IOVO | DECENTRALIZE DATA OWNERSHIP AND MONETIZATION

The Blockchain technology has created lots of opportunities and achivement , solving every tasks problems and making great development which made companies and industries adopt this technology. Ever since the usage this technology has been getting stronger to solving problems. The Blockchain technology has shown that it doesn't have limit to what it can perform which has made this technology the best human has ever seen. Like I always say the Blockchain technology is here to stay.

However, before the introduction of Blockchain ,traditional method and centralization has been what was used in performing tasks which has shown lot of disadvantages which includes insecurity, slow transactions,high cost and lack of trust. This problems has made tasks different before the innovation of Blockchain. Has we all know that the Blockchain is getting it way gradually to improve every tasks but yet hasn't gotten into Data platforms. All online platforms today still utilize centralized method to store users data. Data is a very important part of every Internet users because it contains every important information and personal details about users which should be kept very secured and not to be handed to any third party but due to the unreliability of the centralized methods used by online data platforms data are stolen by hakers without users or even the data platform knowing. Some online data platforms also sells users data to third parties without the user knowledge to earn themselves huge money.


Data losses has made lot of online users loss access of their banking details, passwords, addresses , contacts etc to third parties which has created fears and damages to users. All of this has made lot of users delete their data from centralized online platforms. Has seen that the Blockchain technology is the way forward to ensuring security , transparency and so on this is why IOVO has built it technology on the Blockchain to introduce decentralized data platform which will ensure individuals data security.



IOVO (Internet Of Value OmniLedger) is a global open network-database for the storage and exchange of information based on all possible types of quantitative value assets. IOVO is the very first decentralized online platfom aim to provide individual full access, control and security of data. IOVO is utiling the DAG (coordinated non-cyclic diagram) to solve the issue of security of individuals data and other problems facing the current data platform. This method has the capability to collect, store and secure users data which is implemented to the application based on the IOVO DAG. The DAG has been built to handle every tasks performed on it to work in a distributed way which cannot disrupt the network as long as average of the node is been utilized. The DAG also secure users data in which users data cannot be accessed by third-parties without the users concents. This has been a major problem in the current online data platform which third-party can easily get users data without them knowing and has lead to lot of losses, in this case IOVO is using it technology to safely secure users data and also allowing users to know if they want to share a certain information,with this user's data won't be leaks to third-parties and will be fully protected. Decentralization has made lot of helpful benefits to humans and has given individuals the power to only control their tasks, utilizing decentralization in data management will help individuals have more access and control over their data which is a feature IOVO has adapted, this will make IOVO a unique online data platform. This system give individuals the full ownership of their data.

As I've said earlier that the current data platform gathered users data and resources without the users knowledge to sell to companies which will earn them huge profits. The companies uses this data to to know what users are interested in, for instance online advertisements, this data are use to bring ad which users are interested in. This has been a way many online platforms has been using to enriching their pockets which is about to end. IOVO has created a data marketplace on it platform which will enable users sell their data to trusted companies. The marketplace will enable individuals to make profits with their own data other than selling it to third-parties without the users knowledge.

Individuals utilizing IOVO Will have ownership and full authority over their data management. IOVO will provide maximum security over users data and the movement of their information through the blockchain. This is something the current online data platform does not provide, the ability for users data to be fully secure is IOVO priority. IOVO has developed it platform to provide easy sharing of data through the decentralized applications (dApps). IOVO utilize the dApps to keep data sharing transparent and secured, gathering and sharing data through the use of decentralized system database. IOVO as an omniledger will turn into a developing, secure and efficient foundation for different quantitative esteem administration stages giving individuals, social and business controls over their online data.

IOVO has also created it own token which is built on the Ethereum blockchain to be use on the platform to increasing the growth and standards of the platform. The token will be use as payment on the platform for data sellers and buyers. Rewards on the platform will also be paid in IOVO token. The token will be listed for trading on crypto exchanges to enable users sell for other currencies or fiat.


TOKEN INFORMATION

Ticker : IOVO

Network : Ethereum

Token Supply: 1,000,000,000

Private Sale: 25.10.2018 - 1.12.2018

Public Sale: 20.12.2018 - 31.12.2018


TOKEN DISTRIBUTION


20% Smart drop

10% Locked

30% private sale

20% Team & Advisory

10% Public Sale

10% Reserve


FUND DISTRIBUTION


50% Development

15% Marketing

10% Team

5% Administrative

5% IOVO Foundation

10%  Business Development

5%  Legal

ROADMAP


TEAM


For more information about IOVO, kindly visit the links below

Website: http://iovo.io/

Whitepaper : http://iovo.io/assets/whitepaper.pdf

ANN thread: https://bitcointalk.org/index.php?topic=4509519.0

Telegram: https://t.me/iovoledger

Facebook: https://www.facebook.com/iovoledger

Twitter: https://twitter.com/iovoledger

Medium: https://medium.com/@iovo

Github: https://github.com/iovoledger

Reddit: https://www.reddit.com/r/iovo






Bitcointalk Username: Oluwatimi

Bitcointalk profile URL: https://bitcointalk.org/index.php?action=profile;u=1916121

ETH Address: 0xc0E31e9712024Fa2205E414B94d2846a27116F40