The decentralized MODULE platform is a project based on the blockchain, it is a kind of global data warehouse. The system offers users to earn on providing a free memory of their mobile devices or laptops.
The innovative software of the company hopes to eliminate the problems inherent in existing blockchain services - excessive power consumption and unofficial centralization - allowing even users with low power consumption to place part of the chain circuit as part of the cloud system. The company also issues its own MODL token, which will be needed to access the platform.
How does the Cloud Blockchain storage network work?
The primary product of MODULE is a storage platform based on the blockchain, which allows customers to use the free memory of their mobile devices for earnings. The system does not necessarily target end users, but rather software developers who could use it to process internal components of a variety of applications.
The developers of MODULE have calculated that on smartphones and other devices around the world it's easy to use billions of gigabytes; While most blockchain services depend on very powerful computers to verify transactions and store data, MODULE assumes the use of all available memory of mobile devices and computers of its customers.
All data stored on the MODULE platform is completely encrypted, they are protected from outside interference, and they are easily accessible even if the host device is offline since there are several copies.
The platform algorithms are designed to offer a truly decentralized system that will not have problems, it will be able to work really globally, even in the future, as the requirements for hardware of computers and programs continue to grow.
MODULE allows its customers to set their own prices for hosting. As the company hopes, such a modern approach will stimulate healthy competition and allow users to purchase only those resources that they need to store a certain amount of important information. Access to the service will require payment in MODL tokens, which are used to compensate host users.
The development of the decentralized MODULE platform began in May 2018, although the company's roadmap indicates that the beta version will not be released before the end of the year. The company hopes to release a convenient application for smartphones via Google Play and the App Store in early 2019.
APPLICATION DEVELOPER OPTIONS:
GET REWARDED IN MODL TOKENS FOR HOSTING DATA
Rent your unused storage and become a Module miner.
DATA TRANSFER SPEED AND AVAILABILITY
Transferring data from the assets nearest to the recipient
As the Module gains popularity, more and more mobile storage capacities will be available to you in your city, on your street, in your building
DATA PROTECTION
Decentralized and verifiable storage
VStrong forced end-to-end encryption
Data redundancy and self-healing
Proof of space, time and transaction for mining blocks
OPTIMUM CONDITIONS FOR STORING DATA
Best prices & guarantees thanks to a large number of competing storages
Visible and verifiable bids
Time-saving mobile smart contract system
This set of unique technical solutions will greatly expand the ecosystem’s capabilities, allowing it to grow and develop successfully.
Detailed description of Module technology is presented in Module White Paper.
FEATURES
MODLAPP PRODUCT DEVELOPMENT
Internal testing will start from October 2018. The beta version will be distributed to users in December, after the completion of testing. The official release in Google Play and App Store is scheduled for January.
THE VALUE OF THE MODULE PLATFORM IS PROPORTIONAL TO THE NUMBER OF DL (USERS)
One of the features of our project is that a token holder = MODL user. The beta version of the MODL application will be distributed to the users who purchased a MODL token during the ICO. The more activity on the application, the more value of MODL to be distributed. Influencers will be used to propagate the App and acquire users. Press releases will begin in the Asian region from August 2018.
PLATFORM OPERATION
Our goal is to develop content in which users can participate, such as advertising models and crowd funding. The release of unique content will improve user satisfaction.
Module MODL Token ICO Detail
The MODL module is a compatible Ethereum ERC-20 toke. Private pre-sale will be held from 15 June to 31 July 2018. After that all general ICO sales will commence and will last until August 15th. In clouddale, pre-sale customers get a 7% discount, but MODL tokens cost $ 0.008. MODL token Soft cap size 5M, hard cap 30M.
MODULE TOKEN SALE
Ticker symbol: MODL
Token during ICO: ERC-20
Type: Utility token
Total emission: 15,000,000,000MODL
Price per 1 token: 1MODL = 0.008 USD
Softcap: $5 000 000
Hardcap: $18 000 000
Total emission: 15,000,000,000 tokens
For distribution: 2,250,000,000 tokens
TOKEN DISTRIBUTION
After the end of the ICO, a percentage of the token will therefore be distributed to all categories of persons whom have contributed towards the development of this great project. Below is a diagram categorically illustrating the distribution formula;
CONCLUSION
Conclusively, the PoSTT blockchain creates a cloud of nodes (verifier, farmer, miner) with a bridge server established at the center of the nodes in order to regulate the transactions and ensure full compliance.
• The Verifier is the intermediary of data and storage in P2P network
• The farmer is the client who provides the storage space
• The bridge server is the regulator and assigner of the various transaction.
• The blockchain executes and confirms the smart contract.
For More Information:
Website: https://modltoken.io/
Onepager: https://modltoken.io/doc/onepager_en.pdf
Whitepaper: https://modltoken.io/doc/whitepaper_en.pdf
Facebook: https://www.facebook.com/moduleproject/
Linkedin: https://www.linkedin.com/company/module-project/
Telegram: https://t.me/module_project
Twitter: https://twitter.com/MODULE_Project
Author : sirop
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