Description
IONChain aims to become the underlying particle in the Internet of Things (IoT) ecosystem. Through their IONChain Protocol, IONChain will serve as the link between IoT devices, supporting decentralized peer-to-peer application interaction between devices. The IONChain Foundation is a non-profit foundation operating in Singapore since the beginning of 2018. The foundation funds the IONChain Research Center, whose main task is to research new technological advancements to improve IoT connectedness. IONChain Foundation it is currently developing IONChain, a public blockchain that will be used in combination with IoT technology. IONChain aims to solve a wide range of problems with current IoT networks in terms of data security, data circulation, data sharing, and data transactions, thus enhancing the efficiency of the whole IoT ecosystem.