Overview

An innovative IoT blockchain architecture connecting every dots of your life.

Project stage

Only a whitepaper

Detailed description

Blockcloud is a new approach that combines the advantages of SCN and blockchain to empower IoT. In Blockcloud, SCN forms the underlying physical network that provides connectivity, mobility and scalability. The blockchain logically operates on top of SCN to provide decentralized trust, security, fairness and economic incentive.

Blockcloud model is compatible with todays Internet and has a clear, simple evolutionary strategy. Like IP, Blockcloud is a “universal overlay”: Blockcloud can run over anything, including IP. Thus Blockcloud’s advantages in service distribution, application-friendly communication and naming, robust security, mobility and broadcast can be realized incrementally and relatively painlessly.

World-class technical ability:

The core team are from top universities and companies home and abroad; strong scientific support from Tsinghua University and the Hong Kong Polytechnic University;

The technical system is customized for IoT with 8 features including high-mobility, tamper-proofing, anti-theft, evolutionary, low-cost, real-time, fair and high-concurrency;

The first IoT blockchain supporting scenario of high frequency and high-speed mobility characterizing its efficient consensus mechanism and fast and low-loaded transmitting mechanism.

Rich experience in IoT industry:

Our team have been deeply involved in the IoT industry for 5 years and successfully connected over 7 million devices with IoT. We’re totally capable of realizing the Blockcloud projects in the fields of the Internet of Vehicles, health and smart home.

Problem

Inherited from the internet design, today’s IoT architecture is facing great challenges by frail connectivity, poor scalability, absent trust, cracked security and broken business model.

Blockchain is an application-layer overlay whose functions rely on the underlying network. Unless the underlying network provides stable connectivity and sufficient scalability, the blockchain cannot play a positive role in real IoT scenarios, which are highly mobile and dynamic

Solution

Blockcloud, a new approach that combines the advantages of SCN and blockchain to empower IoT. In Blockcloud, SCN forms the underlying physical network that provides connectivity, mobility and scalability. The blockchain logically operates on top of SCN to provide decentralized trust, security, fairness and economic incentive.

Features

  • Defending against price cheating. Cheating traders can not increase the profit so that they do not have incentives to cheat.
  • Guaranteeing fairness. TCDA treats sellers and buyers equally, where sellers and buyers have the same opportunity to earn profits.
  • Minimizing trading maintenance cost. TCDA optimizes the trading maintenance cost to scale the system to support a large number of tradings simultaneously.
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Additional links

  • Token details

    • Token symbol ? Token symbol — a shorten token name. It is used during an ICO and after the coin listing at the cryptocurrency exchanges. : BLOC
    • Fundrasing target ? Fundraising target — the maximum amount of funds to be raised during an ICO. When it is reached, the developers stop selling the tokens because they do not need to raise more money for the project development. : 15,000,000 USD
    • Token type ? Token type — a platform for a startup launch that influences the stability of blockchain operation, the speed of transactions and the fees. :Own blockchain ()
    • Soft cap ? Soft cap — the minimum amount of funds to be raised for the project development. Sometimes when the soft cap has not been reached, the money is returned to the participants. : NA
    • Role of token ? Role of Token — type of token depending on the opportunities it offers to its owner. Utility tokens give their owners a right to use the project services, security tokens are aimed at bringing profit, and currency tokens are a money substitute. :NA
    • Total supply ? Total supply — a total amount of tokens that will be released by the developers. :10,000,000,000 BLOC
    • Escrow agent ? Escrow agent — a qualified agent who has the right of signature in a multisig wallet. An escrow agent participates in an ICO, monitors the financial operations of the developers and confirms their fairness. :No
    • Tokens for sale ? Tokens for sale — the number of tokens offered to the participants of an ICO. :2,000,000,000 BLOC
    • Whitelist ? Whitelist — a list of participants, who get an opportunity to buy tokens. To be whitelisted, you need to register on time because the number of participants and the registration period are usually limited. :Whitelist Soon(Start TBA)
    • Additional emission ? Additional emission — an additional release of tokens. It can be done once after the crowd sale or on an ongoing basis. In the projects with a limited emission there is no additional emission. :No
    • Exchange listing ? Exchange listing — an assumed date when the token will be listed at a cryptocurrency exchange. The developers usually indicate it in a roadmap and a white paper. :NA
    • Accepting currencies ? Accepting currencies — cryptocurrencies and fiat currencies that can be used for buying the project tokens. :BTC, ETH,
    • Can't participate ? Can't participate — the countries where it is prohibited to buy tokens. These can be countries where ICOs are prohibited altogether, or countries that have the requirements that a particular project does not meet. :No
    • Know Your Customer (KYC) ? Know Your Customer — a verification procedure for ICO participants, during which the developers can ask for personal data, a photo and a scanned copy of a passport of a potential investor. :No
    Get details
  • Token and Funds Distribution

