INTRODUCTION
In this publication, a platform capable of changing the cloud computing industry, their benefits for businesses, impacts on the AI and Big Data industry and how you as an individual can benefit from sharing your computing power and storage will be properly and articulately discussed in a very simple language for a better understanding.
Current Challenges Of The Cloud Computing Industry
Lack of resources/expertise is one of the major problems the cloud computing industries are currently being faced with and this is due to the fact that many of them are increasingly placing more workloads in the cloud while cloud technology continues to grow rapidly. However,
there is no enough resources/expertise to keep up with the level of advancement. Although getting more hands on deck could have been a solution to this problem, but in the case of SME organizations, which may find adding cloud specialists to their IT teams to be prohibitively costly.
Data breaches are what some organizations do voice out about concerning the use of cloud technology. There has been cases in which sensitive information has gotten into the hands of malicious hackers who may manipulate,
delete or otherwise exploit the data. Encryption might be a solution to this( in term of protecting vital information), however, if the encryption key is lost, the data disappears. Others include; compromised credentials and broken authentication, hacked interfaces and APIs, account hijacking etc. Security has indeed been a primary concern from the start of cloud computing technology, and this makes trusting sensitive and proprietary data to a third party very difficult.
A good governance of IT should ensure an adequate control and high level of maintenance of IT assets and their implementation according to agreed policies and procedures and ensure they are supporting an organization’s strategy and business goals. However, IT does not always have full control over the provisioning, de-provisioning and operations of infrastructure, and this has brought about difficulty for IT to provide the governance, compliance and the required risk management.
Also, moving businesses to the cloud makes it dependent on the service providers, which often provide them with innovative technologies they would have no access to. Servers maintained by cloud computing companies can fall victim to a internal bugs, power outages and natural disasters which could lead to the breakdown of the entire system. Simply put; When your provider is down, you are also down.
A New Horizon
However, as always said that no matter how big a problem is, there is always an available
Now;
Imagine a world with a global computational grid, more powerful than a super computer; Imagine a world where anyone can profit by joining a massive processing and storage platform; Imagine a world where data are fully secured and data breaches are no longer a threat; Imagine a world where Artificial Intelligence becomes accessible to all and produces powerful insights. Imagine IAGON
(From iagon introductory video)
IAGON
IAGON is an Open Source platform on which the storage capacities and processing power of multiple computers can be effectively and efficiently utilized over a decentralized Blockchain grid, enabling the storage of big/small data files and repositories. It supports the execution of complex computational processes like those involved in artificial intelligence and machine learning operations within a platform that integrates blockchain, cryptographics and AI technologies with maximum level of security and encryption.
The major aim of IAGON is to provide a decentralized grid of storage and processing which would ignite a revolutionary change in the cloud and web services market. However, a super-computer and data center can be created by IAGON via the integration of unused storage capacity in servers, personal computers and their processing power which can compete with any of the current cloud computing giants.
IAGON also aims at equipping or providing companies and individuals with storage and processing services at a relatively cheaper price and an improved level of security through the connection of data centers, business and personal computers, and at the same time utilizing their free storage capacities, CPU and GPU processors during idle times which help to overcome the entry barriers imposed by the high level of investments required to compete in such market.
Also, IAGON will incorporate the use of token into their ecosystem which focus on computer, server and data center owners joining the storage and processing power grids which will serve as a means of paying back to them for sharing the capabilities of their machine. Interestingly, this token known as IAGON token can be traded for fiat money , and any party interested in using their capabilities will need to
purchase IAGON tokens for distribution to the parties that provide their services to the grid.
Through these, IAGON is able to bring abrupt changes to the cloud computing industry.
Principal Component Of IAGON
Multiple Blockchain Support
In the bid to provide users and miners a complete flexibility and freedom of choice for the provision and consumption of a decentralized cloud services, IAGON will ensure the availability of a multiple Blockchain solution. This will enable them to run their cloud storage and processing operations both on the Ethereum Blockchain and on Tangle.
With this, Users and miners are left with the options to choose either Ethereum or Tangle for a secured storage of files processing computational tasks, and for making and receiving payment in the form of IAGON tokens for cloud services , and also gaining access to the market’s prominent and state-of-the-art technologies.
IAGON’s Secure Lake Technology
The Data Lake architecture of IAGON is based on the implementation of a NoSQL central database which could be MongoDB, HBase or Cassandra which allows the storage and retrieval of any form of files.
Unlike the data lake architecture of other centralized companies which once hacked, an intruder can get into the database system, explore it and gain access to valuable data describing every vital aspect of the operations of an organization being hacked. However, with the IAGON’s Secure Lake technology, files are securely encrypted and decentralized thereby prohibiting unauthorized access to them if at all they are being hacked.
Architecture
IAGON’s architecture can be broken down into three parts each having its own unique funcyion. They include; Machine Learning, Blockchain/Miners and Encryption/Decryption.
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BENEFITS
It is no longer a news that cloud computing is bringing or has brought a new dawn to the IT industry, business intelligence landscape and virtually everything it touches.
Businesses, either small or big are coming to the realization of its benefits. For businesses at the bud stage, small and medium ones, that can’t afford costly maintenance of server but need to scale overnight, the benefits are of great value.
