What is IAGON
IAGON is a platform for harnessing the storage capacities and processing power of multiple computers over a decentralized Blockchain grid. IAGON utilizes enables to store big data files and repositories, as well as smaller scales of files, and to carry out complex computational processes, such as those needed for artificial intelligence and machine learning operations, within a fully secure and encrypted platform that integrates blockchain, cryptographic and AI technologies in a user-friendly way.
This platform will offer secure storage over any clustered, centralized network. Plus, since the ecosystem will have its own network of data miners, data processing will be quick and well-distributed.
With these miners, analyzing huge chunks of data to gather fresh insights won’t be challenging. Plus, in terms of IAGON’s security, the platform uses smart contracts to separate attacking nodes from the honest ones within the system.
So, with all that in mind, the platform is robust enough to store and process huge chunks of data at rates that won’t break the bank.
The IAGON platform was designed to benefit different types of users and it’s main share of the user market consists of corporates, public institutes and SMEs that require large secure storage and processing capacities (including cloud services, database storage, historical data archiving, data analytics, batch processing, etc.).
Benefits of IAGON to the business
Lack of resources/professional: It is difficult to manage the IT Infrastructure with a small number of IT workers.
Performance: Cloud providers that experience outages or failure.
Ability to manage multiple cloud
Managing costs: Cost cutting is a major task when trying to run a business. The IT budget is a big concern due to its rapid changes and advances.
Security: This has been one of the main concerns when it comes down to cloud computing. Not knowing exactly where or how your data is being stored and processed.
Benefits to the market and individuals
User Friendly Platform: bulit for trusted operations of decentralized applications on a single platform for every type of user
Cost Effectiveness: IAGON allows businesses to cut costs up to 70–80% since it relies on the network and requires fewer staff members.
Reliability: 24/7 operation of the storage grid, processing grid and the Blockchain/Tangle are guaranteed by IAGON platform. Their Blockchain-based services ensure 100% availability of stored files, without any “blackouts” that often happen in other centralized cloud platforms. They do this by applying Machine Learning techniques and predictive analytics for forecasting and preventing these events.
Extreme Security: IAGON utilizes dual layer security, (Encryption and Blockchain Technology) that’s 100% secure and resistant to hacking.
Efficiency: The AI (Alexandria Protocol) optimizes the grid and finds the best solution for business needs.
Smaller development teams with lower budgets benefit from IAGON because it will help reduce the cost that they will use to get the information they want or to store their data.
How will IAGON impact the AI and Big Data industry?
The Big Data market is characterized by the recent adoption of Data Lake architectures, such as information. Systems that are based on the Hadoop framework, by large companies. The Data Lake architecture is
based on implementation of a NoSQL central database (such as MongoDB, HBase or Cassandra) in which
fles of any sort can be stored and be retrieved from. Companies can virtually define a central depository for
their information and data files that does not depend on the contents or on the file types and provides a user-
friendly and accessible source for all the files managed either in SMEs, middle sized companies or large
corporations.
Nonetheless, the data lake architecture suggests that once it is hacked, an intruder can “swim” in the data base
system, explore the files and gain access to valuable data describing every aspect of the operations
of an organization that is hacked. One of the major uses of IAGON ’s Secure Lake technology in encrypting,
slicing and distributing the data lake files is “freezing” the lake, that is prohibiting by means of encryption
and decentralization of files any party from navigating within the data lake after gaining access to it.
IAGON Partner
IAGON Conclusion
The company works with transparency and has a verified team. They are using sophisticated technology to create a new platform that is promising to change the way communication and cloud computing works. They are still in early development, keep an eye out on these guys as they will likely be making big waves in the nearby future.
For more information watch this short introduction:
For more information you can visit the life changing site IAGON
Here is the link to the contest here
iagon2018