



As we all know the IoT [internet of things] is increasingly becoming more and more used.



Having gone from connecting laptops to enterprise networks, to enabling bring-your-own-device (BYOD) policies, and most recently to delivering mobile multimedia experiences, the intersection of mobile, the internet of things (IoT) and cloud will drive growth in Wi-Fi networking during the next five years, according to Keerti Melkote, co-founder and president of Hewlett-Packard Enterprise.

The chart above goes to show how much growth is predicted within the next 5 years and it’s quite a staggering amount. So, with the forever increasing number of devices on the IoT network it certainly raises some concerns in regard to vulnerabilities. Therefore, IoT Chain was created; to run on a decentralized blockchain open source system to prevent attacks occurring from the outside.

By incorporating IoT Chain blockchain technology with DAG technology, IoT Chain aids to correct the primary challenges of security and transfer speeds experienced when utilizing the Internet of Things. This is quite an accomplishment in the IoT world considering how many potential vulnerabilities that there on all our smart devices which can range from a fridge to a mobile phone to even a toothbrush.

One of the biggest issues with internet users is hacking and slow data transfer rates.

With IoT Chain, your data is safe on the decentralized network, and at the same time, you enjoy fast data speeds amongst all your gadgets. IoT Chain ensures controlling user's rights, safety and protect the devices from being attacked by hackers. It can also protect data sovereignty and privacy by defending users' device from applications trying to over access the information.

For instance, the data of intelligent devices, such as the contacts, can only be accessed by users themselves. IoT Chain applies a combination of semi-homomorphic-encryption ciphertext computing technology, asymmetric encryption of cryptography, and distributed architecture without the data center to enable such features.

Summary:

IOT has a high cost of centralized architecture, a big plus as to why this could be globally implemented. The number of devices has increased dramatically raising alarms for a more secure, efficient solution. The project is solving a legitimate problem, has a solid team, trusted investors as well as strong and relevant partnerships in the industry.

Below are some useful resources / Social media platforms for ITC

Website: https://iotchain.io/

Telegram: https://t.me/IoTChain

Twitter: https://twitter.com/iot_chain

Reddit: https://www.reddit.com/r/iotchain