IOVO - Internet Of Value Omniledger
Hello friends, this time I will provide some information about IOVO such as IOVO goals, what is IOVO, and IOVO tokens. Now let's look at some information that I got about IOVO.
IOVO (Internet Of Value Omniledger) is a BLOCKCHAIN
network of first decentralized human values IOVO is a unique global open
network database for storing and exchanging information about all types of
quantitative value assets. IOVO is a DAG (Asiklik Charted) that is designed as
a platform for various applications. IOVO was built with the aim of providing a
foundation for decentralized applications. With this, most users will not
immediately use the low level IOVO function. They will use user-friendly dApps
created by other user networks. Each dApp developer can create new scores with
dApp or use one or more existing scorings. Therefore, the author dApp decides
which user data will be used for a particular business purpose and defines the
rules for data access. Therefore, the actual IOVO function will be driven by
the developer dApp, not by IOVO creators. The IOVO is based on the idea that
there will always be data generated from every moment of our lives that is
quantitative in value is an important element of our future freedom. The main
function of the IOVO is to secure user data by collecting and storing data
shared with applications built at IOVO DAG in other words if other users want
to open someone's data then they must have the data owner's approval. If the
user agrees to share data, when data is accessed they will receive fees
according to what has been agreed. The user also determines how much data can
be accessed by other users while maintaining full control over the data. Every
search and request action requires payment. The IOVO functions as a personal
data wallet and it builds a strong universal database that allows unlimited
analysis opportunities. IOVO provides the infrastructure to create a new data
economy, which allows users to monetize their data and access benefits that
were previously only available to owners of platforms and applications.
Contemporary social and economic reality increasingly
depends on data. Data flow (collection, storage, management, exchange, etc.)
Defines the power structure in politics and economics. Centralization of all
levels of processes and mechanisms for democracy and the current root causes
and decline in human values in the future.
Following are the main reasons why IOVO is needed:
1. Large organizations always harvest and process data
generated by the activities of every human being on the planet. Individuals do
not have the technical resources to determine what other people will use in
their data and they do not have full control over their own data. Data is
harvested and monetized while individuals appear to produce useless data. Once
centralized, this personal data is easy for invalid uniqueness and often
hostility.
2. There is a need for a cumulative universal database that
can be easily explored and analyzed. IOVO DAG is a comprehensive network
database that can be accessed by analysts and researchers from all possible
fields.
IOVO stands against all kinds of misuse of data and a
complete infrastructure inventory securing ownership rights and monetization of
user data. In addition to providing data protection, the IOVO serves as a
database that collects data from all applications created or based on it.
Various kinds of applications are possible and means that the IOVO network has
the potential to become the largest database in the world that combines data
from various fields. The diversity of data stored in the system will produce
significant public and commercial research results. At present, data from
various disciplines is siled, and separate databases must be used for comparative
analysis, additional costs in terms of time and resources. The IOVO network
will gradually carry out different case analyzes in the search for a single
network / database. This means a large increase in analytical capabilities and
the quality of conclusions drawn, which in the traditional database approach
has no chance for traditional methods to restrict access to certain databases,
increasing costs and time. The IOVO network provides an opportunity to change
the approach to database analysis to methods that are difficult to do in a
traditional framework. For example, imagine a study of the effects of various
factors that influence the development of a disease, one of which considers
factors that have not been analyzed (for example, social, personality, etc.).
Data connection potential is very important considering easy access to data and
costs. Of course, this easy access does not need to sacrifice data privacy.
Analysis on the IOVO network will only use data with user consent and intrinsic
mechanisms that can make users benefit from their data used in accordance with
the IOVO idea.
IOVO DAG is designed for rapid development and is understood
to be developed to cover as many social and commercial fields as possible in a
short time. Special tools to support this rapid development have been included
in plans for system expansion. The initial stages of developing expansion will
include the IOVO development team's own projects. In addition, the most
promising IOVO DAG-based projects will be accelerated under the guidance of the
IOVO Foundation. After the DAG
transformational IOVO testing and final technical development, the development
team will focus on the progress of IOVO foundation legal institutions. IOVO
Foundation will work as an accelerator for the most promising projects proposed
or already under development at IOVO DAG. After being taken under the wing of
IOVO Foundation, selected projects will find several tools needed for their
development, such as legal, technical and marketing support. The greater the
number of successful IOVO DAG-based Projects and the greater its popularity,
the faster the entire IOVO database network will grow.
IOVO as a network, decentralized data network IOVO will
connect consumers and data providers throughout the world. IOVO restores full
control of data and monetization to users. The user decides exactly what data
will be shared and what the value is. Users and companies spend IOVO tokens to
search for data on the network. IOVO tokens are distributed between users who
share their data and nodes that maintain the system. Companies can send IOVO
requests about certain users or search for users who meet certain criteria.
This will greatly increase the response ratio to targeted advertisements and
services, because all users have participated voluntarily.
To find complete information about IOVO tokens you can visit
the site http://iovo.io/ which is the official IOVO website.
And for more information visit also some of the official
IOVO sites:
Whitepaper: http://iovo.io/assets/whitepaper.pdf
Twitter: https://twitter.com/iovoledger
Facebook: https://www.facebook.com/iovoledger
Telegram: https://t.me/iovoledger
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