IoT Chain (ITC): BRINGING SUSTENANCE THROUGH SECURITY
The Internet of Things(IoT) has been welcomed by the globe because of its uniqueness and simplification of life, IoT has been called the third wave of the world’s information industry development following the first and second waves of computer and internet respectively, its indeed the next big thing of the global age.
The market is increasingly growing as more and more devices and articles are been connected to IoT. The number of IoT devices will exceed the sum total of PC, tablet PC and smart phones in 2018 and reach a total of 20.4billion in 2020, its indeed an awesome technology but for the fact that its new and yet to be fully understood gave room to its porous nature when it comes to security.
One of such threats is the Botnets of Things that has infected more than 2 million IoT devices, the DDos attack launched by this made the network of American DNS service provider Dyn break down and users could not visit several popular websites such as Twitter and Paypal during a short period, so is pretty huge issue but a project came to the rescue and project is IoT Chain
IoT chain defines data sovereignty as the right for users to control their data assets, it will become the most abundant data ecosystem in the generation of IoT and generate large amount of data based on smart devices and users’ behavior, in ITC, users’ data belong to themselves.
Any company who intends to do big-data analysis or algorithm model training of advertisement recommendations will need to submit Chaincode to ITC.
ITC is created on a decentralized platform and as such it stands out from the usual centralized technology whereby identify information is centrally stored on servers that provide access to services such as email. These servers hold account usernames and passwords, as well as various other data related to the account and the administrators of these services have complete control over the server, users do not have control over their identity information. But in a decentralized platform, the reverse is the case as, no login or password is required, and the user controls their identity by holding their private key.
ITC technology allows privacy to be better protected. In a centralized identity system, service providers use user data at their discretion, and use this data to generate revenue without the user's knowledge or authorization.
The above is just the periphery of what ITC is all about, they have been doing great since after their ICO, opened an office, employed staffs, attended and actively participated in conferences, one of which is the Plug and Play (PNP) Supply Chain & Logistics Focus, the future of the project is great and we will get to see more good things come out of this project, as an investor, it was a great decision that i made to be part of this community and if you intend to be part of ITC, click on any links below and join.
See you at the top!!!
Website: https://iotchain.io
Telegram: https://t.me/IoTChain
Reddit:https://www.reddit.com/r/iotchain/
Twitter: https://twitter.com/IoT_Chain
Facebook: https://www.facebook.com/IoTChain/
Yeah, the internet of things( IoT) is indeed the next big thing and IoTChain in on the fore front of it
They stand out to achieve greatness in the area of IoT if they can offer perfection.
Experienced team that have great vision, I can see IoT Chain going far.
Me too, the time I've spent being a member of their community I've seen how focused and dedicated the team is.
upvote for me please? https://steemit.com/news/@bible.com/6h36cq
I strive not to be a man of success, but rather to be a man of value.
Exactly the value ITC is bent on delivering in the field of security and IoT
Nice quote you've got here gamingmeme
It is a real pain for centralization solution to operate the iot devices. They need a whole infrastructure team to manage the servers. At least with the decentralization approach you don't really need one.
Yeah I think security is one of the project biggest points and I'm glad they are taking it towards the IoT sphere
Security is their core and ITC is their major focus. Looking to make ITC more secured.
They really seem to be coming out of no where and really being above board since the ICO closed, heard a lot of news from their reports that they are moving from that ICO phase into the real world business phase with office and staff which is great
Yeah man, i've been keeping an eye on their twitter, and they are constantly attending events still and communicating with the community, so good to see.
Yeah, the team understands how to get themselves out there, they've attended lots of different events recently which has helped put them on the raider.
Exactly that kind of level head to get the product out and build up partnerships is really required in this day to make a successful project, the team is doing a great job of exactly that promoting themselves and developing contacts and partnership arrangements
I hope they really are so strict about user data security. This is very important for any IoT related project, ITC is one of the best in this sphere.
What I have heard so far about the project was only good. I do not worry about the safety aspect, ITC will do well
ya have talked to them a few times and they are constantly looking for new ways to secure the information that will be stored, its going to be an active process i think like most things in IT and will evolve and be more secure as it progresses
Yep, read much about it too, every aspect of ITC activity just proves that they make everything possible for user data security. Great sign for me.
Yeah, security is very important i read their whitepaper i gotta said they have a very awesome security concept
Finally bringing to an end the long reign of security problem on the platform.