CPChain ($CPC) is a decentralised data infrastructure designed for commercial/large scaled IoT systems & the next generation internet.

CPChain is integrating Blockchain tech, IoT systems, encrypted storage, distributed data sharing & and a ‘distributed consensus protocol’ – all while introducing a new business model in a rigid industry to date.

CPChain, in a nutshell, is aiming to tackle the major flaws with current systems – security, speed, and efficiency.

 

 

TITLE : CPChain ($CPC)

COMPANY ORIGIN : China

PLATFORM : ERC20 (Ethereum)

FOUNDERS : Qingwei Shi, Dr. Chengnian Long, Dr. Bin Zhao

PURPOSE : Commercial IoT Solution

POINT OF DIFFERENCE : Strong Team and Partnerships.

MAJOR PARTNERS : Vechain, Qtum, Metaverse ETP, High Performance Blockchain

FUNDRAISING DETAILS/ICO DISTRIBUTION : 

  • Founders, Developers & Consultants (25%)
  • International Community (9%)
  • Community/Governance (26%)
  • Private Equity Investment (20%)
  • Business Investment (20%)

WORKING PRODUCT ? : Live platform

CURRENT PRICE ACTION : 

 

How does CPChain work?

 

CPChain’s core feature is to facilitate the transfer of value across cyber-physical (CP) systems.  In order to achieve this goal – CPChain is developing a systematic scheme that looks to solve the problem of scalability which is the #1 IoT obstacle to date.

What makes CPChain unique in an already competitive IoT landscape? CPChain intends to feature – three major functions – including parallel distributed architecture, a double layer hybrid consensus mechanism and lastly a (lightweight) side-chain consensus protocol.

 

What Problems is CPChain looking to solve?

 

CPChain is looking  to solve the typical issues associated with IoT including;

 

1. High Costs

 

Current systems including data centers are heavily centralised and often dedicated to one or a few purposes/projects which creates a ‘bottleneck’ effect and leads to high costs and inefficiencies.

 

2. Non-inoperable

 

In addition to this Data Centres do not communicate with each other making the costs of interacting and sharing data costly and non-efficient.

 

3. Lack of Security/Privacy

 

As these centers and systems are heavily centralised, the risk of data leaks or privacy breaches are high and do occur.

 

4. Data Sovereignty

 

With CPChain and the Blockchain, data owners are now able to own their data and thus incentivising data sharing with greater efficiency – maximising the value and trust of the ecosystem.

 

CPChain’s potential use cases

 

Big Data and IoT expand into many industries and business functions. However there a handful of use-cases that CPChain seems to be looking at in particular which are that of Logistics & Travel, Drug Trace-ability, Personalised Insurance & Digital Assets as seen below from CPChains Whitepaper;

 

 

IoT’s ‘Billion Device Market’

 

One of the most interesting IoT use cases is the smart product case. For example, every gadget, device and home appliance is becoming ‘Smart Capable’ with devices all speaking and communicating with each other.

 

CPChain vs Competitors

 

There are a number of competitors in the IoT industry including the likes of IOTA (running on Tangle) who are jousting to become the major IoT market leader. However, CPChain operates in a Chinese market which could be looked at very independently – and a market which CPChain is thriving in.

 

CPChain Team

 

 

Current Partnerships/Investors

 

CPChain has a elite group of partners/investors including other major Chinese Projects such as;

 

Chainfunder

Torque Capital Partners

Vechain ($VEN)

High Performance Blockchain ($HPB)

  Quantum ($QTUM)

  Metaverse ($ETP)

 

Latest CPChain updates

 

 

Where can you Purchase CPChain ($CPC) tokens?

 

CPchain tokens are available to purchase via Bibox & Binance (top volumes to date), we expect more exchanges to be announced in the short term – medium term.

 

How to protect & store your CPChain tokens?

 

CPchain tokens are ERC-20 compliant and can be stored on your Ledger Nano S.

 

Outlook for CPChain

 

CPchains future is bright with key fundamentals looking good including hitting roadmap goals, building a strong network e.g partners/team/community and a dedicated, hard-working team . CPchain is a project to keep track of if you love IoT projects and their very strong blockchain use-case.

 

Reach out if you have questions about CPChain or need help with any topic.

 

Social Media

 

CPChain on Twitter

CPchain on Reddit

CPChain on Medium

CPChain on Github

 

References

 

Andrew Wilson Medium

CPChain Website

CPChain Whitepaper

 

Disclaimer :  The Author was holding CPChain ($CPC) at the time of writing this article. All content is research, opinions and personal view points from our Analysts. This is not financial advice and should not be treated as such. If you have any queries or edit requests please contact [email protected]

 

Summary and Score

CPChain $CPC

7.8

Vision

9.0/10

Team

8.5/10

Working Product

5.0/10

Partners/Investors

8.5/10

Innovation

8.0/10

Pros

  • Strong Team/Community
  • Strong Partnerships

Cons

  • Product still in development
Hayden HW

Hayden HW

Blockchain and Cryptocurrency Education

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