XAIN is a mobility network that began in 2014 at Oxford University. We are not aware of our surroundings, but there are always countless machines running all the time, and the trend of recent industry trends is that the IOT infrastructure is formed so that users can control these devices anytime and anywhere. XAIN makes this IOT environment more transparent and secure, and it seems to be a big point that it is already applied to the real industry.
Information about the mobility is recorded in the block chain and the user makes a command to use it. For example, checking the location of the car or remotely locking the door.
IOT devices with 24 o'clock power on are the key to minimizing power consumption. The program must consume a small amount of system resources, and communication must perform data exchange between nodes as quickly and securely as possible. XAIN provides a lightweight client for this.
The consensus algorithm, PoKW, which will be applied here, supports easy-to-trace dynamic networks and is lightweight and greatly enhances energy efficiency based on machine learning.
In particular, XAIN has already proven that these technologies are not entirely theoretical because they are already customers of the global automotive companies Porsche and Volkswagen / Daimler.
Furthermore, IOT is targeting not only the automobile but also the IOT market to be provided by the parts supply chain / communication company.
XAIN has taken the object internet and data transparency that have emerged recently as the hot topic of IT market as a definite target, so if the products presented in the white paper are completed, I would not be able to succeed as a simple distributor, but I think it could lead to a change in the entire tech industry. However, since the verification of the specific token economy and mechanism has not yet been completed, it is still necessary to monitor whether commercialization is possible (ICO information is not disclosed).
http://icoteg.com/xain/
