Why InterValue Is The Best Option To Lead Blockchain 4.0

in #cryptocurrency6 years ago


InterValue wants to become the practical example of blockchain 4.0. Right from the first versions, improvements have been made over the years to try and make this technology as revolutionary and futuristic as possible. Introduction of smart contracts in the second generation and optimization of services in the third generation have all lead to this point. The fourth generation of this technology attempts to make it fully available and practical for global use. There are a number of use cases cited for the fourth generation of blockchain which could optimize various functions that have stagnated for a long time. There is also the possibility of cheaper or inexpensive services that may accrue from implementation of the latest generation of this technology. Lower frictional costs and an overall decrease in the cost of operations could save individuals and companies a lot of money and help improve their profit margins. It could also be an important tool in governance aiding in preventing disputes as it increases transparency wherever it is applied. The use cases of InterValue are numerous and they are likely to grow as more innovators understand how it works.

These could have been achieved with previous versions; however, there were some limiting factors that prevented the growth of blockchain. In as much as it is not at its peak, this technology has grown over the years reaching heights some would have never imagined it would reach when it was first introduced.

Why InterValue?

Different projects are lining up to lead the “Blockchain 4.0” evolution to meet the demands that have arisen from the use of previous protocols running previous generations of this technology. Improvements to aid optimization are part of the standard goals for these platforms. InterValue is no different. The approach, however, differs from project to project and this is where the small variations differentiate a good project from a great one. InterValue may not be considered great as it does not come with all the pomp and flair of its competitors. However, its technical aspects tell a totally different story and it may be the one to lead the evolution of blockchain into its next era of greatness.

Why would one choose to base their platform on InterValue? Here are some of the reasons why it comes as the best possible options available:

Strategic Partners

InterValue has a host of strategic partners that will help it easily achieve its set objectives. InterValue plans on having a practical platform for use by any party. This requires that they find the best DApps or the best innovators in the blockchain sphere that can come up with creative and unique DApps that can be appreciated by its target market. Among its strategic partners is Hello Capital which is a platform dedicated to finding the best blockchain entrepreneurs to aid in the growth of value internet, which is also InterValue’s goal. Aligning itself with such partners allows InterValue to stay a few steps ahead of its competition. Obsidian Capital is also among InterValue’s strategic partners. Obsidian Capital could play an important role in helping InterValue overcome obstacles it meets along its growth curve. Identifying blockchain agitators preventing its growth is Obsidian’s specialty thus being a key partner for InterValue as blockchain continues to grow. These are just some of the strategic partners that distinguish the greatness of InterValue from the goodness of other blockchain 4.0 projects.

An all-rounded team

InterValue’s team allows it to implement all its plans efficiently with each team member being crucial to the implementation of the project. The CEO of InterValue, Barton Chao, is qualified to lead the development of this project. He is among the pioneering developers of blockchain when it was first introduced back in 2009 which places him at an advantage knowing how to improve the various segments of blockchain that have lived past their usefulness. His understanding of how to combine blockchain with the various industries in the world has been important in the development of InterValue and will be required in the implementation of this project. The CTO, Leo Cheung, also adds some great experience and skills to the team. P2P computing, big data management, and deep learning are part of his prowess in this technological field. His work, especially on P2P designs in systems has been instrumental in InterValue’s P2P approach and will prove practical and useful once this project is on the ground.

Creating awareness

Through its strategic partnerships and its development team, InterValue is making known of its platform to as many developers as it can. It is currently working on building a community of developers that will help build the various DApps that will run on top of InterValue’s protocol. These developers will also be important in the optimization of DApps in the InterValue ecosystem. Apart from creating awareness in the developer community, popularizing blockchain is also part of InterValue’s growth plan. Having a capable platform with no users would be a total waste and therefore through its bounty program, InterValue is helping increase awareness on blockchain technology and simultaneously promoting its brand as the leader of blockchain 4.0. Various businesses and companies are also being targeted by InterValue as it explains to them the benefit of blockchain in their networks and how it could help improve profit margins and enhance the security of data within these networks. Creating awareness is key in creating a market for InterValue’s products and services.

These aspects make InterValue a few steps ahead of its competition which is quite a lot in this tech-savvy world. The adoption and success of InterValue may be up to these distinguishing factors as InterValue and its competition target similar areas of improvement on blockchain that will improve its overall efficiency and make it easier to adopt by the vast majority.

Improved Technical Areas

In as much as all current blockchain improvement projects target an improvement in efficiency of blockchain; their technical approaches are slightly different with the slightness making a huge difference in overall performance and may influence consumer decision depending on the needs of the consumer. For InterValue, scalability, security, and privacy are the key areas in which it hopes to improve blockchain. Maintaining the relevance of blockchain is also among its key objectives. Here are some of the technical approaches that have been proposed by InterValue:

►A genius P2P network that is likely the result of a team well equipped with P2P optimization information. InterValue’s P2P approach uses two technologies to provide the privacy that it requires for the next generation of the blockchain. Traceability of nodes is hardened in this approach and breaking communication protocols is made more difficult. Both blockchain and Tor technologies are implemented as they have the technical requirements to achieve a robust P2P layer.

►Improved smart contracts are set to feature in InterValue. They will help with integration and operations between InterValue DApps and third-party service providers. Some agreements and operations will require services rendered by third-parties. Access to off-blockchain data is important in this new era to optimize functions on DApps based on InterValue and will be made possible through these smart contracts. Turing complete and non-Turing complete smart contracts will all be available on InterValue, written in the Moses language.

Ecological motivation has influenced InterValue to take a technical approach that allows double mining for incentives within this platform. The token allocation used is likely to increase the number of tokens that a person can be awarded through performing multiple tasks and it may also reduce the overall energy requirements of the platform.

►Storage nodes that will services InterValue have a reason to smile as a new data structure is adopted by InterValue which is derived from DAG. It is a HashNet data structure that greatly reduces the need for storage nodes to have a high storage capacity in order to serve InterValue efficiently. Storage optimization, improved security of data and an efficient storage system is likely to be achieved using this method.

►Keeping transactions anonymous is also a key strategy of InterValue and the new blockchain era. Zero-Knowledge proof will exist in InterValue; it provides a great way in which data is encrypted during its existence in this network such that only those with decryption keys can view the data while in the network. InterValue aims for privacy in data transactions and high cost-effective ratios within its ecosystem using Zero-knowledge proof, one-time key and ring signature.

►Ensuring that blockchain stays forever is also a key strategy for InterValue. Quantum computers pose a great risk to the existence of blockchain as they make void the cryptographic method used by blockchain. An anti-quantum attack feature is present in InterValue which uses improved algorithms that maintain the relevance of blockchain even in the wake of the increased popularity of quantum computers worldwide.

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