CPChain IoT underdog?

giil (44)in #ico • 7 years ago

Decentralized Infastructure for Next Generation Internet of Things

CPChain is a new distributed infrastructure for next generation Internet of Things (IoT). CPChain intends to build a fundamental data platform for IoT system in combination with distributed storage, encryption computation and blockchain technologies, providing the whole process solution from data acquisition, storage, sharing to application. CPChain is a promising solution to a series of challenges of current “chimney architecture” of IoT systems, reducing connectivity cost of devices, protecting data privacy and maximizing the value of IoT data.

IoT bottleneck problems
Cost, Isolability, Privacy and Security

CPChain can overcome these problem through

A decentralized system is built by integrating with blockchain technology
A novel technology of combining cryptography and distributed hash table (DHT) is proposed
A highly efficient distributed consensus protocol is designed
Both re-encryption and homomorphic encryption technologies are implemented