5giotspacechain · 5g and 5g smart phones will come in 2019. motorola has just released the latest...
TRANSCRIPT
1
5G IOT Space Chain
White PaperGISC COIN
2
ONEIndustry overview and blockchainTechnology
TWOGISC project technical framework
1.1 development and current situation of the Internet of things
1.2 problems faced by the Internet of things industry
1.3 5G brief introduction, why do we need 5G
1.4 application of block chain technology to the Internet of things
industry
1.5 5G, the Internet of things and blockchain all need to interact
2.1 GISC system architecture
2.2 GISC Agent intelligent chip
2.3 GISC public chain
2.4 intelligent contract
2.5 data asset platform
2.6 Distributed application DAPP
3
THREEGISC application scenario
FOURProduct and project planning
4.1 product planning
4.2 project and ecological cooperation
3.1 ecological application of intelligent hardware of Internet of things
3.2 Internet of things shares economy application
3.3 Intelligent terminal asset transaction of application of Internet of
things
4
FIVEGISC certification of economicecology
SIXGISC team introduction
SEVENGISC global ecological fund
5.1 TOKEN introduction
5.2 TOKEN value
5
EIGHTRisk control statement8.1 disclaimer
8.2 risk warning
6
GISC is an intelligent and credible decentralized blockchain
technology platform aimed at reshaping the IOT value state and
data value. At present, the amount of IOT terminals and the
resulting data is increasing. For IOT enterprises, the innovation
pressure of their business model is becoming more and more urgent.
It is not only to improve the framework known to the public and
simplify the original business model, but also to gain
competitive advantage from new technologies and opportunities.
Therefore, we believe that IOT enterprises need to fundamentally
change their traditional value creation and value acquisition. In
addition, there are more and more data produced by terminal
equipment and jointly produced by terminals, but the value and
ownership of data have never been truly owned, evaluated,
quantified and used. As the producer of data, the user has never
owned it and never benefited from it, the data value has been
separated into islands without an effective communication
mechanism. However, we believe that the data that the user and
the terminal share is the most valuable data in the life of the
class. GISC will realize the reconstruction of the state value of
the industry and the confirmation and transaction of the data
value through the industry chain technology and the solution of
the case.
GISC's products and technologies will realize the following
7
three stages:
The first is to build a public chain of industrial value and
build a value state system of IOT. GISC develops the
decentralized value public chain based on the characteristics of
IOT, and supports a variety of industrial applications. GISC
provides hardware intelligent ship, SDK and other adaptive
scenarios. It combines cryptography technology with distributed
architecture and adopts the main chain of DPOS consensus to build
a secure, decentralized and concurrent blockchain.
The second is to decentralize the data trading platform and
realize the value circulation of terminal data. GISC will solve
the data value problem of IOT terminals to realize the data
rights and value transactions of users through the decentralized
trading platform, and to protect the data value of users and
equipment.
The third is to realize the interconnection of everything and
terminal value transaction. In the context of the Internet of
everything, we can realize the value exchange between terminals
through the reliable environment blockchain of decentralizing.
Finally, the vision of GISC is to activate the huge
IOT industry through the blockchain. At the same time,
5g network is used and everything is connected.Both
terminal and terminal become the components of GISC
blockchain, forming value-ecology economic community
based on terminals, services, datas and rights of use and
ownership.
8
Interconnection is to connect the whole world and form
a virtual world. By connecting people , the information
and numerable resources will flow rapidly, create new
wealth and form a new economy.“IOT” is the extension of
Internet, which connects “everything”through sensor and
RFID and other technologies. Although the Internet changes
the traditional economy and brings new life, there are
still obstacles between the virtual world and the real
world. The Internet of things expands the connection,
opens up the virtual world and the real world and forms a
new world of “all things connected”
9
Every device in IOT can act as a unique business
entity, sharing energy and resources with other devices at
a very low transaction cost. On IOT, each device can
report the status of their own, such as smart meters,
smart rings and even your refrigerator. These devices can
collect and transmit data through the Internet, which
forming our data world.
