Introduction

Since the beginning of his days, man has tried to implement solutions that improve his lifestyle, but in the last 100 years we have progressed even more than in everything developed in 3000 years, all thanks to continuous technological advances. Our lifestyle and way of seeing things has changed, as well as the requirements and demands of a public eager to consume cutting-edge technology.

This is how in the last decade every day takes force the use and implementation of the Internet of things, because being connected in a virtual environment, people want their computers and intelligent devices to be integrated into the network to facilitate the lifestyle.

IoT-related projects are made possible by the blockchain technology developed in 2009 by satoshi nakamoto and led by bitcoin, the father of everything. Later projects arose that used this technology in different ways to meet certain needs in the public, such as ethereum which was intended for the use of intelligent contracts or monero for all those lovers of clandestinity.

This is how these projects emerged focused on specific areas and began to shape the IoT project, initially with coins like Iota that intended to offer a means of use, but had certain flaws at the time of generating a true integration between intelligent devices. The disadvantages arose then to not be able to meet all the demands of the network in terms of speed, incentives or unification of protocols.

As a solution to this amount of problems arises as a project Ionchain, to give solution to all those problems that arise when trying to integrate the IoT in our lives.

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IonchainProject

In the year 2018 is created in singapur the foundation ionchain by a group of professionals committed to the development of IoT technology in the blockchain. The team concentrates on working on an IoT platform based on blockchain and edge computing. With the aim of establishing its premise of a device, a coin, a code.

The idea arises from the behavior of ions, which is why the design of the logo has the form of one, because with it the project wants to convey the idea that IoT devices, behave like ions in the network, where ionchain will be a connection layer, which will access all IoT devices with a standardized communication protocol, to ensure maximum compatibility and communication capacity between them when transmitting or exchanging data.

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Technical data Ionchain

The technology employed by the development team is known as edge computing whose operating principle is to use the capacity of the networks, storage, computing and the core application as an open platform to the data source, providing services to the nearest. With this the network has the potential to create a mining system where each IoT device is a miner.

Ionchain plans to implement a mixed POW and POS system to improve scalability by separating processing from validation blocks. It is also planned to reward users with IONC which is the ionchain coin, in order to encourage large, small and medium investors to join the project.

This would not only generate rewards through the use of devices as processing terminals, but also get the advantage of having a decentralized processing thanks to perimeter computing where complex operations are the only ones processed in the cloud. This way we obtain more efficient and reliable services that would guarantee the availability of the nodes at all times.

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Use case

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Jorge has a factory dedicated to assembling mobile devices, but has logistical problems when coordinating the work of the staff and establishing the work routine. He has applied the technology of bIockchain in his productive process, now he is able to program in a sequential way the tasks that his intelligent equipments must make, besides having access to the data in the blockchain to check the numbers and estadistas of production. And as a bonus to add their equipment generate passive income by acting as miners.

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Conclusion

Ionchain plans to address directly all those problems that are currently generated with the processing of the IoT in the cloud, where the system is centralized and vulnerable to attacks by hackers, likewise with processing in the cloud has response times in operations very slow because in many cases the nodes are not available. Applying perimeter computing technology, with its central concept of decentralized and multicentric, you get the best solution to these problems.

In the same way, the standardization of the communication protocol in all IoT devices presented by Ionchain is a technology that will revolutionize the Internet world of things by allowing to program tasks sequentially between devices without having compatibility problems. This is by far the best bet in the cryptomoney market for the year 2019.