Greetings friends,today i will discuss and share my knowledge on the potentiality of QURAS as a smart contracts and crypto tokens.
Qurascoin has a distributed cloud storage platform that allows distributed network users to rent their hard disk space to other users,anyone who wants to participate to use bigdata for various purposes can use QURAS tokens or create and operate their own smart contracts on the blockchain that we operate,also Quras smart contract and cryptocurrency that utilizes blockchain technology to facilitate secure anonymous platforms to share data between IoT devices and use this data to generate smarter responses from IoT devices by implementing machine learning.
QURAS-A Platform for Smart Contracts:
The simplest and most basic smart contract includes the definition of a transaction and an event that triggers that transaction,The QURASchain will enable users to create and to operate smart contracts that cater to the needs of IoT services and the IoT and BigData developer community.The smart contracts can be developed, programmed and operated over the QURASchain platform, utilizing its embedded tangle technology, the QURASchain platform supports the generation and the execution of nondeterministic smart contracts that require inputs from sources that are exterior to the blockchain.
IOT IN TORRENT AND TORRENT IN BLOCKCHAIN
the new sensation in modern networking,these small devices(such as health monitoring devices) produce enormous amount of data. Sharing of these data has been a huge challenge,the huge rate of data accumulation and sharing it in realtime has been the most difficult part. One the other hand the security and privacy of these sensitive data is very crucial,As each node issuing a transaction also verifies two other transactions,overall all nodes contribute to the security of the ledger.
In addressing the privacy aspects in general, there is an opportunity to support a non-commercialized self-organized service. Web-based centralized online social networks today bring together the social sphere of family and friends with the commercial sphere. This combination enables targeted advertising thanks to profile information and data mining and thus based on a person’s revealed preferences and extends it to a more precise targeting by taking into account social information.
QURAS technology is to provide secure, open source, and encrypted cloud storage clients. Users can use the DriveShare and MetaDisk applications to rent out unused hard drive space to the QURAS network. QURAS can be seen as a decentralized alternative to traditional cloud storage systems such as GoogleDrive or DropBox,whoever want to provide the centralized service and framework can also be able to take control to provide the service or modify its system.Also, a centralized system need more trust from the userbase than a distributed system which limits any risk of privacy breaches by not having a central database of user data, so that only a small fraction of protected data may be exposed at any time, should the encryption be broke.
Smart building technologies have matured to enable facility optimization through the convergence of information technology and building automation. Building owners and key decision makers are increasingly aware of the business value of these solutions. Connected Consumer Electronics (CE) represents a range of new intelligent devices that are becoming a part of our everyday lives. Whether it’s a connected smart plug, pet-tracking services or personal health monitor, the sharing of Internet and entertainment content is changing the way we live.
Big Data and IOT:
Challenges to big data include, but not limited to, data grabbing, data cleaning, data storage,data analysis, moving, and querying. Traditional relational databases often fall short to handle such large data sets.Quras is equipped to manage vast streams of transactions from any sized IoT and then streamline the generated data into a secure and highly-anonymous communication network, forming Quras.
Smart contracts are contracts, or series of steps and operations that execute themselves. The simplest and most basic smart contract includes the definition of a transaction and an event that triggers that transaction. By using smart contracts, no trust issues that involve human intervention and creation of trust between parties are necessary to trustfully carry out operations over the blockchain (for example, transfer of funds between parties). The QURASchain platform addresses the need for a platform of smart contracts for the IoT services. The QURASchain will enable users to create and to operate smart contracts that cater to the needs of IoT services and the IoT and BigData developer community. The smart contracts can be developed, programmed and operated over the QURASchain platform, utilizing its embedded tangle technology.
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