In 2015, the market size of IOT reached 62.4 billion
US dollars, an increase of 29%. By 2018, the scale of the
global IOT equipment market is expected to reach US $103.6
billion with a compound growth rate of 21% in 2013 and
2018. In 2019, the number of new IOT equipment connections
will increase from 1.691 billion in 2015 to 3.054 billion.
10
With the continuous progress of technology, the
development and response of IOT technology have made
remarkable achievements in recent years. However, IOT
technology is also facing many problems and challenges.
The prominent key problems are as follows:
The waste of terminal resources. The amount of IOT
infrastructure is not perfect, thus resulting in idle
resources. Many IOT businesses and users do not benefit
from IOT data and terminals.
The difficulty of forming a valuable state system.
Although more and more terminals have solved the demand of
users, IOT enterprises generally lack of operation
mechanism and operation ability. The law maintains the
state of users and the law forms incentive mechanism.
Finally, the law forms a positive circulation state system
between users and producers.
The defects of the centralized system. It is the lack
of mutual trust mechanism between devices. All devices
need to check with the data in IOT. Once the database
collapses, it will cause great loss to the whole IOT.
The idleness and misuse of large and valuable data
created by users. The Sinochem IOT platform of terminal
equipment enterprises or service providers has the right
to collect and analyze user data and control user
equipment without user authorization, which poses a great
11threat to user privacy and security.
12
4G LTE mobile data services are still in the process
of rapid development in terms of coverage and speed
capabilities. So, why do we need 5g, especially when 4G
LTE connection speed is faster than home fiber connection.
We will explain everything in the following, but
you know, all kinds of experiments have been carried out on
5g and 5g smart phones will come in 2019. Motorola has just
released the latest Moto Z3 flagship, which will go on
sale in 2019. Through Mods accessories, Motorola will
become the first smartphone in the United States to
support 5g network. 5g network will gradually appear in
our life in the next few years.
It is worth noting that 5g does not fully represent
mobile phones. In the future, notebook computers and
tablet computers will also have 5g network connection
built-in. In fact, there are already 4G network connection
notebook computers. In the future, with the support of 5g,
our life will completely abandon the wired network and
have the home broadband which completely depends on the
cellular network.
What is 5g?
5g is the name of the current next generation mobile
data connection, which is the next generation of 4g. At
present, 4g is still accelerating, but there are several
13
main advantages of switching to 5g network, which we will
explain below.
5g will provide incredible high-speed broadband speed,
but more importantly, no matter where you perform every
function you want, no matter how many people you connect
at the same time, it will have enough capacity to
guarantee all operations.
5g will run in a new “hyperspectral band” that uses
a higher frequency signal than 4g. The new frequency band
will be much less than now, which is crucial for the use
14
of the Internet of things. However, signals will not be
transmitted far away. So more access points need to be
closer.
According to Professor Andy Sutton, EE's chief network
architect, 5g aims to be “completely invisible.” It
should be a “right there” technology, like electricity.
It will enable device manufacturers to implement the
Internet of things because it will always exist and can be
used without regionalization.
Why do we need 5g?
One of the main benefits of 5G technology surpassing
4G is not just its transmission speed, which can range
from 10 Gbps to 100 Gbps, but also the low latency.
Currently, 4g delays range from 40 milliseconds to 60
milliseconds, which is low latency but not enough to
15
provide real-time response. For example, multiplayer games
require low latency to ensure that when you press a button,
then the remote server responds immediately.
The potential ultra-low latency for 5G could range
from 1 millisecond to 10 milliseconds. For example, this
would allow watching a live broadcast of a spectator on a
football field and another camera Angle of watching the
game, matching the situation on the field without any
noticeable delay in feeling. It will also open the door
for virtual reality and AR applications to offer services
in real time.
