To allow value exchange, currently the world relies on trustworthy middlemen, these often don’t exist.
Even where trust structures exist, significant inefficiencies drive up costs for all parties.
Much of the world doesn’t have access to the digital services needed to give them economic mobility.
Whilst digital verticals exist, mechanisms to allow value interactions across these verticals prevent the creation of new use cases.
To enable many value interactions, participants must know who they are transacting with.
To provide a network that allows for value exchange the ability to specify asset types is essential.
Rules and regulations already exist to protect counterparties. Any network must allow for and indeed enable this regulations.
Energy efficiency not only make economic sense but is essential for building a long lasting solution
No one participant can be in a position to exploit, leverage or manipulate any individual’s data.
To support a global network of value exchange, the network must be able to scale as the internet today scales.
Many interactions, particularly those that fall under KYC/AML requirements, rely on a strong proof of identity. To support this, iov42 has centered the network around identity.
iov42 is a multi-asset network that can manage virtually any number of asset-types.
A novel consensus mechanism (DRME) combines high performance with low energy consumption.
Nodes are data centres with unlimited storage, speed and scalability. This unique architecture creates a network that can scale like the internet.
Through open API´s, developers can easily develop applications for any use case.
Building regional, interconnected networks that can comply with existing local regulations.