ATHERO patform is created by the combination of the latest innovative technologies which are the blockchain technology and the INTERNET OF THINGS (IOT) to bring about a new era and growth of the general commerce. Apart from the enormous potentials and the importance of these two technologies, they are also a lucratively growing industry.
The blockchain technology has the potential to revolutionize every sphere in our life. Digital currencies were the first ever application of blockchain technology, arguably without realizing its true potential. The real benefits of blockchain were realized with its possible application in many different industries. Since then a number of use cases of blockchain technology in different industries have been proposed including but not limited to finance, the Internet of Things, digital rights management, government, ecology, transport, and law. Blockchain Compared with traditional database technologies and centralized systems, blockchain implementations can be relatively cheap and require considerably less IT investment to maintain. The crypto market was worth more than $300B market cap in Dec 2017.
Internet of Things (IoT) on the other hand is one of the fast growing technologies in recent times with its enormous advantages of bringing about smart connections. It is a network of various interconnected electronic devices such as traffic system, smart phones, laptops and sensors with interact and exchange data with eachother. IOT make it possible to manage all the interconnected devices easily from anywhere.
A common example is using your smart phone or remote to turn on/off your AC or TV at home from your office or any other location or where wardrobe can suggest for you the cloth to wear. All these are the potentials of the IOT. It also has a net worth value of $170.57 billion in 2017 and estimated to reach about $561.04 billion by 2022.
The ATHERO platform emerges to unlock the various Potentials of the Internet of Things. The ATHERO ecosystem (THO chain) securely incorporates the blockchain technology with Internet of Things (IoT) to bring about a decentralized and trusted brand-new distributed INTERNET OF THINGS network systems. The chain being created by the ATHERO ecosystem will reduce operational cost of system interconnection, increase the value and authenticity of data sharing, and ensure user privacy and system security.
The ATHERO platform (THO Chain) has being created with all the needed infrastructures to bring about an ecosystem which is highly scalable, well secure and encrypted and will as well integrates real-time solutions that blockchain solve in the Internet of Things industry. By combining the different technologies: blockchain, Internet of Things, the finance and distributed encryption storage and computing, ATHERO ecosystem (tho chain) will builds a new generation of high efficient Internet of Things. This combination can provide entire solutions and enchance the growth and authenticity for devices interconnectivities, data acquisition, sharing and many more applications in the IoT industry.
The current network which connect many things i.e IOT devices has shown a limitation on how these various devices connects to each other, the insufficiency in exchanging data between them and the long time taken during the processes is as a result of the current models which involves intermediaries such as IoT gateways and filters.
The ATHERO chain will put an end to this by creating a pioneer model where users in the new IoT system can dynamically develop data authorization mechanisms and interaction between the connected devices. The integration blockchain technology will bring the Changing roles that will attract many more participants, reshape market by increasing the efficiency of the industry and create will entirely new business models.
The ATHERO PLATFORM does not emerge to provide a single function. It will use the potentials of the blockchain technology to easily interconnects various device, and also enables devices to interact with each other autonomously. The ATHERO blockchain will create a secure cloud infrastructure for developers to integrate their proposed decentralized application known as Dapps. Dapps are blockchain embedded software program which is not controlled by any central body. Thus, the ATHERO platform will create a portal where there will be flow of data between the various connected devices. The data will be made open but secured at the user’s disposal.
THE ATHERO TOKEN ECONOMY.
Athero has built it's token on the Ethereum blockchain. The token name is ATHEROTOKEN (THO) and it will serve as the native token to run across the ATHERO ECOSYSTEM. The token will be use to perform all the various transactional aspect of the platform. There are 2,000,000,000 THO tokens in existence and no more tokens will be issued after the Token sale period is over.
Token Symbol: THO
Ico Start date : September 20, 2018, Saturday, 11:00 AM (GMT)
End date: January 20, 2019, Friday, 11:00 AM (GMT)
Soft cap: $18,000,000
ico price rate: 1 THO = 0.04 USD
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