Dear community participants：

It’s time for the ITC weekly. Let’s take a look at the latest developments this week.

Development

Main chain: DAG main chain is going on smoothly, and the code will be open source. The token conversion interface of ITC public chain and ETH Internet is being written: to realize the hash monitoring of exchanges, trace the transaction status of ETH and deploy and invoke the smart contract.

Node: The parketing data transfer of bluetooth network is realized in both Android and ios app. The practical transmission performance between apps reaches 1.6k ( kilo bits per second).

PC DEMO: The code of transaction phase is completed. The threads of nodes of trading period are debugged. The debug of main chain is also in progress. And the PC DEMO of command line interface will be finished next week. With PC DEMO, we can not only simulate the landing plan of ITC by using C+multithread method, but also migrate it to executable code of chip after a handful of changes are made.

Marketing

Number of address holders: 2470

Number of transfers: 11284 (from Etherscan, at the time of publishing)

ITC is going into Korea market. The Korean version official website is launched.

Cooperation

ITC team announced to accept Korea Hashed’s investment. The two parties will form a strategic partnership. They will work together to promote the IoT Chain to blockchain supporters in South Korea, the United States, and other regions. They will also join forces to explore IoT Chain’s applications and implementations for the Internet of Things in various industries and further promote the application of blockchain technology in commercial and residential.

Community

Number of people in Telegram Group: 10000+

Number of people in Wechat Group: 4000+

Number of people in Beechat Group: 300+

The Beechat group is launched. Download Beechat app and search ‘ITC’ to join us.

Korean community is also launched.

Korean Telegram group: https://t.me./IoTChain_Korea

NAVER blog: https://blog.naver.com/iotchain

Korean official Twitter: http://twitter.com/itc_korea

Campaign

Beechat Group:

‘Red envelope’ bonus in Beechat group: We will give a red envelope of ten thousands yuan if the number of people in ITC Beechat group reaches 1000!

Telegram Group:

One week with Iot Chain’ is underway!

Campaign time: 2018/1/15 0:00 AM EST — 2018/1/21 0:00 AM

We will random draw 10 lucky participants and reward each of them 10 ITC. Top three Participants who win the most ‘like’ will be awarded 200/ 100/ 50 ITC.

See more details on ITC official Twitter: https://twitter.com/IoT_Chain

These are the latest progress report of the ITC project. See you next Friday.