IONChain, do you know it?

rrierav (39)in #news • 5 years ago (edited)

IONchain.org:

Today I come to talk to you about a connected network that will be commonly used in the future by any electrical device that has IoT in its software, making everyone work within the same blockchain surface to facilitate data exchange and processing.

In addition to this we can generate tokens as a reward because our devices worked as a boost for the IONChain network, was created in early 2018 and its group of developers have their headquarters in Singapore and Shanghai. A promising idea that already has private investors fighting to invest in it hahaha.

Team, inspiration and name of the project:

The team is made up of several experts in the field of cryptocurrencies and networks, all started mainly in Singapore but then expanded its headquarters a bit further, now having offices in Singapore and Shanghai . Each of them has had previous experiences that led to the development and construction of a network that works with IoT technology to change the world, and all this without any purpose of obtaining something.

The name of the project and the idea in general was mostly inspired by the ionization theory of the year 1887 formulated by the famous physicist Arrhenius, the theory being that ions are part of the whole and without it, the molecules could not be held together. Atoms, molecules and ions work together to have a balance and this is what happens with IONChain, the network is responsible for ionizing the molecules that in this case are intelligent electrical devices with IoT to obtain a constant balance of everything.

Security?

As this network is completely secure, the protection of data and information is paramount for this team because it will be used around the world. Data circulation, data transfer, data exchange and security are the main goals that were achieved with this project, which is why they have great recognition.

A device, a code, a currency:

This is a concept in which the team has focused on where device is the IoT device , currency is the generated token (IONC) and code is the purse where the coin is deposited, this code is specific to each device.

Token:

Each device will serve as a mining machine, all devices once belonging to the IONChain network will be constantly obtaining tokens depending on several factors such as:

Device function
the quality of the data
the amount in the calculation of your contribution

This will be evaluated by a consensus of the Data Quality Test and the Consensus of the Time Lapse Test.

In the future:

Imagine a world where all our electronic devices are connected by the same network, the television, the kitchen, the washing machine and even the cell phone. By 2020 an increase of 30 billion devices is expected using IONChain, a very promising figure and that is not to mention the investors.

By having an intelligent team that has already participated in different projects in the past that have been totally successful, having also a wonderful revolutionary idea and an excellent plan of action have achieved in just a few months to fall in love with a variety of private investors. great weight Among these investors we have LD Capital, Node Capital, Hash link Capital and IBC Blockchain Capital, an investment of 1289.9 Billion USD is expected for 2020 to finance this wonder so it is only a matter of time before it completely changes our way of working. handle the internet of things.

This is a contest organized by the @originalworks team and sponsored on this occasion by IONChain. If you want to participate in the contest I invite you to learn more about it by clicking here