Airbnb without people possible. Would you like to correct or add something here?

All in all, this is all correct. I would just add that Slock.it is not just about locks. If we look around, we notice that we all use electricity all the time. In the spirit of the sharing economy, one could imagine a market in this area as well. A peer-to-peer market for consumer goods, where the use of WLAN and washing machines is offered for sale – thanks to Slock.it this is possible without a middleman.