Wednesday, April 24, 2024
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The World gets First IoT Public Blockchain

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SDChain Alliance launches world’s first public blockchain that has truly adopted the blockchain to ensure the reliability of the Internet of Things (IoT). This has converged the IoT and the blockchain into a decentralised ecosystem.

The convergence will enable various industries to establish an efficient, low-cost IoT data exchange platform to give the data more commercial value, according to their own individual needs. It will truly create high-value digital assets. At the same time, it can greatly enhance the commercial value of the IoT application itself.

The launch of SDChain’s public chain will inject a new trend into the blockchain industry, leading the industry to truly focus on its application and ecological development to help the real economy.

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David Pan, CEO of SDChain Alliance, said, “We are grateful to the support from the SDChain community and the engineering team for helping to get the SDChain’s public chain online earlier than anticipated, and for contributing to the rebuilding of the IoT business model.”

Richard Zhou, head of SDChain Alliance Canada, also said, “The early launch of the beta chain provides the underlying technical support for the establishment of a series of potential ecosystems for potential SDChain customers during the ongoing collaborations. The international standards of the convergence of IoT and blockchain can also be applied to the field of financial technology.”

With this, the relevant partners and the community of developers interested in the six domain chains could experience world’s first public blockchain that implements the ISO/IEC IoT reference architecture international standard.

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