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Pedro O. Alvino M. photo
Venezuela
5 Level
886 Review
1576.5 Karma

Review on IoT Chain by Pedro O. Alvino M.

Revainrating 4 out of 5

The Internet of things

The IOT chain project was created with security and scalability in mind. It uses blockchain technology to protect users and their IoT-related belongings from external attacks, and the transparency of open source software offers guaranteed protection against attacks from within.

Almost anything with an intelligent chip and IoT connectivity can be managed and automated with total security through the IoT Chain.

IoT Chain has often been called “IOTA of China”, but unlike IOTA, IoT Chain is backed by a single-chip microcomputer that allows for easier hardware test security than other alternatives



Pros
  • Offers an internet of things network with Blockchain technology
  • I allowed transactions and secure interactions on the Internet of Things.
  • Highly scalable network
  • It contains a reward program with blocking token, which encourages investors to keep their tokens in the long term
  • Its consensus protocol based on PBFT allows fast and concise mining.
Cons
  • IOT chain also presents problems similar to services similar to centralized systems, such as the high cost of operating the platform
  • Some role functions are still in development
  • Your security model may be vulnerable.