Blockcloud is a service-centric blockchain architecture, which leverages a service-driven communication paradigm to support mobility and scalability. The company designs a new consensus mechanism and en efficient ledger structure to provide trust, security and incentive in a decentralized manner. Finally, Blockcloud developes a service pricing and distribution mechanism that fairly protects the profits of both service providers and users of the network.
Internet of Vehicles (IoV) is an application of IoT within transportation. It includes characteristics of having extremely fast and unstable node changes, direct correlation between personal and property security, and multiple nodes participating in scheduling coordination. The underlying physical network of Blockcloud combines Service-centric Networking (SCN) and Blockchain technology. This enables superior connectivity and mobility, and can provide decentralized trust as well as fair economic incentives. The combination of these factors can be very well adapted to the Internet of Vehicles sector.
Blockcloud provides an open, credible and fair incentive data system for all healthcare IoT devices, ensuring that data can be privately and securely circulated within legally authorized nodes. This aids in guaranteeing that the rights and interests of the data truly belong to the owners.
Existing smart devices rely heavily on the home gateway through which all instructions are processed and distributed. Once this gateway is compromised, all connected smart devices are affected. Blockcloud allows all smart devices to securely access the decentralized blockchain network and can break the boundaries of “home”, enabling smart devices in different homes to communicate and coordinate directly.
The advantages of Blockcloud in connectivity, mobility and computations can help solve the problem of frequent offline and unstable nodes in edge computing. This helps to ensure that all nodes are given suitable service resources and can gain corresponding income streams. In addition, Blockcloud can verify the authenticity and effectiveness of the node service at a very low cost, thus directly solving problems associated with low computational power nodes and the high cost of security verification in edge computing. This creates a new paradigm shift that enables edge computing services to become safer and more reliable.
Blockcloud provides a completely decentralized technical system for the sharing economy. Exsiting platforms face a myriad of problems due to their use of excessive energy and brings significant risks to both parties involved in the sharing process. However Blockcloud rectifies these issues can can also guarantee factors such as the authenticity of credit information, the reliable and secure authorization of shared resources, and the speed of fee settlement.
Apr 10th, 2019 8:00 pm (UTC)
Apr 10th, 2019 11:00 pm (UTC)
80 000 000 USD
1 000 000 000 BLOC
1 BLOC = 0.008 USD
China, United States of America (USA)
Chairman / SCN Lab Principal
Co-founder / COO
Director of Business and Communications
Director of Business Development in North American
Director of Marketing in North America
Head of Marketing
Head of Development
Cloud Platform Director