A Blockchain Empowered IoT Data Platform Co-Developed by Wanxiang Blockchain and AITOS To Be Launched in October

On Aug. 26th, Mr. Lin Yao, CEO of AITOS mentioned at 2020 AIoT Industrial Leaders Summit that the BoAT+PlatONE Blockchain Empowered IoT Data Platform co-developed by Wanxiang Blockchain and AITOS will be officially launched this October at the Sixth Global Blockchain Summit hosted by Wangxiang Blockchain Labs in Shanghai, China.

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BoAT+PlatONE Blockchain Empowered IoT Data Platform

This blockchain empowered data platform is an innovative integration of the blockchain and IoT technologies. By empowering the traditional IoT industry with blockchain modules and data services, this platform aims to maximize the value of big data in the real world scenarios.

Data reliability and safety cannot be emphasized more as all industries are undergoing digitization. This innovative integration of IoT and blockchain will guarantee the reliability of data uploaded on chain and store the data in a tamper-proof way.

The BoAT+PlatONE Blockchain Empowered IoT Data Platform is built on PlatONE, a consortium blockchain developed by Wanxiang Blockchain and Juzix and BoAT, a blockchain application framework established by AITOS.

This platform basically works in this way:

First, the blockchain modules of BoAT will upload the data collected by IoT devices on chain. Second, the data will be stored in an open service platform built on PlatONE. Then traditional IoT companies will get access to data on this platform via API.

By uploading the data of IoT applications on chain and guaranteeing the authenticity of the data with blockchain, the trust machine, this platform will unleash the power of big data in various scenarios.

According to Mr. Lin Yao, the BoAT+PlatONE Blockchain Empowered IoT Data Platform will be launched at the Sixth Global Blockchain Summit on Oct.27th to 28th. It will build an open IoT+ Blockchain ecosystem and provide better services to the members of the blockchain module association and their clients in the IoT industry.

As one of the basic ICT infrastructure, blockchain enables us to trust data in a cost efficient way and the integration of blockchain and other ICT like IoT, Big Data and AI is gaining attention.

In this connection, the Sixth Global Blockchain Summit on Oct.27th to 28th will be held under the theme of “Innovative Integration”. Blockchain influencers around the world will share their views on the innovative integration of blockchain and other cutting-edge technologies as well as the trends of the global blockchain industry at summit.

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If you are interested in the blockchain technology and how this technology will empower the future of different industries, the Sixth Global Blockchain Summit is the event you should never miss.

Please go to the official website of the event to get more details.

Official Website: https://www.blockchainlabs.org/week2020/home

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Wanxiang Blockchain is dedicated to building an open platform and offering resources to develop blockchain and promote its application in different industries.

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