Iagon
About Iagon:
IAGON
Who we are?
Based in Oslo, Norway, IAGON is a global tech company founded in 2017.
What is our mission?
Build a shared storage economy with data compliance, privacy and security.
Initially, the IAG token was launched as an ERC token. However, as Ethereum is still facing scaling issues, Iagon decided to deploy the protocol on the Cardano network. For more details about the history of the company, including the reasoning behind the decision to use the Cardano network, see the Cloud Computing Reinvented — A Quick Overview blog post.
IAGON is an open-source platform that harnesses the storage capacities and processing power of multiple computers over a decentralized blockchain grid. It offers secure and encrypted storage and computational capabilities for big data and artificial intelligence applications. IAGON aims to revolutionize the cloud services market by creating a super-computer and data center using unused storage capacity and processing power from servers, business computers, and personal users. As a decentralized application (dApp) on Cardano, IAGON provides a low-cost, flexible, and secure solution for storage and processing needs, with a token-based economy that rewards contributors with IAGON tokens.
Join IAGON's grid and be part of the future of cloud computing!
Analysis:
IAGON is an innovative project that combines blockchain technology and artificial intelligence to revolutionize the field of cloud computing. By harnessing the power of decentralized networks, IAGON aims to create a global supercomputer that provides secure, efficient, and cost-effective cloud storage and processing solutions. This analysis delves into the key features, advantages, and potential challenges associated with IAGON's groundbreaking approach.
Key Features:
Decentralized Architecture
IAGON's decentralized architecture is one of its standout features. By leveraging blockchain technology, the platform distributes computing and storage resources across a network of participants, eliminating the need for a central authority. This not only enhances security and data integrity but also ensures high availability and fault tolerance.
Enhanced Security and Privacy
The integration of blockchain technology provides a robust security framework for IAGON. Data is encrypted, fragmented, and distributed across the network, making it virtually impossible for unauthorized parties to access or manipulate information. Additionally, smart contracts enable secure and transparent transactions, fostering trust between users and service providers.
Environmentally Friendly
Iagon uses Cardano which is one of the most environmentally sustainable blockchain protocols. Its consensus protocol, named Ouroboros, "solves the greatest challenge faced by existing blockchains: the need for more and more energy to achieve consensus. Using Ouroboros, Cardano can securely, sustainably, and ethically scale, with up to four million times the energy efficiency of bitcoin."
Advantages:
Cost-Effectiveness
IAGON's decentralized approach significantly reduces operational costs by eliminating the need for expensive data centers and infrastructure maintenance. With resource sharing and efficient utilization, users can access cloud storage and processing services at competitive rates, making it an attractive option for individuals and businesses alike.
Scalability and Flexibility
The decentralized nature of IAGON allows for seamless scalability. As the network expands, more computing power and storage capacity become available, ensuring that user demands can be met without compromising performance. Additionally, IAGON's compatibility with existing cloud platforms offers users flexibility in transitioning and integrating their operations with the platform.
Enhanced Security and Privacy
Through file encryption, encoding and our unique sharding algorithm, we are able to store files with any desired degree of redundancy and security.
Made for Web 3.0
Embracing the future of Metaverse, it is the decentralized cloud storage for the virtual world, deploying DApps and storing NFTs on a trustless and permissionless network.
Environmentally Friendly
Iagon uses Cardano which is one of the most environmentally sustainable blockchain protocols. Its consensus protocol, named Ouroboros, "solves the greatest challenge faced by existing blockchains: the need for more and more energy to achieve consensus. Using Ouroboros, Cardano can securely, sustainably, and ethically scale, with up to four million times the energy efficiency of bitcoin."
Challenges:
Adoption and Network Effects
As with any emerging technology, IAGON faces the challenge of achieving widespread adoption. Building a critical mass of participants and incentivizing them to contribute resources to the network is crucial for its success. Network effects will play a significant role in attracting users and service providers, and IAGON must focus on creating a strong value proposition to overcome this challenge.
Regulatory and Compliance Frameworks
The intersection of blockchain, AI, and cloud computing brings forth regulatory and compliance considerations. IAGON must navigate legal and regulatory frameworks governing data privacy, intellectual property, and cybersecurity. Collaboration with regulatory bodies and proactive adherence to compliance standards will be essential to gain trust and foster a conducive environment for growth.
All things considered...
IAGON presents a promising vision for the future of cloud computing, leveraging blockchain and AI to deliver secure, efficient, and cost-effective solutions. Its decentralized architecture, enhanced security measures, and integration of artificial intelligence offer distinct advantages in terms of scalability, flexibility, and data management. However, the platform faces challenges related to adoption and regulatory compliance that need to be addressed for long-term success. With further development and strategic partnerships, IAGON has the potential to reshape the cloud computing landscape and drive innovation in the digital economy.
Iagon's Mission:
(The following was taken directly from the teams website*)
While Bitcoin enthusiasts wondered whether the new cryptocurrency would ever become more than a novelty, Dr. Navjit Dhaliwal in Norway was preoccupied with the rapidly escalating number of security issues related to handling sensitive medical data. Not to mention flossing, of course. He had been exploring the game-changing potential of blockchain technology for some time when he crossed paths with Elad Harison, a fellow PhD holder, who was operating at the intersection of economics and artificial intelligence. Before long, this extraordinary duo of blockchain enthusiasts teamed up and decided to find a way to secure not only medical records, but every type of data in existence.
Team:
Dr Navjit Dhaliwal
CEO
Dr Elad Harison
Co-Founder
Dr Claudio Lima
Co-Founder
Dr Rohit Gupta
Co-Founder
Matthew Engel
Advisor
Darren Camas
Advisor
Elliott Talbott
Advisor
As of July 11th, 2023...
4
PHDs lead with extensive
experience & knowledge
in AI cloud computing etc.
19
Full-time team
members including
developers and marketeers
4
Locations worldwide:
opened in Oslo, Poland
Australia and Nepal.
Roadmap:
2018
ICO: 550,000 USD
2020
Government Grants from Innovation Norway
2020 - 2022
Approved by Norway Skattefunn Program
2020
Iagon Patent Published Internationally
2021
POC Storage Released On Ethereum
2021
Released ERC-20 IAG tokens
June 28th, 2021
IDO: 3,600,000 USD
September, 2021
Cardano Summit -- Agora Public File System Announced
October, 2021
Iagon Patent Published in EU
November, 2021
Encryption Implementation
December, 2021
MVP demo to onboard selected enterprise resource providers
2022
MVP Alpha Test on Cardano for storage users
2022
API guidance for enterprise resource providers
2022
MVP Beta Test for end users with new UI/UX
2023
Fresh Website Release & UI/UX updates
2023
Invoicing dApp Release
2023
Tokenomics on Cardano Update
2023
Decentralized Storage Mainnet
2023
Invoicing dApp New Features Release
2023
API for Resources Providers
2024
Ambassador Program
2024
NFT Airdrop for holders & stakers
2024
Single Assets Staking
2024
Subscription Manager
2024
Entire Security & Architectural Audit
2024
Decentralized Compute
2024
GDPR Compliance Tracker for enterprise use
2025
Agora System First Iteration
2025
Network Explorer
2025
Reputational Model
2025
User Access Roles for enterprise users
2025
Data Access for private users
2025
Pilots Onboarding
2025
Decentralized AI Alexandria Protocol Release
2025
DAO Launch
2025
dApps Building around spare compute and storage
