CPChain is a Blockchain Platform for the Industrial Internet of Things.

The Industrial Internet of Things (IIoT), also known as the Industrial Internet, is transforming industries with unparalleled levels of efficiency, productivity, and performance.

“Put very simply, the Industrial Internet is what powers the Fourth Industrial Revolution. It is the digital technology which enables the connection of machines, data and processes and makes possible the creation of smart technologies, smart manufacturing and connected city infrastructure.”

Industrial Internet vs. Internet of Things

— The Industrial Internet connects machines and devices in industries.

— Internet of Things connects consumer-level devices.

Industrial Internet Industries

Automotive

Aviation

Chemicals

Healthcare

Manufacturing

Power-Utility

Renewable Energy

Transportation

Industrial Internet and the Internet of Things are rapidly growing industries. General Electric (GE) has estimated that upwards of $60 trillion will be invested in IoT over next decade. CPChain will be a big data solution for a variety of uses within a multitude of industries.

What makes CPChain unique?

Blockchain IoT platforms are not focused on the Industrial Internet, this is where there is much more data and system failures or unplanned downtime can result in life-threatening or high-risk situations. The expertise of the CPChain founders, partners, and investors involved show why CPChain will be the blockchain platform for the Industrial Internet.

The Blockchain Solution

CPChain is developing a blockchain platform to enable IoT devices through multiple industries to interact with different data sets over cross-chain application. The platform integrates Blockchain technology, encryption computation, and enhanced scalability through cloud storage.

The Blockchain Platform solves the following three IoT problems:

1. Costs of device connectivity — Existing connectivity solutions are expensive and insufficient.

2. Privacy — A secure IoT environment should be built on trust.

3. Data Value — Create a peer-to-peer decentralized network where data can be shared equally and safely.

Data Acquisition, Sharing, and Storage

CPChain will be the transmission vehicle for comprehensive data acquisition, data sharing, storage, and application use in the IoT industry, allowing vendors and suppliers to monetize real time data on the Blockchain.

“CPChain proposes a three-part system that will become the backbone of future IoT infrastructure” (Long et al., 2018).

Parallel distributed architecture separates the data layer from the block chain, which not only preserves the security and decentralization of the block chain system, but also improves the scalability and greatly reduces the block size.



CPChain will be launching their open source version of their Parallel Distributed Architecture for Storage and Sharing (PDash) in June 2018.

Every Blockchain IoT project can benefit from using PDash. For example, if you are a Blockchain IoT project that is going to have massive amounts of data/transactions you can benefit from using this solution. Matrix AI Network is a good example — they will generate massive amounts of data on their network and could require a data storage solution such as PDash for big data applications.

Double consensus mechanism offers an innovative hybrid consensus protocol for large-scale blockchain infrastructures based on optimization of computing and communication.

Side chain consensus system as the requirements for worldwide IoT applications differ per application, CPChain will offer a lightweight side chain consensus protocol to meet these requirements.

CPChain Founders

CPChain has an incredible team with renowned members in the Chinese and international IoT and Academic sphere.

Dr. Chengnian Long and chief scientist Dr. Chengnian Long is an IEEE senior member/editor and professor, who sits on many technical committees in the industries of education, commercial operations and security. Professor Long Chengnian’s main research direction is the Internet of Things (IoT) and distributed intelligence system based on blockchain technology and has written over 50 Publications in IoT.

Dr. Zhao Bin has over 12 years of R&D experience in communications, IoT, and the Fintech industry. He owns several patents and some of these patents are used in the CPChain infrastructure. He has also been the Chief Engineer of IoT at Shanghai Bells which has received eight Nobel Prize awards.

Shi Qingwei is an early participant in the blockchain industry and founder of Shared Finance, a well-known blockchain and digital currency news platform in China. He has been involved in several blockchain projects, among others the highly innovative company high performance blockchain.

CPChain has a growing team specializing in scalable blockchain system architects, distributed consensus protocol engineering, consensus algorithm engineering, large scale data processing, system security engineers, application engineers, big data engineers, and software engineers.

CPChain Partners and Investors

The partners and early investors of CPChain are truly impressive and include VeChain, QTUM, High Performance Blockchain, ETP Metaverse, Torque Capital, Shanghai Automotive Industry Corporation, TIOTA, and Zhichao Medical Technology Co. Ltd.

CPChain Progress

CPChain has successfully completed the research and development of the key technologies underlying the proposed infrastructure. The team has been developing the distributed data storage and computing as well as the double layer consensus for several years now.

The CPChain infrastructure currently enters the implementation phase. The main net will be launched in Q4 2018 but we should expect huge things from the team and company even before that.

A pilot has started within the Shanghai Automotive Industry Corporation (SAI) to put electronic vehicles on the campus of the Shanghai Jiao Tong University to use as a testing platform.

Dr. Long Chengnian, CEO of CPChain, visited the Hunan Provincial Health Industry Park and the National Super-Computer Center (Changsha Branch) on 21 April. Dr. Long signed a strategic cooperation agreement with Dr. Weihong, founder and chairman of Zhichao Medical Technology Co. Ltd.

In May, CPChain officially joined the Trusted IOT Alliance (TIOTA). The founding members include QTUM, VeChain, IOTA, and many more. TIOTA enterprise members include Bosch, Cisco, UBS, BNY Mellon, and more.

Dr. Long was also recently invited to serve as an editor of IEEE editorial board with regard to his great contribution in the current IoT industry. CPChain is looking to enter this huge market with a unique solution and the qualifications to become the experts in the Industrial Internet of Things.

Conceptual Video

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