IAGON: Decentralised Cloud Services
1.0 INTRODUCTION: PROBLEMS ASSOCIATED WITH CLOUD STORAGE TODAY
Proper and efficient data management is a primary concern for any organisation. Many organisations choose to use third party solutions, because they do not want too much time taken away from their core objectives and/or the cost of managing data centers are too expensive, and outweigh the benefits. Even at that, the cost of making use of such data storing facilities are very steep, and this ensures that not everyone is able to take advantage of such services.
There is a monopoly of the market, and it’s fully controlled by Amazon Web Services, Microsoft’s Azure, Google Cloud, and IBM Cloud.AIM: To revolutionize the cloud and web services market, by offering a decentralised grid of storage and processing.
2.0 IAGON: A LOOK AT ITS PROPOSED SOLUTION
IAGON is a decentralised cloud storage facility based on the blockchain. They want to ensure that anyone anywhere, can afford cloud services, and break the control of the bigger companies, who don’t seem to have the little people in mind.
They achieve this by harnessing the power of the collective. Anyone, anywhere with resources to spare can become a part of the network, where their personal computers and and unused storage capacities in servers are used to form a super-computer, so to speak. These miners are paid benefits for their services via IAGON tokens, and parties that are interested in making use of this cheaper and more secure alternative, can do so by purchasing IAGON tokens, and passing them on to those that provide their services to the grid.
The impact of this global super computer means that more resources will be available where they are most needed, and individuals who are a part of it can reap rewards that will otherwise have been lost, had their personal computers just been left idle.
IAGON integrates seamlessly with off-chain solutions as well, without the need to deploy expensive infrastructure. IAGON works with SQL and NoSQL databases.
Its data mining feature can also be used to process data. IAGON effects scaling by ensuring that load is distributed evenly across the network.
MISSION: To support the growing demand for cloud computing due to the emergence of Big Data storage and Artificial Intelligence processing by developing and providing decentralised cloud computing based on the blockchain.
3.0 FEATURES/COMPONENTS OF IAGON
3.1 MULTI-CHAIN SUPPORT
IAGON is able to offer support on Ethereum and Tangle. Users are able to choose on which of these their files will be stored, they carry out computing and also pay to receive tokens for cloud services offered.
3.2 SECURE LAKE TECHNOLOGY
In regular lake technologies as we have them today, once a hacker has access to the database, (s)he can do whatever he/she likes. But IAGON’s Secure Lake Technology uses a “freezing” method in encrypting, slicing and distributing the data lake files to prevent access. Through this method, files can be encrypted to prevent just about anyone from accessing files in the database.
IAGON's Secure Lake technology is based on the blockchain’s SHA256 algorithm. Storage of small well secured slices anonymously and file slicing ensures that files or data stored, are extremely secure.
Having this technology is important, because any organisations database is like the central nervous system of that organisation. Once it’s compromised, corrupted or deleted, that organisation is more or less shutdown.
No one within the ecosystem can have access to such files, except the user with his/her key.
3.3 SMARTCOMPUTING PLATFORM AND AI-TRACKER TECHNOLOGY
IAGON's smart computing grid ensures that resources (CPU/GPU processing power and storage space on personal computers) that are not being used are channeled to where they are needed. It also connects producers to customers, and ensures that demand for resources needed are met. Miners also benefit from it, seeing efforts aren’t required, when their resources are not used by them.
The smart computing platform is a product of IAGON’s AI-Tracker. It ensures that allocation of CPU/GPU resources not in use are allocated to channels where they are most needed, optimally.
It continues to improve its efficiency by analysing past and present data streams, reflecting availability of miners resources and ensuring nodes that should be removed from the grid are removed.
4.0 ARCHITECTURE
IAGON’s architectural can be split into Machine Learning, Blockchain/Miners and Encryption/Decryption. These will be covered in more details below.
5.0 THE IAGON ADVANTAGE
IAGON can provide secure storage on decentralised and centralised channels alike.
Blockchain uses the SHA256 algorithm to create a hash. This means that data stored on IAGON is very secure, as the computational power needed to hack it via brute-force isn’t readily available.
IAGON's services are offered at a fraction of the cost.
It learns as it goes on, and its AI improves itself.
