This has led to an exponential increase in the demand for computational computing power and storage capacity. This is where IAGON comes in.
There has been a recent development and adoption of Artificial Intelligence and Big data technologies. This has led to an exponential increase in the demand for computational computing power and storage capacity. This is where IAGON comes in.
IAGON is a platform which enables its users to harness the storage capacities and processing power of multiple computers over a decentralized Blockchain grid. This platform allows users store big data as well as repositories. That’s not all. Users will also be able to store smaller scale files and carry out complex computational processes.
An example include processes needed for Artificial Intelligence and machine learning operations. Users will be able to do all these within a secure but encrypted platform. It not only integrates cryptographic and Blockchain technology, it also integrates AI technology in a user-friendly way.
Let’s explore some of these, shall we?
Think of AI and machine learning algorithm as the human brain, you need to input data to deduce an inference. The computing process involved in this deducing process is known as data mining. Basically, it involves discovering patterns in large data set and reducing it such that machine learning algorithm can make decisions and inference.
That means any organization or corporation that collects large dataset as part of their daily operations will always seek new ways to apply artificial intelligence and machine learning methods to get better managerial insights from the processed data.
How does IAGON fit into all of these, you ask? Thanks to the Blockchain technology, users now have access to a unique and fully secure solution towards the processing, distribution, storage, and maintenance of data.
This makes IAGON capable of providing storage over centralized, clustered or decentralized networks. Furthermore, this platform can be used to distribute data processing load for data analytics.
With IAGON, users and miners have complete freedom and flexibility when consuming or providing decentralized cloud services. In simpler terms, IAGON is expected to provide a multiple Blockchain solution which involves running its cloud storage and processing operations. This is expected to be done on both Ethereum Blockchain and on Tangle.
What exactly does this mean, you ask? It implies that miners and users will have the option of picking between Ethereum and Tangle to;
• Securely store their files
• Process computational tasks
• Make transactions using IAGON tokens for cloud services
There is an increase in demand for a greater computing power and the growing sales of NVidia systems is an evident of this. This power is used for Machine Learning, Deep Learning operations and other advanced operations of artificial intelligence which requires a large amount computing and processing power.
• Like any other power grid, IAGON’s smart computing grid serves the following functions;
• Connects multiple producers to customers
• Smart Computing Grid fulfils the demand for the necessary resource
• Transfers unused resources to customers in need
• Benefits the miners providing processing power and storage space to the grid without requiring efforts when their servers and computers are not used by them.
The approach taken by IAGON as far as data mining is concerned is not the traditional one. IAGON uses a private Blockchain with public network protocols over API networks. This means that, a miner won’t need to store any of the data to mine. The only thing he or she has to do is process the data and send the output back for analysis using IAGON’s machine learning algorithm.
The data mining process on this platform does not need to perform any complex algorithm if it wants to solve a problem. Rather, it distributes load and increases speed for ordinary data processing task through decentralized computing network.
Miners receive distributed Blockchain tasks through the proof of variance method. Next, they’ll need to match the data signature gotten from the data input to find the corresponding data object and return the data input. How does the data miners receive rewards, you ask?
A miner receives rewards according to the number of data point he or she mines. However, if there’s no data found within the block, the miner does not get any reward. This is supposed to serve as an incentive for miners to not only complete mining the entire block, but also increase the amount of blocks they mine.
Here is everything you need to know about IAGON token sale and operations.
The IAGON pre sale began back in April 2nd 2018 at exactly 12 pm, west. According to the whitepaper, the pre-sale is expected to offer 20 percent of the tokens at $0.07 per IAG for the first 100 million tokens. Then, $0.10 per token for the next 100 million tokens.
Users will be allowed to make their purchases in ETH. Furthermore, the pre-sale will be done completely through Dragon chain. That means, those that’ll be allowed to participate in the event must be users of Dragon tokens.
The IAGON crowd sale is expected to begin on the 10th of May, 2018, and is supposed to last for 30 to 6o days. However, this depends on the sale. In addition to the Pre-sale, the crowd sale is expected to offer a total of 500,000,000 tokens; that’s 50 percent of IAGON tokens being offered to the public.
Based on the following rate, that means $0.12 per all 500 million tokens.
The total amount of IAG tokens that are supposed to be used for two phases is 700,000,000 tokens. The remaining 30 percent, 300,000,000 tokens, will be distributed thus;
• 10 percent of the token goes to IAGON’s team
• 10 percent for advisors and bounty hunters
• 10 percent for development
The team behind IAGON are determined to support the reputation of the platform. It is supposed to become the leading platform for storage and processing services. It is expected that this will enhance adoption among users who allocate their computational resources, also among potential customers.
According to the whitepaper, the development of this platform, including the miner’s client software is expected to continue after the token sale event. The beta version of the platform is supposed to be introduced by the fourth quarter of 2018.
There is a great team behind the platform, which is headed by Dr. Navjit Dhaliwal. He is supposed to be an experienced professional in cryptocurrency investments and financial operations. Check out the whitepaper to get a full list of the other members of the IAGON team.
Website: https://www.iagon.com/
Whitepaper: https://www.iagon.com/pdf/Iagon%20Whitepaper%20v3.0.pdf
Ann Thread: https://bitcointalk.org/index.php?topic=2945888.0
Youtube: https://www.youtube.com/channel/UCpIUqQSMK5cE4QncanEUpKg
Steemit: https://steemit.com/@official.iagon
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Telegram: https://t.me/Iagon_official
Authored by: gbenga88
Bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u=1874687
Eth Address: 0xdcef7d27bbaae609accdaf43ccf41b042beaffb4
