IONChain "The perfect platform for transactions between smart devices" (Sponsored Writing Contest by @originalworks)

in #steempress5 years ago (edited)


Nowadays in the world of blockchain and cryptocurrencies, many innovative advances have been achieved thanks to technology and all this with the purpose of favoring the people who undertake in the blockchain, so it is necessary to emphasize that one of the most relevant developments in recent times has to do with the IoT which means: (Internet of Things). The objective of the IoT is the digital interconnection of common objects with the internet, which means that these everyday objects can interact with people thanks to the Internet, facilitating many aspects of day to day, as well as aspects related to the blockchain.

Continuing the issue of the IoT, it is worth mentioning that at the beginning of this year a project called IONChain was launched in the blockchain, which is based on the infrastructure of the IoT (Internet of Things) and which aims to function as an underlying particle in the ecosystem of the IoT.


To deepen more about IONChain, we can say that this innovative platform seeks to solve the problems that arise in the IoT, referring to the data that are shared, such as circulation, security and data transactions. But how is all this possible? It is possible since IONChain intends to build an Internet of value where the communication of all the data in the IoT devices are equal, by unifying the technology of these devices, regardless of the device that is used by users.

On the other hand, it is essential to mention that the main concept of IONChain is inspired by the Theory of Ionization, since ions are also part of the basic particles of matter, likewise IONChain intends to function as the underlying particle in the ecosystem of the IoT (Internet of Things), because this platform will serve as the main link between all the IoT devices, thus granting decentralized interaction in all intelligent devices, making it easier for users to integrate with the IONChain network, where data can be provided, as well as quantifying the value of the data and then exchanging them for coins provided by IONCHain, which is called IONC.


Every Device is a Mining Machine:

Within the IONChain network it is possible that each device of IoT (Internet of Things) can function as a mining machine, since through the data that each user provides when connecting to this ecosystem, they manage to constantly contribute their calculating power through the algorithm of ionization and likewise these devices, will receive IONC tokens (native Tokens of IONChain) as a mining reward. On the other hand IONChain has created a cosine algorithm where they can determine the value that each IoT device has contributed and depending on that they will receive the right amount of IONC.

One Device, One Code, One Coin:

In IONChain an indispensable concept is implemented, which is "One device, one code, one coin" and this will help to break the communication barrier that exists between the different IoT devices and also through this it will be achieved that all devices can work together using a universal standard.

Continuing on this primordial concept of IONChain, it is worth noting that:

"Device": Refers to all IoT devices that use the IONChain ecosystem.

"Coin": Represents the IONC, the official cryptocurrency of IONChain.

"Code": Means the exclusive identification code that can be used as a wallet for all IoT devices within the IONChain network.

Among the main benefits of IONChain we have the following:

1. IONChain serves as a mining machine for all IoT (Internet of Things) devices, since this ecosystem uses Edge Computing technology and because of this, each device can obtain mining rewards.

2. With the IONChain network, all sources of data will always be reliable and verifiable for users, since this ecosystem uses the Blockchain technology.

3. With IONChain, data transfers are obtained quickly and safely, and quantification in the value of the data is also obtained.

Priya is a successful woman who loves to start in the world of the blockchain, little by little she has updated herself to everything that this great world offers and recently learned about the benefits that one acquires by having smart devices that work through the IoT (Internet of Things). Studying more in depth about the topic, she discovered that at the beginning of this year they launched an ecosystem called IONChain where all the devices of the IoT (Internet of Things) can work with equality through the data they receive through other devices. which means that several IoT devices that connect to the IONChain ecosystem network can be mutually programmed through the data they receive from one device to another. That information seemed very innovative that she decided to acquire the benefits of IONChain to program all devices of the IoT at home and thus have a more peaceful life thanks to these utilities. On the other hand, Priya also realized that by using the IONChain network, she could progressively earn rewards by using her smart devices as mining machines, reason in favor for her to decide to use this innovative ecosystem for all IoT devices.

To conclude, we can emphasize that IONCHain came to the world of the Blockchain to revolutionize and change the way of life of all people, due to all the benefits it offers and also because it promises not to have lost, since all users who own devices of IoT (Internet of Things) and decide to use the services of IONCHain, will be benefited in multiple ways, achieving monetary gains and improving their day to day thanks to the operation of this incredible ecosystem for the IoT.



I hope you have liked to know about IONChain and be encouraged to use this excellent platform to do transactions between smart devices.

If you want to know about this great Writing Contest and want to participate please enter the following link: @originalworks Sponsored Writing Contest IONChain.org

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My Twitter Link: https://twitter.com/bharathi22/status/1059981857876570112



Posted from my blog with SteemPress : http://bharathi22.vornix.blog/2018/11/07/ionchain-the-perfect-platform-for-transactions-between-smart-devices-sponsored-writing-contest-by-originalworks/

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