Capacity is also an important factor. Over time, the
Internet of things has become increasingly important with
electronic devices and objects using smart, connecting
capabilities they never had. The pressure on bandwidth
will continue to grow. That's why 5G is needed to provide
millions of new connections to connected technologies.The
age of the Internet of things: device explosion increase.
By 2020, according to analysts, everyone in the UK
alone will own and use 27 connected devices. There will be
50 billion connected devices worldwide. These could range
from existing technologies such as smartphones, tablets
and smartwatches to refrigerators, cars, augmented reality
glasses and even smart clothing.
16
As part of the “heterogeneous network”, these points
or cells will be used for LTE-A, the technology will be
added and improved to accommodate 5G. No matter where the
user is, the cell automatically talks to each device to
provide the best and most efficient service.
Larger network units will be used in the same way as
they are now, with a wide range of coverage, but urban
areas will also be covered by multiple smaller units
installed on lamppost, on the roofs of shops and homes,
and even in the bricks of new buildings. Each will ensure
that the connection will be normalized and appear to be
standard.
17
The algorithm can even know how fast a device is
moving, so it can adapt to the cells it is connected to.
For example, a car may need to connect to a micro cell
connection, such as a large network mast, in order to keep
its connection constant without rebuilding at a distance,
while a person's smart phone can connect with fewer areas
with a smaller cell range and the next cell can be
automatically connected easily and enough time to prevent
the user from noticing.
4K streaming video
Capacity is also important for the future of video
streaming. EE predicts that 76 percent of its data traffic
will be used for streaming video by 2030. Most of them are
4K ultra hd or even 8K resolution.
4G data rate can solve this problem, it is expected
that the 14 Mbps connection should handle streaming media
of 4 K video and 18 Mbps of 8K video. But if everyone does
it at the same time, as the statistics show, the web will
struggle to meet demand.
18
Other non-consumer sectors will also get better
service in 5g, but as EE itself acknowledges, some
applications for low-latency, high-capacity networks have
not even been considered. You need to have enough
technology to solve its problems.
Finally, another major benefit of 5g is that standard
and spectrum bands will be retained globally. In the UK,
for example, your 5g phone will use exactly the same
system and spectrum as it does in the US, South Korea and
elsewhere.
Blockchain technology, known as distributed ledger
20
technology,is a kind of interconnected database technology,
characterized
recording. After the emergence of contract
technology, blockchain will evolve information
recorder to transaction executor. The low-cost and dynamic
transaction can greatly reduce the cost of value exchange,
and combine with IOT to develop an unimaginable scenario.
Blockchain technology can not only provide a suitable
solution for recording the data of all IOT units, but also
ensure that once the data is recorded, it can not be
changed.
In view of the current problems of IOT, blockchain
technology will be used to solve the following problems:
(1) the distributed ledger ensures that the data is
not tampered with and is unique.
(2) smart contracts ensure transaction reliability and
efficiency.
(3) the structure of point-to-point distributed data
transmission and storage.
(4) data encryption protection and verification
mechanism in distributed environment.
GISC will build a blockchain state system based on the
value circulation of IOT as the core demand.
transparency, so that each can participate in database
andby opennessdecentralization,
smart
from
21
GISC subverts the existing IOT trading platform
through blockchain technology and improves the value
of IOT by enabling GISC token to realize the value
quantification and value circulation of terminals and
data within the platform. At the same time, as a value
chain of “ IOT ” industry, GISC combines multiple
scenarios of IOT industry into a deep coverage and
response and puts blockchain technology into more new
businesses.
22
Monitoring the growth of 5g, the Internet of things
and blockchain technologies will be crucial because these
three outstanding technologies will shape the future of us
and the Internet.
Since all three technologies are designed to work
together and influence each other, it is difficult to
discuss only the influence of the former two technologies
on the latter. So what is the potential of combining these
three emerging technologies?
Perhaps the biggest technology wave sweeping the world
is the adoption of the latest cellular network technology-
5g and experts and non professionals have been waiting for
a long time. Although the global 5g coverage is expected
to be implemented in 2020. Some companies have begun to
implement their own plans. For example, Verizon has
announced that it has achieved 5g coverage in about 19
cities in the United States and more coverage will be
achieved by 2020.
