Thingschain (TIC)

ThingsChain is a next-generation platform for IoT devices based on blockchain technology. It uses a multilayered architecture which provides a solution to the issues faced by current blockchains like lack of scalability and low transaction throughput rate. IoT devices are becoming increasingly more important in our digitized society. It is estimated that there will be 20 billion connected IoT devices in the world by 2023. Despite their growing prominence, IoT devices are hindered by the issues of lack of interoperability, poor security, and increased centralization. Blockchains are a possible solution to these problems, but current blockchain designs are not suited for application in IoT. Our team has designed a solution which attacks these problems of interoperability and scalability by creating a new multi-layered blockchain architecture specifically for IoT application. ThingsChain is a multi-layered blockchain which solves the problem of scalability and low transaction throughput faced by current blockchains. The protocol design uses a multi-layer architecture with cross chain communication and added security protocols to ensure the safety of IoT data on the blockchain.
Rank 860
Price $0.0000
Market Capitalization $459 728
24 Hours Volume $7 251
Available Supply 11 445 000 000 TIC
Total Supply 26 000 000 000 TIC
Change (1 Hour) 8.44%
Change (24 Hours) 6.06%
Change (7 Days) -16.03%
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December 16th, 2018

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December 15th, 2018

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December 15th, 2018

Coinbase launched its new 12 Days of Coinbase initiative and is already publishing new features and services every day at midday from 10th to 21st December.

December 15th, 2018

Paypal, an online payment system platform has mostly avoided Bitcoin implementation till now. But, recently it has rolled out an internal employee incentive program that is based on Blockchain technology.

December 14th, 2018

TransferGo announces that they have successfully completed their Series B funding as scheduled. The latest funding includes $830,000 in equity crowdfunding through Seedrs.

December 14th, 2018

The traditional banking system has ‘fleeced’ their unsuspecting customers through hidden charges on most services. Robinhood has intervened to salvage the deteriorating situation.

December 14th, 2018

The second-largest stock exchange in Germany Boerse Stuttgart is working on the development of a new crypto trading platform.

December 14th, 2018

Good news for blockchain token projects concerning their ability to bypass U.S. securities registration requirements. While before they had to stand in the queue to fill out all the documents, now they can obtain so-called no-action letters from the SEC.

December 14th, 2018

With a view to support the most talented teams in different corners of the world, Binance will expand its incubation programs to 5 new cities.

December 14th, 2018

According to cryptocurrency bull Tom Lee, Bitcoin is underestimated, and its fair price should be about $10,000 above where it is trading now.