Suppliers Singapore IoT Chain

	IoT Chain
HQ Location	Singapore
Year Founded	2017
Company Type	Private
Revenue	< $10m
Employees	11 - 50
Website	Open website

IoT Chain

HQ Location

Singapore

Year Founded

2017

Company Type

Private

Revenue

< $10m

Employees

11 - 50

Website

Open website

Company Description	IoT Chain is an IoT Startup in Singapore that works on providing secure, lite OS for the Internet of Things. IoT Chain is working on solving current IoT Security and safety issues using distributed ledger technology. Using a hybrid approach of Blockchain, Practical Byzantine Fault Tolerance (PBFT) Consensus, and blockless Directed Acyclic Graph (DAG) architecture, ITC is able to create a decentralized IoT network with unparalleled speed and security that allows users to control and monetize their data. Read More
IoT Solutions	The decentralized nature of our network ensures customer information remains secure, while at the same time they can choose to provide their data, abstracted or not, to third parties who want it. This ensures their privacy is protected while allowing a data marketplace to emerge. Businesses can obtain the data they need but the customers are always in control of their data. Their architecture can be divided into two parts. The first is the distributed Blockchain network which provides efficient and secure transmission of value. The second is the hardware client chip. The hardware chip uses a mature IoT communication technology and provides each device with a unique ID. This ID is similar to that of a Bitcoin address, combined with public and Private Key technology to ensure security and safety. They will be working directly with chip manufacturers to create this hardware. Smart device companies will simply use this existing chip solution to connect their product to the IoT Chain network. Read More Log in to view content
Contents

Company Description

IoT Chain is an IoT Startup in Singapore that works on providing secure, lite OS for the Internet of Things. IoT Chain is working on solving current IoT Security and safety issues using distributed ledger technology. Using a hybrid approach of Blockchain, Practical Byzantine Fault Tolerance (PBFT) Consensus, and blockless Directed Acyclic Graph (DAG) architecture, ITC is able to create a decentralized IoT network with unparalleled speed and security that allows users to control and monetize their data.

IoT Solutions

The decentralized nature of our network ensures customer information remains secure, while at the same time they can choose to provide their data, abstracted or not, to third parties who want it. This ensures their privacy is protected while allowing a data marketplace to emerge. Businesses can obtain the data they need but the customers are always in control of their data.

Their architecture can be divided into two parts. The first is the distributed Blockchain network which provides efficient and secure transmission of value. The second is the hardware client chip. The hardware chip uses a mature IoT communication technology and provides each device with a unique ID. This ID is similar to that of a Bitcoin address, combined with public and Private Key technology to ensure security and safety. They will be working directly with chip manufacturers to create this hardware. Smart device companies will simply use this existing chip solution to connect their product to the IoT Chain network.

IoT Chain is a provider of Industrial IoT application infrastructure and middleware technologies, and also active in the electrical grids, finance and insurance, and healthcare and hospitals industries.

Technologies

Application Infrastructure & Middleware

Blockchain

Use Cases

Vehicle Telematics

Industries

Electrical Grids

Finance & Insurance

Healthcare & Hospitals

IoT Chain’s Technology Stack maps IoT Chain’s participation in the application infrastructure and middleware IoT technology stack.

Application Layer
Functional Applications

Cloud Layer
Platform as a Service

Infrastructure as a Service

Edge Layer
Automation & Control

Processors & Edge Intelligence

Actuators

Sensors

Devices Layer
Robots

Drones

Wearables

Supporting Technologies
Analytics & Modeling

Application Infrastructure & Middleware

Cybersecurity & Privacy

Networks & Connectivity

Technological Capability

None

Minor

Moderate

Strong

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Overview

IoT Chain

IoT Snapshot

Technology Stack

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