If 4G long-term evolution technology is great, 5g is
even greater: newer network technology can transmit data
at a rate of up to 10GB per second, while 4G is 100MB per
second. 5g will ensure faster network speed, lower latency
and greater networking device capacity.
23
These advantages make IOT devices the beneficiaries of
this new technology, especially smaller and low-power
devices. Faster speed means faster data transfer over the
network. In addition, the excellent connectivity of 5g
means that more IOT devices will benefit from it.
Internet of things technology allows physical objects
in daily use to connect to the Internet and transmit data
through algorithms to better serve users. The world has
seen a surge in smart devices such as televisions,
furniture, vacuum cleaners and air conditioners.
Smart home already exists and it's completely
operated by built-in algorithms. The Fraunhofer Institute
estimates that the potential savings for smart homes are
40% in terms of heating costs. This goal applies to both
families and industry.
The concept of smart city is not far from being
realized. The dream of smart city is not just to reduce
emissions and energy costs. McKinsey estimates that smart
city can shorten commuting time by 15%-20% and emergency
service response time by 20%-35% with the help of smart
road. As mentioned before, 5g will provide a powerful way
for these smart homes, smart cities and more smart devices
to realize their real potential.
24
Once intelligent devices, especially low-power devices,
have a development platform and the Internet of things will
get a huge impetus. Because it will be more convenient to
operate these devices, there will be more devices and even
more people willing to use them. The world is reaching a
point where without the Internet, it will be very
difficult for individuals to live. In fact, the United
Nations has declared network access a human right since
2016.
However, although the combination of 5g and the
Internet of things has proved to be happy. There are still
reasonable concerns, especially in terms of security and
privacy, which is the use of blockchain.
Today, many people know about virtual currency, such
as bitcoin, Ethereum, swisscoin, litecoin, TAC and etc.
But only a few people have really mastered the technology
behind it: blockchain. Blockchain is a decentralized
database platform for storing linked transaction data
blocks, hence its name.
The decentralized nature of blockchain means that it
can resist most security problems. Compared with the
traditional client server system, its advanced encryption
provides more powerful anti-hacker protection. And that's
why it's very safe to use virtual currency for online
transactions and payments.
25
The Internet of things and 5g have great potential
together, but they can only be realized by injecting
blockchain technology. While 5g provides connectivity
coverage for IOT devices and transactions, blockchain
processes security and ensures protection of user and
transaction data. In fact, this Trinity will be very
powerful, because each part will strengthen the other.
With the introduction of blockchain, skilled network
will be greatly promoted. Earlier this year, a Chinese
doctor used a robot to perform the world's first 5g remote
operation on a patient thousands of kilometers away.
As we see a significant improvement in global
healthcare services, more of this is expected to happen.
For obvious reasons, security in this area is crucial -
and implementing blockchain in healthcare will make remote
processes more secure.
In addition, the expected large-scale adoption of 5g
driven intelligent devices means that blockchain will have
more data than ever before, which greatly promotes the
globalization of technology.
26
However, a blockchain that has to deal with more data
is likely to lead to scalability issues. The technology
stores transaction data in blocks linked by chains and it
takes about 10 minutes to build each block - what happens
when more data needs to be processed and processed? The
result is a large increase in block size, resulting in
more response time.
In conclusion, although 5g provides speed for IOT
devices, the integration with blockchain may actually slow
down data and transaction processing. This is the expected
challenge of integrating 5g and the Internet of things
into the blockchain, and the specific solution seems not
obvious. Perhaps 5g speed or better cellular technology
will balance this slower processing speed.
Now the development of 5g and the Internet of things
is unstoppable, so we urgently hope that engineers and
developers can find a way to solve or bypass the problem
of blockchain scalability, so that these 3 technologies
can play their consistent maximum potential.
