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Author Topic: 🌟 [ANN][REAP] ReapChain - Secure and Transparent Blockchain-Based IoT Ecosystem  (Read 10267 times)
4LivSan1
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August 19, 2020, 01:23:28 PM
 #201

As I read, ReapChain is a Blockchain as a service (BaaS) and it consists of Reap SDK for connecting and authenticating devices, ReapMiddleChain, ReapChain for data processing and storage and Reap Platform for operating and managing all services.
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Jacob_Y
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August 20, 2020, 01:38:07 PM
 #202

So ReapChain uses blockchain technology in IoT schere. What information exactly is stored on the Blockchain? I'm sure it will be interesting to know not only for me Wink
Vital_Z
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August 20, 2020, 02:29:29 PM
 #203

Participants in the ReapChain ecosystem are:
 
1) IoT service users
2) IoT device manufacturers who may utilize and adopt the ReapChain BaaS
3) Entrepreneurs such as individuals, companies, government and public institutions who want to develop the IoTbased system
4) Companies which purchase the IoT-based data to process, analyze and utilize
IoT device manufacturers - they are manufacturers which provide IoT devices such as sensors and drivers with OS and softwares
IoT Entrepreneur - service providers which support easy creation and execution of various applications. They develop applications and provide network services, which support the deployment of IoT based application software.
Data Research companies - they are companies that process, analyze and utilize data collected from various IoT devices Wink
reap_chain
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August 20, 2020, 03:40:12 PM
 #204

How to create REAP Wallet — “Import Wallet”

Run the downloaded REAP Wallet to complete the wallet creation step.



STEP 1. Click the “Import Wallet” button.

STEP 2. Add your wallet by uploading your private key and your password or key-store.

STEP 3. Enter the PIN number to be used for secondary security.

STEP 4. On the main screen, check the wallet address and the amount of possession.
adAmgene
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August 21, 2020, 01:45:52 PM
 #205

As the speed of wired and wireless networks such as gigabit Internet and 5G mobile communication is rapidly improving, related technologies are also rapidly developing. The Internet of Things (IoT) is one such technology that is developing along with the wireless Internet. Devices are connected to each other to exchange data and provide optimal services based on this. Self-driving cars, smart homes, and smart cities can also be implemented due to the development of IoT devices.
4LivSan1
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August 21, 2020, 01:48:39 PM
 #206

As the speed of wired and wireless networks such as gigabit Internet and 5G mobile communication is rapidly improving, related technologies are also rapidly developing. The Internet of Things (IoT) is one such technology that is developing along with the wireless Internet. Devices are connected to each other to exchange data and provide optimal services based on this. Self-driving cars, smart homes, and smart cities can also be implemented due to the development of IoT devices.
Yea and security emerges with enhanced device connectivity. If even one connected device is allowed to intrude from the outside, the whole system may be exposed to threats, and there is a possibility that personal information and important data are naturally leaked or altered and used in crime. Therefore, several IoT-related companies are working to ensure data confidentiality and stability.
reap_chain
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August 21, 2020, 03:52:32 PM
 #207

For me the niche of IoT is very interesting and a little bit unusual to see blockchain project in this sphere. So how ReapChain can ​​change the future of IoT?
IoT is a technology in which literally all things connected to the Internet are controlled, and IoT is a field that needs to process massive data (MassData) and response to real-time processing results.

When ReapChain ​​is applied to IoT devices, mass data processing is possible through the worm storage of Reap Middle Chain, and real-time response of real-time processing results, which the existing blockchain could not do, can be responded in real-time through a three-party agreement on a cell unit of Reap Middle Chain.

The security issues of IoT devices can be assigned a unique private key to each device through ReapChain’s PID MCU, and access rights of devices can be controlled through the blockchain, thus avoiding the risk of external hacking.

ReapChain ​​can bring the effect of reducing maintenance costs by realizing more powerful security and processing of large-capacity data that does not require edge technology through the perfect combination of the IoT industry and blockchain.
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August 21, 2020, 03:59:00 PM
 #208

JONGJIN PARK - Blockchain Engineer



- Graduated from Yonsei University's Electronics Engineering Department
- Experienced in developing application and embadded software for 11 years
- Experienced in developing blockchain platform project for 2 years
nicko122
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August 22, 2020, 01:01:28 PM
 #209

Hybrid Blockchain Conceived for the Speed and Security Required for DApp Development



