A decentralised next-generation transaction protocol for machines, designed to scale. Decentralised using the Ethereum blockchain and designed to scale. Next-generation consensus algorithm allows machines to ‘negotiate’ rather than simply agree or disagree. Enables IoT devices to self-organise and configure themselves into complex supply chains. Transmission protocol delivers 30x throughput on Ethereum network under test conditions. Our goal is to enable a trillion IoT devices to be able to conduct sophisticated commerce, self-organise into supply chains, trade autonomously without human intervention.