Introduction

The emergence of internet has been a great blessing to the h8man race. It has made transactions of funds easy and it has lead to the growth of different social media platforms that are in existence today. All this transaction and visits to social media platforms from induviduals, businesses and large organizations create a lot of data that we cannot even imagine. This data are monetized by large organizations and can be accessed by anybody which is a breach of privacy. Businesses, individuals and organizations no longer have access to their own personal data. IOVO is here to remedy that problem by providing individuals and organizations the power and means to re-gain full access and ownership of their data by facilitating monetization and personal data management.

About IOVO (Internet of Value Omniledger)

IOVO is a decentralized application combines Blockchain and Directed Acyclic Graph (DAG) in order to provide a secure data management, scoring ledger and ownership system. IOVO seeks to put an end to the exploitation of data that is provided by the owners and that is why it is designed in a manner to secure the data of users and give them control to decide who gets access to their data, what can be accessed, what cannot be accessed and what they want to get paid for. IOVO provides the infrastructure to provides users with the free reign to monetize their data and enjoy benefits that was available to application owners and platforms. IOVO also address the weaknesses of the existing DAG and blockchain implementations such as security, scalability and stability.

IOVO Network and dApps

The IOVO network is a p2p (peer to peer) network that users are free to participate and start making transactions at anytime they desire to. All users that are connected to the Iovo network and Dapps performs the function of acting as transmitter of transactions and they are in charge of broadcasting transactions that are coming in to other nodes in the network. This is done in order to enable all transactions to reach validators in a second and then this validators verify the transactions to check their smart contract code and accuracy.

IOVO Wallet

IOVO wallet provides access to basic functions such as receiving messages, sharing data, and the use of IOVO coins to perform transactions. The wallet also gives the user the benefit of managing different address that are generated from a master key. It gives the user control over their data and also the ability to transfer data to another device easily just by knowing the master key.

Tokenomics

IOVO tokens are ERC20 standard based tokens based on the etherium blockchain and will serve as the only token that will be utilise on the ecosystem for the growth and improvement of the platform, the IOVO token will be utilised as in the platform to assist data merchants and buyers to achieve consensus and will also serve to record all final b3nchmatks for cryptocurrency trading or fiat trading.

Token Information and Distribution



RoadMap

Conclusion

IOVO is bringing a lot of benefits to users by making sure that their data is fully secure and safe. They have full control over hoe their data is managed and can choose the data they want to monetize by themselves. Rating scores can only be accessible by the individual or entity that is being scored which makes IOVO to be a zero knowledge proof platform. This goes to show that the platform really values data security and privacy of individuals, businesses and other entities. IOVO is here to make sure that we are not robbed of our data privacy and denied access and ownership to them.

Useful Links

Website: https://iovo.io

Whitepaper: http://iovo.io/assets/whitepaper.pdf

Facebook: https://www.facebook.com/iovoledger

ANN post: https://bitcointalk.org/index.php?topic=4509519.0

Author Details

Bitcointalk username: kingairdrop

Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1862137

Eth Address: 0xA9334e54F7627332bC581d6dd6fD94aB79b39E55