Will the combination of IoT and ETC become the next trend?

The Internet of Things ( IoT) has been a hot topic in recent years. Industry insiders have been using the term to describe the future from home automation to smart city planning. Now many projects have adopted IoT technology, which has promoted the development of global informatization.

As an emerging technology, ETC has been applied to the Internet of Things. ETC technology can enhance the way information and value are shared in the digital economy. ETC's smart contracts can automatically transmit information and value under dynamic conditions, providing a tailored business model for the Internet of Things and machine-payable networks. Based on a flexible and intuitive smart contract programming platform and supported by ETC, the Internet of Things can be promoted to develop in a direction with high globalization, good security and decentralization.

As the development team of ETC, ETC DEV team is also concerned about the application of ETC in the field of IoT. At present, the team has started to develop a friendly virtual machine for IoT to make it universal, independent and efficient. For this reason, the ETC development team will upgrade several protocols in 2018 to adapt it to mobile devices and embedded devices. In order to better use IoT applications, the ETC community has formulated a development plan for cross-chain operation functions. In response to the sharp increase in transaction data in the field of IoT, sharding technology and side chain technology are designed. Improve efficiency while ensuring security. The above is not just a technical solution. The ETC development team has formulated a specific timetable. In 2018, the ETC node will be able to run on the most popular IoT operating system "Raspberry Pi" .

Grayscale, the investment trust sponsor of ETC, wrote in a paper titled "Into the Ether with Ethereum Classic" published in August this year: "We believe that ETC will one day become the foundation of a global, highly secure, decentralized Internet of Things (IoT). The word IoT appears many times in this paper, and it seems that this is one of the main reasons why the author of the paper, Matthew Beck, supports ETC. In this regard, Beck concluded based on his own research and calculations that ETC will be very suitable for processing machines in the future, allowing machines to automatically trade data. He pointed out that if ETC can obtain 10% of the data traffic of IoT devices by 2025, the price of each ETC will increase by dozens of times .

Talking about ETC’s investment opportunities, Beck wrote: “First, ETC has storage properties similar to precious metals and Bitcoin, which makes it an inflation hedge tool suitable for long-term investment. Second, as a digital token that runs ETC smart contracts, ETC is a scarce commodity that can power the global development of the Internet of Things.”

The combination of ETC and the Internet of Things not only pushes the Internet of Things technology to a higher level, but also promotes the development of ETC. The combination of the two makes the Internet of Things technology develop in a safer and more decentralized direction, and also makes it more independent and universal. At the same time, the project also plays the advantages of ETC, so that the value of ETC is also well reflected.

Although ETC is not as popular as ETH in terms of number of applications, ETH is not perfect either. The congestion caused by the cloud cat raising incident shows that it has flaws. The ETC team's rigorous attitude towards technology has ensured that the implementation of each ETC proposal has been fully demonstrated. Its latecomer advantage is gradually emerging, and ETC is constantly expanding its own fields, especially in the field of the Internet of Things, which has pushed it to a new peak. I believe that ETC will become a decentralized and tamper-proof public infrastructure in the future.