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CPChain Review

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Average

Revainrating 3.5 out of 5  
Rating 
3.6
Crypto Projects, ERC20

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Description of CPChain

CPChain (CPC) is a cryptocurrency launched in 2018and operates on the BNB Beacon Chain (BEP2) platform. CPChain has a current supply of 999,999,999.171729 with 376,765,852.266929 in circulation. The last known price of CPChain is 0.00263274 USD and is up 34.03 over the last 24 hours. It is currently trading on 6 active market(s) with $82,247.28 traded over the last 24 hours. More information can be found at http://www.cpchain.io/.

Reviews

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Type of review

Revainrating 3 out of 5

Fully decentralized information infrastructure for large-scale IoT systems.

CPChain is another distributed basis for the latest IoT deployment. CPChain means building an important data chain with appropriate power, encryption calculations and blocking advancements for IoT frameworks, providing all the interaction modes, from data acquisition, capabilities, sharing. CPChain is a promising response to the current challenges of IoT frameworks in the field of engineering, reducing the cost of networking, ensuring data security, and expanding the value of IoT data. The…

Pros
  • The next generation is the newly distributed infrastructure for IoT.
  • A technology that enables billions of devices to communicate with each other.
  • At the beginning of the project, the marketing was so bad that there wasn’t even a single record.
Cons
  • I didn’t see the downside.

Revainrating 4 out of 5

Fully decentralized data infrastructure for large-scale IoT systems.

Innovative technological ideas and a highly skilled team with favorable industry connections make it's success highly likely, but the chance of poor execution still exists, as this is a general risk when investing in early-stage projects. Considering the size of the market for IoT applications and systems, It is targeting several large and more importantly, fast growing industries, becoming a big player is possible but not necessary for the long term success of this company.

Pros
  • In terms of product and technology, CPChain is very interesting and promising.
  • It have the team and partnerships to realize its vision.
  • Incentivizing personal data sharing, which is going to be generated in masses with the upcoming smart mobility industry.
  • Reducing costs for interconnection.
  • It was able to perform 1,000 transactions per second and up to 10,000 transactions per second.
Cons
  • There is an existing external risk of established, non-Blockchain competitors entering the market Amazon (AWS IoT), Cisco, Alibaba, Bosch and many others.

Revainrating 4 out of 5

A new distributed infrastructure for next generation IoT.

What problem does CPChain solve? The Internet of Things basically provides the technology that makes it possible for billions of devices to communicate with each other, but it doesn't offer the ideal infrastructure, to allow for highly scalable communication among these devices. This is precisely where CPChain sees its value proposition. A blockchain-based decentralized approach to IoT networking could solve many of the traditional IoT system's issues. Industries and Use cases. CPChain’s…

Pros
  • By combining distributed storage, encryption, and blockchain technology, the project is providing a comprehensive solution for the whole process of managing IoT data, from data acquisition, storage, sharing to the application.
  • CPChain is trying to disrupt the IoT space with its innovative blockchain architecture, their approach differentiates them from the existing architecture of any centralized IoT network.
  • The IoT industry is rapidly expanding. Market research by IHS Markit, predicts 30 billion connected devices by 2020. 5 years later, the number could reach around 75 billion.
Cons
  • Although CPChain is making big progress in terms of real world use cases, a lot of these innovations do not yet exist on the actual product, and it has yet to be proven by the team that they can deliver on their promises in the long term.
  • It also remains to be seen, if these developments will be sustainable in a real IoT network with thousands or millions of smart devices and an increasing amount of data transactions.

Revainrating 3 out of 5

The project in the beginning had very bad marketing and not even single post…

The project in the beginning had very bad marketing and not even single post in English right now they are getting some exposure and they understand the importance of marketing in English project is high risk high reward. They also are making their team bigger and I am positive about future of the project this can be one of the so called "10x" coins worth of putting 2 to 5% of your portfolio money in. Lot of twitter influencers are shilling cpc now because they bought in so the exposure is in…

Pros
  • -Recently partnered up with BMW china -Low cap coin potential to grow -Vechain one one of the investors -Partner up with LTO network -long road map all the way to 2020 it can be good and bad because team is taking long time to make the project complete and this can cause price drops during the this period
Cons
  • -Bad marketing most of the articles and interviews are in Chinese -No major exchanges -No links to linked in from the team just a short note in a website -Big hard cap 30 mil. -Not very transparent, but it's getting better