CanonChain will be triggered from the protocol layer and the chipset layer of data communications to provide a robust foundation for the entire blockchain industry. CanonChain drives current Internet of Things (IoT) to the era of Fog of Things (FoT). Although various devices in IoT are distributed in different areas, the interaction between them and all the operations are performed through the cloud server. Essentially, IoT is still a centralized architecture with many bottlenecks in large-scale expansion: soaring costs, system congestion, reduced reliability, and server vulnerability. In addition, the devices’ data are also owned by service providers, individual users cannot fully access their own data.

Click to see more

Coin’s Details

  • Market Capitalization

    1 710 601.94

  • Volume 24H

    -4.98%

  • Blockchain

  • Circulating supply

    559 740 025.00

  • Total suplly

    1 618 033 988.00

  • Proof type

  • Algorithm

  • Team Location

  • First announced