Blockcloud - The New Mechanism of Things Internet
- This article is translated from Korean into English, so it may be unnatural.
- This article was created by ICO listing site ICOteg.com
Hello ICOteg. It is a blockcloud that we will deal with today. As the name implies, this is a project that aims to build a decentralized network through distributed ledgers. Blockcloud targets the telecom-based electronics market, including IOTs, unmanned automobiles, and augmented reality, with connectivity to the future environment around us.
Currently, there is a lack of security and expansion / business model in the Internet of things, and the blockcloud is said to solve the vulnerability. Trusted POS (Proof-of-Service) agreement / CoDAG for fast transaction processing / TCDA mechanism I'm proposing the fairness of the payment system.
- POS is a new algorithm that operates and consumes services, not stakes. It is a system that compensates as much as it contributes to actual service, such as capacity / bandwidth / node relay.
2.Compacted DAG is a compression technology that can respond flexibly to large-scale access and external attack. Located at the bottom of the layer, it filters out all incoming requests to the core and generates an optimized path.
- The TCDA framework acts as a matchmaker to adjust prices when multi-party transactions take place within a chain.
This process will be used in areas such as car internet / smart care / smart home.
In fact, the Blockcloud team has many years of experience in R & D and business operation, so understanding and technology of the IOT market is a part of the test.
The roadmap for coin development is planned for the second quarter of 2019, 80% of which is sold in private, and the rest are subject to the August whitelist and KYC.
In addition, it is noteworthy that the technical advisors and hardcaps from IEEE / Sisco are small, but there are quite a few organizations involved.
Theorem: The Blockcloud team is already well-established in the industry with dozens of partners, and practitioner-led advisors and developers are confident enough to support this background. However, the long-term roadmap and the fact that their technology is still at the stage of sketching can be seen as a relatively low merit to drive prices in the long run.