Vonechain-IoT Efficient Value Transfer

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IoT Efficient Value Transfer Solutions

Vonechain Technology focuses on improving security, circulation, transaction and sharing of IoT data in order to enable access of IoT node in any scales and types through decentralized blockchain technology and break the barrier of data platform. In this value network, IoT device manufacturer, construction party, data owner, data demander can get what they need to form a perfect closed loop of IoT business.

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Pain Point

1

Business Model for IoT Industry still not Established

Huge data resources generated by IoT have not been applied in any large-scale business scenario yet.
2

Lack of Data Security and Privacy Protection

Lack of Data Security and Privacy Protection
3

Lack of Interoperability between Platforms

Centralization of IoT data creates barrier for data sharing and circulation. Thus, real data sharing is just an empty talk.

Plan Advantages

Data Security and Privacy Protection
Exchange and Circulation of IoT Data
Smart Contract Facilitates Sharing Economy
Edge Computing Optimizes IoT User Experience

Data Security and Privacy Protection

IONChain applies decentralized storage methods and brings radical changes to security and privacy of IoT. It has possessed some unique advantages in terms of defending external attacks and surviving from catastrophes compared with traditional centralized network.

Exchange and Circulation of IoT Data

Exchange and Circulation of IoT Data

Smart Contract Facilitates Sharing Economy

Smart Contract Facilitates Sharing Economy

Edge Computing Optimizes IoT User Experience

By utilizing the edge computing technology to refator the topology, it will greatly improve user experience.

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Scheme Structure

According to the system architecture on below, IoT efficient value transfer of Vonechain Technology can be divided into 6 layers, namely application layer, service layer, protocol layer, smart contract layer, blockchain layer and data storage layer.

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