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IOST’s Blockchain launched on Tencent

Mische Martinete — Wed, 16 Aug 2023 09:13:01 +0000

IOST’s Blockchain launched on Tencent Cloud. In the era of Web3, cloud services have emerged as a pivotal force promote digital transformation across industries. To provide users with efficient, stable, secure, and open blockchain solutions, IOST is actively fostering collaborations with renowned international cloud platforms like Tencent Cloud and AWS. Their goal is to empower a vibrant and sustainable multi-cloud ecosystem.

“This marks a pivotal stride in IOST’s strategy for a multi-faceted cloud ecosystem. In the times ahead, our unwavering focus remains on an all-encompassing and profound expansion within the multi-cloud milieu. This entails fostering deeper dialogues and collaborations with eminent international cloud service platforms like Tencent Cloud and AWS. Our objective stands resolute in creating diverse decentralized, high-performance, user-friendly, stable, and secure blockchain offerings for global users.”— Blake (IOST Co-CEO)

Looking ahead, IOST is set to deepen collaboration with Tencent Cloud, leveraging IOST-shared international digital infrastructure and ecological advantages. Centered around Web3, AI, and blockchain, IOST is embarking on a comprehensive partnership. Guided by technology-driven cost reduction and efficiency enhancement, it aims to set industry benchmarks, and collectively explore new paths and models in the realm of the digital economy.”

To expand the global multi-cloud ecosystem, IOST has strategically aligned with Tencent Cloud. Resulting in the formal debut of two pivotal blockchain services: the NFT and Blockchain traceability services.

NFT Service

Catering to the corporate realm, NFT service is a comprehensive digital brand enabler, facilitating NFT issuance, digitization of brand IP, and strategic positioning within the Web 3.0 NFT landscape.

Description

The diverse spectrum of creative works. Spanning videos, music, paintings, and other artistic expressions are endowed with decentralized financial attributes at their nucleus. This dynamic metamorphosis lays the foundation for robust circulation, effectively optimizing conditions to harness the latent potential, thereby enabling users to partake in the dividends yielded by art NFTs and embracing the facets of digital literary art.

Notable Features

Leveraging professional blockchain technology and NFT trading platforms, the service empowers the encoding of information concerning tangible artworks onto the blockchain, subsequently generating congruent NFT renditions. The cryptographic contours therein validate the artworks’ authenticity, thereby ensuring inviolable digital copyrights.
Unveils a one-stop digital branding initiative tailored for enterprises, streamlining exclusive NFT issuance. Fostering the metamorphosis of brand IP into digital assets and engendering agile forays into the Web 3.0 NFT domain. The advent of blockchain redefines the trajectory from conventional to digital art, recalibrating the valuation of art collection and investment viability within the market, thereby unlocking the latent potential within digital art.
Orchestrating the ascendance of high-tier NFTs, a renaissance is heralded in the sphere of art collection value and the investment potency of market circulation.

Blockchain Traceability Service

The cornerstone of IOST’s traceability initiative is preventing counterfeiting and enabling traceability across the full product lifecycle. The actualization is through the Blockchain traceability service.

Description

Pioneering a holistic approach, users are empowered to transmit information about commodities from their inception, traversing customs inspections, logistical engagements, warehousing logistics, distributorship, and ultimately culminating in their availability at retail outlets, onto the blockchain traceability system. This information, verified and corroborated by stakeholders including upstream suppliers, warehousing logistics partners, downstream distributors, and retailers, coalesces into a transparent and credible transactional dossier, fostering multidimensional trust and shared transactional insight.

The IOST traceability system converges disparate functionalities, encompassing information input, device management, and regulatory submissions.

Notable Features

Through an unswerving embrace of blockchain’s immutable and decentralized architecture, IOST bequeaths a holistic traceability apparatus. This holistic approach ensures data integrity by encoding information that undergoes validation by a multitude of stakeholders. This irrefutable chronicle of information safeguards data authenticity, consequently elevating the caliber of enterprise information management. Mitigating the risks associated with data manipulation. The service serves as a bulwark against unscrupulous vendors exploiting vulnerabilities. Within the production and sales lifecycle, it perpetuates the circulation of spurious and substandard goods.

Tencent Cloud — Shaping the Future of Cloud

Today, Tencent Cloud provides more than 400 technologies and connectivity solutions that support enterprise-grade digital transformation. Through its global infrastructure network, covering more than 26 geographic areas across five continents and 70 availability zones, with more than 2800 acceleration nodes.

