The document describes the five layers of an IoT ecosystem reference architecture: 1) Object layer comprising physical sensors and devices 2) Object abstraction layer that transfers data from objects to the service layer using transmission technologies like RFID, WiFi, etc. 3) Service management layer that acts as middleware pairing services to requests based on addresses and names 4) Application layer providing services to customers in various verticals like smart cities, healthcare, etc. 5) Business layer performing overall management using data to build business models and monitor IoT system requirements.