27
GISC system architecture is composed of IOT layer,
interface layer, main chain, contract layer and service
layer.
28
Description of system architecture:
• IOT layer:
GISC will cooperate with IOT to build a cooperative
state chain on the premise of improving terminal value
and sharing interests.
• connecting layer:
GISC provides a series of intelligent cores, SDK and
APIs to help developers connect blockchain and build
decentralized applications.
• main chain:
The main chain of GISC optimizes the DPOS consensus
29mechanism to improve the performance and can be fully
fulfiled the concurrent environment of Internet of things .
• contract level:
Intelligent contracts should be used in the field of
IOT to realize business contracts. According to the
different scenarios, the intelligent contract module that
can execute the preset logic can be added selectively.
• service level:
Developers can develop and submit DAPP according to the
development rules and commercial rules of the platform and
relevant specifications.
IA is built on the basis of special safety core. The
structure diagram is as follows:
30
IA adopts special safety core as the basic design and
implementation, which provides better safety and
performance. IA adopts special safety core as the basic
design and implementation, which provides better safety
and performance power consumption characteristics. The
shape scale can also achieve better, which is more
conducive to system integration. The hardware level
trusted computing system provides the whole trusted level
of shared network, which provides a reliable basic
guarantee for the development of shared network.
GISC concatenates the whole state through giscagent.
Each GISC node has one and
There are only one GISCagent ( hereinafter referred to
as IA ) built on a dedicated smart core. The crucial
functions of IA include: node authentication, node asset
management, service measurement and distribution control,
service price evaluation and service billing and
settlement. GISC connects these nodes through IA to
realize shared value exchange.
31
• node authentication
IA certifies the validity of the shared node. IA as a
security unit of sharing network authentication. This
network has the basic legitimacy of sharing network grant.
At the same time, for the nodes with the nature of
electrical information equipment, IA also undertakes the
function of identifying the legitimacy of the node related
equipment system.
• node asset management
IA is responsible for receiving, paying and keeping
the digital currency assets of nodes and starting the work
of electric wallet. IA is also responsible for managing
other assets owned by this node in the shared network,
such as data asset information stored in the shared
storage, shared service information being provided to the
outside world and etc.
• service description
32
IA represents the node to provide the shared service
information provided by the node to the shared network,
including service type, service definition, etc.
• matching transactions
IA provides service quotation to the shared network on
behalf of the node, including supply quotation and demand
quotation and coordinates the matching transaction based
on platform trading price and service counter price within
the scope of fair rules and in the principle of favorable
to platform trading.
• service measurement and distribution control
IA cooperates with the sharing network to accurately
measure the services provided or received by this node,
recording the unsettled service measurement information
and coordinating the process and steps of providing or
receiving services by this node. For example, in the
process of sharing storage services, data transmission
coordination, confirmation and regular health inspection
of data stored in this node and other tasks.
• billing
IA manages the settlement and transfer of fixed payment,
installment payment, balance payment and other matters
based on the established matching transaction contract.
33
GISC chain adopts DPOS as its consensus mechanism
and improves and optimizes it. It does not need to consume
additional calculation to realize the rights and interests
distribution after the block. It can also dynamically
determine the execution result of the smart contract
verified by the agent or all nodes according to the
transaction status of the network.
GISC chain regards the issuance of token as an
important economic segment of community incentive and
consensus mechanism. Holding token can not only obtain
basic services of blockchain such as contract issuance,
network fork, but also participate in voting and become a
proxy node to provide services and obtain token reward.
The holder of each token is called equity and the
corresponding voting weight is allocated according to the
number of tokens. The proxy node is selected by the equity
vote. The first 99 agents with the largest number of votes
take turns to verify transactions and the order is
determined by all agent nodes together to ensure that
the process is not tampered with. If an agent works normally,
he or she can gain profits. Otherwise, if he or she works
abnormally or not, he or she will be punished.
