IOStoken IOST

$0.0122
Market Cap $ 102.199 MM (#64)
24h Volume $ 6.369 MM
Chg. 24h: 4.07%
Algo. score 3.4/5  (#235)
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IOStoken project purpose and description

IOStoken clarity of purpose

IOStoken purpose and aspects

IOS is a next-generation blockchain technology that provides the network infrastructure to support a service-oriented ecosystem. The IOS platform not only provides its users a completely decentralized way to exchange online services and digital goods, but also enables developers to deploy large scale dApps with the ability to support massive number of users. With a series of groundbreaking innovations, such as Efficient Distributed Sharding (“EDS”) and Believable-First consensus approach, we are able to increase the system’s throughput enormously while guaranteeing security.

IOStoken additional differentiation against competition

IOS is also packed in a very powerful arsenal of technologies that empowers deployment of large scale dApps with high-performance and flexibility. It allows developers to build a wide range of products: from counterparts of traditional monopolistic online service providers to brand new business models that would have been considered impossible previously. Admittedly, running such services could be quite expensive when the size of the IOS network is relatively small. However, with increasing number of nodes and resources in the network, the cost of running such large scale dApps might be greatly reduced. Additionally, there are many benefits including: avoiding cyber attacks, high-level of data security, and the immutable property.

IOStoken categories

Digital currencyPlatform

Short description

The Internet of Services (IOS) offers a secure & scalable infrastructure for online service providers. Its high TPS, scalable and secure blockchain, and privacy protection provide infinite possibilities for online service providers to serve their customer base.

Link to Roadmap: n/a
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