08/27/2018: Blockcloud

Many times blockchain is called Web 3.0, and it is because the possibilities that it could bring to the table are endless. A decentralized way of arranging nodes dynamically is a great way of ensuring the security and continuity of the service of a determined service network. But, no one is really doing anything so ambitious like that as of now. But there is a particular startup that is advertising itself as a decentralized internet protocol with a myriad of applications. This ICO is called Blockcloud, and it promotes itself as a smart way of interconnecting small devices to share info between them.
With the rising importance and quantity of the so-called connected appliances and non-regular connected apparatus, the significance of this kind of networks to protect the information should not be underestimated. In fact, the first application that the startup mentions in its proposal is the service-centric approach to the internet of things connected devices, such as refrigerators or intelligent illumination on your house.
Internet of Vehicles is another possible application of this technology, due to the rapid and unpredictable changes in the zone when someone is transporting himself from one place to another. This application could be of paramount importance now that cars are acquiring self-driving capabilities and security and trustability of these connections could affect the lives of the people.
The whitepaper of this project has a fairly high technical approach to the subject and tries to explain all the networking rigorously from a theoretical standpoint. However, a project like this is important because it could be taken as a cornerstone project to base other projects on top of it. Talking about the ICO side of the project, their token will be called BLOC, and its sale will begin this August 28. It is restricted for Chinese and USA investors and all token buyers must deliver proof of ID.
Their team is a solid group of researchers with more than 50 academic papers written, and the foundation of it is solid, that is why Blockcloud is the ICO of the week.

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