After optimization, the consensus mechanism can
further improve the network transaction capability. For
34
At the same time, GISC supports IOT-Coin agreement. Each
publisher can issue its own token based on this agreement.
example, for some smart contracts with long execution time
or internal state space occupying a relatively large
proportion. The agent packs only the hash value of the
resulting transaction, which is verified by all nodes.
While the full smart contract is verified quickly, it also
reduces the congestion of the whole network. In addition,
GISC provides complete intelligent contract. IOT
providers can publish their smart contracts and build
value-added services based on them.
With the help of modular design tools, we abstract and
simplify the blockchain. By building a modular virtual
machine, Lua virtual machine ( hereinafter referred to as
LVM ), we can run a intelligent contract. Such a design
can bring two benefits. The first one is to optimize LVM
performance to directly improve contract execution
efficiency and reduce
35disturbance factors brought by system coupling. The second
one is to weaken the correlation between blockchain and
intelligent contract operation state, even if contract
execution is in trouble or virtual machine operation is
abnormal and the stability of blockchain operation can be
guaranteed.
The interaction with the terminal is to make the IOT
equipment collect the data of the physical world and the
active world. GISC believes that the data owner is the
only one who owns the data and advocates to return the
data ownership and income right to the data owner. Data
production, storage and transaction all need to be
authorized by the user and the user's privacy is protected
by distributed storage technology. Users have the right to
enter the pricing transaction for data. The GISC data
asset platform provides matched data resources for data
demand through data analysis technology and the demand can
be enabled after it passes the token payment and obtains
the consent of users. GISC data asset platform aims to
improve the value of data and return the value of data to
customers.
Take the scenario of vehicle terminal as an example,
the data such as the number of journeys and places that
the user can produce every day are recorded on the main
36chain after the user authorizes and agrees. Users can get
token as reward. The data asset platform integrates
resources based on these data for data analysis and
ensures that the data is true and effective. After
analysis, the data can provide data services for loan and
insurance. It needs to pay a fixed number of tokens to
the data provider, that is, the data provider. It will
greatly shorten the process of building trust between
customers and enterprises, and improve the efficiency of
cooperation.
37
DAPP is our customer-oriented service product, which
can be used by IOT industry partners to carry out business.
As long as you have a wallet, you can easily access these
services.
Users can create transaction services and set
transaction terms and receive payment. The buyer can view
and obtain the service information according to the
demand and can make the token ( including GISC ) held by
the service to purchase the service.
DAPP will provide full-featured services, all our
codes, protocols and specifications will be open-sourced.
We hope that other people extended codes so that they can
create more applications.
38
GISC provides a decentralized blockchain technology
platform for IOT intelligent terminals to realize data
value sharing. GISC makes giscagent intelligent core,
aiming at the problems of idle resources and difficult to
materialize of current intelligent terminals and enabling
39
token mechanism to activate the enabling value of products
and the sharing state of data. GISC foundation will form a
sharing and cooperation alliance and support various
hardware and software equipment, development agreement,
third development team, and constantly implement GISC in a
more general response scenario.
Previously,GISC has carried out“state cooperation”
with many categories of suppliers, including routers,
machines, air purifiers, AI boxes, etc.
IOT digital currency asset development:
For different IOT platforms or enterprises with new
digital asset publishing needs, GIT coin, a kind of smart
contract issued by GISC assets, can quickly publish
digital currency and should be put into business.
40
With the development and popularization of cloud
computing, deep learning and blockchain technology,
people's demand for computing becomes more and more urgent.
More and more enterprises expand the computer room
horizontally to increase the operation.
In fact, there are also kinds of calculations that are
wasted in part of our time. These calculations can come to
every one of us. The necessary electrical equipment in our
life is a computer, and even an intelligent machine. These
intelligent devices are often used to achieve 100%
performance in 90% of the time. In contrast, if we can
make this 90% idle computing work, it will be a very
40
strong computing resource.
GISC is connected to the whole state through
intelligent core in series and each smart core installed
on the smart terminal is a unique node. These intelligent
terminals are linked through GISC chain to realize the
exchange of shared value.
