Cloud computing & storage services are now practically all in the hands of big companies like Amazon, Google, Microsoft ... Have you ever asked how these giant companies are able to manage all the data that they are handling?
Projects that involve big data, IOT, AI and machine learning will be huge value generators for various industries but for every company to want to set up their own environment requires plenty of resources. Because of this, they are at the mercy of these companies, when it comes to security, up-time and pricing.
What is IAGON ?
IAGON is a decentralized open-sourced computing and storage service platform that take advantage of the storage capacities and processing power of multiple computers through a decentralized blockchain network. It was designed to create a supercomputer that has the ability to compute and analyze a vast number of data that is powered by Artificial Intelligence & Blockchain Technology.
IAGON major aim is to provide small companies and people with storage capability and ability to process services at a cheaper and very affordable rate and also offering better security.
The Problem:
Currently in the market, the problem is that super computers are only accessed by large companies like Google, Amazon, Microsoft, and Daraz.pk as they pay high fees to be able to use super computers and other centralized computing resources. Individuals and smaller companies are not able to afford this services.
As Deep Learning and other aspects of Artificial Intelligence is adopted into a wider range of fields, high computing power is required to evaluate large data sets and this creates a huge challenge for new and upcoming developers who wish to pursue Deep Learning Projects.
How IAGON will work:
IAGON runs using a smart computing data grid that works more like a centralized storage host, more like a power source that is responsible for the allocation and distribution of storage space available on the IAGON platform. The Smart Computing Grid manages a network of CPU and storage providers and also allows its users to earn by accessing their unused data.
IAGON’s Secure Lake Technology is based on the Blockchain unbreakable encryption technology, on file slicing and storage of small, anonymous and strongly encrypted slices of the original files. It will use military layer file encryption (SHA256) ensuring a high level of security.
Functions of The Smart Computing Grid:
- Determines underused resources and adds
them to allocation pool for users to access. - Allows the CPU and storage providers to earn.
- Manage a network of CPU and storage providers
as well as users who need those resources.
IAGON Ai-Tracker:
The AI-Tracker has more than a 100 different Machine Learning algorithms that power the Smart Computing Grid's resource allocation system. This tracker will be used to identify the problems related to nodes between storage providers and users. Based on historical data, the AI-Tracker manages node quality, storage and CPU distribution optimization. The AI-Tracker is designed to evolve and optimize it's own distribution algorithm, growing and improving along with the entire network.
IAGON Tokens:
Users can earn using the IAGON platform by sharing their unused space in exchange for tokens. Users can exchange their space in exchange for tokens which in return can be converted to FIAT money and users who need extra space can buy tokens and use them as a purchasing power to buy storage space on the platform.
The IAG tokens are currently priced at 0.12 USD per token and can be purchased here.
IAG tokens can be purchased by ETH, Bank Transfer or debit/card. KYC/AML required.
Conclusion:
Their vision is to create a global supercomputer grid, powered by Artificial Intelligence & Blockchain Technology that will revolutionize the cloud and web services market. IAGON's major aim is to make cloud computing and large data storage accessible to a wide range of people.
"Having a global supercomputer that is accessible to all is not only a resource the world needs but a effectively a more optimized way to leverage resources."
More Information & Resources:
IAGON Website
IAGON WhitePaper
IAGON Business Plan
IAGON BTCTalk
IAGON Reddit
IAGON Steemit
IAGON Twitter
IAGON Github
IAGON Linkedin
Great post!
Thanks for tasting the eden!
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