Internet Of Things automatic PAYment solution

Coach Name

Juan Juan

EU Organization

Werenode SAS (France)

Members

  • Benoît Maïsseu
  • François Chiron
  • Nadiya Khokhryakova
  • Evgenii Zhdarkin
  • Lucas Gonçalves

CA Organization

Gapask Ltd (Canada)

Members

  • Rajesh Murthy

Project Overview

IOTPAY is a decentralized, blockchain-based payment system designed for connected IoT devices. It enables direct, secure, and efficient machine-to-machine transactions without intermediaries. The system integrates digital wallets into IoT devices to support autonomous payments in use cases like EV charging, logistics, and smart energy management.

Emphasizing privacy, transparency, and cost-effectiveness, IOTPAY leverages Self-Sovereign Identity (SSI) and open-source smart contracts for scalable, interoperable deployment.

Methods and approaches

Blockchain-Based Smart Contracts

Built for subscription and account management.

Self-Sovereign Identity

Privacy-preserving user authentication and identity management.

Open-Source Architecture

All components publicly released on GitHub.

Human-Centric Design

Integration of social sciences to address trust, ethics, and regulatory alignment.

Agile Development

Four-stage roadmap with milestone-based execution.

Key Achievements

Delivered 6 fully documented, open-source software components (Web app, Mobile app, Smart contracts, IoT client, Server, Guide).

Full end-to-end demo implementation and system validation.

Developed a proof-of-concept for IoT devices to autonomously manage transactions.

Submitted scientific article accepted for presentation at Blockchain’25.

Deployed communication campaign across social media and industry channels.

Created 1 new job and prepared for future hiring.

Impact & Results

Scientific Impact

Advanced blockchain integration in IoT payment systems; published peer-reviewed article.

Industrial Impact

Demonstrated operational efficiency in logistics and energy management sectors.

Economic Impact

Cost-efficient digital payment model reducing reliance on intermediaries.

Social Impact

Promotes privacy and user trust through decentralized identity systems.

Transatlantic Collaboration

Sustained EU–Canada cooperation, paving the way for future joint projects.

Publications and Open-Source Contributions

Future directions

Commercialization

In-house or spin-off initiatives planned for market-ready solutions.

Community Growth

Continued engagement with open-source and Web3 communities.

Global Deployment

Focus on scalable IoT payment systems for international markets.

Partnership Expansion

Future joint research projects with Gapask and beyond.