IONChain Is A Solution For Industries And Businesses
Hello Steemian ...!
Before we go to seek benefits from IONChain, then we must first know what IONChain. IONChain is a non-profit foundation, which was established in Singapore in early 2018. IONChain is an IoT infrastructure project that aims to solve data problems that are running as using the old system to use blockchain systems such as:
- User Data Security
- User Data Circulation
- Sharing User Data
- User Data Transactions
IONChain will make communication parameters for all devices through the same IoT Network, regardless of the device used! In a simple way the data is interpreted, and will allow users to implement the user's vision - "One Device, One Coin, One Code".
From the step "One Device, One Coin, One Code" IONChain vision is to help break the communication barriers between different types of devices and enable them to work together using universal standards. This is made possible through the inherently decentralized blockchain architecture that works alone is ideal for edge computing applications. The IONChain ionization algorithm will enable each device on the IoT network to become a miner. "The system will accurately calculate the exact rewards of functions [such as], data volume, time, ... space, etc."
The long-term vision is to partner with global producers and physically embed ID codes into all smart devices. This will act as an identifier on the IONChain network, enabling devices to be unique, secure, and standardized. This will be combined with IONChain software in the form of: data conversion, data processing, data packaging tools, and nodes for their IoT backbone.
From the discussion above, we can conclude that IONChain has a great benefit for an industry. Considering the experience of the industrial revolution that broke all problems for workers and businessmen who have not been fully controlled. But in every information industry revolution, an established business model must emerge. And also, if there is an IoT, at that time there was no such model. RFID to date is the only example of implementing large-scale IoT. The main economic benefits of IoT recognition come largely from improving the performance of various electronic components, while the large data resources generated by IoT have not been implemented in large-scale business scenarios. Lack of data security and privacy protection Data security and privacy protection has always been one of the most serious threats brought about by emerging Internet technology. IoT devices collect data from both businesses and individuals. It is possible to use this data to track business and individual activities which raises concerns among many people, especially that the majority of IoT data is stored in the hands of only a handful of companies from the top of the ecosystem platform. and content.
In that case, if IONChain is successfully utilized for industrial and business developments, then the success of a company or industry performance can be controlled and cannot be manipulated to anyone. some of the articles above are quoted from
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