May 19 , 2018
Recently, the ITC team presented at a private meetup in New York titled “Four Blockchain Projects You Can’t Afford to Miss in 2018”. They explained that data ownership will become a global issue in the upcoming era of the Internet of Things. ITC stressed that data rights belong to the user. ITC is a blockchain-based, secure, light operating system which protects user data rights and generates revenue.
Together with Spark Capital Management and Fordham Fintech Network, IoT Chain held the private New York meetup “_Four Blockchain Projects You Can’t Afford to Miss in 2018_” to communicate with Blockchain enthusiasts, investors, and industry peers in North America.
At the meetup, the ITC team shared the vision of the IoT Chain project. ITC aims to provide a secure, scalable public chain for the Internet of Things while promoting development in this growing industry. The ITC team believes that data ownership will become a global issue in the era of the Internet of Things, and ultimately, data rights belong to the user.
The ITC team also believes that the value of the Internet is created by users contributing data and IoT will become the next Internet. This is because more valuable user data will be generated through the Internet of Things. On the ITC network, smart hardware will be combined with blockchain technology to protect user data rights and enable users to generate revenue from their own data.