Categories Film & AnimationAutos & VehiclesComedyGamingHowto & StyleMoviesMusicNews & PoliticsPeople & BlogScience & TechnologySports
Found this content disturbing or inciting religious hatred? Please report

Blockchain Platform Makes Internet Service More Private and Affordable


Uploaded by Coin News The role of the Internet in modern day civilization cannot be overemphasized.It also serves as an essential tool for globalization and societal development that is significant in every area of individual and national development such as education, commerce, politics and the military.Considering how crucial Internet services are becoming and the growing demands upon service providers on a global level, it is obvious that the existing infrastructure can only be relied upon for a limited period of time.Also the centralized nature of these systems remains a form of limitation which leaves subscribers in a state of uncertainty based on what to expect from a service based on centralized control.Being run mostly by profit-oriented corporations, the limited coverage in terms of Internet service is a consequence of demography and available opportunities.This explains why most sparsely populated areas, such as small towns and villages do not enjoy good Internet services.On the side of users, connecting through centralized servers means giving up on their rights to privacy.This is because with the existing service providers, there is no such thing as genuine neutrality.The solutions offered by Blockchain technology which enables “anyone to be anything at any time” is being explored in the Internet service providing industry.IUNGO network and its existing partnerships enhance the availability of the Internet across several borders by taking advantage of the flexibility offered by Blockchain technology.This system involves the creation of a decentralized platform where anyone who has Internet data can function as a service provider to his immediate community by providing WiFi services.This service will enable more participation, and create an inclusive ecosystem that will increase Internet coverage even to more remote areas across the world.Powered by an Ethereum based token, IUNGO presents service providers with such benefits as an additional revenue stream for individuals and businesses who elect to provide Internet services to anyone within their surroundings as they can pay using the platform’s tokens.The project is also a cost-effective venture since there will be no need for the usual physical infrastructure that is normal practice with the existing systems.Blockchain is a protocol that is not bound by geographical location.Therefore issues of coverage and Internet reach will become forgotten.More users will become engaged in the profitable venture, thereby contributing to solving the global and persistent problem of unemployment.The IUNGO platform provides users with powerful web-based service management tools (network abuse prevention, reports, billing, alerts, captive portals, white label branding), marketing tools and also the resident Blockchain protocol ensures increased security within the service.Also, based on the direct peer-to-peer nature of transactions, there becomes a significantly reduced legal liability for corporate “visitor” Internet a show more


Related Videos