IOVO: THE FIRST EVER DECENTRALIZED HUMAN VALUE BLOCKCHAIN NETWORK.

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Have you ever come across an application or link on Facebook asking you to click to see how you’ll look in the future or find who your real friends are? After which the application requests access to your timeline? This data is then stored, transferred and shared, often without
our knowledge. Have you ever wondered why access to your profile is needed? The answer is simple data. Personal data is freedom.But when it is being misappropriated and used against people's interest then it becomes an abuse of data privacy.
The data collection business has proven to be a gold mine in recent times for both Private companies and governments, data has become part of our daily lives. It lets big brands get more information about your desires via (Google), your needs and movements via (Facebook, Uber) and also to influence buying patterns or preferences via (Amazon, Netflix).

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Data proves to be a direct source of value creation and to comprehend consumer needs data is essential and most companies globally are in dire need of data.This valuable
data (that we generate, store, transfer and share) represents our human
value and when we are denied access to the ownership and privacy of this data we are
robbed of its intrinsic value, and therefore our freedom to decide upon
its usage is being trampled on.

As the data market cap hits over 3 trillion dollars and climbing, with the use of Blockchain and DAG technology, IOVO presents a solution to reliable data gathering and storing. IOVO is a directed acyclic graph (DAG), the next
generation of blockchain, and serves as a data management and scoring
ledger.
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Iovo sets to democratizes the monetization of data expressed as an electronic identity for all participating parties. Iovo offer the first collaborative, decentralized data platform for data production.

WHAT IS IOVO?

IOVO (Internet Of Value OmniLedger) is a unique global open network
database for storing and exchanging information on any type of quantitative value asset. IOVO is a directed acyclic graph (DAG), the next
generation of blockchain, and serves as a data management and scoring
ledger. It does this by creating a universal global decentralised ledger of
all values and then publishing rating scores for individuals and institutions
across a range of sectors. Rating scores within IOVO are only accessible
by the entity being scored, and are only revealed as answers to particular questions. In this way, IOVO acts as a zero-knowledge proof platform. IOVO returns the control of data back to the people who generate it, together with the liberty to manage and monetize all their digital records.

Iovo creates an Ultra-scalable and extremely dependable platform and secure trust between parties. With Iovo ,it puts an end to data exploitations by big brands at the expense of the individuals who create them. Now data users are connected directly to data acquirers, with the Blockchain and DAGs technologies providing full transparency on how data is collected, scored, verified, updated and transferred.
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THE BIG WAY OUT(IOVO’S SOLUTION)

Through Iovo unique and innovative solution which has been estimated that by 2025, as much as 70% of all current and future global
markets will rely on blockchain and DAG technology. IOVO recognizes and stores human value by accumulating personal data. It makes data an exchangeable asset secured by the distributed global public ledger. The tools built on
the IOVO DAG (e.g., dApps) will allow individuals and communities to benefit
from all personal human capital that can be captured by personal data.

ESSENCE OF IOVO ECOSYSTEM TO DATA VALUE

Ideally, the flow of data (collection, storage, management, exchange, etc.) defines the
structures of power in politics and economies. The centralization of all datarelated processes harms democracy and is the root cause of the current and
future decline in human value. Hence, there exists two key reasons why IOVO is so necessary:

  • Large organizations harvest and process the data generated by the activities of nearly every human on the planet. Individuals have no control over
    this, and they have no technical recourse to determine how their data is
    used. Data is harvested and monetized while the individuals who generate
    that data see no benefits. Once centralized, this personal data is easy for
    unauthorized, often hostile entities to appropriate.

  • There is a need for a cumulative universal database that can be easily
    browsed and analysed. The IOVO DAG is a comprehensive network
    database accessible to analysts and researchers from every conceivable
    field.
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HOW IOVO NETWORK AND dAPPS WORK

The IOVO network and dApps
IOVO is a peer-to-peer network in which users can join it at any time and in other to start making transactions. Every user connected to the Iovo and Dapps network acts as a transmitter
of transactions. They are incharge of broadcasting incoming transactions to other nodes in the
network. This is to enable every transaction to reach validators in a fraction of a
second. The Validators in the other way are responsible for verifying the transactions as they come. They act as check and balance system as such as to check every transaction for correctness and run their smart contract code (if
present). Validators are incentivized and motivated to participate in this verification process
by the network rewards, which are distributed according to IOVO’s proof-of value (PoV) consensus algorithm, an extension of proof of stake (PoS).

In a centralized application network there is a central server (S) and clients
(K) which communicate with it. These client devices include smartphones,
tablets, and laptops. The IOVO DAG is a decentralized application network
system where all users are equal. Therefore all connections are distributed
evenly between random nodes within the network. The clients still exist, but
some nodes function as validators (V ).
On top of this network layer, all users can develop and implement decentralized
apps dApp.

IOVO TOKEN INFORMATION/ALLOCATION

The IOVO token launch distribution will be preceded by closed private sale.The 1.000.000.000 IOVO tokens will be allocated according to the following structure.
Detailed IOVO token economics are available on the websites below

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FOR MORE INFORMATION, VISIT THE LINKS BELOW:

Website: http://iovo.io/
Whitepaper: http://iovo.io/assets/whitepaper.pdf
Facebook: https://www.facebook.com/iovoledger
Telegram: https://t.me/iovoledger
Ann thread: https://bitcointalk.org/index.php?topic=5057281.msg47264656#msg47264656
Ann post: https://bitcointalk.org/index.php?topic=4509519.0

Author:Adaora
Bitcointalk username: Adaora2323
Bitcointalk profile url:
https://bitcointalk.org/index.php?action=profile;u=2011741;sa=summary

Eth wallet address: 0x9cb4f96ea7e45348886ecdda29aa726c7c428f2b

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