IOVO: First Decentralized Human Value Blockchain Network.

INTRODUCTION

Thе mоѕt prominent оf these dаtа gеnеrаtіоn mеаnѕ аrе the web-based social networking рlаtfоrmѕ аnd thеіr mеѕѕеngеr аррlісаtіоnѕ. These platforms еnсоurаgеѕ the uѕаgе оf their innovation of data ѕhаrіng by uѕеrѕ wіth еnоugh bаndwіdth ореrаtіоnѕ fоr frее and in rеturn, keep the ѕtоrаgе ассеѕѕ оf thоѕе dаtа in lаrgе ѕtоrаgе ѕіlоѕ. The рrосеѕѕ wаѕ an extremely ѕuссеѕѕful оnе аѕ social mеdіа has grоwn so much tо bесоmе a way оf lіfе fоr their uѕеrѕ. An extremely gооd еxаmрlе is thе Fасеbооk platform, wіth millions оf uѕеrѕ асrоѕѕ thе glоbе. Clients hаvе thе capacity of ѕhаrіng thеіr lіfе styles, their wоrk аnd even аdvеrtіѕе thеіr buѕіnеѕѕеѕ. Facebook hаѕ turned out to be so рорulаr thаt еvеn gоvеrnmеnt оffісіаlѕ frоm ѕеvеrаl nations nоw utilize іt for thеіr race саmраіgnѕ and іn attempting tо gеt thеіr mеѕѕаgеѕ crosswise over tо ѕеvеrаl clients. Eасh of thеѕе Facebook posts аlѕо аttrасtѕ clients tо respond wіth еіthеr a lіkе or tо ѕhаrе thеm furthеr, ѕо muсh thаt thоuѕаndѕ оf асtіvіtіеѕ are dоnе іn Fасеbооk bу the ѕесоnd. Thе fасt thаt thе author оf Facebook is оnе оf the rісhеѕt mеn іn thе world bасkѕ thе fасt thаt іt іѕ a vеrу роwеrful аnd rewarding internet based life рlаtfоrm. The Twіttеr іѕ аlѕо another ѕосіаl mеdіа organize that аllоwѕ utilizations to share their thоughtѕ, bоth іntеllесtuаl, social оr оthеrwіѕе. Juѕt lіkе the Fасеbооk, it draws in uѕеrѕ tо respond tо еасh twееt wіth either a lіkе оr a rеtwееt. Cеlеbrіtіеѕ аnd gоvеrnmеnt аgеnсіеѕ frequently uѕе thеm as a ѕоurсе оf раѕѕіng mеѕѕаgеѕ tо оthеr clients, whеrevеr thеу mау bе іn thе wоrld and juѕt lіkе Fасеbооk, it аttrасtѕ lоtѕ оf rеvеnuеѕ fоr thеіr оwnеrѕ. Onе thіng moved toward becoming еvіdеnt wіth online networking рlаtfоrmѕ; thеіr dеvеlореrѕ mаkе heaps of income running іntо bіllіоnѕ оf dоllаrѕ lеvеrаgіng trіllіоnѕ of dаtа frоm uѕеrѕ іn thе рlаtfоrm. This shows the dеvеlореrѕ оf the Sосіаl media systems profit frоm thеіr dаtа whіlе glаrіnglу lеаvіng thе uѕеrѕ of thе рlаtfоrm out оf thе cash turning condition. Imаgіnе if Fасеbооk, where thеіr dеvеlореrѕ gеt publicizing income frоm uѕеr gеnеrаtеd content оn thеіr platform, dесіdеѕ to rеwаrd thеm for their innovativeness аnd раrtісіраtіоn, parts оf clients wоuld have bесоmе free financially through thе mоnеtіzаtіоn оf thеіr оwn data. Thіѕ dаtа accumulating gоеѕ on unknоwn tо thе clients оf thе ѕосіаl mеdіа platforms, who аrе аmаzеd аt thе new tесhnоlоgу before thеm to bоthеr themselves аbоut dаtа rights. Thіѕ illicit dаtа hоаrdіng wаѕ thе mоtіvаtіоn bеhіnd thе IOVO рrоjесt, dеѕіgnеd to hеlр uѕеrѕ mоnеtіzе thеіr produced data reasonably аnd еffісіеntlу.

The Blockchain innovation has made bunches of chances and achivement , tackling each undertaking problems and making extraordinary improvement which influenced organizations and businesses to embrace this innovation. As far back as the utilization this innovation has been getting more grounded to taking care of problems. The Blockchain innovation has demonstrated that it doesn’t have limit to what it can perform which has made this innovation the best human has ever observed. Like I generally say the Blockchain innovation is digging in for the long haul.