Blockchain can be largely divided into public (public) and private (private). Public blockchains are characterized by transparency and decentralization, and dedicated blockchains are characterized by high speed. Hybrid blockchain means a combination of these two advantages. But the key is how to design it. ReapChain intended to implement this as a shell-core structure.
bryancruZ
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August 22, 2020, 01:09:32 PM
 #210

CEO Jeong-Han Lee said, “We have been developing dApps (decentralized distributed applications) since 2014. But at the time, there was no mainnet that could actually be used. Processing speed is important for dApps. I thought that processing speed must first be solved in order to be practical.”
Vital_Z
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August 22, 2020, 01:24:43 PM
 #211

CEO Jeong-Han Lee said, “We have been developing dApps (decentralized distributed applications) since 2014. But at the time, there was no mainnet that could actually be used. Processing speed is important for dApps. I thought that processing speed must first be solved in order to be practical.”
A dedicated block chain with high speed is placed outside to process requests (transactions) with the concept of a temporary ledger, and a public blockchain with strong security and decentralization is placed inside and post-processed with the concept of a true ledger. Before being transmitted to the mainnet (middle chain), it has a reliable structure through a three-party agreement, and if you check in advance, it is gathered at the mainnet where blocks are generated every 2 seconds, and the final processing is performed.
By applying the shell-core design, it became possible to have security as well as fast data processing. Safeguards were also put in place to prevent possible collusion in the process of consensus by putting a bona fide force and a monitor together. Based on this technology, ReapChain plans to build an ecosystem by advancing into the Internet of Things, payments, and games that require large-scale data.
reap_chain
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August 22, 2020, 01:37:34 PM
 #212

NAMHO KIM - Blockchain Engineer



- Graduated from Hongik University's Computer Engineering Department
- Participated in SymVerse Blockchain Platform Project
- Project Leader of DMagazine Blockchain Media Platform
- 4 years of IT and Blockchain System
TommyGunnaB
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August 24, 2020, 09:44:11 AM
 #213

ReapChain is focusing on the security market of IoT devices now. However, a number of security technologies are being discussed in this market. Quantum random numbers and object variance are one of them. CEO Lee Jeong Han says that even with such a technology, permission to access the device is fundamentally important. It was emphasized that ReapChain creates conditions for permission to devices through an asymmetric encryption method.
reap_chain
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August 24, 2020, 10:56:43 AM
 #214

Explore REAP Wallet

Main Screen



When you finish creating your wallet, you will be taken to the main screen.

On the main screen, you can check the address of your wallet and the amount of tokens you have, such as ETH or REAP.
Crypto_Robert
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August 24, 2020, 11:24:16 AM
 #215

Introduction of the ReapChain structure can prevent the problem of external intrusion. For example it is advantageous to manipulate the amount of power generated by solar power to obtain abnormal gains or to protect bank databases.
4LivSan1
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August 24, 2020, 12:18:15 PM
 #216

ReapChain's middle chain is said to be designed to provide services suitable for various industrial environments. The mainnet that processes the data finally becomes the final window to process the data in this middle chain. For this reason, ReapChain calls it Reap BaaS - "Blockchain as a Service". It is an expression of the platform structure, but it is because it is a service type that has several different middle chains for each industry.
reap_chain
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August 24, 2020, 01:39:44 PM
 #217

In REAP Wallet (ver. App) I can see QR code on the screen, but don't fully understand what I need to do with that, what is it for?
You can see the QR code of your wallet on the main screen.



You can copy and paste my wallet address by clicking the “Copy Address” button, and click “Save QR” to save the QR code photo.

You can check the transmission history by clicking “View History” to access EtherScan.
gob7i9ne
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August 25, 2020, 12:38:43 PM
 #218

As I understand it, the main goal of the project is to solve the existing problems of the Internet of Things. They are mainly attributed to the problem of protection and speed. How does your project solves these issues?
Jacob_Y
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August 25, 2020, 01:01:17 PM
 #219

The blockchain mainnet is also one of ReapChain's business structures. It will provide a stable mainnet, so you will be charged a fee for it. It is said that it was planned as a commercial from the beginning, not a mainnet for showing off technology. In addition to this, data will be given ownership through the middle chain to industries included in the ecosystem. It is interpreted as the idea that the reward for the use of data will be distributed evenly to the ecosystem.
reap_chain
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August 25, 2020, 01:31:41 PM
 #220

JOOYEON JUNG - Blockchain Engineer



- Graduated from the Department of Electronic Computing, Dong Seoul University
- Derivative (domestic/overseas futures, FX margin) sales system establishment and operation
- 19 years of experience in building and operating cryptocurrency exchange systems
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