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IONChain

IONChain

Created using Figma
IONChain Facilitating an Internet of Things Economy
A platform to design and automate transactions between smart devices
  • Market
    Pair
    Price
    Volume 24H
    24H (price)
    24H (volume)
  • Hotbit
    IONC/USDT 5 one year ago
    $ 0.0475
    $ 994.432 K
    0.18%
    25.24%
  • Hotbit
    IONC/ETH 5 one year ago
    $ 0.0481
    $ 581.227 K
    -
    -
  • Coinlim
    IONC/ETH 5 one year ago
    $ 0.0374
    $ 65.98
    -
    -
  • FCoin
    IONC/ETH 6 one year ago
    $ 0.0223
    $ 28.298 K
    -
    -
  • Hotbit
    IONC/BTC 6 one year ago
    $ 0.0101
    $ 20.011 K
    2.83%
    3.10%
To be announced
Additional Details
Categories
Cryptocurrency

About IONChain

IONChain concept
In 1887, the famous Swedish physicist Arrhenius proposed the theory of ionization. He stated that just like molecules and atoms, ions are also the basic particles of matter. Just like ions in physics, IONChain aims to become the underlying particle in the Internet of Things (IoT) ecosystem. Through their IONChain Protocol, IONChain will serve as the link between IoT devices, supporting decentralized peer-to-peer application interaction between devices.

Every device is a mining machine
In the IONChain ecosystem every IoT device that provides valuable data can act as a mining machine. Once connected to the IONChain network, a device will constantly contribute its calculative power via the Ionization Algorithm and in turn, receive IONC tokens as mining reward. IONChain has created a unique consensus algorithm to determine the value contributed by IoT devices. A device’s contribution is jointly determined by the Data Quality Proof Consensus and Time Lapse Proof Consensus. This consensus mechanism will consider a devices' function, data quality and quantity in calculating its contribution. Out of this analysis, the number of IONC token distributed to them as a reward can be determined.

 

IONChain Team

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Liu Tao
Founder
unverified
Li Junjie
Director of Marketing
unverified
Han Handan
Product Director
unverified
Wu Shouhe
Chief architect
unverified
Feng Xiang
technical director
unverified
$ 0.0004
Crypto Stats
Daily, %:
–
Weekly, %:
–
Monthly, %:
–
Market Info
Market Cap:
$ 179.383 K
Volume 24h:
$ 762.22
Circ. Supply:
427.712 M IONC
Ticker:
IONC

Whitepaper
ionchain.org
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