Don’t have your own account? click below link to register
Crypto Journalist and Editor of guest articles in CoinPedia. I am also handling Outreach & Partnerships Manager. Contact me: [email protected]
Jun 20, 2022
In the twenty-first century, data is the next fuel with revenue exceeding $1 trillion annually. The quantity of data generated, collected, and consumed surged by roughly 5000 percent in a decade, from 2010 to 2021. According to data projections, the quantity of data generated in the next three years will surpass that created in the previous 30 years. By 2026, the global big data industry is anticipated to be worth $234.6 billion. The need for database management systems grew as the use, access, and relevance of data grew in both enterprises and people.
Inery is the world’s first decentralized database management and blockchain platform. The goal is to create decentralized and secure database management foundation that will enable an upgradeable method of data accessibility. 
Inery’s ecosystem is made up of two main components : IneryDB and Inery blockchain. IneryDB uses blockchain technology to provide a decentralized, secure, low-cost, and immutable database management system. Users and businesses may keep control of their data assets using the database management system, which allows for owner-controlled assets. The synchronization of remote databases in real-time is one of the key features of its dependable design.
For the implementation of decentralized apps, the platform incorporates a high throughput and scalable blockchain network design. Inery’s blockchain architecture is built with characteristics that provide exceptional speed, cross-chain interoperability, and a sustainable foundation. 
Many blockchain networks have performance limitations, are not scalable, and have ineffective governance structures. Not only has greater energy use resulted in lower performance, but it has also resulted in higher transaction costs.
With its eco-friendly Proof-of-Stake consensus algorithm, Inery layer-0 blockchain tackles these challenges. Inery is a database that manages data using blockchain capabilities such as immutability, decentralization, and security.
Inery Blockchain Features:
Cross-Chain Data Management Made Simpler:
The metaverse ecosystem will require a cross-chain data management solution to enable next-generation developments. On the Inery blockchain, developers may construct and run metaverse DApps. Data released on the Inery blockchain is saved on many distributed nodes.
The information originates from a decentralized and dispersed network rather than a website, users never lose data when IneryDB is used to extract , because data is always taken from IneryDB rather than a centralized server, users may freely move their data assets from one metaverse DApp to another.
Inery serves a diverse set of use-cases across a variety of industries.
Inery Token Utility
The Inery Token (INR) is the native utility token of the Inery Blockchain, serving as a governance and utility token. The decentralized data network requires INR to protect and power it.
The INR token allows its users a right to vote, stake $INR, relaying transactions, verifying, engaging with products & services with Inery, staking rewards, access to decentralized storage of IneryDB,and recurring grants.
Tokenomics Of Inery
Dr. Naveen Singh – Co-Founder and Chief Executive Officer
Ivan Vujic – Co-Founder and Chief Technical Officer
Karanveer Singh – Chief Research Officer
Michael Waechter – Key Strategy Officer
Vincent Irlweck – Chief Marketing Officer
Find more details on the project by visiting the links below :
Website | Twitter | Telegram | Linkedin | Discord | Reddit | Youtube

Advertisement
Feed your Mind with Finance Building Ethics and Play Smart.
Quick Updates on latest trends in financial services, fintech, digital strategy and more with our industry leading Fintech Channel.
Follow These Accounts
for inspiring Posts
And Stories
instagraminstagram twittertwitter whatsappwhatsapp telegramtelegram
#Cardano price all set to jump more than 60%, Will $ada price break above the consolidation to surge above $0.65?… https://t.co/9l9LNY6FQS

source

Lascia un commento

Il tuo indirizzo email non sarà pubblicato. I campi obbligatori sono contrassegnati *