SHENZHEN, China--(BUSINESS WIRE)--Internet of Things (IoT) may be unfamiliar to most people, but all of us have benefited from it, for its applications such as Internet of Vehicles, intelligent health, and smart home, have made drastic differences to our life. However, the future of IoT is threatened by frail connectivity, poor scalability, absent trust, cracked security and a broken business model.
With years of involvement in intelligent hardware and IoT cloud platform, the team of Blockcloud knows the pain points of IoT development. CEO Zhongxing Ming of Blockcloud is leading his team to establish a service-centric IoT blockchain system by combining the advantages of Service-centric Network (SCN) and blockchain. Blockcloud connects users with service providers in IoT, incentivizing all individuals with the capability of servicing to contribute through the Blockcloud economic system, with the aim of building up an ecological IoT system of service sharing and payment gaining.
The core team behind Blockcloud, led by Zhongxing Ming, has made indelible contribution to this epoch-marking technique. The Blockcloud team is composed of international scientists and engineers from China, the United States, Japan, and the Middle East, from top research institutions such as Princeton, Tsinghua University, and Tokyo University, and world-class companies such as Morgan Stanley, BAT, and Huawei.
IoT and blockchain, the two utmost popular new techniques nowadays, are under their way of reaction in Blockcloud. With Service-centric IoT Blockchain Network system, Blockcloud will bring the dawning light to the revolution of IoT and put more IoT scenarios into practice.