Due to the advent and continual development of Big data technologies and Artificial intelligence coupled with the adoption of these fantastic innovations has there been an increase in demand for large storage capacity as well as the computational processing power. The cloud market offering these services to corporates, companies and the likes is believed to be worth 45 billion USD per annum and it still grows continually. As at now, the market is controlled by four major players which include IBM, Microsoft, Google cloud and AWS. The downside is that they use unreliable computation and storage facilities and they also set high price level for their service.
IAGON platform seeks to stop this monopoly and restructure the web and cloud service market thereby offering decentralized processing and storage system. IAGON can be further described as an open source platform created to connect both the storage and processing capacities of multiple computers via a decentralized Blockchain system. With IAGON, repositories, the large scale of data, as well as smaller files and other complex computational systems can be effectively stored. These systems also include the machine learning operations and artificial intelligence embedded within an encrypted and ultra-secure platform for the integration of cryptographic, blockchain and AI technologies in an accessible way.
In addition, IAGON will offer numerous Blockchain options and plan to run both its processing operation and cloud storage on the Tangle as well as the Ethereum Blockchain. Users have the chance to choose either the Tangle or the Ethereum Blockchain for the processing of computational tasks, storage of files, payment of tokens used for cloud service, and in particular, to enjoy the numerous benefits associated with the advanced technology and other amazing services. The fact is that the IAGON platform has been revolutionized to tackle and eliminate the issues mitigating the use of artificial intelligence, big data technologies as well as ensuring that files are secured.
For data mining, IAGON utilizes a different approach. IAGON uses a private blockchain coupled with public network protocol passed across API networks. Miners do not need to store files or data for the mining operation to be carried out, instead, a miner's major function is to process the data and send the processed data back to IAGON platform for comprehensive analysis. The mining of data on IAGON platform does not have to pass through the stage of complex algorithm to process or complete a task. Instead, it uses the decentralized computer networking system to distribute workload and speeds up the data processing operations.
The pre-sale of IAGON tokens will start on the 27th May, 2018 at exactly 16:00 CEST and will last for approximately 30 days. People who participated in the pre-sale event will have the rare opportunity to make their purchase based on their DSS rating. The crowd sale of IAGON token will start on the 7th of July, 2018 and will last for at most 60 days depending on the sale. The purchases can be made via the Bank transfer, debit card and ETH. All the required information will be available on their website, https://iagon.com.
The platform was initiated and developed by a group of professionals namely; Dr. Navjit Dhaliwal (CEO), Dr. Elad Harison (Chief Operation Officer), and Dr. Claudio Lima (Chief technology officer) with other team members and advisors
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In conclusion, this platform aims to revolutionize the cloud and web market by offering quality services at a fair price rate.
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