IONChain, "One device, one code, one coin".

sweetdreams (55)in #crypto • 6 years ago (edited)

What is IONChain?

As easy as saying "One device, one currency, one code", IONChain is a project born in Singapore in 2018 with the purpose of designing and automating transactions between intelligent devices through the IoT network, creating equal communication parameters between them.

How does it work?

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As we already know, for physics, Ions are basic particles that join together to form matter, from this theory arises the idea of a platform that fulfills as an underlying particle in the ecosystem of the Internet of Things (IoT), working as a nexus, IONChain aims to form a kind of network that allows communication and interaction of IoT devices, where each device separately works as a mining equipment.

But what makes each device work like a mining machine, well, what if I told you that each IoT device can generate valuable data that allows you to "mine" coins just by being turned on? Excellent right? Because with IONChain this is possible, by connecting a device to the IONChain network, due to its calculator power will contribute through an ionization algorithm, working as a kind of service provision and therefore you will start receiving IONC, tokens that you can simply save or change to other crypto coins or Fiat money.

Basically you can mine crypto coins from the comfort of your own home.

Vision

IONChain hopes to allow the creation of dAPP and intelligent contracts, but first it will have to solve security problems for the circulation and transaction of data, hoping to significantly improve the IoT network. It is clear that blockchain technology represents a promising future and thanks to the large amount of data that must be circulated and transferred, it is very likely that it must join the applications of the Internet of Things to allow a decentralized control, IONChain hopes to be the beginning of this great union.

Ecosystem IONChain

By establishing a link between the Iot industry and the chain of blocks, the growing population of people who daily adopt their intelligent devices both in the industrial market and for their own consumption, will see an excellent business opportunity, simple, easy and convenient to take advantage of, thanks to the ability to provide large amount of DAPP to optimize such devices, starting from the idea of "one device, one code, one currency". Each person will be able to mine from their home IONC, which is believed to have a strong global impact, as anyone would love to generate income from the simple task of keeping their smart devices connected to a platform. In my personal opinion, a revolutionary and multi-million dollar idea, both for the IoT industry and for every person who can afford an intelligent device.

Use Case

Imagine having a company full of intelligent equipment that can start generating from small to large revenues by simply keeping all its devices connected to a web platform that mixes the chains of blocks in the same IoT network, allowing the mining of tokens easily exchangeable for Fiat money or other crypto currencies... The future of financial freedom could be in the hands of IONChain.

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More Information and Resources:

IONChain Website
IONChain Bitcointalk Explanation
IONChain WhitePaper
IONChain YouTube
IONChain Twitter
IONChain Medium
IONChain LinkedIn
IONChain GitHub
IONChain Steemit
IONChain Telegram

I invite you to learn more about IONChain,project that represents a promising future for all within the blockchain community.
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