CPChain vs IOTA vs Xensor
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. | 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. | Xensor's goal is to create a decentralized market for IoT data. |
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. | 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. | The Xensor token is used to power the Xensor IoT network. It is designed to connect IoT devices and to facilitate the automation these interconnected devices. The Xensor token is Ethereum-based and is designed to enable a market for data for a variety of hardware. |