BEIJING, Feb. 20, 2018 (GLOBE NEWSWIRE) -- Once again, Bitcoin ignited the Spring Festival social circle, becoming a hot topic on the table. World's public opinion take "blockchain" this vocabulary quickly heated and spread to the streets. There is no doubt that the blockchain is a highly disruptive technology. Its decentralized, consensus mechanism, and irrevocable traits has solved the problems in many industries such as finance and the Internet of Things. You may have heard a lot, but do you really know what is valuable blockchain?
Since the blockchain was born in 2009, geeks have been devoting themselves to the perfection and exploration of this technology. They are trying their best to apply the blockchain technology to realize the commercial value. However, the technology needs time to mature. At present, the Blockchain technology is not advanced enough to achieve large-scale commercial use case. The massive occurrence of scam coin created bubbles, and led to chaos in the blockchain market. The 99% of bad currency is driving out the 1% of good currency.
However, in the future, the blockchain that can really assume the great responsibility must be a project that can land and has practical application value. INT highlighted in this article is such a blockchain for the real-life Internet of Things project.
We know that the Internet of Things is rapidly evolving. Authorities predict that more than 25 billion nodes will access the network by 2020. However, the current IoT ecology is still a scattered information island with different standards and inefficiencies that have seriously hindered the Internet of Things industry and the advancement of smart earth strategy of Internet of Things.
INT’s mission is to link the global IoT super eco system, and build a blockbuster application platform to promote the ecological evolution of the IoT. INT is committed to making the IoT blockchain into a networking infrastructure like TCP/IP, which solves problems from the most fundamental layer. INT choose one landing scene project with high probability and technology architectures to promote IoT eco-convergence. The existence of INT can relay different IoT and effectively circulate resources, thereby INT will greatly reduce the development difficulty of the application of the blockchain of IoT and accelerate the progress of IoT popularization.
On February 1, 2018, INT also released INTchain, the first public chain of Internet of Things in China, and participated in the establishment of Global IoTchain which initiated by the Chinese Academy of Sciences Institute of Computing, Shanghai Branch director Kong Huawei. Global IoTchain would be the place to link the experts and entrepreneurs in the area of blockchain and IoT, and have intensive collaboration in technology development and business innovation.
Although INT is a technology-focused team in the hearts of many backers and investors, I must insist that only real projects and hardworking teams like "INTs" are truly valuable blockchain projects that can survive in the bubble. In the future, these valuable projects will be an important force to change the industry and society.
The author also hopes that in this fickle blockchain era, more valuable projects such as INT will be able to offer more to the world.
Company: INT FOUNDATION LTD.
Address: 22 North Canal Road #02-00, Singapore
Website: intchain.io
Telegram: https://t.me/INTChainOfficial