We architect and deploy secure, gas-optimized smart contracts for tokens, DeFi protocols, and NFT ecosystems. Our development process is built on OpenZeppelin standards and includes formal verification for critical logic.
IoT Device Identity & Payment Authentication
Custom Smart Contract Development
Production-ready smart contracts built with security-first development and comprehensive audit support.
- Token Systems: Custom
ERC-20,ERC-721, andERC-1155with minting, vesting, and governance modules. - DeFi Primitives: Automated Market Makers (AMMs), lending/borrowing pools, and staking contracts with <1% gas cost optimizations.
- Security First: Every contract undergoes manual review and automated analysis with Slither and MythX before audit.
We deliver fully documented, auditable code with a 99.9% uptime SLA for mainnet deployments, ensuring your protocol's foundation is unshakable.
Core Capabilities of Our IoT Identity System
Our system provides the foundational identity and authentication layer for IoT ecosystems, enabling secure device-to-device payments and automated transactions. Built for enterprise scale with zero-trust principles.
Business Outcomes for IoT Product Teams
We translate complex blockchain identity into tangible business results for your IoT product roadmap. Here’s what you can expect when partnering with Chainscore Labs.
Monetize Device Fleets
Enable direct, automated micro-payments between devices and services. Move from subscription models to pay-per-use, unlocking new revenue streams from machine-to-machine transactions.
Eliminate Account Takeover
Replace vulnerable username/password or API key models with cryptographically secure device identities. Each device is its own sovereign wallet, removing central credential databases.
Accelerate Time-to-Market
Deploy with our production-ready SDKs and managed infrastructure. We handle node operations, key management, and gas optimization so your team focuses on core product logic.
Reduce Operational Overhead
Automate billing, provisioning, and access control through smart contract logic. Drastically cut manual reconciliation and customer support costs associated with legacy payment systems.
Guaranteed Uptime & Security
Production infrastructure with 99.9% SLA, multi-region redundancy, and real-time monitoring. All smart contracts undergo formal verification and third-party audits before deployment.
IoT Authentication: Traditional API Keys vs. Decentralized Identity
A technical and operational comparison of legacy centralized authentication versus modern decentralized identity for IoT device management and secure payment authorization.
| Authentication Factor | Traditional API Keys | Decentralized Identity (DID) |
|---|---|---|
Architecture | Centralized Server | Decentralized Ledger |
Security Model | Single Point of Failure | Cryptographic Proof-of-Ownership |
Credential Lifecycle | Manual Rotation & Revocation | Programmatic, On-Chain Revocation |
Device Onboarding | Manual Provisioning (High Touch) | Self-Sovereign, Automated |
Attack Surface | Database Breach, Key Leakage | Private Key Compromise Only |
Audit Trail | Centralized Logs (Mutable) | Immutable On-Chain History |
Interoperability | Vendor-Locked, Proprietary | W3C Standard (DID, VC) |
Implementation Time | 4-6 weeks (Custom Backend) | 2-3 weeks (SDK Integration) |
Ongoing OpEx | High (Server, DB, Security Patching) | Low (Gas Fees Only) |
Scalability Limit | Server/DB Bottleneck | Underlying Blockchain Throughput |
Our Implementation Process
A structured, four-phase engagement designed for technical leaders who need secure, production-ready IoT identity solutions without the typical delays and security debt.
Architecture & Protocol Design
We define your device identity model (ERC-6551, ERC-725, or custom), payment flow architecture, and select the optimal L2 (Polygon, Arbitrum) or appchain for your throughput and cost requirements.
Smart Contract Development & Audit
Our team builds your core identity registry and payment logic in Solidity 0.8+, integrating OpenZeppelin libraries. Every contract undergoes internal review followed by a formal audit with a partner like Spearbit or Code4rena.
Device SDK & Backend Integration
We deliver a lightweight, secure SDK for your IoT hardware (C/Rust/Python) and a production-ready backend service (Node.js/Go) to manage on-chain transactions, event listening, and key management.
Deployment & Monitoring
We handle the mainnet deployment, configure real-time monitoring with Tenderly or Blocknative for transaction lifecycle, and provide dashboards for device onboarding rates and payment success metrics.
Technology & Protocol Foundation
Our infrastructure is built on battle-tested protocols and security-first engineering principles, providing a robust foundation for your IoT identity and payment systems.
Gas Optimization & Cost Engineering
We specialize in writing highly gas-efficient smart contracts and designing fee abstraction layers, reducing your operational costs by up to 60% compared to standard implementations.
Frequently Asked Questions
Get clear answers on our process, security, and timelines for implementing blockchain-based identity and payment solutions for IoT devices.
We implement a multi-layered security architecture. Each device receives a unique, non-transferable on-chain identity (typically an NFT or SBT) anchored to its hardware root of trust. Private keys are generated and stored in secure enclaves (like TPM or HSM modules). All authentication logic is executed via audited smart contracts on EVM-compatible chains, ensuring tamper-proof verification. Our standard deployment includes a comprehensive security audit by a third-party firm.
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today.
Our experts will offer a free quote and a 30min call to discuss your project.