IOVO-Internet of valuesteemCreated with Sketch.

in blockchain •  6 years ago 

IMG_20181230_211838.jpg

What is IOVO?

IOVO is a DAG (directed acyclic graph) designed as a platform for various
applications. IOVO’s primary functions are to collect, store, and secure user
data shared with applications built upon the IOVO DAG. User data cannot be
accessed by other users without the original users consent. If a user agrees to
share their data, they will receive an agreed fee when that data is accessed.
Users decide precisely how much of their data is made externally accessible to
other parties, while keeping complete control over it. Every browsing action
and query requires a payment. IOVO serves as a personal data wallet. It builds
a powerful universal database that allows unrestricted analysis opportunities.
IOVO provides the infrastructure to create a new data economy, one which
allow users to monetize their data and access benefits that were previously only
available to the owners of platforms and applications.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Congratulations @ranjeet54! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 1 year!

You can view your badges on your Steem Board and compare to others on the Steem Ranking

Vote for @Steemitboard as a witness to get one more award and increased upvotes!