The IOStoken has been continuing to hit news big time and the reason for that is that it may just have the potential to grow at a tremendous rate and become an asset with a real world use for IOS (The Internet of Services). And given the success of blockchain so far it may not be a surprise for this token to make it by enabling the development of blockchain-based platforms which enable the facilitation of services.

IOStoken Blockchain – How Does It Work

While may tokens who have launched as ICOs in the goal of utilizing blockchain technology, one thing has remain clear – their main problem was marketing the real-world usage. When it comes to IOStoken, however, marketing may not be an issue in the near future, simply because of the niche, that has been chosen. It aims to be a secure and scalable blockchain which is aimed at IOS – Internet of Service. When we zoom into that it quickly becomes obvious that the IOST token is related to the types of blockchains enabling measures to improve the blockchain technology via a high transaction output – 100 thousand transactions per second to be precise. If this type of performance is unleashed in the real-world, it will surely boost the IOStoken into the mainstream and not only this, but it’s EDS (Efficient Distributed Sharting) technology may be used by other ICOs in order to improve scalability by dynamically partitioning the network in subspaces, based on what is needed at the moment, creating an efficient and scalable transfer process.

IOStoken – Recent Price Performance

IOStoken already has marked a liftoff seeing a 13,81% rise for the past 24 hours and a total market cap of $533 596 560 USD. It’s 24h volume is also very high in comparison to the usual sub 50 million USD – over $100 000 000 USD for the last day and night. This perfectly adds up to the recent uptrend that has been hitting the IOStoken ever since mid-March:

IOStoken’s New Approach and Tech



The IOStoken uses a new type of mechanism, that is similar but not exactly like proof of work algorithms and smart contracts. It is called Proof of Believability mechanism. The way this tech is constructed is that the validation process of it is conducted based on the past behavior of the parties involved and the past contributions as well. In order to increase trust and fairness, IOStoken uses a trust-based algorithm which uses data distribution towards different nodes every time and it’s sizes are dynamically allocated.



When we compare this newer model to the much older BitCoin, it quickly becomes evident that the amount of electricity which is going to be used as a result of that is much less than what was used as a result of BitCoin’s model being applied, which is now inefficient.

And after Ehtereum has showed us the way, starting to develop new proof of stake mecanims, IOStoken is here with a newer paradigm-shiftinc concept which claims to be as effective as proof of stake but also open new opportunities when it comes to scalability – genius if true. But will it be enough to boost the IOStoken all the way to the moon, we are yet to see, but things are surely looking like they are headed that way for IOStoken.