IOTA Blockchain of China??

[alexcopper]

Has anyone heard of ITC? I stumbled upon them in a facebook group and decided to look into it. Based on their site, this is the problem they're trying to solve (as quoted from their site):

"ITC is designed to solve the severe safety problems of present IoT. ITC applies a combination of asymmetric encryption of cryptography, semi-homomorphic-encryption ciphertext computing technology and distributed architecture without data center. Therefore, ITC can not only protect the users' devices from being attacked by hackers, ensuring its controlling right safety; but also defend users and their devices' data safety sovereignty and privacy security. For example, the data of intelligent device, such as the camera, can only be checked by users themselves."

IMO this is a very interesting project in terms of the tech and concept. I recommend looking into the tech as they go into great detail about it on their site (https://iotchain.io/) and whitepaper: https://iotchain.io/pdf/web/ITCWHITEPAPER.pdf

[Phalo]

No I have never heard of ITC... Your post is confusing me. You speak of ITC and IOT? Which is which?

[akeegan]

No I have never heard of ITC... Your post is confusing me. You speak of ITC and IOT? Which is which?

I've heard of ITC. ITC is what they're called and I believe IoT chain is their blockchain tech. What they're looking to do is solve the security problems of IoT (internet of things) like botnet attacks. Confusing I know, but I already looked into it and I am ready to go. Once you understand it, you can truly understand how this is going to change the game.

If you're still confused, join their telegram group: https://t.me/IoTChain

[akeegan]

Just went on their telegram group and found this FAQ: https://docs.google.com/document/d/1UUQFGav30bdT1nwlBbb4bEsnqkAMVWAr2N1fV_Nh9jY/edit#

Think this should answer all of your questions.

[jdarren]

I remember when ITC had their sale. Wish I could have grabbed some but didn't do it in time 

The project itself is pretty genius. Lots of tech that went into it and I really hope they hit bigger exchanges.

[bornforfreedom]

so a better IOTA? I'm in 

other than that, I see the trajectory they're headed in and it's pretty good. glad that they solve the problems of IoT because i think that's what holds people back from really getting into the tech around IoT.

[ngovanngoc]

I have never heard of ITC!

[bornforfreedom]

I have never heard of ITC!

They're up and coming for sure. Only on 3 exchanges right now but they 3x these past few months. https://coinmarketcap.com/currencies/iot-chain/

[Ccexicocartel]

Anything like IOTA but better, I'm in on. They started way below $1 and now they're at $1.80. https://coinmarketcap.com/currencies/iot-chain/

Crazy stuff ahead.

[tree1100hn]

This is a token of China's Internet of Things project, which is actually a type of competition with IOTA. However, for the moment ITC's attention is significantly lower than that of IOTA, and in the latter period it has topped the list of digital currencies! Sounds like a crazy move, and IOTA recently did not collaborate with companies such as Microsoft on the rumor but also stated that there was a big loophole. Concerned people can learn about the news!

[IfixTchenTchen]

I have never heard of ITC. But I love to discover coins I have never heard about, if most of the other people didn 't discover it either. perhaps we are early birds having discovered a new gem which will shine in future.

[Stavri]

Maybe it is correct but you shoul check HDAC instead of IOTA project. HDAC will be more successful than IOTA. And also its investors are going to be satisfied because of south korean pumps  They are crazy on p&d things 

[GratefulDeadhead]

I really like the look of this project. It seems to be pretty big in China already which is how they have reached the top 150 on CoinMarketCap within only a few weeks of the ICO. But it really hasn't hit the Western media at all yet. I've barely even seen it mentioned on this forum. I made an investment a few days ago and I'm confident that I've finally found a hidden gem just before it hits the big time!

[coin5haker]

Why every successful idea needs to be copied by Chinese?? Chinese ETH, bitcoin, now Iota. Why we need this copy of a copy and all those forks??

[delpiero10]

There is another topic about IoT: https://bitcointalk.org/index.php?topic=2612309

[FlorentineNobleman]

Check this, I called it at $1.2:

https://steemit.com/cryptocurrency/@dawidrams/my-top-undervalued-coin-that-is-still-undervalued-but-has-a-potential-of-iota

Still way way to go

[Psynthax]

Anything like IOTA but better, I'm in on. They started way below $1 and now they're at $1.80. https://coinmarketcap.com/currencies/iot-chain/

Crazy stuff ahead.

IOTA is never related to the blockchain development because that was using DAG system just like what already used by raiblocks or byteball too. IoT just like what will be doing by hdac platform which tries to make first IoT contract and payment system. But i have no idea about what itc is.

[panduryk]

Anything like IOTA but better, I'm in on. They started way below $1 and now they're at $1.80. https://coinmarketcap.com/currencies/iot-chain/

Crazy stuff ahead.

IOTA is never related to the blockchain development because that was using DAG system just like what already used by raiblocks or byteball too. IoT just like what will be doing by hdac platform which tries to make first IoT contract and payment system. But i have no idea about what itc is.

IF IOTA use DAG system im know one more coin who used it,its DAGcoin.
And I think that this coin is quite promising and worth paying attention to buy it while it costs 1$.
It goes to the stock exchanges in January, and there will already be a concrete increase in the rate.
At the moment there is an internal exchange

[denysrodman]

The bulls have successfully held on to the lower end of the range at $3.032 for the past few days. However, they have not been able to push the cryptocurrency higher. Today, the IOTA/USD pair is again under a bear attack, which is threatening to break below the critical support. If the bears succeed, the cryptocurrency will fall to the 61.8 percent Fibonacci retracement level of $2.62196. Yet, if the bulls manage to hold the supports once again today, IOTA will continue to trade inside the range. We shall initiate buy positions only on a breakout and close above the downtrend line. Until then, we shall remain on the sidelines

[desteemy]

There is still plenty of room to growths. Thanks for opening my eyes on IoT coin, which has better potential than IOTA. I'm going to buy some!