Jacs.tech Ico Review : Just Another Communications Stack

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jacs.tech

About Jacs.tech

Jacs.tec Just Another Communications Stack aims to change the way data networks currently work It is the result of combining two technologies: blockchain and Connection-Less Network Services (CLNS), with its 160-bits ISO NSAP addresses JACS provides a new communications stack that is totally different than TCP/IP.

ICODETAILS
Token NameJacs.tech
LangugaeEnglish
Token SymbolJACS
Token TypeERC20
Decimal 18
AcceptingETH, BTC, USDT
BonusAvailable
Token FunctionUtility token over JACS Platform
Platform Ethereum dApp then native JACS blockchain Q1, 2021
Soft Cap$4.5M 
Hard Cap$45M
Token Supply 536,870,912 (2^29: 2 to the Power of 29)
WebsiteHompage

The Challenge

There are many drivers behind the need for JACS, namely IPv4 address depletion, centralised address allocation (for both IPv4 and IPv6) and Internet routing security. The burgeoning world of the Internet of Things (IoT) and imminent global rollout of 5G require a huge number of Internet global addresses to be allocated rapidly and cost effectively.

Previous Attempts

IPv6 and others (IPv9) to overcome the IPv4 address depletion. TUBA: TCP and UDP over Big Addresses .Blockchain-based initiatives to decentralise address allocation, like InBlock. Blockchain-based platform: IPchain for validating route origin, securing the Internet routing system and preventing BGP hijacking.

Smart Contracts

The phrase smart contract was first coined by Nick Szabo. It refers to the verification, monitoring and execution of contracts including transfer of money using a software implementation. While it is possible to implement certain simple smart contracts in the original Bitcoin protocol, Ethereum was the first open Blockchain to be explicitly designed with programmability of smart contracts in mind.

Background

Jacs.tec Ever since mobile phones started providing data communication services, it was inevitable that access to information anywhere, anytime will become a commodity They bare now in the IoT and 5G era where everything communicates at extraordinary speeds .Blockchain is the technology platform that provides decentralisation within its fabric and enables the rise towards the Internet 3.0. The founders of JACS have been working in the ICT industry for over 20 years delivering global, multi-million dollar, data communication projects. They have participated in multiple, successful startups and aspire to revolutionise how the Internet currently works.

Video

Vision

Jacs.tec enables Web 3.0 evolution by providing a decentralised data communication stack that allows existing distributed applications and services to operate and develop so as to achieve the realities of the future Allowing the inter-connectivity of every grain of sand on the planet and even beyond.

The Main Team

Mohamed.png
Mohamed El- Dessouki – CEO & FOUNDER

Technology

Jacs.tec With a decentralised, blockchain based, communications stack there will be no single top authority and no regional or local authorities. Global unique addresses will be assigned and administrated over blockchain, thus fulfilling all general guidelines like administrative decentralisation and data abstraction, plus hardening the security of the Internet routing system
Most importantly, there will be no maintenance or recurring renewal fees for blocks of addresse.