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.
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