Okay, so I am back again with IoT Chain project, to recap I said IoT chain is a project that develops a lite operating system using the blockchain technology and also implementing other technologies like PBFT, DAG, SPV, and CPS. All these technologies work together to provide a decentralized manner in which our data will be both structured and layered and also providing protection by combining the strength the millions IoT nodes in a network.
Basically, IoT chain is a lite operating system that will be used by IoT devices. The operating system is built such that provides security for user data, provides faster communication between IoT devices and also uses minimal resources or energy.
What is the progress so far?
IoT chain has not taken the development stage of the project likely. They have been working tirelessly for the main purpose of making this dream a reality, partnerships have been made, the ITC token been listed on several exchanges, the team have attended many blockchain conferences as well as meet up and have made many connections and are also the marketing department are not doing bad themselves, they have organized bounties and contest in which the winners are rewarded with ITC token.
Some of the partners of IoT chain are GVE, Hero Node, Sentinel, Future Connexions, Gizwits, Adzor Energy, Forbes, Hellobtc and many more.
If you wish to help yourself with some of the ITC tokens, you can get them from one of the following exchanges:
Huobi.pro, okex, cex.com, Bibox, kucoin, tokencan, coinrail, ddex etc.
In the course of the last 2 or 3 month. IoT chain have attended numerous conferences and interviews such as INWE blockchain lounge, blockchain asia 1st meetup, blockchain exclusive interview, deconomy blockchain forum, huobi global partners conference, hashed lounge, tokensky blockchain conference, hardcore uncensored blockchain and many more and during this conferences and interviews the team spoke on the project, answered questions that had to do with the project.
Moving to the marketing/campaign department, the team are actually doing great here. In a bid to get this project to global scale, bounties and contest are frequently organized and points are given to each participant if they completed the task.
The winners are selected either weekly or monthly based on which the team decides.
It would be worth stating that due to all these activities and profound interest in the project, the social media handles are followed by many individuals with telegram have the largest community with a total of 60k plus individuals, 7,936 is the community count on Wechat and QQ, and they are followed by 19,524 followers on Twitter.
Let’s now move to the ongoing development of the public test net which is set to be released by October of 2018. According to the last week report, they have been able to
- Unify the wire protocols.
- Performed network simulations of the test net.
- Light node demonstration plan on the test net.
- Light node demonstration implementation.
- The EVM and WASM implementation comparison is in progress.