IAGON - THE FUTURE OF CLOUD COMPUTING

ubongj (58)in #iagon • 6 years ago (edited)

IAGON

CLOUD COMPUTING

In the simplest of terms, CLOUD COMPUTING refers to the hosting of data resources outside a local storage facility. So, rather than saving data on physical storage systems or facilities, data is stored in remote online data bases or servers, hence the term “cloud” because the information can be accessed anytime regardless of the location of a user.

The cloud computing sector has seen exponential growth et adoption in recent times. The demand for efficient and affordable cloud computing services surges by the day. This is due to the recent developments in Artificial Intelligence (AI) and Big Data technologies. These developments have led to an increase in the demand of cloud storage services.

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IAGON

IAGON is a revolution that will change the cloud computing sector. IAGON is a decentralized platform that offers cloud computing services by integrating storage services and computing powers of multiple computer systems across the globe to create a unified supercomputer system possessing extreme storage capabilities and computing power controlled with artificial intelligence coupled with blockchain technology .

This makes way for an efficient utilization of dormant computing power all over the globe leading to a very reduced and affordable storage service.

The cloud computing industry is actually a monopolistic sector right now. This is because the sector is dominated by a small circle of moguls. These firms are IBM, Google cloud, AWS and Microsoft. Being the major players, it would come as no surprise that their storage service rates are exceedingly high.

As the rave for cloud computing services go on a high, more and more businesses ; both small, medium and large scale will start adopting this method as they’ll realize its relative efficiency and cost are preferably favorable compared to the conventional local storage methods.

The concept of utilizing storage and computing power of unused computer systems and servers is an ingenious one. This will enable a more reduced service rate. And this reduced cost will favor the big data industry. It will be because the dominion of the cloud computing sector by a small circle of firms will change.

A lot of businesses which were not able to afford cloud computing services will have such luxury. Those who had such capabilities would have extra financial power to channel into other sectors of the business which would be a plus to them.

"IAGON will run their operations while employing their Smart Computing Grid Technology. The smart grid is analogous to the power grids of electrical and electronic systems . The Smart Computing Grid is based on advanced Artificial Intelligence components that include more than 100 Machine Learning algorithms , methods and techniques that integrate to form our AI-Tracker system. AI-Tracker is the “brain ” behind IAGON’s Smart Computing Grid . It optimally allocates encrypted fle slices to the miners ’ free storage spaces and computational tasks to the miners ’ free (idle) CPUs and GPUs that compose the Smart Computing Grid"Whitepaper, page 11

This smart algorithm network enables smooth transition of IAGONs services. It allocates file slices to designated storage locations, detects unused storage and computing power and redirect these to where they are needed and it also connects consumers and producers simultaneously on the network.

IAGON is a project that intends to maximize as much unused computing power as can be found. And if enough computing power is realized and their concept of mass collaboration of systems is widely adopted, then their vision “TO REVOLUTIONIZE THE CLOUD AND WEB SERVICES MARKET” will be achieved. This is because the IAGON network will have so much computing infrastructure that the price will be cut to a fraction of the conventional rates in the cloud computing sector.

This will be very beneficial for small development teams with low budgets. Development teams as these have the need to carry out high speed computational processes and access to data bases for storing files and repositories. With the very high cost of these services due to monopoly, they might find it very burdensome carrying out projects and it could be a very major slowdown to them. IAGON would eradicate this seemingly malignant roadblock.

The AI and Big Data industry will be shaken by the emergence of IAGON. It will be a new chapter in the history of cloud computing. According to Forrester cloud computing business is anticipated to reach 191billion USD by 2020. This is because the demand for cloud storage facilities and more computational power will grow exponentially in the future. Big Data operations will go on a high as the need for accumulating and storing data increases.

Computing power will be needed very much due to advances in AI technology. AI technological processes demand large computing power and this will need to be catered to. I envisage a time where almost every single business unit in the world would need to employ the services of a cloud computing firm. Small, medium and large scale businesses will have the need for these services, because more and more data is being churned out on a daily basis.

These data need computing power to be churned out in the first place and efficient yet cost effective avenues of storing them.

IAGON offers both secure and suitable storage services coupled with a cost effective token based system that makes everything go smoothly.
According to IAGON

"We use a combination of machine learning algorithms, neural networks and blockchain technology to secure our platform".

This shows the working of a smart and secure service.

Finally, IAGON opens a whole big world of opportunities for individuals as myself. I could decide to be a miner on the platform. Miners are entities that share their computer resources with IAGON and in return share revenue. So in effect, I can earn just by allowing IAGONs cloud platform utilize my unused computer resources.

IAGON also offers creation of smart contracts.

These smart contracts can be created without having prior knowledge of coding or you having to write any codes. Just a simple user interface. This will cast of the worries of individuals who frown at blockchain endeavors just because they cannot program or do not have the financial capability of hiring a coder.

Again, IAGON provides secure services. Since the network is not a centralized one-which is a common feature of existing Cloud computing systems today-there exists no risk of infiltration of the database by hackers and the advanced AI technology of the AI technology allocates and encrypts file to the various unused computer systems rather than one central one.

All these leading up to a very highly secure, ingenious and affordable cloud computing service. The token based system of IAGON is a plus as it will aid monetization.