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/
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Thanks for the article. Really stuffed with important Info
indeed the future is truly coming, when i first read their whitepaper i was wondering how they could pull this off but now am very positive they are already a huge success. kudos to you IoTChain
The project is indeed one of the best project that i've so far seen, with updates coming in on a daily basis, the community is excited and everything seems to be going according to plan
From the onset, I knew this project will be a successful one every since my first encounter with the team.
It is nice seeing the chips and understanding the integration in the IoT system. Thanks for this article.
yeah, it absolutely a giant step in the right direction
Such a nice article. I also wouldn't imagine that they are coming with their own hardware. I have to keep follow them to collect more information about IoT.
This seems to be a trend i can get behind as it really sets the project ahead and different than the other things we see in the industry which will be a big splash when it comes to marketing it
Wait, IoTChain have made their own hardware? Those pictures are their own device? That's awesome!!
They indeed made it! This means soon we will see how all devices can be connected to the IoT - not on the paper but with real examples.
I did not know they had one in the works. I knew they were working on an OS but not this too
Likewise, I thought they were going to just be a software OS, the fact they've made their own hardware is amazing!
Exactly. That was somehow surprisingly for the most people, even for those who watch attentively for the project updates.
I am also seeing it first time. I thought they were developing just OS, but its cool they came up with hardware also now.
It's really good to see the partnership between Huobi and ITC, this will really benefit IoT Chain over the next few years.
I am smelling a giveaway or some sort soon. Huobi has a good volume and for ITC to keep the partnership healthy is a long term value.
Yep these kind of partnerships always lead to joint ventures and giveaways to drum up support it's something to watch like a hawk, but i imagine anything like that will be limited as ITC is worth a lot
Yes maybe something like an airdrop or trading competition on their exchange, nice bit of extra marketing for the ITC team.
So there could be a chance to earn free ITC tokens? I will surely try it.
I hope this partnership helps both parties achieve attain greater heights.
The development and release of the chip is a big step. I am really impressed
I honestly did not expect that
They obviously haven't been playing. They mean business.
They really did impress with the release of the chip. I guess they are trying to give the community something to look up to.
Yea, the project is taking shape, its no more based just online, like virtual but becoming more of a realistic project that the community can relate with
Well written article, it is very insightful and explained a lot about the IoT system.
I missed ITC T-shirt and hoodie, I bought tokens only few weeks ago.
I see a lot of changes since last week updates. And ITC's weekly update keeps impressing me.
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I am holding their tokens for 90 days to Win a T-shirt or Hoodie as they mentioned in their twitter .
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