Tokenization of real world assets & scalability solution
Tokenization of real world assets (like master paintings, real estate) will be the next phase in Blockchain and crypto global usage. Forget payments as single solution.
You can be co-owner of a Rembrandt, co-owner of an old timer car or co-owner of a building. This will be an industry on its own in a — 260 trillion — market.
Blockchain will facilitate easy accountability, ownership registration, dividend / rent distribution and even selling your share of that beautiful painting or house. This will change the business model of intermediaries, legal firms and many more. New companies will be created and employees specialized in this ecosystem are welcomed.
I/O Coin (IOC) started in 2014 with a vision to be able to store data in a blockchain. The team knew this would be the best use case for Blockchain technology outside the accountability and transactions of (micro)payments.
Ahead of time
As said this Blockchain use case has been thought of in 2014 when most projects the only the focus was on cryptocurrency as payment & accountability solution. In 2015 the IOC team embarked on a journey to make this happen. After years of (non-ICO) work the IOC team managed to launch this upgraded Blockchain. Since late 2017, the I/O Coin Blockchain can facilitate file storage through a custom wallet system or through API. Create your application, connect the IOC Blockchain and use the decentralized file storage capability for your business. With this data storage solution IOC can facilitate this 260 trillion market to store the ownership of an asset in a proof of stake Blockchain.
The IOC Blockchain can do more than just file storage:
- AES 256 encrypted messaging though Blockchain
- Decentralized Alias system
- Stealth / shade payments
- Identity storage
More info on www.iocoin.io and www.iodigital.io
Next phase: global scalability
The next phase is global usage with the capability to use Ledger technology for super fast transactions. Current solutions can not facilitate multi million transactions a day without stepping a way from true decentralization. Centralized / off-chain scaling is thought of to be a solution for this.
Our team is now in progress of creating a new type of ledger technology that still takes care of the decentralized characteristics but also will provide a solution for high transactions per second. This is called a Molecular Ledger.
The project is called “Chameleon”.
A SCALABLE DISTRIBUTED CRYPTOGRAPHIC INFORMATION AND VALUE TRANSFER ARCHITECTURE
Chameleon is the Interoperabel, side chain technology enabling and smart contract handling molecular ledger that will facilitate multi million transactions per second.
Chameleon Molecular Ledger is in active development and will have its own crypto currency (CHAM). The I/O Digital Foundation team is preparing an IEO / ICO to facilitate faster development and connecting other Blockchains around the world. Please see www.chameleonledger.com for more information about the upcoming project.
Chameleon will be embedded within the IOC Blockchain vice versa where the IOC Blockchain will be used — through interoperability — for messaging, encrypted storage, staking, alias system and micro payments. Other projects with specific features can interconnect with the Chameleon Molecular Ledger and interchange features across ledgers. The IOC Blockchain has already all required features built in and working. Next stage is Chameleon.
The envisioned ecosystem
