The world today experiences a need to constantly grow the storage capacity and space for adequate data storage. Information and data sets grows on a daily basis and the computer companies that we currently rely on for storage of our information and data that we use in running our industries, banks, businesses are struggling to provide a system or come up with an initiative that gives/supplies us with limitless data storage space.
We have transcended from manually storing our information on hardware devices which are limited and stands the risk of crashing or can be destroyed. The need for cloud storage is growing as several industries and organizations now find means our saving their data on cloud.
IAGON is a decentralized open-sourced computing and storage service platform. IAGON aims at competing with the current cloud computing moguls by taking advantage of unused storage space to create what they call a "super-computer" this works by combining unused data storage capacity of data centers, computers and storage devices.
In their bid to provide these services to gain wider reach the provide them at a very affordable rate better than what the current computing platforms offers.
Storing data with cloud services take always the burden of maintaining and recycling data with local services. Its reduces the load on the user and on the company. As local storage services implies the need to purchase hardware part,assemble and maintain hardware storgaes. Using cloud all the user need do is to purchase cloud services and store data and information using the internet.
Storing via a decentralized platform user will be skeptical about their data security but IAGON ensure data security by splitting data and military layer file encryption (SHA256) by so doing information are encrypted and stored in bits and no single miner has full access to complete data.
I'm spliting the data into bits it helps in simplifying the execution of complex computing processes such as Artificial intelligence (AI), through a secure decentralized blockchain platform. The demand for computing power never ends as learning goes deeper, research grows wider the need for a larger computing space constantly grows too, this is why
IAGON aims to build a global super computing grid that will revolutionize the cloud and web services market.
The problem with the current market is that individuals and companieslack access to this storage space and those who can afford it pay high fees to utilize these space available over a centralized platform.
The more affordable it is to store data using decentralized cloud data storage services the more companies and individuals adopts the initiative there will be an increase in the demand and decline in hardware data storing systems thereby increasing reliability in blockchain technology.
IAGON runs using a smart computing data grid that works more like a centralized storage host, more like a power source that is responsible for the allocation and distribution of storage space available on the IAGON platform.
The smart computing grid is more like the CPU of the whole body that allocates and supervises data storage space to users who require them. It authomatically analyzes unused storage space and utilizes them appropriately. The smart computing grid also allows users to earn by accessing their unused data. Here's how it works.
Users can earn using the IAGON platform by sharing their unused space in exchange for tokens. In the sense that users can exchange their space in exchange for tokens which in return can be converted to FIAT money and users who need extra space can buy tokens and use them as a purchasing power to buy storage space on the platform.
These token will become tradable as more companies and individuals adopt the use of the IAGON decentralized data storage services which will increase the acceptability and demand for the token.
The cloud data service market is currently dominated by four (4) major players Amazon, google cloud,Microsoft and IBM. These platforms utilizes a less trusted centralized cloud services, due to their mode of operations they are highly prices and thereby makes it almost impossible to compete with them due to their large data operational space and capacity storage centers and facilities.
One major aspect of technology that would benefit from this is In the area of Artificial intelligence (AI) as it demands high processing power and GPU processes. The supply of adequate storage space is expected to grow the creation and innovation of new AI technology. The Big data industry also requires a large number of storage space for storing and processing of information derived internally and externally. This information are on a growing scale as it includes companies IT informations, informations on companies operations and clientele and future business information that consumes large data space. With the use of the IAGON platform they will have access to large unused data space and also will be provided with the option to grow the space as the demand for more data storage space in storing information increases.
The AI-Tracker contains more than 100 different Machine Learning algorithms. AI-Tracker is the algorithm powering the Smart Computing Grid's resource allocation system. It optimizes resource allocation based on historical data!
The AI-Tracker will manage node quality (such as ensuring nodes are stable) , storage and CPU distribution optimization (based on historical data).
In performing these functions, that AI-Tracker itself will evolve and optimize its own distribution algorithm, growing and improving along with the entire network!
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IAGON aims at creating a secure and unlimited data storage space by utilizing the use of blockchain technology which till date has known no form of failure. With its decentralization theres no central entity that control the operations of supply of storage space to users. Users are given free hand over what they intend to do with their unused storage space, either sellingbor using them. IAGON supplies these services at an affordable rate which will thereby increase users trust and adoption of cloud storage services and reliance of the blockchain technology. Also by providing large storage space new AI applications can be created to help grow global technology productivity and innovations.
In achieving this IAGON engages in numerous partnerships to enable them function better when they enter the market.
They also have some initial adopters lined up! Neureal
Neureal helps their users predictions based on provided data. They can utilizeIAGON technology to handle heavy computational aspects of their work. This will ensure the integrity and security of their network as well as save costs on cloud computing.
IMMVRSE
IMMVRSE is a blockchain project specializing in VR. It is a marketplace as well as a VR video-sharing platform. IAGON's data storage services will help ensure that IMMVRSE can provide their users with high speed service without costing as much as traditional storage services would charge.BitNautic
BitNautic is developing a decentralizing logistics platform for the shipping industry. Their system contains an AI element that will require large amounts of computing power as they scale.IAGON's super computer can handle the computational aspects of the business, that will help with booking and real-time tracking of ships!
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