IOVO

Iovo- Internet of Value Omniledger.

The human existence is based on the creation of data. As humans, we encounter a lot of things on a daily basis and we also perform different operations and on different platforms. These platforms make our day-to-day activities so much easier; the only downside is that as we make use of these platforms, we create tremendous amounts of data and these platforms in question actually thrive on the data created by its users without the knowledge or consent of its users. Just imagine the magnitude of reduction of human capital by these acts and not just that but the opportunity to create value and even monetize the value created by us humans is being taken away from us.

Let's look at a few of these companies; we have Facebook, Instagram, Twitter, LinkedIn and so much more. The number of people that make use of these platforms is actually a lot and just try imagine the amount data that would be created by the users of these platforms on a daily basis; our imagination cannot even comprehend it. Let me just sight a common way our data is collected and stored within these platforms; on facebook, a pop up could arise asking you to click on it and from there there is a request to view your timeline, from here our personal data is being stored and shared without our consent. Now just imagine the number of people that do this everyday, this data collection of a thing is a gold mine for these platforms as it gives them their fortune and this just points to the fact that data is a direct source of value creation as the common saying goes " money flows in the direction of value creation" and yet the data creators of these data are being sidelined.

This trend has gone on for a really long time, we data creators have been getting our value monetizing rights robbed from us but not anymore, thanks to the Iovo Platform. The Iovo platform is a platform that aims at solving the problem of unconsensual data gathering and sharing; it is based on the next generation blockchain and can be referred to as a Directed Acyclic Graph or a DAG. Iovo offer the first collaborative, decentralized data platform for data production.

We must have various questions as to the origin of the Iovo platform and how it came to be. The Iovo platform is the Internet of Value Omniledger. The Omniledger stands in to illustrate the status of being the ledger of all ledgers or a universal global database network. We have all been a part of the global technological advancement trend and technology has really resulted in a lot of revolutionary changes; we now have operations that used to be manual being automated, we have several other operations going digital with the latest look into the area of Artificial intelligence and this just buttresses the inevitability of the human effort and the values created by humans being undervalued or being rendered completely unnecessary. This is indeed a really hard to fathom reality.

The introduction of the Internet of Value points to the fact that the value created by humans is not all negligible though we keep seeing the human value created by Labour and data losing its impact.

The Iovo platform serves as a data management and scoring ledger by creating a universal, global decentralized ledger of all values created by humans. With Iovo, the complete control of data created is handed back to the data creators never again to be used by industries and platforms without the creator's content

The new order of things is that there is now a link between data creators and data users so any data needed would be requested for from the data creators and the necessary processes would then take place. The proposed solution which the Iovo platform platform is bringing to the table as regards this data issue is that the nature of the Iovo platform is that it stores human value by accumulating personal data. The Iovo platform points towards the future of the human existence and the core of the human existence is the value created by humans.

The data we humans create could be likened for our freedom; when we are in control of thd data we create, we are in control of our lives without any form of dictatorship but the practice of several industries and platforms making use of these data without our consent and approval is more or less like we are being dictated to and we lose our freedom rights. This Iovo platform has two major reasons of importance:

-several large corporations make use of the data created by almost every one in the world and these data get stored and monetized to produce a fortune for these companies; these corporations go on to enjoy the proceeds without giving any thought to the data creators as the data creators of the data that made them their fortune do not get reward in any way. Iovo puts a stop to this unconsensual data usage and gives total and complete control over data created to the hands of the data creators.

-the second reason is the fact that there is a pressing need for a universal database that can be analysed very easily and the Iovo Dag is an advanced network database accessible to everyone.

Data is stored and made secure and unavailable to any other user within the Iovo network and any user is to view or be able to access another user's data then there would be a sort of agreement fee due to be paid once the data is accessed. With Iovo, the way things would work is that users get control over their data and get to decide who gets to access their data and what would be accessible and what would not while getting paid for the data made available. In short, it is like a data economy in which users get to monetize their data and cash out.

Some of the benefits that Iovo brings to the table for users of the platform is data wallet and access to Iovo network, data security and transparency, data ownership, data monetization and anonymity; for application users: access to a comprehensive database through data wallet, monetization, data security, the growth of the application, and for companies: big data access to complete network, data research and analysis, anonymity, direct contact with surveyed users.

The Iovo network is one in which users can join in at any time but before any form of transaction can be made, they have to n connected to the Iovo network and act as a transmitter of transactions. This way, transactions would get to respective validators in no time at all.

The total token supply of Iovo tokens is 1,000,000,000 IOVO and the Iovo token structure is as follows:

20% is allocated to the smart drop, 10% is locked, 30% is allocated to the private sale, 20% is allocated to team and advisory, 10% is allocated to the publicsale and 10% is kept as reserve.

The funds generated from the tokensale would be allocated as follows:

50% is allocated to development, 15% is allocated to PR and marketing, 10% is allocated to the team, 5% is allocated to administrative, 5% is allocated to the Iovo foundation, 10% is allocated to the business development and 5% is allocated to legal.

Roadmap.

FEB 2017

-IOVO concept development.

Q2-Q4 2017

-Team building and research.

Q3 2017-Q1 2018

-Documentation and whitepaper.

Q2 2018

-Marketing strategy.

-Tokensale preparation.

Q3 2018

-Private tokensale round.

-Public tokensale round.

-Simple node implementation.

Q3-Q4 2018

-Alpha version of IOVO node.

Q4 2018

-IOVO wallet implementation.

Q1 2019

-Alpha version of IOVO DAG.

Q2 2019

-dApp manifest/coin creation.

-Proof of value after testing.

Q3 2019

-Distributed system.

-dApp data assignment into IOVO blockchain.

-Data encription.

-Application integration frameworks.

-IOVO frameworks.

Q4 2019

-Integration of example applications.

-IOVO DAG launch/IOVO coin distribution to IOVO token holders.

Useful Links.

Website: http://iovo.io/

Whitepaper: http://iovo.io/assets/whitepaper.pdf

Telegram: https://t.me/iovoledger

Facebook: https://www.facebook.com/iovoledger

Ann thread: https://bitcointalk.org/index.php?topic=5057281.msg47264656#msg47264656

Ann post: https://bitcointalk.org/index.php?topic=4509519.0

Writer's Bitcointalk username: kitanodebunmi

Writer's Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1298583

Eth wallet address: 0x8183E3cE53d0fbEFb163185Fd21231609D7B464A