The open-source IOST project is meant to meet the security and scalability needs of a decentralized economy by providing blockchain infrastructure that might serve as the architecture for the future of online services. Utilizing factors that include IOST token balances, reputation-based token balance, contributions to the network and user behaviors, their so-called “Proof of Believability” consensus algorithm was developed to ensure the security and efficiency of transactions on the network. The team at IOST recognizes that without sufficient scalability, multinational corporations may not be able to deploy blockchains to service their customers at the level expected today. As such, the teams at IOST propose the Internet of Services Token as a means to reach these ends.
Looks good for long and short term also.
20-50% profit can be do
Looks good for long and short term also.
20-50% profit can be do
- IOST Joins BSN-China’s Nationwide Blockchain Network
Backed by Chinese government policy think tank the State Information Center (SIC), and jointly developed by major China’s state-run telecom China Mobile and the Chinese government-supported payment card network China UnionPay, and Red Date Technology
Provides a cross-network, cross-regions, and cross-institution global blockchain service infrastructure
Provides developers with a public blockchain resource environment based on the Internet concept, which greatly reduces the development, deployment, operation and maintenance, interoperability, and regulatory costs of blockchain applications, so as to promote the rapid development and adoption of blockchain technology.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.