4. Functions & Technologies
Last updated
Last updated
Advanced Blockchain Technology: A high-TPS, low-latency, and low-Gas fee solution ensures stable platform operation even under high-concurrency scenarios.
Deep Integration of AI and IoT: AI-driven data analysis optimizes asset management and risk control, enhancing overall platform efficiency.
Seamless Hardware and On-Chain Integration: The application of self-developed IoT chips ensures data authenticity and security, while providing robust hardware-level support for asset digitization.
The system consists of three main components: Asset Trading Platform, DePIN Middleware, and DePIN Chip, each serving a critical role:
Asset Trading Platform: Manages the issuance, trading, and staking of RWA assets, offering an intuitive user interface and efficient asset management tools to ensure seamless user participation in asset circulation.
DePIN Middleware: Acts as a bridge between physical devices and the blockchain, guaranteeing data authenticity and transparency while enabling trustworthy on-chain and off-chain data interactions.
DePIN Chip: Ensures data security on IoT devices, supporting hardware-level encryption and blockchain integration, providing a foundational layer of security for asset digitization.
Function Overview
The platform is designed to handle the sale, purchase, and staking of assets bound to RWA, providing an intuitive user interface and efficient asset management tools for seamless user interaction.
Asset Issuance: Utilizing smart contracts to mint assets, enabling their binding to real-world assets (e.g., ownership or usage rights of devices). This ensures on-chain proof of ownership and trustworthy circulationof assets.
Asset Trading: The platform integrates decentralized exchange (DEX) functionality, allowing tokenized RWAs to be freely traded. It supports various trading models, including auction-based, fixed-price, and P2P transactions, catering to different market needs.
Smart Contracts & Blockchain Records: Transactions are fully automated through smart contracts, ensuring seamless asset ownership transfers without intermediaries while maintaining RWA authenticity and regulatory compliance.
Staking Mechanism: Users can stake their assets into specialized staking contracts, earning rewards while increasing asset utilization.
Key Technologies
Smart Contracts: Enable automated minting, trading, and staking, ensuring on-chain binding and ownership transfer of RWAs.
Blockchain & DePIN: Securely record transaction data on a decentralized network, enhancing transparency, security, and asset credibility.
IPFS (InterPlanetary File System): Utilizes a distributed storage solution to ensure persistent transparency of device metadata and historical records, making asset information fully traceable.
Decentralized Trading Module: Integrates NFT marketplaces and DEX functionalities, supporting various trading mechanisms and cross-chain asset circulation, increasing transaction flexibility.
DeFi Mechanisms: Implements staking, liquidity mining, and other incentive models to encourage user participation, enhancing asset liquidity and market activity.
Function Overview
The DePIN Middleware is responsible for integrating and managing decentralized physical infrastructure network (DePIN) devices (such as IoT devices and edge nodes). It facilitates data collection and on-chain recording, ensuring authenticity, transparency, and immutability. As a bridge between the physical world and blockchain, the middleware enables efficient resource allocation, data validation, and token incentive mechanisms, fostering trust and value circulation in IoT assets.
Device Integration & Management: The DePIN Middleware connects physical devices (IoT devices, edge nodes) with the blockchain network via SDKs and APIs, enabling data collection, transmission, and on-chain recording. A decentralized identity (DID) mechanism, combined with public-private key authentication, ensures device legitimacy and prevents unauthorized access. The system supports device registration, status monitoring, and real-time data queries, ensuring transparent and traceable device operations.
Data Collection & Processing: Edge computing nodes preprocess device-generated data (e.g., noise reduction, compression, anomaly detection) to reduce blockchain storage load, standardize data formats, and enhance cross-platform compatibility and on-chain efficiency.
On-Chain Data Recording: Leveraging high-performance blockchain technology, smart contracts record key data (e.g., device operational status, transaction records) to ensure data integrity and auditability.
Key Technologies
Blockchain: Smart contracts (written in Solidity) handle data notarization and automated execution, ensuring data security and transparency.
Distributed Storage: IPFS or Filecoin stores large-scale data, ensuring decentralized storage and long-term accessibility of device information.
Real-Time Optimization: WebSocket or message queues (e.g., Kafka) improve data transmission efficiency, enabling low-latency, high-throughput data interactions for real-time applications.
Function Overview
The DePIN Chip ensures data security at the IoT device level, safeguarding data collection, transmission, and storage integrity and privacy. It provides hardware-level support for trusted on-chain data.
Hardware Design: Integrated with an embedded security module, the chip supports hardware-level encryption, enhancing data protection. A low-power microcontroller unit (MCU) is used for long-term IoT operations, along with wireless communication modules (Wi-Fi, BLE, LoRa) for stable device-to-platform connectivity.
Data Security:
Data collection is secured via private key signing, ensuring data authenticity and preventing forgery.
End-to-End Encryption (E2EE) protects against man-in-the-middle attacks, ensuring secure data transmission.
Each chip has a unique Device ID, which is linked to a blockchain-based DID for decentralized identity verification.
Blockchain Interaction:
The chip supports a lightweight blockchain client, allowing it to generate and sign transactions before sending them to the IoT platform for on-chain notarization.
Built-in hardware-level hashing enables real-time fingerprinting and on-chain recording, ensuring data immutability.
Key Technologies
Encryption Algorithms: Uses AES-256 for data encryption and ECDSA for digital signatures, ensuring data confidentiality and integrity.
Low-Power Design: Optimized for power efficiency, extending device battery life for large-scale IoT deployments.
Firmware Updates: Supports OTA (Over-the-Air) upgrades, ensuring chip functionality remains adaptable to future security demands and technological advancements.
