MODULE: CRYPTO ECONOMIC ECOSYSTEM ON A DECENTRALIZED FILE STORAGE NETWORK.
MODULE is a blockchain-based platform designed to utilize the free storage of smartphones, PCs, servers, etc. as an asset. Mining is a peer-to-peer computer process used to secure and verify digital currency transaction. With the use of the MODULE platform, one will be able to participate in mining even from a smartphone. Servers and enterprises can also participate in mining. MODULE employs a new transaction approval algorithm. In addition to building the Apps, users will also have the ability to issue new currencies on the platform. Module focused on mobile devices as a way to solve problems such as the power consumption concerns caused by cryptocurrencies and their centralization.
The Module project announces the future of mining with such energy-efficient and easy to use devices such as smartphones and tablets. By releasing the capacity of a device, the device owner will be able to earn rewards, which will vary depending on the capacity of free storage, utilization time, space and transaction type. In other words, lending of storage space will make you eligible for compensation. The platform also has great potential as a platform that can provide other distributed application services.
MECHANISM OF THE POSTT BLOCKCHAIN.
The PoSTT blockchain has its own coin. The Verifier will pay the cost of storing the data with this coin, and the Farmer will receive coins as compensation for providing storage capacity to store the data. This means that the PoSTT blockchain has a transaction function associated with the sending and receiving of the Verifier and the Farmer also conclude a smart contract related to storing each other’s data, so that the Verifier and the Farmer can safely perform data processing. In other words, blockchain stores smart contracts related to transactions with coins (transmission/reception) and data management. To do so, the Farmer possess the address of the token for the smart contract. There is also a bridge server which exists separately from blockchain.
This Secret Sharing technique will be utilized in blockchain, and to manufacture secure distributed storage for the sheltered stockpiling of touchy data.
The system for hiding archives recorded in blockchain through the administration of mystery sharing keys has just been produced. One hindrance to using blockchain to deal with delicate data was the way that data on blockchain must be unveiled to the whole network of clients. Be that as it may, by consolidating blockchain innovation and mystery sharing, one can expect higher security and comfort. Along these lines blockchain can be utilized in different fields, for example, back, appropriation, in the store network, official archive administration, and so on.
MODULE MARKETING STRATEGIES.
- MODL App and development of the product: Internal testing of the beta version is planned for October 2018 After testing is finished, the beta version will be distributed in December and the oficial release in Google Play, App store in January 2019.
- The value of MODL PF is tied to the number of downloads: A feature of our project is that a token holder is automatically a MODL user the beta version of “MODL App” will be distributed to users who purchased MODL tokens, and the value of MODL will grow along with the number of downloads of the application and the App will be distributed with the help of influencers to maximize user acquisition. Press release in Asia is planned for August 2018.
- MODL PF operation: Advertising model, crowdfunding, etc. Module will release unique content in which users can participate.
- Expansion of the economic zone through token economy: The Module economic zone will be created through the acquisition of users and expansion of content worldwide.
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