The era we are in is the era when new technologies lead social change. In the era of information Internet, people's collaboration and communication have broken through the limitations of time and space, and the world has become an overall interactive platform.
At present, the information age has entered an unprecedented stage of development, and the Internet can achieve “the connection of thingsâ€. This stage is called the third wave of the development of the world information industry after the computer and the Internet: the Internet of Things era.
The Internet Of Things, as the name suggests, is everything connected to the Internet. Internet of Things technology is a network concept that extends and extends its client-side to any item and item for information exchange and communication based on Internet technology.
With the development of technology, security vulnerabilities of IoT devices continue, the cost of rigid architecture is high, data privacy cannot be protected, data value and business model, communication compatibility and other aspects. Let the centralized architecture of the IoT system usher in more and more challenges. The blockchain will have an important impact on the Internet of Things by virtue of its peer-to-peer, open and transparent, secure communication, difficult to tamper and multi-party consensus: multi-center, The weak centralization will reduce the high operation and maintenance cost of the centralized architecture; the characteristics of information encryption and secure communication will help protect privacy, identity rights management and multi-party consensus will help identify illegal nodes and prevent malicious nodes from being connected in time. Involvement and evil, relying on the chain structure helps to build evidence-proof traceable electronic evidence; the characteristics of distributed architecture and subject equivalence help to break the existing information islands of the Internet of Things and promote horizontal information. Mobile and multi-party collaboration.
The lotus chain is led by the TIOT Foundation team of the Vietnam Blockchain Research Institute. It aims to help the IoT scenario of the lack of a centralized trust system in the original life work through blockchain technology, and freely build a decentralized business model to solve The contradiction between trust between people, business entities, objects, data, etc. in society reduces the cost of equipment interconnection. Effectively protect data privacy. Achieve data value transfer. Create a new business model.
TIOT Chain is an architecture that combines the Internet of Things and blockchain, including a distributed operating system and an open backbone, as well as sidechains for different applications. The important issue to be addressed by TIOT Chain is the credible interoperability and paid interoperability issues between IoT devices in different systems. Because the current Internet of Things is a fragmented and closed system.
TIOT is committed to solving the performance limitation problem of the existing blockchain. It uses parallel expansion technology to separate the main chain and sub-chain services through the "chain + sub-chain" multi-chain parallel operation mechanism to meet the requirements of tens of millions of TPS. . For organizations, data confidentiality and security are extremely important, and the open and transparent nature of the blockchain has caused institutional concerns. Through data isolation and cross-chain auditing, TIOT ensures the confidentiality and security of the business data of the sub-chain, and solves the problem of balance between data transparency and business secrecy.
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