Take the terminal of intelligent imaging equipment as
an example. The device is equipped with various sensors,
spherical sensors, equipped with sensors such as
temperature, humidity, light, pressure, ultraviolet and so
on. It can measure the real-time situation of simultaneous
interpreting. After the user purchases and changes the
equipment, he can start shooting the real-time sky
condition map. What's more, users can share these pictures
through various channels, and become the iconist among
their friends. As long as you want, you can post real-time
41
GISC plans to reach a strategic cooperation with the
equipment providers through accessing to meteorological
equipment terminals and calculating user’s shared data
value to realize token returns.
daily status via Wechat, Weibo or Email. The whole sharing
process is often simple.
This is a kind of resource sharing driven by pure
interests and hobbies. Users send data from sharing
terminals, but they don't get obvious reward mechanism,
resulting in the frequency of data sharing. The frequency
of data sharing is not active. Therefore,it does not
have the final effect of sharing.
The blockchain based on intelligent contract
includes transaction processing and saving mechanism, as
well as complete state machines, which accept and process
various smart contracts and transaction state processing
and saving are completed on the blockchain. After the
transaction and event information are transferred to the
smart contract, the resource status in the contract
42
resource collection will be updated and the intelligent
contract will be triggered to enter the state machine
judgment.
Taking the case of intelligent terminal transaction in
parking lot as an example, taking the case of contract
defined by GISC, both the parking gate and the vehicle
hold the intelligent contract mechanism and the gate
control device can initiate the parking charge information
in the blockchain and in the number of paid tokens. The
vehicle can move and Park the control device to enter the
token settlement transaction, the whole process is fast
and effective and the transaction information is recorded
in the chain. Up. As an intelligent terminal, the vehicle
book can also obtain token rewards through other contract
terms, such as the data owned by the transaction vehicle
book, thus forming a positive token
circulation state cycle.
43
• August, 2019
GISC Project start
• October, 2019
Release of GISC intelligent hardware blockchain “state”
case
• November, 2019
GISC eco mall release
• January, 2020
Intelligent core giscagent release
• March, 2020
Release of intelligent hardware product cooperative
solution plan, reach strategic cooperation with
multiple intelligent hardware vendors, and promote
multiple GISC cooperative products
• June, 2020
GISC Chain Beta version was released online
• August, 2020
GISC Chain wallet client is online
44• October, 2020
GISC Chain supports release and adjust with
intelligent contract and support IOT-Coin
Agreement
• December, 2020
Data asset platform goes online and support data contract
transaction.
• May, 2021
To form an integrated IOT blockchain, we should solve
the problem and expand the network.
45
GISC will cooperate with IOT to build a cooperative
state chain on the premise of improving terminal value
and sharing interests.
46
GISC is a bidirectional coin of ethereum 2.0 and a
block chain 3.0 technology. GISC Token is a basic
certificate of cryptographic certificate of virtual
circulation established within the ecology. In the GISC
ecology, all data stored on the GISC platform are
effectively confirmed and capitalized, and GISC is the
specific bearing form of the value circulation of these
data.
No matter any behavior of users within the ecosystem,
GISC is required to be the only encryption card
circulating in the system. At the same time, GISC system
infrastructure construction and maintenance, related
technology research and development, operation and
promotion, and other inputs, all with GISC as the core
incentive mode.
47
Before the public chain of GISC itself was established,
the issuance of GISC was based on the ERC20 protocol
intelligent contract of ethereum, with a total of 180
million, and the number would never increase after the
issuance. During this period, the circulation of GISC
took place on ethereum.
After the development and deployment of GISC's own
public chain is put in place, the GISC foundation will
select the appropriate time window, coordinate the users
in the ecology and relevant exchanges, unify the action,
and map the GISC on ethereum to the GISC itself.
Thereafter, all GISC circulation will operate on the
GISC public chain. Benefiting from the high performance
and low loss characteristics of GISC public chain, GISC
circulation on the public chain will become more
convenient and low-cost. At the same time, GISC public
chain also supports a strong intelligent contract system,
on this basis, can build a variety of complex business
models and business forms around GISC.
