The ILCoin blockchain is a revolutionary on-chain data storage system; developed not only to provide a strong foundation for the ILCoin cryptocurrency, but also to open up a wide range of possibilities for exceptionally safe yet transparent data storage, establishment of various smart contract systems and the launch of innovative decentralized applications running on our blockchain systems. What started as an alternative to Bitcoin (BTC), today, has built its own unique blockchain network. Our blockchain network is a revolutionary Decentralized Cloud Blockchain System where on-chain data storage is secured and managed by a quantum resistant SHA-256 Command Chain Protocol (C2P). The ILCoin Blockchain System has not only effectively future-proofed itself against impending threats of quantum computing, but also is proven to be immune to malicious, third-party 51% attacks.
CommerceBlock is a public blockchain infrastructure company that is architecting a platform that allows anyone to build and use financial products and services historically reserved for commercial banking customers. The CommerceBlock network will be the first technology platform that provides a combination of trust minimal trade, decentralised contract execution, on-chain derivatives, and asset-backed token issuance to public blockchains. The advent of the Bitcoin protocol has enabled permission-less financial innovation. CommerceBlock’s product offerings provide a suite of tools that enables anyone to build and use services that construct contracts, manage trade flows, engage in multiparty dispute management, issue assets, and hedge currency risk. Developers and end users will be able to manage all stages of a business interaction and fulfil their contractual obligations by utilising the CommerceBlock platform. These services will be integrated into infrastructure we have already implemented. We have released the first open-source implementation of the pay-to-contract and homomorphic address protocol outlined by Timo Hanke and Ilja Gerhardt. The protocol has been designed in such a way that all business logic, customer funds, and trade details are managed on the client side meaning at no point does CommerceBlock have access to customer funds or private information.