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IOST Partners with Lifty

Mische Martinete — Thu, 27 Jul 2023 11:20:55 +0000

IOST partners with Lifty to advance Web3 gaming and boost blockchain awareness. Lifty, a leading Web3 gaming platform, has joined forces with IOST to propel the adoption of blockchain technologies among the general public.

This partnership aims to leverage Lifty’s transparent blockchain analytics and innovative Web3 marketing tools to empower gamers and enhance the gaming experience in the crypto space. Lifty and IOST are set to revolutionize the gaming industry with the shared vision of advancing blockchain adoption.

The collaboration between Lifty and IOST holds tremendous potential for both the gaming and blockchain industries. By leveraging Lifty’s transparent blockchain analytics and GamerScore marketing tool, IOST aims to increase awareness and adoption of blockchain technologies among the masses.

Through this partnership, gamers will gain access to a more transparent, reliable, and engaging gaming ecosystem, while blockchain enthusiasts will witness the transformative power of Web3 technologies in action. The combined efforts of Lifty and IOST will undoubtedly accelerate the mainstream acceptance of blockchain and pave the way for a new era of decentralized gaming.

Transparent Blockchain Analytics

Lifty.io stands out as a Web3 gaming platform that provides transparent blockchain analytics for various Web3 games. With this platform, gamers gain access to crucial data such as the number of active users, achievements, ROI, and profits of different projects. This invaluable information allows players to assess the performance and credibility of games before joining them. By offering transparency, Lifty.io empowers gamers to make informed decisions, fostering trust and confidence within the Web3 gaming community.

In addition to its blockchain analytics, Lifty.io offers a range of features designed to enhance the gaming experience. Users can easily track their personal statistics and monitor the activities of top players across various games. The platform also serves as a hub for Web3 gaming tournaments and events, allowing gamers to engage with the community, provide feedback on games, and stay updated on the latest developments. This vibrant ecosystem facilitates collaboration and knowledge-sharing, further enriching the gaming experience for all participants.

GamerScore: The Ultimate Web3 Tool

Lifty.io has recently introduced an advanced Web3 marketing tool known as GamerScore, which revolutionizes how game producers and studios reach their target audience. GamerScore acts as a reputation system that integrates a gamer’s achievements in traditional Web2 games on platforms like Steam or Epic Games Store and their progress in crypto-native titles.

This innovative tool enables game producers to target genuine gamers during campaigns and events precisely, optimizing their marketing performance and reducing costs. Moreover, during these events, true Web3 games have the opportunity to receive tokens and NFT bonuses based on their GamerScore results, incentivizing the creation and promotion of high-quality Web3 gaming experiences.

ABOUT IOST

IOST is an enterprise-level blockchain application platform backed by prominent global USD investment institutions like Sequoia, Matrix Partners, and ZhenFund. It is designed to serve online service providers.

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IOST Partnership with Amazon Web Services (AWS)

xyla — Wed, 08 Mar 2023 05:27:06 +0000

IOST Partnership with Amazon Web Services (AWS), to create a secure and scalable blockchain platform that delivers a seamless user experience.

By collaborating with AWS, IOST aims to integrate AWS Web 3.0 solutions into its ecosystem and enhance its offerings in DeFi, NFT, GameFi, Web 3, and the metaverse. Leveraging AWS’s global reach, robust network computing power, AI/ML tools, and decentralized IT architecture, IOST will onboard more developer teams worldwide to create a secure and distributed digital economic system. As IOST announced its Partnership with Amazon Web Services (AWS).

This partnership represents a significant milestone as we collectively work towards realizing the full potential of Web 3.0. With the support of AWS infrastructure and expertise, we are confident in our ability to expand and strengthen the IOST ecosystem.

About Amazon Web Services (AWS)

The world’s most comprehensive and broadly adopted cloud platform, offering over 200 fully featured services from data centers globally. Millons of customers — including the fastest-growing start-ups, largest enterprises, and leading government agencies — are using AWS to lower costs, become more agile, and innovate faster.

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About IOST

High fees and slower transaction times on the Ethereum network have left the door open. For new solutions to emerge, and IOST is one such project that has been gaining traction since its mainnet launch in 2019.

Backed by significant financial and VC firms such as Sequoia, Matrix, and ZhenFund. IOST is a pioneering decentralized, high-throughput, gas-efficient Proof-of-Believability-powered smart contract platform. Built to tackle the scalability trilemma once and for all. For this, the concluding ranking from China’s CCID ranked IOST as the best blockchain platform under Basic Technology, better than Ethereum, EOS, and every other smart-contracting platform evaluated by the agency. This is a testament to the quality and ability to roll out a better. Innovative product and reflects our genuine desire to be the best in the sphere.

