Suppliers Singapore IoT Chain
SUPPLIER MANAGED
IoT Chain Logo

IoT Chain

Singapore
2017
Private
< $10m
11 - 50
Open website

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.

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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.

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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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