    Token distribution date

    NA

    Unsold tokens

    NA
      • Token Distribution

          Vesting notes

          • Private Sale: 20% of tokens will be released before exchange listing. Two months after the exchange listing, 10% of tokens will be released every month. Release of Tokens to be completed in 8 months.
          • Mining Award: Mining rewards will be released at 5% every year equally over a 6 years period.

    Sale schedule

    Round Token Price Bonus Min / Max Purchase Soft Cap Hard Cap
    Public sale — Soon
    Start Soon
    NA No - Uncapped 3,000,000 USD
    Private Sale — Ended
    Start Soon
    0.008 USD No - Uncapped 12,000,000 USD
    Private Sale

    Private Sales Locking Mechanism: First release 20% before exchange listed, then release 10% every month 2 months after exchange listed, finish releasing in 8 months.

    Read more about vesting and bonus
    • Team

      • Zhongxing Ming photo
        Zhongxing Ming
        CEO
      • Shu Yang photo
        Shu Yang
        Chairman / SCN Lab Principal
      • Dai Pan photo
        Dai Pan
        Co-founder / COO
      • Dong Huo photo
        Dong Huo
        Strategic Scientist
      • Qi Li photo
        Qi Li
        Expert of Network Security and Cryptography
      • Wei Xiao photo
        Wei Xiao
        Data Scientist
      • Claire Xiong photo
        Claire Xiong
        Director of Business and Communications
      • Peter Ran photo
        Peter Ran
        Director of Business Development in North American
      • Lucy Liu photo
        Lucy Liu
        Director of Marketing in North American
      • Kun Liu photo
        Kun Liu
        Head of Marketing
      • Kun Hu photo
        Kun Hu
        Head of Development
      • Zhenzhou Wu photo
        Zhenzhou Wu
        Cloud Platform Director
    • Advisors

      • Fred Baker
        Technique Advisor
      • Jiangchuan Liu
        Technique Advisor
      • F.Richard Yu
        Technique Advisor
      • Ke Xu
        Technique Advisor
      • Dan Wang
        Technique Advisor
      • Qian Wang
        Technique Advisor
      • Linghe Kong
        Technique Advisor
      • Sheng Zhong
        Technique Advisor
      • Qianhong Wu
        Technique Advisor
      • Kun Yang
        Technique Advisor
      • Liehuang Zhu
        Technique Advisor
      • Mingwei Xu
        Technique Advisor
      • Ahmed Alsayadi
        Technique Advisor
      • Guang Cheng
        Technique Advisor
      • Haibin Kan
        Technique Advisor
      • Hoan Soo Lee
        Business Advisor
      • Roger Lim
        Business Advisor
      • Alex Likhtenstein
        Business Advisor

    Roadmap

    • Q1 2018
      • Complete the infrastructure design
      • Complete the conceptual verification of CoDAG algorithm
      • Complete the conceptual verification of PoS mechanism
      • Complete the conceptual verification of online bilateral auction algorithm
    • Q2 2018
      • Complete the design of CoDAG algorithm
      • Complete the design of PoS algorithm
      • Complete the design of online bilateral auction algorithm
      • The choice of cornerstone investors
    • Q3 2018
      • Complete the independent node based on PoS
      • Building a developer community
      • Partner selection
      • Global road performance
      • International first-class academic conference / journal contribution
      • Token sale
    • Q4 2018
      • Complete the CoDAG minimum test network
      • Complete the PoS minimum test network
      • Complete the minimum test network of bilateral auction mechanism
      • International / domestic standards writing
      • The landing exchange
      • Continuous optimization of the algorithm and code quality
    • Q1 2019
      • Integrated development
      • The first commercial application scene fell to the ground
      • The development of network API and mobile terminal SDK
      • The first batch of application and development partners to join
      • Submission of international / domestic standards
      • Continuous optimization of the algorithm and code quality
    • Q2 2019
      • The release main test network
      • The joining of the well-known Internet of things chip enterprises
      • Open network API and mobile terminal SDK
      • Continuous optimization of the algorithm and code quality

    Activity