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About Module Token

The Module is a blockchain-based platform offering an asset of free mobile device storage. Module platform allows users to mine and rent unused GB even from small portable devices, which means that any mobile phone owner will be able to participate in the Module business and earn.

For People

Do you have free GB on your mobile phone?Contribute them to the Module network and receive a reward in MODL tokens. Anyone can supply the network with unused GB on their device, tablet, laptop or PC and earn when others use this storage.

For Blockchain community

Ready to start your own application or blockchain business? Smart contract technology, fair mining, protected, high-speed and low-cost blockchain environment for your application or start-up.

For Business

Need massive data storage, preferably cheap? Done!Because of the large amount of digital storage assets and their decentralisation, the cost of secure data storage will be much lower than what’s currently available on the market.

For Safety

Afraid that your personal data will be stolen? Module eliminates this risk.Distributed storage network offers significant advantages compared to server-based cloud storage. Data is secured with client-side encryption, which ensures much greater reliability than any other existing protocol

For Speed

Slow file transfers and long download? All in the past!Distributing files from locations closest to the recipient dramatically increases data transfer speed.

How Module Blockchain Data Cloud Storage Network Works

The main product of the module is a blockchain-predicated data storage platform that sanctions anyone to act as a “miner” (data host) with his computer’s free recollection. The system is not obligatorily aimed at end users, but rather at software developers who can manage the back end for a variety of applications.

In their white paper, Modules estimates that billions of gigabytes of data on smartphones and other contrivances around the world go unutilized. While most blockchain accommodations rely on very potent computers to check transactions and store data, Module suggests instead that all this unutilized recollection should be utilized.

All data stored on the platform of the module is plenarily encrypted so that it is forfended from the peer on whose contrivance it is stored, but withal when the contrivance of the host is offline because there are multiple copies.

The developers of the platform state that they are one of the most viable alternatives to the most widely used blockchain verification architectures, as proof-of-work algorithms require immense power consumption and proof-of-stake methods incline to tacit centralization.

The platform’s algorithms are designed to provide an authentically decentralized system that will work well in the future as the hardware requisites of computer recollections and programs perpetuate to grow.

The module enables its miners to set their own hosting accommodation prices, which the company hopes will stimulate salubrious competition and sanction users to buy only the storage capacity they require for their intended use. Access to the accommodation requires payment in MODL tokens, which are habituated to compensate the host users for servicing the accommodation.

The development of the module platform commenced in May 2018, albeit the company’s roadmap shows that a beta release will not be relinquished until the cessation of the year. The company hopes to relinquish a convenient smartphone app on Google Play and the App Store in early 2019.

Consensus Algorithm

The POSTT decentralized storage network can perform data storage and data transfer (downloading etc.) functions across two markets. The two markets are the data storage market and the data service market. A client and a miner determine the service price, form an ORDER in the market, and process each ORDER.

This market is developed by POSTT, which includes both POS (Proof of Space) and POTT (Proof of Time and Transaction). Users will be able to store their data safely for any period of time they want.

Finally, miners will support the blockchain by generating new blocks, and the opportunity for miners to earn rewards for exerting influence on the new blocks will be proportional to the storage space, time, and the number of transactions currently provided to the network.

Platform

Gain access to Module’s solutions, which enable, you to store and manage your data privately, securely, independently and quickly. Your data assets are stored at a blockchain address, which is fully controlled by you – the only person who can access them.

Take advantage of our platform’s Secret Sharing concept. Rent space and start mining – it’s easy with Module. use blockchain for fast deployment of your own service, pay for data, data storage and transfer services. Use tokens to pay for system integrity and award miners, send payments to developers and contributors, support scientific labs and universities, create affiliate and loyalty systems etc.

Features

Internal testing will start from October 2018. The beta version will be distributed to users in December, after the completion of testing. The official release in Google Play and App Store is scheduled for January.one of the features of our project is that a token holder = MODL user. The beta version of the MODL application will be distributed to the users who purchased a MODL token during the ICO.

The more activity on the application, the more value of MODL to be distributed. Influencers will be used to propagate the App and acquire users. Press releases will begin in the Asian region from August 2018.

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.