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Is it possible to have a decline in flow and supply of information as the world is constantly evolving? Is it possible to cut down on the amount of information gushing our daily and still attain global digitalization is every aspect? Well my answer is NO. Then the question is how do we manage to keep storing this magnitude of data that will keep being on the Virge of growing? How do we safeguard our data sets that's contains informations of our business forecast, previous transaction history, research and all...

Local storage space are gradually fading out as it as proven to be ineffective in storing large information and providing with unlimited storage space for our data set on a daily basis. Storage has taken a different drift as companies like google, Microsoft, amazon and others have provided a means to store information in space. Yes you heard right " Space" which we call cloud storage computing system. Now with the global digitalization of everything today you wouldn't doubt this possibilities. But lemme just break down what cloud storage means in a language you will better understand.

Cloud storage

Cloud storage is a model of computer data storage in which the digital data is stored in logical pools.
The physical storage spans
multiple servers (sometimes in multiple locations), and the physical environment is typically owned and managed by a hosting company. These cloud storage providers are
responsible for keeping the data available and accessible, and the physical environment protected and running. People and organizations buy or lease storage capacity from the providers to store user, organization, or application data.
Cloud storage services may be accessed through a colocated cloud computing service, a web service application programming interface (API) or by applications that utilize
the API, such as cloud desktop storage, a cloud storage gateway or Web -based content management systems.
Reference

The cloud services market is estimated to be worth about 45 billion dollars per year and it's growing rapidly.
Artificial Intelligence (AI), Machine Learning, Deep Learning and Big Data are all aspects that we are familiar with and has gradually become a part of our daily lives. These aspects rely on a large amount of data space to be able to adequately function and meet the expectations for which they were created for. Unfortunately, the latest technology is only available to big business-supercomputers are expensive to build and maintain. IAGON will make supercomputers available to the masses in an easy to use and secure way through the IAGON blockchain

Now what Makes IAGON better

Iagom is a decentralized open-source storage computing space. First IAGON runs using the blockchain technology which is used to store information on a decentralized ledger where it is only accessible to the intended audience. blockchain allows for the secure storage and processing of late amount information which gives IAGON an edge over other competitors.
Most people do not see how IAGON can compete with the known moguls who arealreaey running a muti million dollar organization already when IAGON still looks at raising between 5-50milliom USD through cryptocurrency insurance. How can an organization who hasn't even finished its ICO possibly compete?
Well here's how.
IAGON aims at selling 70% of its tokens, 10% will be given to advisors and for marketing, 10% will be kept for the team, and another 10% will be held back for development. Gradually people who buy these tokens will be able to sell them on exchanges like bancor and nauticus and use them to purchase services on the IAGON platform. Miners will be able to earn and generate income by selling unused storage space which they have no need for to people and organizations who need them and they will be played 90% of the revenue from the sales and the remaining 10% will be given to them as IAG tokens to keep for themselves. The price a of token will be directly dependent on the demand and supply on the market which will make buying storage space quite cheaper than the competitors.

Storing large valuable informations through a centralized third party platform is risky irrespective of where and what the organization is. These data companies do not have a trust worthy secure platform to ensure the privacy and security of your information. This informations includes military data, government information, research information, critical medication information which is not advisable storing them on a centralized platform. They also run the risks of hacks, Software crashes, corrupt manipulations and several others. What IAGON does through the blockchain technology is the it splits all this informations over thousands of storage devices/system that no one person can have complete information. If theirs any point of failure which bus even impossible they all information cannot be lost and the ones accessible will just be a piece of a million puzzles which only the owner has the key to put it together. These informations are encrypted and only fully available to the owners.
IAGON works on being usable on multiple blockchain and the tangle.

The Tangle is more like a web than a chain, but each node on the web cannot be deleted, just like each link in the chain can't be broken. IAGON will also work with current databases such as SQL, NoSQL or hyperledger.

IAGON smart computing grid

IAGON smart computing grid that runs IAGON operating systems and is based on over 100 Machine learning algorithm that spreads the information across the blockchain and encrypts it. Its secure lake technology ensures the security of data even when it is breached, the files and information will become inaccessible. Immediately theres a breach the secure lake freezes the lake making a no entry to hackers and also when rectified speeds olup the recovery of information.

Conclusion

IAGON is prepared for the competition it faces with other platforms that's why its devices it services in a way that it posses a treat to competing cloud service organization for example

• it compensates suppliers with 90% revenue.
• it works using a decentralized secure blockchain technology platform.
• it utilizes machine learning algorithm.

IAGON utilizes Proof of Variance which uses the computing power to solve the needs of its users.

Through Proof of Variance, the IAGON blockchain uses its network to "distribute load and increase speed for mundane data processing tasks." POV classifies the miners based on their contributions and makes it possible for less powerful miners to remain competitive within their own class. This ensures that people are not discouraged from mining. Attempting to mine Bitcoin on a regular computer is unprofitable and a waste of resources; only the best ASIC processors or high-end graphics cards can be competitive mining most cryptocurrencies. This is not the case with IAGON. POV allows new miners to slowly improve their power and speed while earning proportional rewards. Mining on most blockchains is futile, but with POV it is not.

This is my entry to the @originalworks sponsored writing contest

https://steemit.com/crypto/@originalworks/680-steem-sponsored-writing-contest-iagon

iagon2018