IOTW : A cryptocurrency for IOT purchase, supply chain and after-sales services transactions


IOTW A cryptographic company with specific characteristics with many and current transaction encryption market that dominates the market earlier this year Partnership IOTW will be a big success in the future IOTW. Trading in the world of cryptocurrency was inevitable to fluctuate currency dollar and rise and fall of coin exchange, but this is a natural feeling of crypto trading company.In addition, the company can protect system from investment I do not have the original idea of, but of course this is a catastrophe that will be fatal by the destruction of the company. A distributed investment fund on the block chain platform for investors around the world is an effective philosophy provided by this platform. The vision and mission of the concept of mutual benefit between project owner and token owner This year, competitors from many companies acting or trading in so many markets in the world of encryption are more unique It should have functionality and creativity and it could be one of the successes that the crypto trading community can achieve.

Let’s face a simple fact; blockchain solutions that exist today are struggling to implement the technology with internet connected devices, period. Most existing blockchain platforms that have a significant reliance on the reliance of Proof of Work (PoW) and Proof of Stake (PoS) algorithms share a common problem; they are heavy weight and require large memory space.

Amongst millions of Internet-connected devices out there, when they connect and share data on these platforms, the data is not adequately utilized. First IOT devices require micro-transaction, which existing PoW solutions cannot provide. Second, most IoT devices only have limited computational power so they normally cannot run on traditional blockchain software that consumes a vast amount of power.

How IOTW Anapp Blockchain Technology For IoT Devices Works
The platform’s blockchain is on an open Software Development Kit (SDK). This ensures that any smart device that is connected can easily load the platform’s blockchain software application and thereby be a part of the ecosystem. It supports the participation of everyone in the whole world by allowing daily micro mining activities on its network by use of simple IOT machines.

The platform has invented a digital power system chip (DPS chips) to make the traditional power systems input in electrical appliances simple. The DPS chips are created to be cheap, energy efficient, more programmable, easy to handle and more IOTW enabled. The platform will then load its blockchain application into the DPS chips so that any electrical appliance that has the DPS chips automatically joins the ecosystem.

The DPS chips will ensure manufacturers and consumers realize crypto economic benefits since the chips create smart IOT devices that can call up for services like the change of spare parts whenever it is needed.

TOKEN (IOTW)


Why IOTW?

IOTW is the ICO that is poised to streamline the way blockchain technology is applied to IOT. Built by the stellar team at AnApp Blockchain Technologies limited, IOTW (IOT World) is an innovative blockchain solution that combines “Proof of Assignment” and “micro-mining” protocols to accelerate the implementation of blockchain applications on IOT devices.

Think of IOTW as a blockchain-based data economy that enables micro-transactions between machines, IOT devices, and service & parts providers.

IOTW is trying to bring blockchain to IOT to make our lives easier. The revolutionary Proof of Assignment (PoA) and micro-mining algorithms do not require high computational power, which means a very little amount of electricity is consumed when mining. With Proof of Assignment, it is now possible to conduct “green mining” in a socially and environmentally responsible way.

In addition, the patented algorithms are highly secure and memory light with near zero add-on costs.  IOT devices that adopt IOTW blockchain will be able to enjoy instant transactions at low fees along with cutting energy costs.

And the best part is IOTW blockchain software will be free to download for all IOT devices.

IOTW Token & ICO Details

The platform’s IOTW tokens are issued during the company’s Initial Coin Offering. The tokens can be used for payment of services. This means that as IOT devices automatically post their needs on the network the service provider like repair shops will be paid by use of the tokens. The service providers can either choose to use the tokens earned for buying other goods on the platform or exchange them into other cryptocurrencies.

Parameters Of The ICO


  • Token symbol: IOTW
  • Token sale date: Apr-Aug 2018
  • Accepted payment method: ETH
  • Total token supply: 5,000,000,000
  • Hard cap: 45,000,000 USD

The tokens can also be used for payment of services and goods that manufacturers have posted on the online trading system that the platform offers. The platforms would also sell useful data on the customer behavior all over the world for the purposes of city planning, commercial advertising and the analysis of energy consumption. Payment for such data will be in IOTW tokens.

TEAM  



For more information, please visit links below :


Author : Sd_angeL
ETH Address : 0x789B68bEac517F49c46039363C36c41942Fb1C8F

Komentar

  1. Casinos That Pay out in Cash | Lucky Club
    There are some casinos that have all of these cash bonuses. Some of these luckyclub are available on popular slots. · Slots.lv · Casino.lv.

    BalasHapus

Posting Komentar

Postingan populer dari blog ini

FTEC.IO

CRYPTASSIST

Community Token (COM) - Didorong oleh Komunitas