CPChain vs IoT Chain vs IOTA
What problem does this service solve?
CPChain hopes to use blockchain to create an IoT data platform that will reduce connectivity costs, protect data privacy, and enable the exchange of IoT data. | IoT Chain aims to use blockchain and other decentralized technologies to connect IoT devices. | IOTA is building a decentralized infrastructure for the Internet of Things. IOTA will allow transactions to occur between all devices that are connected to the internet. |
Token Stats
Company Description
CPChain, which stands for Cyber Physical Chain, is developing a decentralized IoT infrastructure. Their goal is to build a blockchain-based data platform for IoT systems that will use distributed storage, encryption, and decentralized exchanges of value to better connect devices. CPChain will enable IoT-connected devices to connect with each other, and will serve as a decentralized marketplace for IoT related data. Their platform will have a parallel distributed architecture, a hybrid two-layer consensus mechanism, and a side chain consensus protocol. Their network is currently powered by the Ethereum-based CPC token. | IoT Chain is developing a blockchain-based network to connect devices in the Internet of Things. Their goal is to increase stability and speed, and give data owners more control. IoT Chain's network is powered by the Ethereum-based ITC token. | IOTA was specifically designed to manage transactions for the rapidly growing network of devices that are connected to the internet. Instead of focusing on peer-to-peer transaction, IOTA aims to create the underlying infrastructure that will allow self-regulating transactions to occur between machines (watches, refrigerators, TVs, cars, etc.) on the Internet of Things. |