The IOTA of China?

 By 2025 almost ever object is expected to be an intellectualized ‘smart network’ tied to a stream of data requiring each their own IoT operating system that relays and synchronizes networks in a fast and cost-effective way. The Singapore based startup IoT Chain (https://iotchain.io/) aims to be the go-to platform for this massive new ecosystem of virtualized physical reality. Dubbed “a high-security lite IoT OS,” IoT Chain (or call sign $ITC) seeks to provide a safe, secure platform that protects against Botnet attacks of user data while lowering the prohibitive cost of centralized architecture by utilizing blockchain technology.

Currently, trading on the Singapore exchange Huobi (Huobi ITC/BTC) and the Chinese exchange OKEX (https://www.okex.com/), ITC has maintained strong volume and stability for investors since its introduction to the market in early December. After raising $15 million dollars in a private fundraising round this Fall, IoT Chain’s market cap (IOT Chain Marketcap) has already X3 in value and is currently hovering around $50 million dollars. The industry standard at the moment, IOTA, has a current valuation of close to $12 Billion dollars proving both the need for platforms in this space and also the sizeable market that looks set to greatly expand in the coming decades.