ITC (All Things Chain) is a blockchain-based secure IoT light operating system. The ITC (Everything Chain) solution integrates blockchain technology, combined with cryptographic asymmetric encryption technology, semi-homomorphic encryption ciphertext computing technology, and a distributed architecture without a data center, aiming to solve the serious security problems of the current Internet of Things , to meet the highly concurrent usage scenarios of the Internet of Things and realize the interconnection of all things.

ITC is the abbreviation of IOT onchain Token, which is the blood that drives the operation of the decentralized Internet of Things operating system ITC (All Things Chain). As the measure of value transfer in the ecosystem, any value transfer involving the right to use and ownership of smart devices, as well as the value transfer of the content ecology on smart devices, needs to be settled using ITC.

1. Project introduction

ITC is a secure IoT device operating system that uses DAG's next-generation distributed ledger technology. It can provide a basic secure edge computing framework for the IoT world and create low-cost, high-security solutions.

Security ITC aims to solve the current serious security problems of the Internet of Things. ITC combines asymmetric encryption of cryptography, semi-homomorphic encryption ciphertext computing technology and a distributed architecture without a data center. Thus, ITC not only protects users' devices from hackers, but also ensures their control. It also defends the data security sovereignty and privacy security of users and their devices. For example, the data of smart devices such as cameras can only be checked by the user himself. The architecture of an efficient ITC can well meet the highly concurrent environment of the Internet of Things, that is, all links are interrelated.

The main chain adopts the PBFT consensus strategy. By combining the point-to-point communication network of the DAG subnet and the simple verification technology of the Merkel data structure, the main network can simultaneously satisfy 100,000 concurrent requests. Due to the distributed DAG subnetwork, the entire network can achieve better concurrency. It can be shared that in the case of the big data revolution changing the commercial industry, ITC first proposed the idea that data attributes belong to users, and provided technical protection for this. Non-circulating data is worthless.

ITC has applied zero-knowledge proofs, BloomFilter, Hyperloglog and other probabilistic models to provide data analysis access for smart contracts. In this way, companies can submit smart contracts that pay users tokens based on their data contributions in order to use their data for machine learning.

Application scenario

Through blockchain technology, ITC will cut into various application scenarios in life in the future, including but not limited to sharing economy, new energy, AI computing, smart city, smart home appliances, industrial Internet of things, etc., to solve various industries The traditional Internet of Things is based on the threat of security and privacy caused by centralized design, as well as high operation and maintenance costs.

Two. Comment

ITC is a blockchain-based secure Internet of Things light operating system, designed to solve the serious security problems of the Internet of Things, meet the highly concurrent use scenarios of the Internet of Things, and realize the interconnection of all things.

ITC uses DAG's next-generation distributed ledger technology; it can run on Raspberry Pi-level low-performance IoT devices; it can provide a basic secure edge computing framework for the IoT world and create low-cost, high-security solutions .

Related Links:

https://iotchain.io/

https://iotchain.io/pdf/ITCWHITEPAPER.pdf

https://info.binance.com/cn/currencies/iot-chain

http://www.ccimicro.com/hqfx/qitajiaoyisuo/1163.html