Iagon – A Decentralized Cloud Service Solution

Overview:

Iagon is an open source platform which will function as storage capacities and will also power many computers with the help of blockchain technology. It will carry the complex computational processes required for machine learning and artificial intelligence. The current cloud service market is centralized and dominated by few major players like IBM, Microsoft etc. Due to this they offer very high prices for their services. Iagon wants to make this cloud service industry a decentralized place where the unused storage capacity and processing power of servers and personal computers will be used to develop a super-computer and a data centre which will be capable of competing with the current dominant players in the market. Users will pay far less fees as compared to the current amount through this platform. IAGON tokens will be used by the users to join this platform. Users will also be given IAGON tokens as a reward for joining the platform.

Iagon’s AI Based Computational Processes:

Companies require large amount of computational power to analyse large data trough machine learning and AI. This leads them to use cloud services from other companies and share their data with then. Due to this most companies do not subscribe to such services to prevent sharing of sensitive data.
Iagon is solving this problem by using blockchain technology where data can be securely stored in a decentralized platform and also providing users a decentralized cloud services.

Iagon Architecture:

The architecture of this platform has three sections:

• Machine Learning algorithm: Machine learning is used to send the data blocks to the miners so that they can find the matching signatures. These blocks are then validated which is then identified as nodes by machine learning. Here data is not stored in the systems of miners which provides privacy to the users. Miners are rewarded when they process the data at less time
• Blockchain: Blockchain breaks the data into block and these blocks are sent to various nodes. These blocks are linked in a chain with the help of hashing algorithm. When data is sent back by the individual nodes it is matched with the hash of its corresponding block to check its validity. If the matching doesn’t occur, this will indicate that some manipulations are been done by miners and these blocks are automatically rejected.
• Encryption and decryption protocol is used in this platform to provide a more secure storage.

Team:

Dr. Navjit Dhaliwal - Chief Executive Officer
Dr. Navjit Dhaliwal is IAGON’s CEO and founder, aiming to revolutionize the world’s centralized cloud industry by offering a decentralized cloud services platform. In the past, Navjit was a medical entrepreneur in the feld of dentistry, successfully leading Norway’s Mjøsa Tannklinikk’s operations and doubling its revenues in one year.

Dr. Elad Harison - Chief Architect and Chief Operations Officer
Dr. Elad Harison in an expert on DataMining and Machine Learning,Economist and Industrial Engineer, who is in charge of IAGON’s architecture planning and operations. He is the former Head of the Industrial Engineering Department at Shenkar College and an accomplished economic advisor and analyst in the private sector in Israel and in the EU, where he led business feasibility studies, market research and statistical analysis.

Dr. Claudio Lima - Chief technology officer
Dr. Claudio Lima is a seasoned executive, global CTO, VP of innovation and thought leader in advanced energy and telecom/IT working with emerging technologies, new businesses and digital transformation. At IAGON he i d e n t ife s n ew a r e a s o f te c h n o l o g y, l a n d s c a p e, d eve l o p m e n t s a n d opportunities and creates plans to implement them for IAGON and its clients.

Token Matrix:

Token – IAG
Total Supply – 500 Million Tokens
Price – $0.12 USD
Soft Cap – $5M USD
Hard Cap – $50M USD
Crowd Sale – 7th July 2018
Duration – 30-90 Days

Verdict:

Pros:
• The social media reach of this project is good. It has around 28,000 followers on Telegram and around 4500+ followers on Twitter.
• The team behind this project has experience in machine learning, IT, blockchain, software development, etc.
• There are 14 advisors for this project with different backgrounds such as telecommunications, cloud computing, IT, Finance, blockchain, ICOs, cyber security etc.
• This project has partnerships with Oracle, Cloud28, Dragon chain, Bounty0x, LDJ Capital, Crypto Voucher and many more.

Cons:
• The whitepaper of this project is difficult to understand. It consists of technical terms.
• The MVP of this project is not currently available.
• Not much information is given on the roadmap of this project.

Website: https://www.iagon.com/
Whitepaper: https://www.iagon.com/pdf/Iagon%20Whitepaper%20v3.2.pdf
Telegram: https://t.me/Iagon_official
Twitter: https://twitter.com/IagonOfficial
ANN Thread: https://bitcointalk.org/index.php?topic=2945888.0

Bitcointalk Username: rshetty3344
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1907004
ETH address: 0x137F3CC2750C9b9bF639Cd4Bf8CB63c56823aC3c