With this has also emerged a technology that allows the connection of any existing intelligent device facilitating its use in people's lives, this is called IoT (Internet of Things), which even today has not been fully implemented, but new initiatives have been born that promise to change and adapt it to our daily lives. One of these technologies and projects that finally come to change in how we can use the IoT to connect all our intelligent devices, make value transfers and much more is IONChain and I will be explaining how I could revolutionize is a new era of value and technology in the world.
IONChain is a project created by specialists in the Blockchain ecosystem, who have already had verifiable experience with previous projects such as
Hyperledger. Having offices in Singapore and Shanghai, the same did not go through a phase of ICO by which most of the emerging projects in the ecosystem Blockchain, this is because the private investment funds, showed an incredible interest in it, investing in IONChain and betting on the project in question. Among the main investors in the project are
Blockchain LD Capital, Node Capital, Hashlink Capital and IBC Blockchain Capital.
The name IONChain comes from the theory of Ionization proposed by Arrhenius in 1987, which stated the following:
Like molecules and atoms, ions are also basic particles of matter.
What led the creators to say:
Like Ions in physics, IONChain aims to become the underlying particle in the Internet of Things (IoT) ecosystem.
This premise leads IONChain to serve as the main link between all IoT devices that seek to transmit infinite data in a decentralized way between them in any application simultaneously, through the protocol by which IONChain technology works.
In few words and said in a simpler way, IONChain within its ecosystem, will allow the creation of many applications (Dapps), based on intelligent contracts that have as main objective to facilitate first of all the transfer of data from one application to another of equal to equal, unifying the central technologies for a fully decentralized operation and that will be part of the day to day of each person who uses it.
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Vision and Objectives of IONChain
IONChain as a project, has very clear where they are going and what they want through it will develop over time. As I have already mentioned, they are based in Singapore, where they have been running a non-profit Foundation since the beginning of 2018, which to a great extent complements the projection they have in the medium and long term.
This Vision and Objective are as follows:
Vision:
Basically IONChain seeks to keep the whole society more connected and interactive through all intelligent devices that exist in the world, also based on constant research of technological advances that allow them to improve the connection of IoT.
Objective:
The main objective of IONChain is basically to directly attack all the problems that currently arise in that ecosystem related to: Data security, data circulation, data exchange and data transactions, which will undoubtedly enable them to greatly improve the entire IoT ecosystem that is beginning to manifest itself more and more in our daily lives.
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For no one is a secret that in recent years has been evolving technology by leaps and bounds, with this, have created a wide range of intelligent devices capable of making everyday life easier for people, all this is at levels of mass consumption, as well as industrial and business levels that have largely automated many processes. It is here where IONChain believes that it is ideal to launch its project, which is the creation of a completely decentralized platform, which brings the combination of Blockchain technology and IoT, allowing the interaction of intelligent devices, under the implementation of a unified protocol of IONChain, where you can share data based on the data of other devices that are also connected to the interfaces of IONChain, in short IONChain is the gateway to a world of intelligent devices very broad.
How does the IONChain protocol work?
This protocol works by integrating with many other IoT devices, regardless of their manufacturers, thanks to this integration many Dapps can be created, allowing in turn the optimization of them. All these devices under the IONChain protocol, can be programmed in order to perform actions, which depend primarily on the data that these other devices have connected to the IONChain network.
In less technical words, each device connected to another, allows easy programming through the Dapps created, for the execution of relevant actions depending on the data, or rather the type of device with which it connects, taking into account that all this can be done with multiple devices without any restriction.
Another very important aspect to highlight is that the more people and/or manufacturers use the IONChain protocol in each of the devices, the more opportunities exist to program the operation or action to be executed in the created Dapps, in order to have a better experience and massive use of IoT.
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Advantages and weaknesses of IoT and how IONChain can attack these
Mainly we are before a quite large market where technology continues to grow, millions of devices continue to be created and because of this continues to increase the lack of security and privacy for the data of all users who interact with any device, as most applications are in a centralized environment under servers that are in a single location being more prone to attacks and fraud.
Due to this problem IONChain with its peculiar and decentralized operation, increases security and privacy allowing to a large extent the integration of all devices worldwide.
Edge Computing to Disrupt IoT
Edge computing is the practice of processing data perimetrically, in short, data can be processed on any local device or in the cloud, instead of being processed in a centralized data warehouse.
A device, a coin, a code
This concept is basically the backbone of IONChain as it refers to the integration of all these elements into the ecosystem.
Device:
Means the IoT devices that participate in the IONChain ecosystem.
Code:
This is the unique identification code that can also be used as a wallet for these IoT devices within the IONChain network.
Currency:
This is simply the currency used in the IONChain ecosystem, which is
IONC.
Interplanetary File System Integration (IPFS)
This system is implemented because many Blockchains, have limitations in their storage capacity, which do not make them suitable for multimedia applications and other files that have large size, the purpose of implementation in IONChain is to address the origin of transactions, without compromising the data, which causes that distributing storage on multiple devices is the best bet for the proper functioning of your Blockchain in general.
![¿Qué es MyEtherWallet_.png](https://steemitimages.com/640x0/https://cdn.steemitimages.com/DQmSf9FQj82evW2NKKiQ7xiqeitGwLuzJh1MZUZXzC2tCwJ/%C2%BFQu%C3%A9%20es%20MyEtherWallet_.png)
Technical Architecture of IONChain
Mainly this system is given by what is called an Ionization, which as definition the following one:
It is a Chemical or Physical process, which generates an electromagnetic charge, where both negative and positive charges are produced, which form the ions.
Now in order to properly manage a data-driven ecosystem, IONChain created a method to separate value creation and value transfers called IONIZATION, so that it could be adapted to the Internet industry of things. Generally this process is done together by means of the chain of blocks, as it happens in a common way in Criptomonedas as Bitcoin, for example, however, this creation separates both executions of creation and transfers with multiple layers that I will explain next.
The creation of value
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