Be that as it may, before the presentation of Blockchain ,conventional technique and centralization has been what was utilized in performing errands which has indicated parcel of disservices which incorporates frailty, moderate transactions,high cost and absence of trust. This problems has made errands diverse before the advancement of Blockchain. Has we as a whole realize that the Blockchain is getting it route slowly to enhance each errand yet hasn’t gotten into Data platforms. Every online platform today still use concentrated technique to store clients data. Data is an essential piece of each Internet clients since it contains each critical data and individual insights about clients which ought to be kept exceptionally anchored and not to be given to any outsider but rather because of the lack of quality of the unified techniques utilized by online data platforms data are stolen by hakers without clients or even the data platform knowing. Some online data platforms likewise pitches clients data to outsiders without the client information to gain themselves enormous cash.

Data misfortunes has made parcel of online clients misfortune access of their keeping money subtle elements, passwords, delivers , contacts and so on to outsiders which has made feelings of trepidation and harms to clients. The majority of this has influenced part of clients to erase their data from brought together online platforms. Has seen that the Blockchain innovation is the path forward to guaranteeing security , straightforwardness et cetera this is the reason IOVO has manufactured it innovation on the Blockchain to present decentralized data platform which will guarantee people data security.

THE IOVO DATABASE

IOVO (Internet Of Value OmniLedger) is a worldwide open system database for the capacity and exchange of data dependent on every conceivable kind of quantitative esteem resources. IOVO is the plain initially decentralized online platfom expect to give singular full access, control and security of data. IOVO is utiling the DAG (facilitated non-cyclic outline) to fathom the issue of security of people data and different problems confronting the present data platform. This strategy has the capacity to gather, store and secure clients data which is actualized to the application dependent on the IOVO DAG. The DAG has been worked to deal with each assignment performed on it to work distributedly which can’t upset the system insofar as normal of the hub is been used. The DAG additionally secure clients data in which clients data can’t be gotten to by outsiders without the clients concents. This has been a noteworthy problem in the current online data platform which outsider can undoubtedly get clients data without them knowing and has prompt parcel of misfortunes, for this situation IOVO is utilizing it innovation to securely anchor clients data and furthermore enabling clients to know whether they need to share a specific information,with this current client’s data won’t be holes to outsiders and will be completely ensured. Decentralization has made parcel of supportive advantages to people and has enabled people to just control their errands, using decentralization in data administration will enable people to have more access and power over their data which is a component IOVO has adjusted, this will make IOVO a one of a kind online data platform. This system give people the full responsibility for data.

IOVO – THE Internet of Value Omniledger platform hopes to wipe out the problems caused by esteem possession, that of cash and data, back to the person who takes an interest. The platforms decentralized system database has various decentralized dApps, permitting the member the most advantage and reward from their utilization. IOVO have seen that the eventual fate of the Internet is set to be controlled in a larger part based mold by DAG (coordinated acrylic diagram) innovation and blockchain innovation, and through the platform, clients will have the capacity to hold their incentive at an individual dimension as well as inside the more extensive network also.

According to IOVO, data is inherently and overwhelmingly the base of humanities esteem and the design that holds the key for any further inside the worldwide internet advertise. IOVO express that as Agricultural markets and Industrial markets have just turned out to be computerized and the administration commercial center has moved toward becoming what they term as ‘democratized’, implying that the requirement for the social and humankind based future to be protected and secure, and to be sure legitimate and profitable, is amazingly critical. The requirement for a completely straightforward, decentralized, firm and intelligible system for in which to gather and gather data, store said data and deal with the whole ecosystem is at the front line, and IOVO has the correct solution. Using the route on which calculations presently work, and transforming them to guarantee that the human esteem factor is by and by imperative, altering the manner by which the blockchain and cryptocurrency based internet are heading.

The DAG innovation that IOVO use will work as a platform that an assortment of uses can work under. The platform itself will gather, examine, store and secure member data inside the applications utilized on the platform, and all helped by the whole client based substance tasks. Members will have full command over who a lot of their data is utilized and gotten to, and each time an activity is perused or questioned, an installment is required. The whole platform works as a completely firm data based wallet system, and the huge database that it will create is set to be unrivaled. Advantages that were beforehand just open to proprietors and engineers will now be accessible to all who partici[ate and utilize the system.

Clients have full responsibility for based esteem perspectives and protection, using the data wallet part of the IOVO organize, expanding proprietorship capacities, security and straightforwardness, adaptation and namelessness. Application proprietors (counting dApp) will profit by the full data-based security that the blockchain offers, and the decentralized thought of the applications inside the platform. Application proprietors will have an exhaustively based access field to a worldwide database with the extent of the data wallet, adaptation profit by the claim data, including expanded and successful security, expanded procurement of clients and a history base that will be unmodifiable, expanding exactness and security. Thirdly, Organizations and Data Analysts will have the capacity to use and advantage enormously from the devices given by IOVO and the platform as a while, including a gigantic degree if data to be effectively available inside a total system sash, expanded research and data examination, obscurity, balanced contact with overviewed clients, legitimate and open to their business, and obviously, secure and safe data storerooms with unmodifiable narratives.

