IAGON: CREATING A GLOBAL SUPER-COMPUTER, POWERED BY ARTIFICIAL INTELLIGENCE AND BLOCKCHAIN TECHNOLOGY

lollyk (35)in #blockchain • 6 years ago (edited)

INTRODUCTION

An increase in the usage of artificial intelligence and big data technologies for innovations in the digital world also calls for very large storage capacities. The general adoption that saw an exponential growth recently needs a system with an immense computational power to enable the AI technology run without a hitch. With the help of big data technologies, organisations are able to support the exponential growth of data and its requirements in their various databases.
It is from the databases that machine learning and deep learning processes are able to carry out advanced computational pattern recognition, image recognition and predictive analytics. Iagon provides an open source platform based on the decentralized blockchain technology for utilizing the storage capacities and processing power of multiple computers.

PROBLEM STATEMENT

Cloud storage which involves the storage and delivery of data from a local server to the the remote users has very big limitations and running risks. A number of faults are associated with this method of serving data to users which can result in total blackout or crashing of the whole system. This centralised system cuts off users from having access to the stored files any time there is a case of crash fault. Also computing services from this cloud storage is very costly.
Reliability and privacy are very important when it comes to data handling and many decentralized platform lack these qualities. Also most decentralized platforms are not equipped to recover lost data in event of any hardware crash or malicious attacks emanating from hacking attempts. If hackers succeed in hacking the database lake, the organization is at risks financially and otherwise because the data stored in their database will be exposed to an outsider who has belligerent intents.

PROJECT SOLUTIONS

Iagon will utilize the decentralized blockchain technology to provide a platform that offers a unique and secure methods of storing, processing and distributing data while also maintaining their consistency and confidentiality for different users. Iagon will complement current data storage facilities like SQL and NoSQL databases. The system will serve as a secure storage over centralised, clustered or decentralized networks, and provide a secure solution for smart contracts. The platform is equipped to detect honest and attacking nodes within the system.
Iagon will provide security to all stored data using the Iagon secure lake technology. This technology is based on the blockchain unbreakable encryption technology which protects stored data from any type of encroachment. With this technology only the uploader of the data can encrypt and retrieve the file. Iagon monitors all activities going on in the system using the Iagon smart computing grid platform and AI tracker technology.

TOKEN INFORMATION
IAGON is based on the Etherium blockchain. A total of 700 million tokens will be created for the phases of crowd sale. The token will be used for all operations the blockchain platform. The IAG can be bought using ETH or fiat through bank transfer. The IAGON has a softcap of 5 million USD and a hardcap of 50 million USD.
Users and miners at the platform can pick out either Ethereum or Tangle to completely securely shop their documents and system computational obligations, to pay and to get hold of IAGON tokens for cloud services in addition to gain from having access to the market’s prominent and latest technology.

THE PROJECT TEAM
The project is handled by a group of experienced people.