IOVO - Internet Of Value Omniledger

in #iovo6 years ago

Website : http://iovo.io/
ANN: https://bitcointalk.org/index.php?topic=4509519.0

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IOVO (Internet Of Value Omniledger) is a BLOCKCHAIN network of first decentralized human values IOVO is a unique global open network database for storing and exchanging information about all types of quantitative value assets. IOVO is a DAG (Asiklik Charted) that is designed as a platform for various applications. IOVO was built with the aim of providing a foundation for decentralized applications. With this, most users will not immediately use the low level IOVO function. They will use user-friendly dApps created by other user networks. Each dApp developer can create new scores with dApp or use one or more existing scorings. Therefore, the author dApp decides which user data will be used for a particular business purpose and defines the rules for data access. Therefore, the actual IOVO function will be driven by the developer dApp, not by IOVO creators. The IOVO is based on the idea that there will always be data generated from every moment of our lives that is quantitative in value is an important element of our future freedom. The main function of the IOVO is to secure user data by collecting and storing data shared with applications built at IOVO DAG in other words if other users want to open someone's data then they must have the data owner's approval. If the user agrees to share data, when data is accessed they will receive fees according to what has been agreed. The user also determines how much data can be accessed by other users while maintaining full control over the data. Every search and request action requires payment. The IOVO functions as a personal data wallet and it builds a strong universal database that allows unlimited analysis opportunities. IOVO provides the infrastructure to create a new data economy, which allows users to monetize their data and access benefits that were previously only available to owners of platforms and applications.
Contemporary social and economic reality increasingly depends on data. Data flow (collection, storage, management, exchange, etc.) Defines the power structure in politics and economics. Centralization of all levels of processes and mechanisms for democracy and the current root causes and decline in human values in the future.
Following are the main reasons why IOVO is needed:
1.Large organizations always harvest and process data generated by the activities of every human being on the planet. Individuals do not have the technical resources to determine what other people will use in their data and they do not have full control over their own data. Data is harvested and monetized while individuals appear to produce useless data. Once centralized, this personal data is easy for invalid uniqueness and often hostility.
2.There is a need for a cumulative universal database that can be easily explored and analyzed. IOVO DAG is a comprehensive network database that can be accessed by analysts and researchers from all possible fields.
IOVO stands against all kinds of misuse of data and a complete infrastructure inventory securing ownership rights and monetization of user data. In addition to providing data protection, the IOVO serves as a database that collects data from all applications created or based on it. Various kinds of applications are possible and means that the IOVO network has the potential to become the largest database in the world that combines data from various fields. The diversity of data stored in the system will produce significant public and commercial research results. At present, data from various disciplines is siled, and separate databases must be used for comparative analysis, additional costs in terms of time and resources. The IOVO network will gradually carry out different case analyzes in the search for a single network / database. This means a large increase in analytical capabilities and the quality of conclusions drawn, which in the traditional database approach has no chance for traditional methods to restrict access to certain databases, increasing costs and time. The IOVO network provides an opportunity to change the approach to database analysis to methods that are difficult to do in a traditional framework. For example, imagine a study of the effects of various factors that influence the development of a disease, one of which considers factors that have not been analyzed (for example, social, personality, etc.). Data connection potential is very important considering easy access to data and costs. Of course, this easy access does not need to sacrifice data privacy. Analysis on the IOVO network will only use data with user consent and intrinsic mechanisms that can make users benefit from their data used in accordance with the IOVO idea.
IOVO DAG is designed for rapid development and is understood to be developed to cover as many social and commercial fields as possible in a short time. Special tools to support this rapid development have been included in plans for system expansion. The initial stages of developing expansion will include the IOVO development team's own projects. In addition, the most promising IOVO DAG-based projects will be accelerated under the guidance of the IOVO Foundation. After the DAG transformational IOVO testing and final technical development, the development team will focus on the progress of IOVO foundation legal institutions. IOVO Foundation will work as an accelerator for the most promising projects proposed or already under development at IOVO DAG. After being taken under the wing of IOVO Foundation, selected projects will find several tools needed for their development, such as legal, technical and marketing support. The greater the number of successful IOVO DAG-based Projects and the greater its popularity, the faster the entire IOVO database network will grow.
IOVO as a network, decentralized data network IOVO will connect consumers and data providers throughout the world. IOVO restores full control of data and monetization to users. The user decides exactly what data will be shared and what the value is. Users and companies spend IOVO tokens to search for data on the network. IOVO tokens are distributed between users who share their data and nodes that maintain the system. Companies can send IOVO requests about certain users or search for users who meet certain criteria. This will greatly increase the response ratio to targeted advertisements and services, because all users have participated voluntarily.
To find complete information about IOVO tokens you can visit the site http://iovo.io/ which is the official IOVO website.
And for more information visit also some of the official IOVO sites:
Whitepaper: http://iovo.io/assets/whitepaper.pdf
ANN: https://bitcointalk.org/index.php?topic=4509519.0
Twitter: https://twitter.com/iovoledger
Facebook: https://www.facebook.com/iovoledger
Telegram: https://t.me/iovoledger
Medium: https://medium.com/@iovo

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