Undervalued Cryptocurrencies: IoT Chain (ITC) the Operating System for IoT Devices
ITC is a safe light operating system for IOT based on blockchain that could be considered a Chinese 'IOTA' that tries to solve some uncertainty that is present when it comes to the safety and the integrity in the DAG solution used in IOTA.
Directed Acyclic Graph (DAG) is a blazon of analysis area the accessories on the arrangement about verify anniversary other’s affairs and body accord through the web of access amid transactions.
ITC is advised to break the astringent assurance problems of present IoT by applying a aggregate of encryption of cryptography, accretion technology and broadcast architectonics after abstracts center.
IOT chain will be used for variety of solutions and include:
machine to machine payment between iot devices
sharing and trading in the economy
anything from payments to assets
safe access to the assets stored on the cloud Use case scenario
The IOT OS will be integrated into physical equiment
they will be connected to the blockchain via the blockchain authentication technology
everything will be stored on the blockchain network
all of the transactions will be recorded and stored
all of the data on the blockchain will be viewable on the devices via apps
Links:
Website: https://iotchain.io/
Twitter: https://twitter.com/IoT_Chain
Facebook: https://www.facebook.com/IoTChain/
Blog: https://medium.com/@IoT_Chain
Reddit: https://www.reddit.com/r/itcofficial/