1. Introduction
ITC (Everything Chain) is a secure IoT light operating system based on blockchain. The ITC (Everything Chain) solution integrates blockchain technology, asymmetric encryption technology of cryptography, 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 use 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 (Chain of Everything). As a measure of value transfer in the ecosystem, any value transfer involving the right to use and ownership of smart devices, as well as the content ecology on smart devices, needs to be settled by ITC.
2. Project introduction
ITC ITC is a secure IoT device operating system using DAG's next-generation distributed ledger technology, which can provide a basic secure edge computing framework for the IoT world. Create low-cost and 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. Therefore, the 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, data from smart devices such as cameras can only be checked by users themselves. The architecture of efficient ITC can well meet the highly concurrent environment of IoT, that is, all links are interconnected.
The main chain adopts the PBFT consensus strategy. By combining the peer-to-peer communication network of DAG subnets and simple verification techniques of Merkel data structures, the main network can satisfy 100,000 concurrent requests at the same time. Due to the distributed DAG subnet, the entire network can achieve better concurrency. Shareable In the case of the big data revolution changing the business 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 analytics access to smart contracts. In this way, companies can submit smart contracts to pay users tokens based on their data contributions so that users' data can be used for machine learning.
Application Scenarios
ITC Chain of Everything will be applied to various application scenarios in life in the future through blockchain technology, including but not limited to sharing economy, new energy, AI computing, wisdom Cities, smart home appliances, industrial Internet of Things, etc., solve the security and privacy threats caused by the centralized design of traditional Internet of Things in various industries, as well as high operation and maintenance costs.
3. Comments
ITC ITC is a secure IoT light operating system based on blockchain. Concurrent usage scenarios to realize the interconnection of all things.
ITC ITC uses DAG 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, creating a low-cost, high-performance Safe solution.
