I came across IoTChain couple of weeks ago and ever since then I have been following them up consuming every news and update they let out. should in case you are wondering why am taking them too seriously I would like you to know that am a huge fan of the internet of things(IoT) so anything that has to do with IoT, am all in for it.

So far so good I have gathered quite a lot about IoTChain and am going to list what I believe are the most important things anyone should know about them. for your information, IoTChain is a work in progress which means a lot is still going on but for now, let feed on these ten things.





1. IoTChain is an internet of things(IoT) platform that is based on the blockchain technology. it is developed as a lite operating system that uses the blockchain concept and also implements some cool technology such as PBFT, DAG, SPV, and CPS, thereby allowing data to be layered and stored in a decentralized manner and providing protection with the combined strength of the millions of IoT nodes within the network. Under this network, the interconnection of IoT devices of a home, a business or even a city can truly flourish without worry of transfer congestion, malicious attacks or losing privacy. for more information about how they want to achieve this read their whitepaper here





2. Should in case you are wondering what makes them different from the existing project here is a comparison with similar project





3. They are not just creating technological solution only to make financial gains but also to advance and better the internet of things here are their visions.

To implement impenetrable security in our Internet of Things network To give control of data back to its rightful owner To provide unparalleled stability and speed for data transfer To promote the development of artificial intelligence through user data





4. IoTchain wants to start and launch within a reasonable timeframe Most of their project is happening this year. so relax they have got you covered.





5. IoTChain is not just about the software or the standards that are going to power internet of things (IoT) They also want to create the hardware. They recently Introduced IoT Chain Chip. (i love this)









6. IoTChain is already on the market. Currently, the Number of token holders are 16,114 and Number of transactions are 40,994





7. On July 10th, the IoT Chain team was invited to attend the 2018 Huobi Pro Exchange Meeting. IoT Chain had previously won the "Best Performance Award in the Innovation Category" at the Huobi Global Partner Conference earlier this year. the more reason why I love this project





8. IoTChain has a large community That is rapidly increasing. for your information am part of the 20,541 twitter followers and 63,210 telegram members.





9. They are currently trading at. Houbi, Okex, CEX.com, Bibox, KuCoin, Tokencan, Coinrail





10. IoTChain community is open for participation,

website: https://iotchain.io/

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

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

Twitter: https://twitter.com/IoT_Chain

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

