Dove Network - A Platform for Peer-To-Peer Internet Sharing (Market & Industry Analysis)

jamesndungu (61)in #ico • 6 years ago (edited)

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Dove network is a new start up running on the dove network to help in peer to peer internet sharing using blockchain technology to manage its processes and create a mesh of network that connects internet service providers (ISPs) to billions of internet users in a global scale.

The dove network has innovative features that include Do Protocol (Data Transmission), Smart algorithms, Trade Engine and a consensus engine that allows anonymous and automatic monetization of internet connectivity with internet service providers and their customers.

For more information about my deep analysis of the DOVE Start-up please read this article DOVE NETWORK. In this entry I will be focusing on the market and industry Dove network is venturing to enable you make gather more information about the Dove start-up.

DOVE NETWORK MARKET & INDUSTRY

The industry Dove network hopes to change is the Internet service providers industry, this industry is characterized by high monopoly by larger internet service providers who account for 33.4% of industry revenue by 2018, however its worth to note that due to monopoly risk governments have prevented this player from becoming too dominant paving way for start-ups such as dove network who are the main beneficiaries of this new government policies.

The world internet usage and population has registered a whopping 1052 growth between the years 2000 and 2018 with global users estimated to be around 4 billion, the highest region being Asia with a 48.7% dominance.

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The increase demand for internet services are one of the factors benefiting the industry, however current government policies favor new entrants in the industry, this include the Governments network expansion plans to increase the number of broadband connections to boost rural communities.

The segment has registered a growth of 6.3% annual growth with internet being deemed as a necessity rather than a luxury which is driving the widespread of the industry.

DOVE NETWORK PRODUCTS

The dove network is offering a decentralized solution that will utilize the power of blockchain technology that will solve the problem experienced in this market, the network will aloow a community run centers that free of monopoly. The start-up plans to mint Dove utility tokens that will create a loop of incentives between data sellers and buyers.

ADDITIONAL INSIGHTS

There are several factors favoring dove network on its quest to solve internet connectivity problems in the industry, the main advantage is an effective product promotion, the team has been promoting their products through several measures such as bounties and through their social medial networks including major appearances in major media platforms.

The second factor favoring the Dove network is its adoption of blockchain technology which is a new technology gaining popularity in a global scale, this technology will enable the Dove network to easily scale to a global scale, the platform also utilizes the power of artificial intelligence in the management of the Dove Network processes.

Conclusions

Access to the internet is changing the way people live with the promise of the Internet of Things revolution that will enable global connectivity, this will drive the demand for data – lots of it.

As a result, the Dove network will have a huge advantage in penetrating the vast industry and help supply the high volume of data required, Start-ups like Dove Network will grow rapidly, I will keep a close on the development of Data Network and I believe the start-up has very high potential of being adopted and generating a good return to its early adopters.

References

Internet World Statistics. 2018. World Internet Users Statistics and 2018 World Population Stats. [ONLINE] Available at: https://www.internetworldstats.com/stats.htm. [Accessed 16 June 2018].

Data Centre Frontier. 2018. Internet of Things Driving Change in Data Center Industry. [ONLINE] Available at: https://datacenterfrontier.com/internet-of-things-driving-change-in-data-center-industry/. [Accessed 16 June 2018].

Network World. 2011. Laws of Internet Resource Supply and Demand. [ONLINE] Available at: https://www.networkworld.com/article/2221141/application-performance-management/laws-of-internet-resource-supply-and-demand.html. [Accessed 16 June 2018].

UNited Nation News. 2013. Demand for Internet and mobile services rising due to lower prices – UN report. [ONLINE] Available at: https://news.un.org/en/story/2013/02/433012-demand-internet-and-mobile-services-rising-due-lower-prices-un-report. [Accessed 16 June 2018].