Module platform is based on decentralized block-chain technology that will utilize our current devices like smart phones, severs etc free storage as an asset to mine crypto currency. Through their platform everyone around the world will able to experience mining and also able to learn block-chain technology. Module mining consensus mechanism will allow their participants to earn rewards by lending their devices storage. The more storage a miner offers the more reward he will get and later on users will be allowed to start their platform for creating decentralized apps.

Due to Bitcoin and other crypto-currencies vast potential a lot of companies and firms start investing their money in it. Back in 2009 when bitcoin is developed CPU is used for mining bitcoin that do not consume high power. Today big ASIC machines are used to mine bitcoin that’s not only costly but also consume a lot of power. In all crypto coins mostly two types of mining consensus are used so called proof of stake and proof of work. In proof of work mechanism a lot of energy wasted to produce one bitcoin and dedicated hardware machines are required. In proof of stake consensus algorithm only big joint companies and riche peoples only get benefit from it.

Module platform has created new type of mining algorithm that will enable everyone even a Smartphone user to participate in mining activity and earn rewards. They are working on ways to solve mining high energy consumption related problems, for this purpose they are utilizing smart phones as way of maintaining whole block-chain network. They will pay users according to their device assets like storage capacity, time allocated and transitional type. Their platform has also vast potential in terms of developing dapps. According to world estimate about spare storage an average 32 GB storage of every device remain wasted; to counter this situation they have created a platform that will monetize this storage.

The Module peer to peer cloud network based on client side encryption model will enable individuals to transmit and receive data without relying on monopoly companies. The removal of central control will also solve several cloud network problems like power cuts, data control errors, security and privacy errors etc. For solving cloud network problems several methods already suggested like response verification method. This will ensure data authenticity on timely basis so no one will be able to access user data without its permission.

Today in the world data storage system cloud network has an important role and all process in controlled by third party big joint companies like Google, Amazon etc. The problem with the current cloud network is their trust model; we have seen a lot of data hacked in the past through which confidential data leaked by inserting malware in the system. Due to all networks rely on single infrastructure malware attacks effects the whole system. A decentralized network has certain advantages over a centralized cloud network; with proof of decryption system data security system is maintained due to which attacks does not affect the whole network and also cost reduced as the no of users grows.

Module is doing an amazing work in building mobile based mining system that will grow up crypto market to massive world wide users and also they will able to learn about block-chain technology.