💥Dear friends, I greet everyone on my blog! Today I will tell you about a very interesting ICO project. We will discuss how Quras is implementing blockchain technologies in the decentralized cloud technology and IoT industry.
🚀Quras is a decentralized platform for blockchain technology that, based on smart contracts, ensures secure storage of data and its exchange between all IoT devices in the cloud storage. The project user has full control and manages its data and assets and has system-provided protection from any external influence. To start a smart contract, the user can create his own personal token, use the QURAS platform token or any other crypto activity.
💥The main principle of Quras work is to record the whole database in chronological order in such a way that it is available at any time on demand. To do this, the project uses open source code, which with the help of smart contracts and tokens helps the user to keep all the stored data under his control. The main innovation of the project is the creation of its own distributed accounting technology, similar to the block system. This is a Tangle, a distributed public database running on the DAG protocol (direct asynchronous graph). This protocol was designed to address the shortcomings that blockchain has.
Blockchain has a high transaction cost, and in Tangle there is no commission for the transaction, which makes it possible to use it when creating any cryptocurrency and work on IoT processors Blockchain can create any cryptocurrency literally "out of thin air", and Tangle Miners does not allow creating any rewards for using their computing power.
💥These differences made it possible to use this Tangle technology on the DAG protocol in this project because of the characteristic transaction process. Each node in the DAG consists of a processor that issues the transaction. It will be issued after the node approves the two previous transactions. And so each node issuing the transaction pre-checks the other two transactions, and as a result all nodes contribute to the security of the entire stored database. When a node checks previous transactions, it performs very complex computational calculations in a short period of time. Therefore, if the fraudster wants to log into the system, he needs to make a repetition of the verified transactions confirmed from existing sites in a very short space, which is almost impossible and impossible, and the checked node does not react to unchecked nodes and transactions if it detects anomaly in time, thereby protecting the system from external impact.
💥The first product developed by the team is a mobile application that is used in healthcare, helps solve the problems of a sedentary lifestyle and earns tokens by simply walking, moving, running and having a phone with them. The stimulus is quite attractive for downloading such an application to simultaneously improve your health and earn some cryptocurrency.
💥The team is supposed to develop a service that through certain IoT monotony will improve the quality of our life and provide it with a cleaner and safer environment. Consumers can remotely control their homes, offices, places of communication and entertainment and at the same time save energy. "Smart houses" will be their assistants in order to achieve comfortable and favorable living conditions. This practice of applying IoT will extend to cars and healthcare, offering users assistance in carrying out daily duties and controlling their lives.
💥Check out this project in more detail, by watching this video:
💥Advantages of the Quras project
💥ICO
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