Telcoin is a new cryptocurrency based on the Ethereum blockchain that will be distributed by your national telecom operator and made available to everyone anywhere by tapping into synergies between the reach of mobile telecoms and the fast, borderless nature of blockchain technology.
ITC is designed to solve the severe safety problems of present IoT. ITC applies a combination of asymmetric encryption of cryptography, semi-homomorphic-encryption ciphertext computing technology and distributed architecture without data center. Therefore, ITC can not only protect the users' devices from being attacked by hackers, ensuring its controlling right safety; but also defend users and their devices' data safety sovereignty and privacy security. For example, the data of intelligent device, such as the camera, can only be checked by users themselves.