Review on IoT Chain by Özgün A
Meet the technology of the future: Internet of Things
IoT Chain is a cryptocurrency algorithm created to solve problems on blockchain technology. The blockchain ecosystem has two biggest problems.
1) Security
2) Scalability.
IoT Chain is a system created to solve these two problems. It is open source and open to continuous improvement. By symbolizing objects based on internet, security protocols of each object (process) are drawn. Thus, the security of the assets is provided.
The IoT Chain project supports game developers, works in harmony with the DeFi ecosystem to get to the bottom of the problems, and allows DPOA mining.
Some of the features of the IoT Chain project are;
1) Realizing the transfer of data very quickly.
2) To keep control of the data you have.
3) To encourage the use of intuitive artificial intelligence to enable users to get better results.
As a result;
The IoT Chain project aims to create an impenetrable firewall for all systems running on the network and to ensure that you have complete control over the assets. The project is still under development.
Pros
- It works with distributed blockchain technology
- Security procedures are spread out in layers. Each layer is in harmony with the other
- Provides low cost and high speed transactions
Cons
- I think the implementation of the project will be difficult. Because this technology cannot be applied even on today's
