The Internet of Things Chain (ITC) has implemented asymmetrical encryption. Even if the data is captured, it will not be possible to crack it as long as the secret key is properly stored.
At the same time, all of the nodes in ITC are equal, which ensures that the privacy of the users is protected.
As a result of its inherent immutability, manufacturers and service providers will be unable to tamper with the information provided by their customers.
Table of Contents
Powered by the internet, traditional telecommunication networks, and other information carriers, the Internet of Things (IoT) is a network that allows interconnection between all ordinary physical objects that can be located anywhere in the world without the need for additional infrastructure or infrastructure upgrades.
The Internet of Things is distinguished by three important characteristics: the equalisation of ordinary items, the connectivity of automatic management terminals, and the intellectualization of pervasive services.
All things can be connected to the internet for information exchange and communication, allowing for the achievement of the aims of intellectualised recognition, location, tracking, monitoring, and administration through the Internet of Things.
The future ITC will have tens of thousands of nodes, and they will be more than sufficient to handle the demands of IoT data storage, thanks to a combination of distributed ledger technology and blockchain technology. Because of the decentralisation of blockchain technology, there is no longer a requirement for extremely intensive computer clusters. Both technologies have significantly lowered the operating and maintenance costs associated with the Internet of Things as a whole.
Our project team consists of senior professionals in smart hardware and algorithms with extensive business start-up expertise. Entrepreneur and IoT expert Xie Zhuopeng (CEO). He’s been working with smart hardware for four years and studying blockchain for three.
Ding Ying (CTO) has spent 12 years developing chip firmware. Ding has worked in digital imaging, 3D model retrieval, audio and video compression, and bank card software.
Zhao Tan (CFO) MBA, CPA (China, Singapore) and FCCA (UK).
Liao Dongnian (Major Programmer) has four years of experience in smart hardware and led the creation of the world’s leading lighting company’s smart lighting architecture.
Security through publicity is a component of the Internet of Things’ information encryption and secure communication, and it will aid in the protection of users’ personal information. The management of identity access and multi-party consensus will aid in the identification of misbehaving nodes and the prevention of hostile nodes from gaining access to or destroying the network, respectively.
Because of the characteristics of decentralisation, multicenters, and weakening centralization, the operational costs of a centralised architecture will be reduced.
ITC has significantly increased the processing performance of the main chain by implementing the PBFT consensus protocol, which is based on the assumption of obtaining consensus on the decentralisation of the main chain.
If you’re looking for a place to purchase an IoT Chain, the best cryptocurrency exchanges to use right now are OKX, and Huobi Global.
No. There is no direct method to purchase IoT Chain using cash. You can, however, utilize markets such as LocalBitcoins to first acquire BTC, and then complete the remainder of the procedures by moving your BTC to the appropriate AltCoin exchangers.
Yes, in reality, Europe is one of the easiest countries to acquire cryptocurrency in general. There are also online banks where you can create an account and send funds to exchanges like Coinbase and Uphold.
Exchange inflows and outflows, technical and fundamental changes, the news cycle, and the overall economic climate are all variables that impact IoT Chain’s price and market cap.
IoT Chain Official Website –https://iotchain.io/
IoT Chain Official Twitter –https://twitter.com/IoT_Chain
IoT Chain Official Reddit –https://reddit.com/r/iotchain
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