I wouldn't have imagined IoTchain would come out with an hardware component but here we are;
Computer chip, also called chip, integrated circuit or small wafer of semiconductor material embedded with integrated circuitry. Chips comprise the processing and memory units of the modern digital computer. - https://www.britannica.com/technology/computer-chip
The concept of chip integration in the IoT system in areas of security seems to me a brilliant approach as a small breach can cause a lasting damage to any of such system. Chips play two significant roles in the IoT blockchain;
- Connects device to the internet of things
- Provides a unique ID for each IoT device such that data uploaded and downloaded among different devices have a designated code name thereby avoiding a situation of theft and data breaches.
IoTchain has set itself apart as a formidable IoT-blockchain project with it's successful integration of the chip-level, since IoT application affects just about anything airplanes, refrigerators, mainframe computers, cars, wrist watch and even the rest room door, raising it's security layer to an unreachable level, data security have never been this good.
Huobi Pro Exchange Meeting
Last week July 10th, the IoTChain team was invited to attend the 2018 Huobi Pro exchange meeting held af Huobi office. ITC CEO Zhuopeng Xie and co-founder Xinhao Lyu met with Huobi founder Li Lin and fellow industry peers. Lin explained that choosing good projects is key to maintaining the exchange’s competitive advantage as Huobi to me offers the very best services and huge volume competing with Binance. IoTChain had previously won the “Best Performance Award in the Innovation Category” at the Huobi Global Partner Conference earlier this year, placing it as one of the best project to look out for this year in the blockchain.
Current Developments
Important aspects of the main-chain have been successfully concluded, undergoing debugging phase and full deployment thereafter;
Runtime: memory, stack, and storage implementation
OpCode
Precompiled contracts support
Mock state and codec testing
Currently in Progress(wallet product design);
Client contract support
Statistics
Monitoring and subscriptions
Multisig support
Hold ITC and Win a T-shirt or Hoodie
Anyone missed this contest cos I did? Those who held ITC tokens for 90 or more days had the opportunity to win an ITC T-shirt or hoodie. Due to overwhelming demand, all available ITC apparel was claimed within 24 hours of the contest launch.
Take solace, ITC is well known for it's benevolence and games that comes up time to time which have equally attracted a huge number of follower-ships and interest, they hold one of the biggest platform in telegram 56,549 members and counting
In my previous article of IoTchain I have talked about the expected progress scheduled for end part of the year, road map is carefully followed with the above developments so far with multi-scenario IoT application covering smart terminals, smart homes, new energy and various others.
Updated Website
IOTCHAIN.io website have been updated, check out the 3D features and sleek layouts. Listed in various markets you could get $ITC at a relative cheap price which i doubt won't last out in no time, a lot is taking shape in the project.
Follow IoTchain progress:
Telegram: https://t.me/IoTChain
Reddit: https://www.reddit.com/r/iotchain/
Twitter: https://twitter.com/IoT_Chain
Facebook: https://www.facebook.com/