MerkleBot Introduction

Vitaly Bulatov
MerkleBot
Published in
3 min readNov 13, 2019

Our story

Like many technical teams, we’ve gone through a couple of different versions and pivots as we were figuring out the best way we can use blockchain to change the existing business models on the robotics market. We have partnered with other companies like an autonomous vehicles company that’s working on solving traffic congestion problems and an environmental company that makes green certificates more transparent.

But over the years, as we’ve developed better versions of our platform, and have really advanced the ball in terms of the technology, we realized it was the right time to make a bet ourselves and actually invest in developing our own products. And so today, we’re taking all the capabilities that we built over the past 3 years and we’re developing a robotics platform powered by blockchain.

Robot-as-a-service

Technical explanation

One of the key problems in adopting robotics is cost. Companies are postponing the use of robotics because a significant upfront investment is required to start using robots. We know that new business models are required to enable the next wave of robotics adoption and that is exactly what we bring to the market.

Robot-as-a-service model is powered by our software platform. We integrate with the major robotics framework, Robot OS, as well as several hardware companies in industrial robotics so that our customers can choose the right equipment for their use case. And we use smart contracts technology to automate the accounting process which allows our clients to pay for the robot on a per operation basis.

Now, a manufacturing or assembly facility can easily start using robots without the need of being an expert in robotics and uncertainties related to CAPEX investment.

Add-on services for robots

We have identified the biggest barrier for using robotics technology and proposed a solution to overcome it. But we don’t plan to stop there. Based on our research we already can enable a number of add-on services for robotics.

For example, maintenance is the largest fixed cost in manufacturing. Maintenance efficiency has a profound effect on that cost and, in turn, overall business performance. Studies have consistently revealed that traveling for tools and materials is the most common barrier to maintenance-workforce productivity. If highly skilled (and costly) maintenance-craft personnel have to spend time retrieving tools and materials, it will take significantly longer to complete the work, including possibly delaying completion.

Using MerkleBot platform robots can automatically organize internal supply chains and send maintenance requests whenever they are required. And having a consistent maintenance schedule will also eliminate the risk of an unexpected failure.

The future of robot economy

Having a network of robotics and IoT devices under control of public blockchain opens up a number of opportunities. Industrial robots can create a contract with an autonomous car or drone to deliver the manufactured produce. And final consumers can have a transparency report explaining the whole history of the products they buy.

MerkleBot robotics platform helps businesses unlock the full potential of robotic services!

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Vitaly Bulatov
MerkleBot

Product innovator and entrepreneur passionate about bringing autonomous robotics and IoT solutions to market.