This coin is.. IoT Chain
ITC is designed to solve the severe safety problems of present IoT. ITC applies a combination of asymmetric encryption of cryptography, semi-homomorphic-encryption ciphertext computing technology and distributed architecture without data center.
Core technology
- Asymmetrical encryption
- ITC nodes protect the users privacy
- The blockchain cannot be tampered with
- Scalability
- The future ITC will have tens of thousands of nodes to meet the needs of IOT data storage with the blockchain.
- Consensus system
- PBFT consensus, the DAG network
basically IoT Chain is a Chinese answer for IOTA and utilising the DAG technology.
See market cap of different DAG's (I made it a few days ago):
Undervaluation of IoT is heavy from every point of view:
- it's the only Chinese coin using DAG technology,
- biggest Chinese crypto fund (FBG) invested in them
- Partnerships with:
- Shanghai High flying electronics technology
- Peoples daily digital communication
- Shenzhen Galaxywind Network system
- Shanghai Shuncom Smart Technology
- Telink semiconductor
- Shanghai BeTiger Network Technology
- Shenzhen LEnze Technology
- so far no advertising and under the radar of the whole western world
-will be listed by Binance if their telegram reaches 5000 people: https://t.me/IoTChain - very low cap, only about 60m USD,
- only 420 token holders - strong hands! Just look at the chart:
You can clearly see a slow but sustaining accumulation, in fact I bough 25k of it at the current prices and I know many whales getting it because with that tiny market cap it will easily blow up 500% in next 3 months.
It's trading on Huobi and Okex.
https://www.huobi.pro/coin_coin/exchange/#itc_btc
Private sale of IoT chain raised 10m USD.
1 ETH in ICO = 1000 tokens
Total supply of tokens = 100m.
Circulating supply = 50m.
https://coinmarketcap.com/currencies/iot-chain/
Still awaiting to be added to blockfolio and coinmarketcap properly visible.
bough for 10 eth 3 days ago
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Thats 30 ETH now :)
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Thank you for this information! Great post. Maybe I will buy some myself
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Iota is good to invest ?
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IOT (ITC) better,
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Thanks for this post! Love their vision and I believe IOTA will increase significantly over the next month, missed to buy at 0.5...
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This is about IoT Chain which is a competition to IOTA.
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I think you are confusing IOTA with IoT Chain
The author is referring to the latter
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well read what I wanted to read - sorry, but still believe IOTA might win the race.
Still nice pre-view thanks - let's see what will happen once it hits Binance.
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The more DAG solutions the better.
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Co myślisz o SONM?
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Nie interesowałem się nim nigdy bliżej, słyszałem tylko jakieś plotki że może niedługo wejść na bittrex.
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a ktora z tych giełd co wymieniles polecisz? mysle nad kupnem IoT :)
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Huobi jest wygodniejsze niż okex i jest tam dobry wolumen.
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Great post!
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Hey, if you guys are interested in a more opposing view on the IoT Chain, check out my steemit article about their coin.
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There's another DAG chain cryptocurrency coming soon: Yobicash.
Yobicash is a cryptocurrency based on DAG chain so doesn't have the scalability issues associated with blockchains.
Yobicash is a cryptocurrency built to secure the storage and sharing of data by ensuring the main properties of information security: confidentiality, integrity and availability. To enforce these properties, Yobicash employs cryptographic protocols, data replication, economic incentives and a DAG chain of transactions.
The cryptographic primitives and design are described by project designer Christian Nyumbayire in the Yobicash whitepaper first published in October 2017: https://yobicash.org/whitepaper.pdf
In summary, Yobicash reinforces:
privacy through zero-knowledge proof and encryption
data integrity through cryptographic authentication
data availability through replication
To find out more, join the Yobicash chat: https://t.me/joinchat/AdtOLUQpI9uUG5bH326S2w
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Hi dawidrams,
First of all, thank you for writing an article about ITC on Steemit! I'm Ruizhi of IoT Chain (ITC). At the moment, we are going to create a Steemit channel to reach out to more people and increase the awareness of people! It would be great to work together and make this project a bigger success. You're already active on Steemit, so if you want to help and support ITC, please contact me asap! My email is [email protected]
Hope to hear from you soon!
Kr, Ruizhi
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