The IoT Chain MainNet Launch: Stage observation

Dear community and ITC holder,

Stage observation-based of IoT Chain MainNet officially launched on December 29, 2018,20:00 Beijing time (CST).

We are excited to announce that after 12 months of development, from modular architecture design to module-by-module implementation to inter-module chain tuning, the IoT Chain R&D team made a huge progress in line with the roadmap, at this point we smoothly entered the Stage observation-based of IoT Chain MainNet.

As a new generation of high-performance IoT public chain, IoT Chain has a complete distributed ledger and supports deploying smart contracts. During the Stage observation of main network, we are proud to announce that users can use the IoT Chain main network test token to experience IoT Chain transfer, search and other functions through the ITC wallet and also experience the IoT Chain blockchain browser.

IoT Chain Browser
• Support Stage observation-based of IoT Chain MainNet.
• Support transaction inquiry.
• Support block query.
• Support address query.
The browser is one of the important components of the public chain, ensuring the transparency of the IoT Chain network. Through the IoT Chain browser, users can check information such as blocks, transfers, transactions, and addresses of the IoT Chain network.
Download IoT Chain browser:

ITC Wallet(Mobile)
• Support multi-chain wallet management.
• Support Ethereum and ERC20 token.
• Support System Security Certification. (Face ID/ Touch ID)
• Multi-language support.
• Multi-currency unit support.
• Support swap service.
• Support Stage observation-based of IoT Chain MainNet within 2 weeks.

After the first 2 weeks, ITC wallet will also support Stage observation-based of IoT Chain MainNet, this will give users the possibility to make use of the above mentioned functionalities! Users can use the ITC wallet to create multiple Ethereum wallet addresses, ITC wallet addresses, and freely manage IoT Chain main network token and ERC20 token.

Download ITC Wallet:

Desktop application(PC)
• Support IoT Chain local testnet work.
• Support for smart contract deployment.
• Support for transfer operations.
• Support transaction inquiry.
Developers can use the desktop application for smart contract deployment, wallet function operations, transaction queries, etc. For detailed tutorials, please check《How to deploy smart contracts in the IoT chain test network》、《How to install the local desktop wallet in MacOS

MainNet token: ITC
ITC will not have any form of adding tokens or additional shares, the total token amount will remain at 100 million. The conversion of the ERC20 ITC token to the native ITC token of the IoT Chain main network will happen with a 1:1 ratio.
After communication with our mainstream exchanges, we plan to start the token exchange at 2019 Q1, we will give our users the possibility to choose whether to swap ERC20 ITC token through the ITC Wallet or the official exchanges listed on our website.

Follow the IoT Chain MainNet code on GitHub:

IoT Chain Roadmap
2018 Oct. Released test network
2018 Dec. Launched the Stage observation-based of IoT Chain MainNet
Next steps
2019 Q1. Enter the main network Production environment & Token Swap
2019 Q2. Release of Developer Toolkit
2019 Q3. Optimize Main network performance
The IoT Chain MainNet launch is an important step in the construction of the IoT x blockchain ecosystem. It gives an unique opportunity for developers and users to participate in the ITC global chain ecological construction, and the ITC R&D team will continue to forge ahead. It’s a pleasure to work with you all in order to create a safe and scalable public IoT chain for the Internet of Things!

Finally, we would like to thank our community partners, supporters, developers and participants! We are looking forward to new milestones in 2019, let’s work together and create an amazing IoT blockchain ecosystem.