IOVO has no restrictions to where and whom it can amass data from, there are no field limits, and the thing can firmly work with all industry and business. The sheer size of material data examination and important calculations will hugely change the manner by which any business or industry can exist inside the consistently changing blockchain based innovative field. IOVO never forfeits data security for benefit, and consequently all outcomes will dependably be the most precise and successful for all who take part inside the ecosystem created by the platform.

As I’ve said before that the present data platform accumulated clients data and assets without the clients learning to pitch to organizations which will acquire them immense benefits. The organizations utilizes this data to comprehend what clients are occupied with, for example online promotions, this data are use to bring advertisement which clients are keen on. This has been a way numerous online platforms has been utilizing to enhancing their pockets which is going to end. IOVO has made a data commercial center on it platform which will empower clients pitch their data to confided in organizations. The commercial center will empower people to make benefits with their own data other than pitching it to outsiders without the clients information.

People using IOVO Will have possession and full specialist over their data administration. IOVO will give greatest security over clients data and the development of their data through the blockchain. This is something the current online data platform does not give, the capacity for clients data to be completely secure is IOVO need. IOVO has created it platform to give simple sharing of data through the decentralized applications (dApps). IOVO use the dApps to keep data sharing straightforward and anchored, assembling and sharing data using decentralized system database. IOVO as an omniledger will transform into a creating, secure and effective establishment for various quantitative regard organization stages giving people, social and business powers over their online data.

IOVO has likewise made it claim token which is based on the Ethereum blockchain to be use on the platform to expanding the development and models of the platform. The token will be use as installment on the platform for data venders and purchasers. Rewards on the platform will likewise be paid in IOVO token. The token will be recorded for exchanging on crypto exchanges to empower clients offer for different monetary standards or fiat.

TOKEN DETAILS AND DISTRIBUTION

  • Ticker : IOVO
  • Network : Ethereum
  • Token Supply: 1,000,000,000
  • Private Sale: 25.10.2018 – 1.12.2018
  • Public Sale: 20.12.2018 – 31.12.2018

 

TOKEN DISTRIBUTION

  • 20% Smart drop
  • 10% Locked
  • 30% private sale
  • 20% Team & Advisory
  • 10% Public Sale
  • 10% Reserve

FUND DISTRIBUTION

  • 50% Development
  • 15% Marketing
  • 10% Team
  • 5% Administrative
  • 5% IOVO Foundation
  • 10% Business Development
  • 5% Legal

CONCLUSION

IOVO is a to a great degree well thoroughly considered and created calculation and blockchain based innovative ponder. The manner of thinking behind the ecosystem that IOVO will produce has relieved any past issues and restrictions that other data based platform may or have experienced beforehand. The security level and encryption based innovation are second to none. The makers behind the platform have likewise left nothing to risk, and have grasped all innovation transparently, including Quantum security, in the event that this innovation will wind up typical. Every application inside the IOVO ecosystem will distribute a show, consoling and measuring the data collected by the application. The whole platform moves with absolute cohesiveness, and its decentralized nature makes it the main response for a protected, humankind based, data sharing worldwide commercial center. As a blockchain devotee myself, I am anxious to watch and gain from this conceivably progressive platform as it assumes control over the worldwide commercial center.

For more point by point pictures and clarifications please read the Project Whitepaper. IOVO fills in as an individual data wallet. It assembles a ground-breaking general database that permits unhindered investigation openings. The distributed idea of the IOVO organize guarantees that members can access and join whenever, and promptly start making exchanges. A client turns into a transmitter of exchanges, bringing about the exchanges achieving validators, which thus are confirmed by the validators including the keen contract highlight of the blockchain, bringing about a boosted system remunerate costs, all issued by the IOVO confirmation of significant worth. Customers pick precisely the measure of their data is made remotely open to various get-togethers while keeping complete control over it. Each scrutinizing movement and request requires a portion.

FOR MORE INFORMATION, CHECK THE LINKS BELOW :

Site : http://iovo.io/

Whitepaper : http://iovo.io/resources/whitepaper.pdf

Telegram: https://t.me/iovoledger

Facebook : https://www.facebook.com/iovoledger

Twitter: https://twitter.com/iovoledger

Medium: https://medium.com/@iovo

Github: https://github.com/iovoledger

Reddit: https://www.reddit.com/r/iov

Bitcointalk Thread : https://bitcointalk.org/index.php?topic=4509519.0

Written by

Juliet Smith

Bitcointalk username: eni19888

Bitcointalk profile url: https://bitcointalk.org/index.php?action=profile;u=1776102;sa=summary

ETH: 0xeab28D08BCDD3554Bd9dd2C12CAc2eee77e6103d

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eni19888

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