ERC20 Token

IOStoken (IOST)

The Internet of Services (IOStoken) offers a secure & scalable infrastructure for online service providers. Its high TPS, scalable and secure blockchain, and privacy protection provide infinite possibilities for online service providers to serve their customer base.

In our vision, the IOStoken is a next-generation blockchain technology that provides the network infrastructure to support a service-oriented ecosystem. The IOStoken platform not only provides its users a completely decentralized way to exchange online services and digital goods, but also enables developers to deploy large scale dApps with the ability to support massive number of users. With a series of groundbreaking innovations, such as Efficient Distributed Sharding (“EDS”) and Believable-First consensus approach, we are able to increase the system’s throughput enormously while guaranteeing security.

“We designed the Proof-of-Believability mechanism to eliminate the need for an energy-hungry proof-of-work protocol, which stands as a barrier to blockchain scaling up for widespread adoption. Believability of a node is calculated based on contribution and behaviors; Meanwhile fairness is ensured with algorithmic randomness.”