The growing platform allows users to rent free storage on their computer or other device - including smartphones and tablets - that can be used as part of a blockchain, for Any data storage purpose.
Its innovative software will hopefully address the issues inherent in existing blockchain services - excessive power consumption and tacit concentration - by allowing even low-tech hardware users.
To store part of the blockchain as part of the cloud system. The company is also issuing its own electronic money, the MODL token, will be required to access its platform.
Anyone can provide a network with GB that is not used on their devices, tablets, laptops, or PCs and get when other people use module storage so you don't hesitate to save data. because the module consensus (mining) algorithm allows to get rewards by lending storage room.
When a device's storage capacity develops and expands, one can expect a variety of services offered to expand. In addition to issuing new original coins, users will also be able to develop.Dapps (decentralized applications) on platforms.
About a platform:
Get started with your own blockchain
Gain access to Module’s solutions, which enable, you to store and manage your data privately, securely, independently and quickly.
Your data assets are stored at a blockchain address, which is fully controlled by you – the only person who can access them.
Take advantage of our platform’s Secret Sharing concept. Rent space and start mining – it’s easy with Module.
Use blockchain for fast deployment of your own service, pay for data, data storage and transfer services.
Use tokens to pay for system integrity and award miners, send payments to developers and contributors, support scientific labs and universities, create affiliate and loyalty systems etc.
The platform algorithm is designed to provide a true distributed system that will work well in the future as hardware requirements from memory and computer programs continue to increase.
The following components are required when creating storage storage:
Verifier - A node needs a place to store information, that is, a client.
Farmer is a node that stores data and provides free memory to generate coins.
Minor - A node that checks transactions within a Smart Contract by creating a new block in the blocking chain.
The communication server is installed separately from blokcheyn and is for connecting farmers and gauges, control networks and brochures, metadata and selecting agricultural network.
Token economy:
Module platform issues Ethereum based utility token called “MODL”, which can be used in the internal ecosystem of the platform for the services availed and rewards earned for storing the data.Token details:
Token symbol: MODL
Token Type: ERC-20
Total supply of tokens: 15,000,000,000
1 MODL= $0.008 Softcap: $5,000,000
Hardcap: $18,000,000
Pre-Sale: 16th July to 31st July 2018
Pubic Sale Starts form 01st Aug 2018
Features:
Platform modules provide an interesting option for blockchain-based applications; Most of the programs that use this technology depend on a relatively small user community running powerful hardware and ultimately failing to achieve the decentralization they require.
Programmers interested in creating decentralized applications should definitely consider the platform of the module when it is released, as long as it attracts enough servers to operate smoothly.
Investors who are curious about the MODL token should read the company report carefully, which explains in detail the architecture of the platform and observes the needs of software developers.
Investors should also consider that they will not see any return in at least several months, since the product is still early in its development.
The roadmap:
May 2018 - Manage the sale of tokens Participation in the 2018 consensus Development of module platforms Start of MODL application development
July 16, 2018 - Start testing Prior to
July 31, 2018 - End of time before
August 1, 2018 - ICO start
September 30, 2018 - ICO closure
September 2018 - Exchange listing Start developing services Share Secrets
October 2018 - Build server exploits Beta Testing MODL App
November 2018 - Test Platforms Platform December 2018 Start Platform Operations Module Delivery Version beta of MODL App
January 2019 - MODL App in Google Play and App Store
