As I previously mentioned in one of my other articles IoT Chain is a a decentralized, energy efficient and secure network for IoT devices. It will prevent attackers from hacking into IoT devices and using them to gather sensitive and valuable private data.

The IoT Chain token ticker is $ITC and the token has been trading on huge exchanges like Huobi, OKEx, KuCoin and Bibox since 13th December 2017.

IoT Chain has partnered with some huge companies this year and I'm going to go into some detail on who the partners are and what kind of benefits they bring to the project and the team.

#Hashed

Hashed is a South Korean crypto fund that helps accelerate projects development, some examples of companies they have helped are CoinManager, MediBloc, ICON, Contents Protocol, Terra, TTC and many others.

They help projects by providing funding to ICO's and they also work on building communities and they do this through their 'Hashed Lounge' meetups and their 'Hashed Post' crypto journal.

IoT Chain will benefit from this partnership because their investment helps encourage other South Korean capital funds, traders and investors to buy into the ITC project. This also helps grow their community and provides much needed funding.

Shanghai High Flying Electronics Technology Co. Ltd. (Hi-Flying)

Founded in 2009, Hi-Flying is an enterprise that specializes in wireless and IoT technology. They also provide the full IoT solution to customers through cloud servers and apps.

Hi-Flying will produce the chips that will be used on the IoT Chain firmware. This will benefit ITC because it means other manufacturers will be able to implement IoT Chain functionality into their hardware.

In future IoT Chain will hopefully be able to attract more manufacturers which means their platform will be adopted by more users.

Hero Node (HER)

Hero Node, token ticker $HER, is a next-gen decentralized blockchain fog computing platform. Hero Node can be used on any blockchain that uses smart contracts and nodes can be deployed in less than 5 seconds.

It's fully decentralized and it can be used with JavaScript to develop a platform DApp, which can then be run on iOS, android or a web platform.

It's extremely to use, no servers are required because Hero Node synchronizes data and files on global nodes. No domain names are required and databases are not needed either.

IoT Chain's partnership with Hero Node means that both projects will benefit from each others work on cross-chain services and solutions.

Cross-chain development is important because it makes it possible to make transactions across blockchains, this will connect the communities behind once distinct networks.

Adzar

Adzar Energy are China's leading provider of distributed energy solutions.

IoT Chain will be working with Adzar to develop a brand new clean energy market using blockchain. This new energy market will change the current circulation and transaction methods and it will also promote the application of blockchain technology in energy industry.

This is a strategic partnership and it benefits IoT Chain because they will be partnering with a huge Chinese company. Adzar are also partnered with companies like Huawei, the massive tech company that is now rivaling Apple & Samsung with their new phone.

Partnering with a business that has these types of connections and experience can only be a good thing for IoT Chain.

Summary

This is only a few of the partnerships IoT Chain have announced, you can find the full list on the IoT Chain website. Scroll down the home page to the investment agencies, cooperative partners and media partners sections.

More Links:

Website - https://iotchain.io

CoinMarketCap - https://coinmarketcap.com/currencies/iot-chain/

Twitter - https://twitter.com/IoT_Chain

Medium - https://medium.com/@IoT_Chain

Steemit - https://steemit.com/@iot-chain

Facebook - https://www.facebook.com/IoTChain/

Telegram - https://t.me/IoTChain