MODULE ICO REVIEW

cointrade247 (7)in #cryptocurrency • 6 years ago (edited)

About the module
The Module is a blockchain-based platform offering an asset of free mobile device storage. Module platform allows users to mine and rent unused GB even from small portable devices, which means that any mobile phone owner will be able to participate in the Module business and earn.
MODULE Eastern Standard Time a platform based Tire blockchain designed to use LE Free Storage First State smartphones, PCs, servers, etc. as global organization asset. linear unit using the MODULE platform, we can participate in the exploitation even from a smartphone. Servers and businesses can also participate in mining.

Module’s accord (mining) rule makes it potential to earn rewards by disposition out cupboard space. because the storage capability of devices progresses and expands, one will expect the assorted services offered to expand. additionally to issue new original coins, users also will be able to develop Dapps (decentralized applications) on the platform.
Technology
The PCSN (P2P Cloud Storage Network), that created client-side secret writing potential, permits a user to transmit and share information while not having to think about a 3rd party’s cupboard space. The elimination of central management will alleviate issues like ancient information errors and power cuts, whereas considerably increasing security, privacy and information management. Earlier, the P2P network wasn’t fitted to building a storage system. With this method we have a tendency to solve the inherent issues by implementing direct payment (Suggested solution) — (Method the same as the response verification system).

This will alter information credibility to be checked on an everyday basis, and compensation to be
paid for the information keep in PEER. Module additionally propose associate address access model and independence during this system, yet because the ability for the nodes to combination.

HOW IT WORKS
The POSTT decentralized storage network will perform information storage and information transfer (downloading etc.) functions across 2 markets. the 2 markets area unit {the information|the info|the information} storage market and therefore the data service market. A consumer and a labourer verify the service value, type associate ORDER within the market, and method every ORDER. This market is developed by POSTT, which incorporates each POS (Proof of Space) and POTT (Proof of your time and Transaction). Users are able to store their information safely for any amount of your time they need. Finally, miners can support the blockchain by generating new blocks, and therefore the chance for miners to earn rewards for exerting influence on the new blocks are proportional to the cupboard space, time, and therefore the range of transactions presently provided to the network.

Platform
Gain access to Module’s solutions, that alter, you to store and manage your information in camera, securely, severally and quickly. Your information assets area unit keep at a blockchain address, that is totally controlled by you — the sole one that will access them. cash in of our platform’s Secret Sharing conception. Rent area and begin mining — it’s straightforward with Module. use blockchain for quick preparation of your own service, purchase information, information storage and transfer services. Use tokens to purchase system integrity and award miners, send payments to developers and contributors, support scientific labs and universities, produce affiliate and loyalty systems etc.

Features
internal testing can begin from October 2018. The beta version are distributed to users in Dec, once the completion of testing. The official unharness in Google Play and App Store is scheduled for Jan.
one of the options of our project is that a token holder = MODL user. The beta version of the MODL application are distributed to the users WHO purchased a MODL token throughout the ICO. The additional activity on the applying, the additional price of MODL to be distributed. Influencers are wont to propagate the App and acquire users. Press releases can begin within the Asian region from August 2018.

Module App — information storage service
MODULE is appropriate for storage of sensitive info as a result of its distributed storage keeps information in fragments in many various places. It is wont to store info that ought to be unbroken secret from others. above all, by storing info in an exceedingly distributed store like MODULE, one will enhance info security through “secret sharing”. In alternative words, if sensitive info is split into fractional items of data and keep in separate places, info can’t be reproduced with just one fragment, however if many items area unit gathered, the knowledge is reproduced.
This Secret Sharing technique are utilized in blockchain, and to make secure cloud storage for the safe storage of sensitive info.
The technique for concealing documents recorded in blockchain through the management of secret sharing keys has already been developed. One obstacle to utilizing blockchain to handle sensitive info was the actual fact that info on blockchain should be disclosed to the complete community of users. However, by combining blockchain technology and secret sharing, one will expect higher security and convenience. during this method blockchain is utilized in varied fields like finance, distribution, within the offer chain, instrument management, etc.