COVA is a new paradigm for data to be used as capital. Data is quickly becoming the most important asset in the world, yet currently there is no infrastructure to control how it is used. COVA provides a unique solution to this dilemma and allows data owners to take advantage of the commodification of data - https://blog.covalent.ai/blog/bi-weekly-updates-vol-7
Data is an important aspect of the internet, since there is a need for constant internet usage, protection of this data and control by users is important as we advance further into usage and growth of the worldwide web. It is also important to note that "Data" as a subject is wide area of study which covers a broad spectrum of subjects ranging from medical, aviation and a lot more.
Quite surprisingly we've seen little to no attempt to address the security and control of data, an area Covalent Network is working passionately in past months in filling the spot. COVA protocol is a new addition to the internet protocol suite that creates a web of secure and trusted execution. On COVA, data can be controlled with a Smart Policy: a data usage policy written in code that defines and enforces how it can be used.
Data is executed with instructions from its owner;
- Where do our data go after usage?: Currently there is really no idea as to where our data go after execution, it is believe to be in the confines of platform owners who may decide on what to do with the data, several studies have been conducted to research on how our residual data is stored and used, reports haven't until now be on the favourable side of the real data owners.
- Can unused Data self terminate?: Again until recently there haven't been much hope accompanying this claim, Cova Network protocol which will be an improved version of the current traditional internet protocol will see to Data following the instructions of Data owners, self termination of this data will be written in an enforced policy of the protocol suite.
- Can I give instructions to my Data?: Passionately and steadily the Cova Network team have been right on this attempt, with the release of the Cova Nyx Testnet which have seen Cova having an efficiency 100x over that of Ethereum, users will have complete control of their Data moving forward.
- How secured?: The shift to blockchain for data protection is the right step in the right direction, the weakness of the architecture of centralized network exposes easily users data to hackers, manipulators and generally bad actors, just recently Cryptopia a centralized exchange is witnessing what seems to be an attempt to hack and steal both users funds and information. Cova Network is incorporating intel security lab developed TLS into the system for safety of user data when executed in the protocol suite.
COVA protocol is a new addition to the internet protocol suite that creates a web of secure and trusted execution. On COVA, data can be controlled with a Smart Policy: a data usage policy written in code that defines and enforces how it can be used. Data is safely transacted and processed inside a secure enclave by a swarm of TEE nodes equipped with Intel Software Guard Extensions (SGX), which prevent the host from being able to see your data or tamper with execution of code. COVA uses the guarantee from the processor-level security to implement self-protecting data with Smart Policies. - https://covalent.ai/
Cova Network will be serving lots of industries especially in the medical and financial fields which hitherto haven't been effectively utilized due to privacy concerns, it will be one of the very first project to support the entire scientific computing stack of python—including Numpy, Scipy, Scikit-learn, and Pandas on SGX. Data scientists can organically integrate their existing models with data on COVA and use tools familiar to them, including much of the Python ecosystem. This use cases will inspire growth of its token value currently trading in exchanges listed under CoinmarketCap.
Cova Market
Price is in a considerable range, looks good to enter;
market can be found here https://coinmarketcap.com/currencies/cova/#markets
More Resources
Blog: http://blog.covalent.ai
Website: http://www.covalent.ai
Telegram: https://t.me/covalentofficial
Twitter: https://twitter.com/covatoken
Medium: https://medium.com/@covatoken
Reddit: https://www.reddit.com/r/Covalent_Official/
Github: https://github.com/covalent-hq/wiki/wiki