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Well I explain, it is a network interconnected by IoT technology which is expected to be in all future devices for its common use throughout the world. With it, all electronic devices that have IoT technology will be connected on a blockchain network, making them more efficient and less complicated.
This will benefit many people because they began to develop ideas to create applications that help the operation of this system that is expected to be implemented in the software of all the devices of the world in the not too distant future. This will be great friends, the truth is great and that I forgot to comment that we can also win tokens.
Purpose:
The purpose is to make an IoT network biome which can be used to connect any intelligent device independently, no matter what it may be a telephone or an air conditioner. Everyone must have IoT technology implemented in their software so that IONChain can work in all of them.
Each device will work independently when it comes to light processes, that is to say that working in it, but when more work is required to perform some data work because it is heavier, longer, etc., it will be processed within the cloud which is a great support to this project.
IONChain is formed by a group of expert men in the field who came up with the idea because of their past experiences with this subject. The idea began to be initialized earlier this year 2018 in such a short time has already attracted the attention of many investors deprive heaviest in the world.
The team is based in Singapore and Shanghai although everything started in Singapore only. This team has previously worked on large and successful projects such as Hyperledger and currently has the attention of large investors such as IBC Blockchain capital, LD Capital , among several others.
The name of the project was inspired by the theory of the ionization of the famous Swedish physicist Arrhenius in the year of 1887 which speaks of ions as a primordial element in the equilibrium of the whole, as well as molecules and atoms. IONChain will be the network that ionizes the molecules distributed all over the world which can be said to be intelligent devices.
Security:
Security is among the main goals to achieve with this project because all the world's connected devices will be in it. Although security is a priority and is fully secured, everything will be linked in a single network and that could be very tempting to hacking.
That could be a disadvantage of this idea, but it is still beginning with the fact that IONChain is still in use around the world, not so much because an increase of 30 billion devices with IoT technology is expected. software for the year 2020 which tells us that it is not any project.
Each device will help to process the same system depending on its capacity, this will be rewarded with IONC tokens which will be distributed depending on the function of the devices, the quality of the data and the amount in the calculation of their contribution. Each device will have a personal code which will serve to store the tokens of each one, something like a wallet.
Use cases:
I personally would use devices with IoT implemented because when working all these devices within the same biome, everything will be simpler, simpler, I will be able to earn tokens and I will also be part of the future. A good use case I think it would be at the moment of wanting to be part of something new, innovative and that we know is up to our times.
Twitter bonus:
ionchain2018.
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