IOVO Project Overview (Part 2). How the project works. The uniqueness of the project for users

In the first article, I briefly talked about the IOVO project, about the conditions for holding an ICO. Now I would like to dwell in more detail on how the project is going to work, on the basis of what principles, as well as on the uniqueness of IOVO for a specific user. Well, let's go!

The principles of the work IOVO project:

The main feature of IOVO is the collection and storage of user data that comes from various applications based on the IOVO DAG (decentralized network), without access to other users, as well as organizations, if the user has not approved it and has not given its consent. If the latter agree to access their statistics, then they receive an agreed remuneration (fee). In the future, users decide how much of their data will be externally accessible to other parties, with the possibility of exercising complete control over it. All actions that will be associated with views, as well as requests will require payment. The IOVO platform serves as a personal data wallet. It creates a powerful universal database that provides unlimited analysis, as well as good prospects for the user associated with the monetization of their information. In addition to such bonuses in the form of incentives, the platform will work based on the principles of universality, security, transparency of the system of ownership and data exchange.

The peer nature of the IOVO network ensures that members can access and join the network at any time and immediately begin to commit transactions. The user becomes a transaction transmitter, resulting in transactions reaching validators, which, in turn, are verified by validators, including the blockchain smart contract function, which results in incentive network reward prices, all IOVO PoV (proof of value).

The uniqueness of the IOVO project for users:

The IOVO platform gives users complete control over who can access their data and who cannot.
Individuals, researchers, or companies will use the project’s internal currency — IOVO tokens to access the platform’s decentralized database. At the same time, these tokens are distributed among users whose general data meets the search criteria. IOVO tokens will be the main element used for transactions in the IOVO network.
The IOVO platform provides advertisers, companies, research, and other institutions with access to broader and more accurate data than existing systems, while ensuring that each user remains respected in the ecosystem and is appreciated if it really deserves it.
The decentralized structure of the IOVO project also simplifies the work of companies, as they will no longer need to provide their own data warehouse and to solve issues related to security.
The IOVO platform solves and corrects existing problems in a growing data market, ensuring recognition and respect for the true value of human data.
Providing each IOVO user with the ability to manage all their assets using a special personal wallet that will allow you to track all your available funds. The wallet can also be used to control your own accounts, depending on the application.
The IOVO platform will have several applications that greatly simplify the lives of everyone. For example, an application to search for t discovery of information in the IOVO ecosystem database. Either the application with which you can monetize personal information.

Road map:

Conclusion:

Thus, given the fact that information currently plays a very important role in the life of each of us, and is constantly in demand more and more, and coupled with the fact that people constantly reproduce a large flow of data that others can use, With the goal of improving their lives and gaining more freedom, the IOVO project, I believe, will occupy a decent niche in our lives and in the lives of all cryptocurrency enthusiasts. Along with the ability to monetize data, the desire to share information with others only increases and this cannot but adorn all the advantages and advantages that I have described for a particular group of people. Collaborate with the IOVO project and make money on it!