Module
What is Module?
MODULE
is a blockchain-based platform designed to utilize the free storage of
smartphones, PCs, servers, etc. as an asset. Using the MODULE platform, one
will be able to participate in mining even from a smartphone. Servers and enterprises
can also participate in mining.
Module’s
consensus (mining) algorithm makes it possible to earn rewards by lending out
storage space. As the storage capacity of devices progresses and expands, one
can expect the various services offered to expand. In addition to issuing new
original coins, users will also be able to develop Dapps (decentralized
applications) on the platform.
MODULE employs a
new transaction approval algorithm. It is a new technology platform that
enables everyone to participate in mining, even from a mobile device. In
addition to building DApps, users will also have the ability to issue new
currencies on the platform.
The Future According to
MODULE
The
MODULE developers have devised a new algorithm. The team is developing a system
under which compensation is determined based on three elements of storage:
space-timetransaction. This will enable users to participate in mining from
mobile devices such as smartphones.
In
our future, not only people living in developed countries will have the
opportunity to participate in mining. We hope to have many people holding
smartphones in underdeveloped countries acting as miners and receiving rewards.
For many people in developed countries, mining that brings in only one dollar a
day may be meaningless, but we believe that this can drastically change the
life of people in poorer countries.
Technology
Overview
The PCSN (P2P Cloud Storage Network), which made client-side
encryption possible, enables a user to transmit and share data without having
to rely on a third party’s storage space. The elimination of central control
can alleviate problems such as traditional data errors and power cuts, while
significantly increasing security, privacy and data control. Earlier, the P2P
network was not suited for building a storage system. With this system we solve
the inherent problems by implementing
direct
payment (Suggested solution) — (Method similar to the response verification
system). This will enable data
authenticity to be checked on a regular basis, and compensation to be paid for
the data stored in PEER. We also propose an address access model and
independence in this system, as well as the ability for the nodes to aggregate.
MODULE App image
About the
utility token
“Founding” model
MODULE App —
data storage service
MODULE is suitable for storage of sensitive information because
its distributed storage keeps data in fragments in many different places. It
can be used to store information that should be kept secret from others.
In particular, by storing information in a distributed store like
MODULE, one can enhance information security through “secret sharing”. In other
words, if sensitive information is divided into fragmentary pieces of
information and stored in separate places, information cannot be reproduced
with only one fragment, but if several pieces are gathered, the information can
be reproduced. This Secret Sharing method will be used in blockchain, and to
build secure cloud storage for the safe storage of sensitive information.
The technique for concealing documents recorded in blockchain
through the management of secret sharing keys has already been developed. One
obstacle to utilizing blockchain to handle sensitive information was the fact
that information on blockchain must be disclosed to the entire community of
users. However, by combining blockchain technology and secret sharing, one can
expect higher security and convenience. In this way blockchain can be used in
various fields such
as
finance, distribution, in the supply chain, official document management, etc.
(Data
distribution)
Spreading
files from the storage devices which are the closest to distributed files
Road Map
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