Blockcloud aims to reinvent the roads on which modern Internet applications drive on. It is a blockchain-based advanced TCP/IP that improves and upgrades the existing Internet.
Combining the advantages of blockchain and Future Internet technology, it reconstructs the technology layers below where current blockchain networks and Internet applications operate. Blockcloud serves as the “building block” to provide constant connectivity for dynamic networks. It will provide better mobility, credibility, incentives, security, fairness, and scalability to upper-layer applications.
Internet of Things (IoT) is one of the use cases of Blockcloud but Blockcloud is not limited to IoT. Traditional Internet applications and other blockchains can also run over Blockcloud.
If we take the underlying layer of Internet as the road, the upper-layer applications are kinds of cars. The road (Internet) was designed many years ago, as more and more cars (applications), the transportation (connectivity) becomes slow and unstable. Blockcloud is to upgrade a better Internet from underlying protocol so that internet will be faster, safer and more stable.
The relationship of Blockcloud with other Blockchains, of IoT, of the Internet, is Blockcloud as road, applications are cars running on it. That is to say, Blockcloud is not just designed for IoT or Blockchain, but for evolving the Internet. As long as the Internet becomes better, everything on it runs better.
The Internet was designed 50 years ago (invented in 1969). At that time, the Internet was designed for telecommunication between military command posts and was not designed for large-scale dynamic networks. While in future IoT, there will be trillions of devices connected to the Internet, with lots of devices being mobile or dynamic. That’s one of the important reasons why the current Internet cannot provide sufficient connectivity, scalability, and security to IoT.
In Blockcloud, we solve this problem by combining the future Internet technology and Bblockcloud technology together. Using a Service-centric Networking (SCN), we enable applications directly communicate with service rather than IP addresses. In such a way, the upper-layer connection can be stable regardless of the dynamics of the underlying IP addresses. And with blockchain, we invent Proof of Service (PoS) to verify the services provided to the network, and CoDag for fast recording the transactions between the service providers and users with the help of smart contract.
This upcoming 29th September 2018, at 2.00 pm (GMT+8), Blockcloud will be having a workshop at Viva Mall, 3rd Floor, Techno Campus, Kuala Lumpur.
RSVP here: https://block-cloud.peatix.com/
If you miss out the Blockcloud workshop, you may miss the next generation of the Internet!
Telegram Community: https://t.me/blockcloudkl