Tx 8a12b6a2f6af9b79925748b8349a6d57e383f2a0@27509621

Included in block 27,509,621 at 2018-11-08 03:58:30 (UTC)


Raw transaction

ref_block_num50,019
ref_block_prefix3,784,509,238
expiration2018-11-08 04:08:24
operations
0.
0.comment
1.
parent_author""
parent_permlinkesteem
authorflorae
permlinkionchain-a-revoluntonary-infrastructure-of-internet-of-things-via-blockchain-and-edge-computing-technology-aab7cc85f6f06est
title"IONCHAIN; A revoluntonary infrastructure of Internet of Things Via Blockchain and edge computing technology"
body"@@ -11731,16 +11731,5217 @@
tainable
+.%0A%0A## IONChain Value Creation Processes %0AThe creation of value on the IONChain Involces four unique processes. %0A* Value Generation %0A* Value Verification %0A* Value Evaluation %0A* Value Confirmation %0A### Value Generation%0AValue is generated is the first step and this value generation process is carried out using smart devices. Value is this case is generated using edge computing via smart devices that are connected to the IONChain network which also serve as a mining machine to mine the unique IONC tokens. A customized IMQTT protocol is used to aid in the efficiency of this process by enabling IOT devices to exchange data efficiently and also transfer value amongst themselves. Also, the Blockchain technology adopted will help in the security and authentication of this value transferred through the IONC token. Value generated is processed at the %E2%80%9CEdge Computing Centers%E2%80%9D and then move forward to the next (Value Verification) stage of value creation on the IONChain network. %5BSource%5D(https://www.ionchain.org/pdfjs/web/viewer_EN.html)%0A___%0A%0A## Value Verification%0AA test of value of the data generated and shared with the network is carried out as other devices verify the authenticity and real value of the data. This process is done through the use of Blockchain technology in a totally decentralized method. Data is required to be accurately verified in this stage before it can move on to the next stage of value creation on the IONChain. %5BSource%5D(https://www.ionchain.org/pdfjs/web/viewer_EN.html)%0A___%0A## Value Evaluation %0ADouble spending is the key reason for value evaluation. Here the value of the data is evaluated and a conclusion is drawn by all parties involved if the value is valid or invalid before it can proceed to the next stage of value creation on the IONChain. %5BSource%5D(https://www.ionchain.org/pdfjs/web/viewer_EN.html)%0A___%0A## Value Confirmation%0AThis is the stage where the overall process are checked an confirmed to be authentic before transferring the verified value to the value transfer department in order to covert the value generated to the IONChain local currency, the IONC token . %5BSource%5D(https://www.ionchain.org/pdfjs/web/viewer_EN.html)%0A%0A## Value transfer on the IONChain Ecosystem%0A %0AThe Value transfer process is divided into six unique parts.%0A%0A* %5BApplication layer%5D(%5BSource%5D(https://www.ionchain.org/pdfjs/web/viewer_EN.html))%0AThe Application layer is the user interface of the IONChain ecosystem that lets users interact and also adopts the REST API interfaces that is affiliated with the HTTP protocol. Data Query, Wallet Query, Device Registration, Vendor Query etc are built-in services that would be made available at the initial stages of the system development. %5BSource%5D(https://www.ionchain.org/pdfjs/web/viewer_EN.html)%0A%0A* Service layer%0AThis is the key element in the management of internal components of the IONChain ecosystem, made only available for these internal components, which helps the system to run efficiently via a binary-based GPRC protocol.%5BSource%5D(https://www.ionchain.org/pdfjs/web/viewer_EN.html) %0A%0A* Protocol layer%0AThis is the stage where IONChain makes available a unified access protocol to enable global compatibility of devices and also serve as a standardized protocol for third party applications. %0A%5BSource%5D(https://www.ionchain.org/pdfjs/web/viewer_EN.html)%0A* Smart contract layer%0AThis is where smart contract issues are handled. This layer serve as a link between Blockchain and applications and helps in the security and a the authenticity in the value and use of data on the Blockchain.%5BSource%5D(https://www.ionchain.org/pdfjs/web/viewer_EN.html)%0A%0A* Blockchain layer%0AThis is the integral layer of the IONChain ecosystem. A functional customized algorithm ( IPOS) which is an upgrade of POS and POW algorithm, is developed for the efficient working of this layer of value transfer. had to be formed for operation in the blockchain layer. %5BSource%5D(https://www.ionchain.org/pdfjs/web/viewer_EN.html)%0A%0A* Data storage layer%0AIPFS and BigChainDB are the two ways used utilized in data storage in the IONChain ecosystem. This is achieved by the storing data on multiple devices, meanwhile the storage process and transaction processes of data are different.%5BSource%5D(https://www.ionchain.org/pdfjs/web/viewer_EN.html)%0A%0A%0A## Token distribution%0A!%5B6CD2041B-0946-485A-88E2-FD17DB07784C.png%5D(https://cdn.steemitimages.com/DQmP6RkcZantVuYDF5png4BuQEsvMGTRjgbe9TwRcHEpE4j/6CD2041B-0946-485A-88E2-FD17DB07784C.png)%0A%0A%0A%0A%0A%0A%0A%0A%0A%0A%0A%0A%0A%0A## Roadmap%0A!%5B93FE9631-EC46-4300-A409-41B3B4DCD0B4.png%5D(https://cdn.steemitimages.com/DQmbb2atAyAUvrhMTdRhwCvStzJptsRn5Hci2QuCZCdwGxi/93FE9631-EC46-4300-A409-41B3B4DCD0B4.png)%0A%0A%0A%0A%0A%0A%0A%0A%0A%0A## The team%0A!%5BF9DF4675-6660-4CFF-A478-98590B14244C.png%5D(https://cdn.steemitimages.com/DQmZfacd6sejTBSoX8vD9tsXt3x45fi6eJafkt4imvFuKvY/F9DF4675-6660-4CFF-A478-98590B14244C.png)%0A!%5B7D6A6741-3856-4F08-8881-A20495B91652.png%5D(https://cdn.steemitimages.com/DQmRNSoKbYPwR4aUrCynDu5vk9gY4rhjd3cJQgbPSQNzdPo/7D6A6741-3856-4F08-8881-A20495B91652.png)%0A%0A%0A%0A%0A%0A%0A## Consultants%0A!%5B6705D37F-B98F-4C10-90CA-DABAA72D0149.png%5D(https://cdn.steemitimages.com/DQmSTaZ4NtyE2Zx8LVzgmCNp8e4Bk71uP9a7speunXiwrz3/6705D37F-B98F-4C10-90CA-DABAA72D0149.png)%0A%0A
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transaction_id8a12b6a2f6af9b79925748b8349a6d57e383f2a0
block_num27,509,621
transaction_num0