
IOST
by IOST
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What problem does this service solve?
The Internet of Services Token is focused on improving overall blockchain speed and performance.
Company Details
- IOST
- https://iost.io
- Founded 2017
- Singapore
- Internet of Services Token
Token Stats
About IOST
IOST (Internet of Services Token) is a blockchain platform that is focused on improving transaction speed and scalability. IOST has a unique Proof of Believability consensus mechanism that is based on past contributions and behavior.
The company claims that their platform will increase security and efficiency compared to other platforms. IOST uses a sharding technique that splits the network into smaller ones and randomly assigns tasks for the nodes on the network.