IAGON: Decentralizing Cloud Computing

haslek (43)in #crypto • 6 years ago (edited)

Introduction

Information remains the tonic with which every businesses handle their day-to-day activities and if such information fall into wrong hands, there is always a loss to the company involved. Such losses may be monetary (in form of ransom or any other form), reputation downgrade, or total closure of the company. This is why extra care are needed in the protection of such data. And with the exponential rate at which data are generated, it is only obvious that a very secure and large storage capabilities is the only choice.

The recent application of Artificial Intelligence and machine learning in the analysis of data has proven to be a successful one, but with the bottleneck of requiring huge amount of processing power which is always a daunting task to provide. Fortunately, technologies are available which provide services such as lending processing power and storage capacities in a remote way.

IAGON Platform

IAGON is a decentralized platform which utilizes the power of blockchain technology to provide access to cloud storage and processing power to clients who needs it. It was built with the aim of providing decentralized services for mainstream businesses and everyday market. Cloud storage for those who needs to securely safeguard sensitive information and data with which they run their businesses, predict the market behavior, train algorithms etc. Processing power to those who are involved in machine learning, artificial intelligence, data analysis etc. in the process of delivering products or services. All these services at a blockchain-induced near-free costs. Also, IAGON utilizes the power of blockchain technology to create an impenetrable security for data and information stored on the platform. The IAGON platform embraces existing data storage technologies for easy integration without cost of extra resources.

Problems with Existing Resources

Some major risks involved with centralized storage of data includes theft, hacking, storage facilities problems (like system crash, data integrity loss etc.) among others. Aside from these risks is the fact that to set up facilities that would be able to keep up with the modern day rate of data generation, storage and processing would cost more than a fortune. Setting these facilities up may also be out of budget for most users of these resources. This issue of costs mostly prompts clients to subscribe to vendors of these resources.

IAGON Superiority

IAGON defeats the risks associated with centralized data storage with an obvious weapon: blockchain technology. The platform ensures that security issues does not ever occur by deploying a unique security solution called SECURE LAKE. This technology prohibits unauthorized access of data in form of encryption and decentralization. The platform solves the issue of processing power by using machine learning algorithm to share processing loads across a decentralized network for processing and then encrypts or decrypts the data which flows through the system. This way, there always exists infinite number of processing power available for use.

Existing vendors of remote storage services are very few, leading to very expensive charges being paid by their customers since there is not much in form of options. The fact they are few allows them to control the market price and this does not avail much bargaining power to the customers. There has also been reported cases of data breaches since most of these vendors uses centralized storage facilities. And since the need for data protection and processing is ever increasing, a more suitable platform which can deliver on all ends (including low pricings) is very much overdue.
IAGON delivers on every fronts: security, low cost, ever-growing processing power, ever-growing storage capabilities etc.

As we all know of blockchain platforms, IAGON runs decentralized economy. It make use of IAGON tokens to enable users and miners to pay and to receive their earnings for cloud services, computational tasks and secure file storages.

With the ever increasing numbers of blockchain participants, the power that IAGON is bringing to remote data processing and/or storage consumers can only be limited by their imaginations. The fact that these services are even available at a very much cheaper rate makes the platform even more revolutionary.

USE CASES

An IT company got a project which requires the analysis of the internet activities of the citizens of a particular country and use the result to perform some specified action. This project requires that they deliver within a specific time schedule which may be traditionally not feasible considering the processing power available at the moment. Since IAGON has brought decentralization to data processing, such data can be processed faster and the project delivered in even faster time frame. What’s more, it costs lesser.
Protection of company’s information which includes her clients, dealings etc. is as important as staying in business these days. And with the security issues facing decentralized storage capabilities, such company can employ the services of IAGON to provide an impenetrable layer of security for their data without any need to spend extra dime on storage resources.

CONCLUSION

It is a common fact that technology should bring more secure, easier and better ways of doing things. IAGON has brought such technology to the business of cloud computing and remote data storage. Why not embrace it to make your life easier!!!.
IAGON "is the wave of the future."

Here are some of the brains behind these innovative platform: