IONChain (IONC) The price of IONChain is $0.0109, a -0.78% percent change for the last hour. IONChain
Facilitating an Internet of Things Economy.
A platform to design and automate transactions between smart devices.

IONChain aims to become the underlying particle in the Internet of Things (IoT) ecosystem. Through their IONChain Protocol, IONChain will serve as the link between IoT devices, supporting decentralized peer-to-peer application interaction between devices.
In the IONChain ecosystem every IoT device that provides valuable data can act as a mining machine. Once connected to the IONChain network, a device will constantly contribute its calculative power via the Ionization Algorithm and in turn, receive IONC tokens as mining reward. IONChain has created a unique consensus algorithm to determine the value contributed by IoT devices. A device’s contribution is jointly determined by the Data Quality Proof Consensus and Time Lapse Proof Consensus (Check official names again). This consensus mechanism will consider a devices' function, data quality and quantity in calculating its contribution. Out of this analysis, the number of IONC token distributed to them as a reward can be determined.

IONChain Facilitating an Internet of Things Economy. A platform to design and automate transactions between smart devices. IONChain aims to become the underlying particle in the Internet of Things (IoT) ecosystem. Through their IONChain Protocol, IONChain will serve as the link between IoT devices, supporting decentralized peer-to-peer application interaction between devices. In the IONChain ecosystem every IoT device that provides valuable data can act as a mining machine. Once connected to the IONChain network, a device will constantly contribute its calculative power via the Ionization Algorithm and in turn, receive IONC tokens as mining reward. IONChain has created a unique consensus algorithm to determine the value contributed by IoT devices. A device’s contribution is jointly determined by the Data Quality Proof Consensus and Time Lapse Proof Consensus (Check official names again). This consensus mechanism will consider a devices' function, data quality and quantity in calculating its contribution. Out of this analysis, the number of IONC token distributed to them as a reward can be determined. (The price of IONChain is $0.011)

Quick Stats about IONChain

The price of IONChain is currently $0.01

1 hour % 12 hour % 24 hour % 7d % 30d % 1y %
BTC 1.54%
USD -0.78%
ETH 1.75%
BTC 10%
USD 2.12%
ETH 9.24%
BTC 13.79%
USD -1.08%
ETH 17.79%
BTC -1.49%
USD -9.49%
ETH -12.75%
BTC -32.29%
USD -16.44%
ETH -32.26%
BTC 22.64%
USD 179.11%
ETH -16.2%

The all time high price of IONChain was $0.06589484 on 2020-06-12 06:56:30

Development Status: On-going development
Proof Type: Not mineable
Hash Algorithm: None
Hardware Wallet: Yes

Circulating Supply: 121180605 IONC

Beta Value: 0.211

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Tweets about IONChain

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@IONChain 9 hours, 48 minutes, 19 seconds ago
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@IONChain 1 day, 7 hours, 13 minutes, 33 seconds ago
#IONChain Project Fortnightly #Report [11.11–11.24] https://t.co/aI1WLFEvOo
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@IONChain 1 day, 10 hours, 12 minutes, 31 seconds ago
#AI and #ML, #5G and #IoT will be the most #important technologies in 2021 https://t.co/D43cM5YBAG
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@IONChain 1 day, 10 hours, 33 minutes, 12 seconds ago
#AI for #inclusive #growth https://t.co/S1Jbc2uTAr
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@IONChain 1 day, 12 hours, 49 minutes, 23 seconds ago
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Tweet by IONChain about IONChain
@IONChain 1 day, 13 hours, 6 minutes, 52 seconds ago
The Ledger of Things: IoT and Distributed Ledger Technology https://t.co/xSLVvhAEK2
Tweet by IONChain about IONChain
@IONChain 2 days, 10 hours, 6 minutes, 49 seconds ago
How a #smarter network could #revolutionise our #food #system https://t.co/6NSOOMwTND
When moon? Moon buggy