48
The token of 5g IOT space is named GISC. The global
total number of tokens issued is 10 billion. The
distribution plan of GISC is as follows:
15% - the early circulation, which is used for GISC
market operation and operation promotion. The utilization
of this part of capital on a regular basis.
30% - the foundation. It will be based on the
subsequent development of the foundation. According to
the bonus time and contribution score, the participants
will be rewarded with 24 bonus points.
15% - the team. Team pays for the maintenance of GISC
technology and operation development, and issues GISC in
return. This part of token will be locked by smart
contract and unlocked in 12 pieces.
40% - the mining. It used for in GISC state system.
49
• GISC token of GISC is based on a variety of
• intelligent hardware in the GISC shared state
alliance, relying on the digital assets of GISC chain.
• Through GISC token, users are encouraged to make
intelligent hardware devices and share idle resources of
devices. At the same time, users can obtain various
services such as exchange, function upgrade, value-added
and content of intelligent hardware products from GISC
state partners through GISC token.
• With the increasing number of distributed nodes,
the value of GISC network will become more and more
important, and finally build a blockchain
Intelligent equipment alliance.
50
50
51
52
53
GISC global ecological fund is a blockchain “master
fund” with GISC global ecological investment as the core,
which manages the financial assets in the blockchain field.
Founded in Singapore in 2019, it is mainly engaged in the
ecological construction in the blockchain field with GISC
global system as the core, GISC global ecological
investment, as well as the issuance and management of fund
financial products, media information, blockchain IPO,
equity investment and Tongzheng economic research is the
world's first “master fund” to lay out the whole
industrial chain in the upper, middle and lower reaches of
the blockchain.
GISC global ecological fund focuses on high return
cash flow investment projects, invests around the
construction of GISC ecosystem, and strictly controls the
planned investment projects from the perspective of
business model, underlying assets, founding team, industry
stage, etc.
54
Its investment orientation is three major directions:
1. Blockchain projects with high cash flow returns;
2. Focus on the project investment with GISC ecology
as the core, and improve the construction of GISC
ecosystem;
3. Focus on value investment projects of blockchain +
financial industry.
The strategic objectives of the GISC global ecosystem
fund will be divided into two phases:
The first stage: build a blockchain industry IOT
ecological alliance with GISC global as the core;
The second stage: will be committed to building a
decentralized asset circulation network.
In the future, GISC global ecological fund will
continue to incubate digital asset financial ecology. At
the same time, it will continue to incubate digital asset
comprehensive trading platform and other upstream, middle
and downstream whole industry chains to take GISC as the
only economic token of GISC ecology and continue to give
full play to the ecological momentum, build the world's
first digital asset whole industry chain ecosystem, enable
the value circulation of blockchain as well as reshape the
global 5g Internet.
55
This document is only used to convey information and
does not constitute an opinion on the sale of GISC. Any
similar proposal or levy will be made under a trustworthy
term and permitted by applicable securities law and other
relevant laws. The above information or analysis does not
constitute an investment decision or specific proposal.
This document does not constitute any investment advice,
intention or solicitation in the form of securities. This
document does not constitute or understand to provide any
trading behavior, any invitation to buy or sell any form
56
of securities, nor any form of contract or commitment. GISC
clearly indicates that the interested users clearly
understand the risks of the platform. Once the participants
participate, they will understand and accept the risks of
the project and are willing to bear all the corresponding
results or consequences.
Many digital asset exchanges have been shut down
because of security issues. We attach great importance to
security, but there is no absolute sense of 100% security
in the world, for example, all kinds of losses caused by
force majeure. We promise to do everything possible to
ensure the safety of your transaction. Before participating
in this project, you must carefully read the GISC project
white paper. You should not participate in the GISC project
unless you fully understand all the contents of the project
white paper, the project vision and the risk of failure.