IonChain : A High-Capacity IonChain Transactional System

In conjunction with the emergence of cryptocurrencies, the blockchain era has evolved rapidly in recent years. Within the 13th five-year countrywide records Plan issued by using the state council of China, blockchain era became mooted as one of the frontier technologies inside the countrywide Strategic format. Blockchain generation is going to offer the essential infrastructure for the following era of the net, the internet of value and is now collaborating with rising technology in distinct fields to gradually extend the utility variety.

IonChain goals to remedy an extensive variety of the present day troubles of IoT networks in terms of data safety, records circulation, information sharing and facts transactions, as a result improving the efficiency of the entire IoT ecosystem. IonChain introduces the idea of “One tool, One Coin, One Code” which helps the mixing of IoT devices with the IonChain blockchain network. With using aspect computing generation, it allows every tool at the IoT network to be utilized as a mining machine, making every IoT device that makes use of IonChain subject to mining rewards. Because of the use of blockchain era, the statistics source will usually be reliable and verifiable at the IonChain network. Moreover, the price of the records is quantified and data transfers are fast and secured. This makes it simpler for IoT requirements to emerge, unlocks a plethora of recent IoT application scenarios and boosts the whole industry to go into the next stage of development.

Data trading markets at the data demand side, inclusive of enterprises, need person records. Users or corporations with IoT devices can upload the tool information to IonChain and quantify the price thru IONC. While users buy vehicles with the IonChain network, customers can get IONC as long as they authorize their statistics to be used by the statistics demand aspect.

Making shared economy a reality helps operation authority buying and selling and uses smart contracts to comprehend device-device interactions and device-consumer interactions. Take bicycle apartment for example. All and sundry can become a lessor or a renter. There are not any third events or carrier fees throughout the whole system.

IonChain stores encrypted information via distributed nodes to make certain information security. On the same time, customers get control of the records. For that reason, the information can be converted into value under the authorization of the users

IonChain ICO

• Token : IONC
• PreICO Price : 1 IONC = 0.0000066 ETH
• Price : 1 IONC = 0.000008 ETH
• MVP/Prototype : Available
• Platform : Ethereum
• Accept : ETH
• Minimum investment : 0.1 ETH
• Soft cap : 1,600 ETH
• Hard cap : 1,600 ETH
• Country : Finland
• Whitelist/KYC : KYC & Whitelist
• Restricted areas : USA, China, Singapore

IonChain Roadmap

• March 2018
  Start of the Ion Chain development

• May 2018
  Token distribution

• June 2018
  Development

• August 2018
  Team expansion

• October 2018
  Testnet 0.1

• December 2018
  Smart Contract 0.1

• January 2019
  Testnet 1.0 and Smart Contract 1.0n

• May 2019
  Further Team Expansion

• June 2019
  Company formation/legal

• Octorber 2019
  Ion Chain Mainnet 1.0

With the assist of side computing and ionization algorithms, IonChain can allow IOT nodes of any length and any kind to be related. This could make the entirety will be a mining machine a reality. It'll also make the stratification of value advent and price switch thru ionization algorithms feasible. As soon as tens of billions of IoT devices eventually realise value creation and switch, the cost of the IoT will explode. It is reported that IonChain has already entered into a cooperation settlement with several main IoT device manufacturers in China. They'll jointly increase IoT devices primarily based on IonChain.

IonChain Team

Website Whitepaper Bitcointalk ANN Thread Twitter Facebook