Being one of the public chain leaders in adoption, performance, and utility. IOST remains committed to their mission to unleash the power of blockchain. IOST currently has an ever-expanding 500,000 members community in over 20 countries. Over 400 nodes, a top-tier staking ecosystem, and symbiotic relationships with corporations dotted worldwide.

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IOST: PROMISING BLOCKCHAIN PLATFORM

Mische Martinete — Fri, 24 Feb 2023 10:41:07 +0000

IOST: Promising Blockchain Platform. IOST (Internet of Services Token) is a decentralized blockchain platform that aims to provide a high-throughput, secure, and scalable infrastructure for developing decentralized applications (dApps). The IOST was founded in 2017 by a team of blockchain experts and developers.

IOST uses a unique consensus algorithm “Proof-of-Believability” (PoB). The design is to improve scalability and security compared to other consensus algorithms such as Proof-of-Work (PoW) and Proof-of-Stake (PoS). PoB utilizes a reputation-based system that ensures the nodes on the network are trustworthy, preventing malicious actors from taking control of the network.

IOST also incorporates other features such as Atomic Commitment, a smart contract execution engine, and a virtual machine that supports multiple programming languages.

The IOST token (IOST) is the native cryptocurrency of the IOST blockchain. Use as payment for transactions, fees, and other services on the platform. It is also use for staking and voting in the PoB consensus mechanism.

IOST has gained popularity in the blockchain community and has formed partnerships with various companies and organizations, including the Chinese government, and has been recognized as one of the top 50 blockchain projects by the China Center for Information Industry Development (CCID).

Fun Facts About IOST

The founder of IOST, Jimmy Zhong, was previously a software engineer at Uber.
IOST launched its mainnet in February 2019, and since then, it has undergone several upgrades and improvements to enhance its performance and features.
IOST has a unique staking model called “Servi,” which allows users to delegate their tokens to a “servi node” and receive rewards for their contribution to the network.
IOST has a strong presence in China and has partnered with various Chinese government agencies, including the Hangzhou Municipal Government and the China Association for Small and Medium Enterprises.
IOST has a dedicated community of developers and supporters who contribute to the development and growth of the platform. The IOST community has organized several hackathons and events to encourage the creation of innovative dApps on the platform.
IOST has collaborated with several notable blockchain projects and companies, including Binance, Huobi, and BitMax, to expand its reach and provide more services to its users.
In May 2021, IOST launched a new initiative called “NFT Ecosystem Development Plan,” which aims to promote the development of non-fungible tokens (NFTs) on the IOST blockchain and provide a platform for artists and creators to showcase their work.

Features of IOST

IOST (Internet of Services Token) has several features that distinguish it from other blockchain platforms.

Here are some of the key features of IOST:

Scalability
IOST is design is highly scalable, with a target throughput of up to 100,000 transactions per second (TPS). This is achieved through the use of a unique consensus algorithm called Proof-of-Believability (PoB), which allows for fast transaction processing and confirmation.
Security: IOST uses advanced security features to ensure the safety of its network and user assets. The PoB consensus algorithm provides a high level of security. It prevents malicious actors from taking control of the network. In addition, IOST uses multiple layers of encryption to protect user data and assets.
Decentralization
IOST is a decentralized platform, which means that it is not controlled by any single entity. Instead, it is governed by a network of nodes that are spread around the world. This ensures that the platform is transparent, reliable, and resistant to censorship.
Smart Contracts: IOST has a powerful smart contract engine that supports multiple programming languages, including Java, Python, and C++. This allows developers to create complex and highly customized dApps on the platform.
Low Fees
The fees are designed to be affordable, even for microtransactions, which is important for the development of certain types of dApps.
Servi
Allows users to delegate their tokens to a “servi node” and receive rewards for their contribution to the network. This encourages users to participate in the network and helps to ensure its security and stability.
Community
IOST has a strong and active community of developers, supporters, and users who contribute to the development and growth of the platform.

Some notable products of IOST include:

iWallet
Allows users to manage their IOST tokens and interact with dApps on the IOST blockchain. It also supports various features such as staking, voting, and token swaps.
DEX
Allows users to trade IOST tokens and other cryptocurrencies in a trustless and secure manner. The platform also provides a seamless trading experience for users.
NFT Marketplace
The marketplace allows creators to showcase and sell their digital assets, such as artwork, music, and videos, on the IOST blockchain.
iUSD Stablecoin
IOST has launched a stablecoin called iUSD. It’s equal to the US dollar and the design is to provide stability and predictability for users. Users can use iUSD for transactions and trading on the IOST blockchain.
Blockchain-as-a-Service (BaaS)
IOST has launched a BaaS platform that allows enterprises and developers to build and deploy blockchain applications quickly and easily. The BaaS platform provides a range of tools and services to help businesses integrate blockchain technology into their operations.
NFT Ecosystem Development Plan
IOST has launched an initiative to promote the development of NFTs on the IOST blockchain. The NFT Ecosystem Development Plan provides resources and support for creators to create and market their NFTs on the platform.

