Over the years, the internet has seen some evolution. Initially, most web pages were fixed and in a “read-only” format with no interaction between the users and the site. The internet was solely for users to consume the information which has been displayed on the websites.
The next iteration of the internet brought user interaction with websites. However, this came at a price. Users paid with their personal data and security in exchange for interacting with the internet. Good examples of this are seen in most social media websites where data about you and your activity are used to gather information about users in order to keep feeding them the content and come up with targeted ads to monetize and benefit from users’ data.
As experts say, the internet is not free, you pay for it with your data and this is very true. In this current age, data is one of the greatest assets you have and companies have also realized that users’ data can just be packaged and sold to advertising companies or whoever the highest bidder may be, without the user even knowing.
Some other companies inadvertently let the data of their users fall into the hands of cybercriminals because of their failure to secure.
Data breaches are becoming more common with databases owned by centralized companies and users have to protect their data and maintain their privacy. This is where Inery Blockchain comes in. Inery Blockchain seeks to provide a decentralized method for database management to eliminate the risk of data breaches and cyber-attacks.
What is The Inery Blockchain All About?
Inery is the first-ever decentralized database management and blockchain solution. Their goals are set on facilitating a foundation of database management that is decentralized and secure in order to set an upgradable way of accessing data.
What Are the Unique Features of Inery?
- It is Decentralized and Unstoppable: Regular databases employ the use of central servers where data is stored on one single entity. Inery on the other hand provides a system in which different nodes are owned and operated by different entities thus, creating a decentralized framework. The nodes on this network process data and the load is shared between all the operators. This means that even if one or more of the nodes fail, the overall system will continue running.
- Security and immutability: Unlike centralized databases which may be prone to risks of data theft, manipulation, or deletion, the fundamental principles of the Inery layer-0 blockchain facilitate the security of the information. Inery makes use of cryptographic methods to put in that extra layer of security to the data on its network. The way its blockchain is structured, it makes sure that all the data stored on Inery cannot be manipulated or deleted. Since the data is distributed across different nodes, even if one node is compromised, other nodes will function. Once data has been stored and encrypted on its blocks, you are assured that it is now essentially impossible for the said data to be manipulated or modified by anyone.
- Database Owner Control: Inery’s blockchain solution prevents the use of data of the users for unethical money-making practices that usually involves the sale of users’ data. With this solution, users can take back control of their data. The implementation of value contracts in Inery allows only the owners of data to have access to the database.
- High throughout: This means that transaction finality or verification of transactions of data assets do not take much time so it can achieve over 5000 TPS.
The bottom line
Protection of the data of users has become a very important issue on the information highway. A platform that can provide security to users through decentralized Blockchain technology such as Inery Blockchain is a game-changer in this regard. The platform’s interoperability, high throughput, and highly secure network make it the best option for securing data and online privacy.
