Hey Crypto Mates! Topic: IoTChain Exclusive Interview with CEO Xie Zhuopeng by BlockchainBrad. This is the Internet of Things Blockchain that is going to change the world starting with lighting things up! How? by being efficient, sharable and secure! This company has REAL WORLD connections and is backed by a highly experienced team!

Info on the CEO: ‘Lero’ or Xie Zhuopeng:

Lero has been engaged in smart hardware field for four years and has profoundly studied blockchain for three years. He has participated in designing smart lighting architecture for several lighting companies at home and abroad. Besides, he has taken part in many designs of smart hardware architecture.

Unpacking the 3 elements:

ITC is designed to solve the severe safety problems of present IoT. ITC applies a combination of asymmetric encryption of cryptography, semi-homomorphic-encryption ciphertext computing technology and distributed architecture without data center. Therefore, ITC can not only protect the users’ devices from being attacked by hackers, ensuring its control. but also defend users and their devices’ data safety sovereignty and privacy security. For example, the data of intelligent device, such as the camera, can only be checked by users themselves.

The architecture of ITC can well satisfy the high-concurrency environment of IoT where everything is interconnected with each other. The main chain has adopted PBFT consensus strategy. Through combination of point-to-point communication network of DAG subnet and simple verification technology of Merkel data structure, the main net can meet the requirment of 100,000 concurrency simultaneously. Because of the distributed DAG subnet, the whole network can reach better concurrency.

Under the circumstance of big-data revolution modifying commercial industry, ITC firstly puts forward the idea that data property belongs to the users and provide technical protection for this. Non-circulation data is valueless. ITC has applied zero-knowledge proof, BloomFilter, Hyperloglog and other probabilistic models to provide data-analysis access to smart contracts. In this way, the companies can submit smart contract to use the users’ data for machine learning by paying tokens for the users according to their data contribution.

Website Link:
https://iotchain.io/#

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The information provided is not to be considered as a recommendation to buy or invest in certain assets or currencies and is provided solely as an educational and information resource to help traders make their own decisions. Past performance is no guarantee of future success.

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DONATION/GIFT DISCLOSURE: After doing this interview, IotChain donated tokens to me. No discussion of set prices were ever discussed, as I don’t ever ask for money to do my interviews. That being said, a donation/gift was offered by the IotChain startup subsequent to doing this interview and I accepted it to continue running this channel.

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39 COMMENTS

  5. So much is lost in translation. I wish I knew mandarin (my apologies if that’s not his native language), it would be nice to hear his expertise and passion explained as it was ment to be heard

  6. The content of your videos is always of such excellent quality, esp in this space of youtube shillers. Thank you so much for taking the time to do the research so that you can ask the really pertinent questions. I've been able to get really clear insight into these companies and understand what their potentials are much easier from these interviews. Keep up the amazing work.

  16. Well done Brad, always enjoying your quality research videos and interviews. As I see you also do not NEO related projects, how about taking a look into Vechain? This project is also very advanced, IoT-related and gaining massive traction in China where they are building a smart city nearby Guizhou. Would like to know your opinion on that one!

  18. Hi Brad, my first comment here, first i wanted to say that you are doing an awsome job, you are one of the few youtubers who is so well prepared for the interviews and it sounds that you have done a lot of research before each interview, very very professional. love your videos! so regarding ITC, there are few roumors on different forums that ITC is by far not that far as it suppose to be or what they are claiming to be. Some people are thinking it even is a scam. what do you think? i mean you are usally doing your research so good so it makes me confident that it can't be a scam 😉 would love to hear you opinion on that?

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