IOVO PLATFORM: SECURING DATA

mcmich (33)in #iovo • 5 years ago

Data owners continuously lose to data houses that use it to generate income for their financial growth without the consent of the data owner. Meanwhile, data creators don’t have control over their data; giving a way to data houses or any internet user to be rewarded over someone else’s data. Meanwhile, data is sometimes being misuse through the signing up on platform online by sharing of Emails, Names, Addresses and lot more. To end this aforementioned situation, their came a brilliant platform idea called "IOVO platform"

What is IOVO?
So the IOVO ( Internet Of Value Omniledger) is a directed acyclic graph (DAG) platform built to give individuals and world at large an opportunity to reclaim ownership of their owned data. It is built for several applications.

Importance IOVO:
1. IOVO automates and facilitates the process of personal data monetization and management.

2. IOVO has capability of securing, collecting and storing data shared by users with the applications builts on the IOVO DAG.

3.IOVO gives data owner a total control over their data and prevents it being accessed by any other person without the permission of the data owners.

4.Data owners are able to generate reasonable funds through the help of IOVO platform when their data is being requested to be used or accessed by other people. Hence, given them total control on their data and charges to be paid for accessing their datas.

5. IOVO gives users an opportunity to mine a coin anytime they approve a transaction and its been added to their value.

IOVO network:
1. A need for cumulative universal database which can be easily browsed and analyzed.

2. Various organization process and harvest the data being generated by the activities of every human on the universe.

3. IOVO is an individual controlled platform through its decentralization database ecosystem function.

4. It has a monetization opportunity.

5. It has a visible and standard transactions making it whole function a plain and reliable one.

6. IOVO platform transactions are cheap and very fast on various accounts.

7. Its function includes an Extended script transactions that includes data and allows smart contract to be created and processed between the users.

ROADMAP

CONCLUSION
I would suggest this IOVO platform to be embraced globally and it should be invested on by all.
This platform is a very reliable and secured system to venture into. As it has various functions like securing, collecting and storing of data when shared through the IOVO DAG application.