Overall, IOST is a promising blockchain platform that has the potential to drive the adoption of decentralized applications and services. IOST focuses on scalability, security, and decentralization.

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IOST Roadmap 2022 Released

Mische Martinete — Sat, 20 Aug 2022 08:35:32 +0000

IOST Roadmap 2022 released showing the next future plans of the IOST platform. IOST is an ultra-fast, scalable, and secure blockchain network based on the next-generation consensus algorithm “Proof of Believability” (PoB).

The IOST platform is excited to move into Q3 and Q4 of 2022 and share with IOSTIANS our goals and plans moving forward.

IOST ROADMAP DETAILS

Quarter 3

Enhance user experience in infrastructure and improve IOST explorer and iwallet plugins’ speed and function
Optimize node deployment experience on IOST mainnet and simplify the deployment documentation
Elevate IOST mainnet node running performance cost mechanism
Complete Web3 API for RPC
Source more partnerships in Web3
List IOST coin on more Japan and global changes
Explore more top-tier and quality global ecosystem partners
Upgrade IOST node partner cooperation mechanism and develop Voting Function for community governance via DAO

Quarter 4

Lower down the IOST account creating threshold and explore more possibilities in using public keys as addresses
Enrich IOST development documents and accelerate the growth of the Dapp ecosystem
Explore EVM automatic migration to run IOST ecological smart contracts
Accelerate the integration of the payment platform to upgrade wallet functions
Incubate high-quality projects in GameFi & NFT
Focus on the in-depth layout of Web3 and promote the IOST ecosystem’s development at all levels
Expand the IOST ecosystem and the growth in Europe and American markets

High fees and slower transaction times on the Ethereum network have left the door open for new solutions to emerge, and IOST is the pioneering project that has been gaining traction for its superior and revolutionary technology since its mainnet launch in 2019.

The basic technology behind IOST–a decentralized, high throughput blockchain–supersedes 37 high-profile competitors, including EOS and Ethereum, by more than 5 times, per the latest ranking from China’s Center for Information and Industry Development.

ABOUT IOST

The blockchain platform IOST is highly scalable and uses its own consensus algorithm, and proof-of-believability. Decentralized applications can be run on IOST and at high speeds of up to several thousand transactions per second.

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IOST Staking On CoinTrade Begins

Mische Martinete — Mon, 08 Aug 2022 15:01:34 +0000

IOST staking on CoinTrade begins. IOST is happy to be one of the two tokens in Cointrade’s special premiere staking service.

CoinTrade is the 5th exchange that listed IOST in Japan, with an exclusive list of 8 coins in total. In early May, the IOST token was listed on the “GREEN LIST” provided by JVCEA, the Japan Virtual and Crypto Assets Exchange Association. IOST is also one of the only 18 coins that made it to this Green List, out of 48 coins by JVCEA (as of May 2022).

STAKING DETAILS

Event period: July 28, 2022 — September 11, 2022
Term options: 30 days, 60 days, and 90 days deposits
Terms and conditions apply. Learn more at Cointrade

Who can take part?

To apply for staking, you need to open a CoinTrade account. If you do not have an account yet, please apply to open an account here.

Where to find the staking rewards earned?

You can check the earned staking rewards on the deposit/withdrawal history of the CoinTrade app and the operating/history screen in CoinTrade Stake.

Steps to receive the staking rewards

You can receive staking rewards without any extra procedure. The reward is automatically credited to your account.

NOTE: Cryptocurrency assets under staking operation cannot be sold or redeemed.

In addition to this article, IOST is also available on FTX Japan!

ABOUT CoinTrade

CoinTrade is a Japanese license exchange with a simple trading view, intuitive interface, and the world’s highest level of security provided by a group of companies listed on the Tokyo Stock Exchange Prime Market.

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ABOUT IOST

IOST is a pioneering decentralized, high-throughput, gas-efficient Proof-of-Believability-powered smart contract platform built to tackle the scalability trilemma once and for all. For this, the concluding ranking from China’s CCID ranked IOST as the best blockchain platform under Basic Technology, better than Ethereum, EOS, and every other smart-contracting platform evaluated by the agency. This is a testament to the quality and ability to roll out a better, innovative product and reflects our genuine desire to be the best in the sphere.

Website | Twitter

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