At the beginning of 2018 in Singapore IONChain was founded, it is a non-profit network whose main objective is to solve problems in security, circulation in transactions and even when sharing data. IONChain through the IOT network will provide equality in the communication parameters whatever the device used, since it lacks compatibilities between some devices, although IOT has reached far in the market. The Swedish physicist Arrhenius has an ionization theory on which the name of IONChain is based.
Weaknesses and Opportunities.
There are frauds to servers due to the low security level since there is no control in sending data to the system, this problem is one of the most serious that affects the future of the industry, however by 2020 a investment of 1289.9 billion dollars I came a third mass of global technology in the large market. For the insecurities that exist within IOT, IONChain was created which is able to integrate devices around the world. Microprocessors grow in the same way as the increase in network bandwidth.
Edge Computing to interrupt IOT.
This consists of processing data on the device near the network instead of sending it to the warehouse for processing. IOT vision. The intrinsically decentralized architecture of the block chain is the way to realize the unification between different devices and the breaking of communication barriers in a universal way
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Being able to be partners at a global level with manufacturers and that in all the codes of identification, this will allow the devices to be unique, safe and standardized. The IONChain ionization algorithm will allow each device in your network to be mining.
Integration of the interplanetary file system (IPTFS).
IPTFS will increase the speed of transactions, with this purpose it was incorporated into IONChain, addressing the origin of transactions and without compromising access to data. The speed of the transactions and the size of the data block as storage and transactions are separated, the contradiction that exists is overcome.
IOT vision.
The intrinsically decentralized architecture of the block chain is the way to realize the unification between different devices and the breaking of communication barriers in a universal way. Being able to be partners at a global level with manufacturers and that in all the codes of identification, this will allow the devices to be unique, safe and standardized.
Technical architecture: Through the blockchain network the data created and processed in smart devices can be connected. The creation of value and the transfer of value are separated by the ionization algorithm.
Generation of IONChain value.
It is divided into four categories:
Generation of value: the data is converted to a standard format after it has been processed and stored in the intelligent devices individually to be passed after years of value verification.
Verification of value: through an exclusive Pow / Pos combination mechanism of IONChain, all data is processed.
Value evaluation: in this part they are authenticated and protected from attacks of double expenses.
Value confirmation: the data is confirmed and IONC is generated!
The generation process is divided into layers:
-Service layer.
-Lap of protocol.
-Smart contract cover.
-Chapchain cover.
-Data storage layer.
Imagine a world in which there is a close relationship between different devices in which you do not think about turning on an appliance when it is already programmed to do so, it is already possible through IONChain.
More Information & Resources:
Sitio web de IONChain
IONChain Bitcointalk Explanation
IONChain WhitePaper
IONChain YouTube
IONChain Twitter
IONChain Medium
IONChain LinkedIn
IONChain GitHub
IONChain Steemit
IONChain Telegram
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