Cyber-Physical Chain (CPChain) profoundly integrates blockchain with the Internet of Things (IoT) to effectuate a decentralized and trusted brand-new distributed IoT systems. It can lessen the expense of system interconnection, increase the utility of data sharing, and guarantee user privacy and system security. CPChain concentrates on the scalability, security and real-time concerns that blockchain faces in the Internet of Things industry. By combining the three technologies: blockchain, Internet of Things and distributed encryption storage and computing, it develops a new generation of Internet of Things, which can accommodate complete solutions for data acquisition, sharing and application in IoT industry.
CPChain converges on multi-party data transactions and IoT-big-data-based Artificial Intelligence (AI) decision-making applications, practices multi-faceted trust and complex data interconnection, and resolves the pain points in the industry. Furthermore, an explosive and innovative business model of the new generation of data sharing is established based on CPChain.
CPChain’s Parallel Distributed Architecture
CPChain strives to build a primary data platform for the IoT system, implementing a full process solution for data acquisition, storage, sharing, and application. CPChain will break through the center underlying technology of the application of blockchain in the Internet of things system, and give the infrastructure for the sharing and transaction of the data in the Internet of things. On CPChain, it builds data aggregation and real-time data flow applications to maximize the value of the Internet of things data. The decentralized blockchain system needs the whole network node to run on the same transaction (data), which has great disadvantages from calculation and storage. It cannot provide full play to the collaborative ability of the distributed network system.
The decentralized system can only follow the “barrel principle,” so it is not scalable. CPChain introduces the concept of separating the data layer from the control layer, constructs parallel architecture to enhance system scalability, implements an open data sharing function while guarding user privacy, and adopts a distributed storage system. The user’s data is encrypted and uploaded to the cloud to decrease the storage weight of the blockchain and to ensure the integrity and accuracy of the data.
The CPChain Team
The CPChain R&D team is a global, knowledge-structured, dynamic team. The founding team members comprise top talent from universities, the Internet of Things industry, financial security corporations and business enterprises.
CPChain Economic Models and Utilization
CPC is a principal asset on CPChain, CPC’s worth origin is that it can efficiently distinguish and measure digital economic activity. The value of CPC is based on two reasonable business requirements. One is that the application of CPChain employs an exact amount of CPC as fuel. The other is keeping CPC a symbol of participating in the community governance.
1) The total cost of the CPC is 1 billion, which will be produced when the main network is online.
2) Regular nodes in the CPC network (non-DAPP application nodes) have the power to send a settled number of free transactions daily. If this number is surpassed or the transaction frequency is too quick, the system will impose a fee.
3) To guarantee the stability of communication and computing resources, DAPP application developers must hold a corresponding expense of tokens according to the resources to be engaged by the application and may charter them if the number of tokens is not suitable.
4) For transactions occurring from DAPP applications, DAPP developers yield the corresponding costs and give leasing payments to miners who give rental tokens.