6.0 WHY IAGON?
6.1 REINFORCED LEARNING
As I said earlier, IAGON's AI learns over time, thus improving the way it functions. The method by which this is achieved is known as Reinforcement Learning. Reinforced Learning deals with decision making in dynamic environments.
As time goes on, the AI learns what practices are best, to perform optimally and also improve its rewarding system.
6.2 DATA MINING
IAGON handles data mining by using public network protocols over API networks on its private blockchain. No data is needed to be stored by data miners. Miners are actually rewarded for the speed with which they are able to process data. Once data is processed, all they have to do is send the data back to IAGON for analysis, thanks to its machine learning algorithm.
6.3 BLOCKCHAIN
The blockchain is used by IAGON to ensure that nodes haven’t been compromised, and also ensure its security. Miners are rewarded to ensure that data within is not manipulated. It uses the SHA256 algorithm to ensure that a chain link to its previous states are maintained. By sticking to a private blockchain, IAGON ensures that they can manage costs, development and research. As time goes on, and if the need arises, IAGON can scale up to have multiple private chains. This will ensure that there will not be a single point of failure, with regards to quality of service provided.
6.4 TANGLE TECHNOLOGY
IAGON has support for multiple blockchains, and along with Ethereum, offers support for its Smart Grid Computing and Secure Lake Technologies on the Tangle ecosystem. This helps with large scale applications/scalability issues.
6.5 MINING ALGORITHM
IAGON uses a method known as Proof of Variance to determine the quality of miners contribution. This method classifies miners based on their level of contribution. Major criteria for measuring is speed and data volume.
6.6 RESOLUTION PROTOCOL
This is used to handle issues that might arise. It also ensures that discrepancies can be resolved manually.
6.7 ENCRYPTION/DECRYPTION
Used to ensure the integrity of data within the ecosystem, especially due to the risk of breaches. Data is stored using SQL, NoSQL, the private blockchain and other third party facilities, which of course, has to meet a level of standard, as prescribed by IAGON.
7.0 USE CASES
- IAGON can be used in creating smart contracts securely.
- It can be used for data analytics purposes
- Used in identifying nodes(honest and attack).
8.0: IAGON TOKENS (IAG)
IAGONS MVP is available on windows, linux and iOS.
Total number of tokens available is 700,000,000 for all phases.
Crowdsale began on July 7, and will last for the next 30-60 days.
9.0 BENEFITS OF BEING ABLE TO ACCESS COMPUTING POWER/STORAGE AT A FRACTION OF THE COST.
Businesses-both small and large alike can make huge savings, seeing IAGON's services are offered at a fraction of the cost main players in the off-chain sector offer them. They are also able to offer the added benefits of not having the fear of loss of data, being shut out or having their data breached-seeing by extension, IAGON makes use of SHA256 algorithm. IAGON is much more secure than traditional offerings. Also, with the possibility of launching additional private chains, point of failure will be done away with. With miners being incentivised, users can be sure to have top computing power and storage services, anywhere in the world.
Researchers and development teams are always in need of computing power as well. R&D can only advance as fast as their computers can sieve through massive amounts of data. Research moves at an extremely slow speed, when they do not have adequate resources, live in poorer countries or don’t have enough funds allocated to their projects.
By coming aboard, these individuals can harness the power and space that IAGON provides, ensuring that with less funds, they are able to get better services than they will have gotten elsewhere. This will lead to rapid development for researchers and development teams around the world. In so doing, it will lead to the development of all industries, including the AI, big data and cloud computing industries.
10.0 SUMMARY
As demand for computing power and storage grows, so will the value of IAGON tokens, and other players that will enter the decentralised cloud computing space. This will ensure that new businesses will be won over, and the industry will thrive and grow, also leading to record figures being posted in total revenue. IAGON's flexibility and fair pricing will also ensure that the major players rethink their strategy are revise prices, when their user growth begins to decline. < IAGON will also ensure that development moves at a faster pace, because other entrants will be looking to offer more value, and the industry will be the better for it.
As a result of IAGON's advancement, individuals have the benefit of getting financial rewards via IAGON tokens, by sharing their computing power and storage. Users also have access to more secure and affordable storage services, just like businesses, if the need arises. For some users, just knowing that they are able to be a part of creating a whole new realm of possibilities is enough for them. Being part of technological advancement and revolutions by itself, can be gratifying.
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