IOST is an enterprise-level blockchain system in the making from the Internet of Services. The platform is focused on blockchain technology that is ready for mass adoption through blockchain as a service. Efficient distributed sharding, a node-to-shard protocol, and Proof of Believability consensus verification mark the technology apart from other blockchain platforms.
Market problem: Current blockchain architecture has seemingly hit a plateau in which additional adoption only leads to high fees, slow transaction times, and poor throughput. Even though some second-layer scaling solutions are being implemented, they’re largely untested and may still not reach the level of scalability that an enterprise-level company like Google or Amazon would need.
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