IOST x INT: Blockchain x Internet of Things

Gartner, an international research and advisory agency, research based on more than 500 U.S. companies shows that the Internet of Things + Blockchain has developed much faster than expected at first and that 75% of the companies have integrated blockchain technology or plan to do so by the end of 2020.

This means blockchain + IoT applications will be even more widely used in various fields and that IOST will also have the opportunity to reach cooperation with more enterprises, using blockchain technology to empower Internet of Things applications and adding extra value to the data generated.

As a leading public chain project, IOST specializes in the research and development of blockchain technology, it’s popularity in the industry comes from its growing scalability and high security; as mentioned in this article, IOST is partnered with the leading drone dedicated global enterprise EHang. IOST uses blockchain technology to provide Ehang with a secure and reliable data management system, and encrypts and verifies operating system data, ensuring that the data of the drone’s operating system is authentic, valid, and tamper-proof.

INT Chain project evolved from the development IoT structure system to become the world’s first bottom-up application platform which created a new generation of IoT + blockchain interaction standards. INT Chain is also partnered with well-known companies such as China Telecom, ZTE, and Hubei Industry and Construction Group.

The cooperation with IOST will focus on the exchange of knowledge in the application Blockchain + IoT and joint research of the its integration, the development of related applications, and the active deploy of IoT in the blockchain ecosystem. In addition, INT Chain’s numerous enterprise resources will also bring more potential partners and applications to IOST.

“In this cooperation with IOST, we will share the accumulated experience and technology in the application of IoT. At the same time, we will explore the application and development of blockchain technology with IOST in many fields. We are very glad to have reached a cooperation with IOST.” Said by Yin Xiangyu, head of INT Chain China.

In the future, INT Chain and IOST will continue to further explore the field of IoT and promote the combination and application of blockchain + IoT. Jointly expanding the application of blockchain and the Internet of Things in multiple fields such as industrial fields, public fields, business operations and communication, so as to promote the prosperity of the digital economy and the real economy