It offers big businesses cost-saving potential. IAGON is able to reverse the requirements given to companies to purchase, construct and maintain information management technology and infrastructure at a costly amount and this implies that; instead of investing a huge amount of money on server centers and global IT departments that require constant upgrades, a firm can easily do this at a reduced cost with more efficiency.
The availability of the service at a reduced cost enables users to easily check their emails on any computer. Also, the possibility of users to back up their files, musics and photos on the available free space ensures the immediate availability of those files.
Individuals find that when they upload photos, videos and documents to the cloud and retrieve them at their convenience, storage space is being reserved on their laptops or desktops. Also, it enables users to upgrade software more easily and quickly.
However, the implication of accessing these services that will be made available at a reduced cost by IAGON will enable businesses, both small and large scale to do more of the aforementioned things.
Other Benefits
IAGON enables miners to generate revenue for sharing their computer’s resources including processing power and storage.
It supports the creation of own smart contracts by virtually anyone on an easy to use user interface without the need to write any lines of code.
Impact Of A Global Super Computer Created By Interconnecting Computers Via The Smart Computing Grid
IAGON’s Smart Computing Grid is able to execute the following operations
• Creates a connection between multiple producers and customers
• Brings about the fulfilment of the demand for the necessary resources
• Helps to transfer unused resources to customers in need of CPU and GPU processing power and storage space
• Provides processing power and storage space to the grid without the requirements of efforts when servers and computers remain idle. This is of great benefit to miners.
A super-computer created by interconnecting computers via the Smart Computing Grid should be directly built on an advanced Artifcial Intelligence components with over 100 Machine Learning algorithms, methods and techniques that come together to form an AI-Tracker system; this is what IAGON uses .
The AI-Tracker is a powerful learning system with the ability to continuously analyze past and current data streams which depict availability of storage space and processing capacities of miners. Additionally, the AI- Tracker is able to execute tasks such as; optimally allocating and transmitting encrypted files to targeted storage spaces at a very high speed, and equipped with the ability to identify rogue nodes that should be blocked and removed from the grid which subsequently helps to maintain a level of accuracy within the grid system.
IAGON's Influence On The AI and Big Data Industry
Artificial Intelligence is often implemented in generation of a better user experience since it consist of a set of advanced computational models and processes made possible by putting human brains to work. Interestingly, this is the brain behind the working principle of many apps, websites and applications in an efficient and perfect way which doesn't interfere with the user’s interaction. However, making researches through the interaction of human has not been easy for many developers as the cost for doing this is quite expensive.
The use of IAGON services in this respect could be very useful since it is associated with relatively cheap cost. So, for developers who need the assessment of whatever App they have created at a cheap price and for an efficient result, IAGON will be the best option they can opt for.
Also, AI research is considered a continuous research and a continuous training of these machines will result in the acquisition of more data which can be used to fuel a more intelligent and accurate AI systems for the creation of better solutions. This subsequently helps to better the AI industry in a way
The current state of things is that cloud storage services are being dominated and managed by a few large industries or companies including Amazon, Google and Microsoft which have made the services more expensive and difficult-to-obtain service which has made less people to benefit from the industry. However, with the invasion of IAGON, these services will be made available and more accessible by virtually everyone who is in dire need of it at a relatively cheaper price. The implication of this is that more and more users will come into the system thereby igniting a rapid growth.
Benefitting As An Individual By Sharing One's Computing Power And Storage
The fact that it is quite impossible for one to make use of or utilize the maximum potential of one's system should bring a urge of wanting to share it with those in dire need of it. Moreover, Intellectuals who have something to contribute should be allowed to tap into these cheap, powerful and secure resources.
However, as this is of benefit to them, so it is of benefit to me since this will create opportunity to earn more, in terms of IAGON's token which can be exchanged for FIAT money.
Use Cases
Use Case 1
Let us assume a startup company with low budget is in dire need of cloud storage services at a cheap cost. Although this can be gotten from centralized organizations but very expensive which could lead to the discouragement of getting things done by the startup. However, with IAGON, these storage services can be procured at a lower cost and more reliable in term of security than others.
Use Case 2
In the case of an individual(who is a user of IAGON) with an unused space on his system which he allows IAGON to make use. Such person will be rewarded with some IAGON tokens which can be traded for FIAT money, thereby enabling him to earn some cool cash.
IAGON Tokenomics
Roadmap
Meet The Team
Advisors
Strategic Planners
Initial Adopters
Summary And Conclusion
The need for computing power and cloud storage continues to grow without so much advancement in the current available system as there are still some observable drawbacks which hold back some potential users. However, the invasion of IAGON whose major aim is to revolutionize the industry by offering these services more effectively and efficiently at a significantly reduced cost, there will be an increase in the adopters of the services which subsequently bring a rapid growth in the industry. Not only that, just like businesses, users are also granted access to a more secure storage service.
Also, the advancement IAGON is bringing into the system, individuals like you and I have the benefit of getting financial rewards in form of IAGON tokens by allowing others to our computing power and storage.
Undoubtedly, IAGON is the way forward in the cloud computing industry.
For More Detailed Information & Resources, Visit:
IAGON Website
IAGON WhitePaper
IAGON Business Plan
IAGON BTCTalk
IAGON Facebook
IAGON Reddit
IAGON Steemit
IAGON YouTube
IAGON Twitter
IAGON Medium
IAGON Linkedin
IAGON Github
IAGON Telegram
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- AcheeRx