Cybersecurity is an essential need for everyone. The world is gradually becoming digitalized; all systems are becoming online and every work we do are becoming dependent on the internet. As a result, all our important data both professional and personal are being stored on the internet. The internet may have made our lives easier by keeping our important professional and personal data safe within the network database, but it has some major flaws. There are many big companies who are tracking our data and selling them to highest bidders who may use those data for achieving their own personal benefit. Government organizations purchase personal data to manipulate an individual by knowing his/ her secret. This kind of act is completely unethical and it violates the rights of citizens. This kind of hideous behavior is completely annoying and a complete violation of human rights. Moreover, there are some annoying ads which cover the important content of a website. Some of those ads are removable and some are not. Some ads even contain malware which creates a really annoying situation for internet users. Malware not only disrupts smooth internet browsing but also it corrupts data and personal websites of web users. The third party interference is also a major problem of today’s internet. The hackers often find a backdoor and steal our personal data as well as transaction histories, later they use those data against us and corrupt our system and manipulate our financial transaction system. Due to all these problems, the current internet ecosystem is gradually losing trust and credibility among the people worldwide and the need for advanced security protocols are increasing. And in response to this need the company which has developed a project to create a secure, decentralized, ad, malware and virus free ecosystem integrated with a secure commodity marketplace for all of its users is ONLINE.IO.
In this article, I about describe how the ONLINE.IO project can revolutionize the internet and e-commerce by creating a state of the art all in one security platform and highly secure commodity marketplace.
WHAT IS THE MAIN OBJECTIVE OF THIS PROJECT?
The present worldwide internet ecosystem is going through the complex situation. The websites are filled with irrelevant ads; some web pages inject malware in the network system, some contain virus affected contents which corrupts files and folders and some have an unauthorized web activity tracking system which snatches the freedom of web users. Moreover, there are hackers who hack financial transaction data and inflict harm on e-commerce businesses. So change such insecure internet ecosystem and to provide a secure marketplace for commodity purchasing via integrated merchants the ONLINE.IO Company has launched this project where they are building a platform for eliminating all kind of security issues that are disrupting the smoothness and freedom of the internet and causing financial complexities for marketplaces. The main objective of this platform is to change the internet with the collective effort of internet users and platform developers.
If you have more information about ONLINE.IO project feel free to visit, https://online.io/. Or read the BitcoinTalk Thread at, https://bitcointalk.org/index.php?topic=3452258.
TECHNICAL STRUCTURE OF THIS PROJECT
As this project is developed for creating a safe and secure ecosystem for smooth internet browsing with almost zero difficulties as well as to create a safe token economy for commodity purchasing from an online marketplace developed by their own so the project developers have integrated the following technologies within ONLINE.IO,
A. Blockchain
B. Cryptocurrency
C. API
D. Proof of Online
E. Apps
F. Smart Wallet
A. Blockchain
In the ONLINE.IO Ethereum Blockchain is used. Using Ethereum’s blockchain technology the ecosystem ensures utmost data security within its database. Ethereum blockchain decentralizes all the data within the ecosystem’s network and distributes them in separate blocks by encrypting every single data using secure coding. The data within these blocks are secured with private keys. As data are distributed in a decentralized network, there is no chance that data can be traced by outside entities. The data is protected with advanced encryption method so their security also cannot be reached by ordinary means. Moreover, the blockchain is the main reason why ONLINE.IO is able to provide a secure database for its every user.
B. Cryptocurrency
In this project, two types of cryptocurrency are used. One is OIO and it is for sale through TGE or Token Generation Event and another is ICE which is not for sale and can only be acquired through mining.
C. API
API or Application Programming Interface is an essential technology for creating a logic-based ecosystem for solving internet-based problems. API technology enables ONLINE.IO to be a flexible platform for users where every instruction is clear and easy to understand.
D. Proof of Online
This is a unique technology that is only being used by ONLINE.IO ecosystem. This system controls the reward mechanism on the basis of the voting system within the ecosystem and helps to generate trust ratings for identifying quality websites.
E. Apps
Apps are necessary for making an ecosystem portable and easily usable with smart-phones or tabs. The ONLINE.IO is available in two well-known app stores Google Play Store and Apple iStore. So, if any user wishes to use it with their smart-phones they can use it anytime from anywhere they want just by downloading it from app stores.
F. Smart Wallet
ONLINE.IO has its own smart-wallet. In this wallet, you can store both OIO and ICE token and you can spend it whenever you fit necessary. The wallet also ensures that the tokens’ structural integrity remains intact by using their own ecosystem.
For more information about ONLINE.IO project structure please visit, https://online.io/. Or, you can read detailed project whitepaper from, https://online.io/download/OIO-Whitepaper.pdf.
TOKEN ECONOMY OF THE PROJECT
The token economy within ONLINE.IO is very interesting. Here two types of token are used for two different purposes. The OIO token is offered for sale through TGE. During TGE the OIO is to be generated as the investment for the project increases. The projected token generation limit is 2,500,000,000 OIO and this is the maximum limit. Every token is offered at 0.04 USD.
Another token ICE is not offered for sale. It is for mining only. By mining ICE tokens the platform becomes more efficient and effective in preventing ads on different websites. And as the different token other than OIO is offered for mining so the token economy remains well-maintained and overall token security remain integrated.
Learn more about online.io,
• Twitter Pages: https://twitter.com/OnlineIO_
• Company Website: https://online.io/
• Whitepaper Link: https://online.io/download/OIO-Whitepaper.pdf
• Telegram Group: https://t.me/OnlineIO
• Facebook Group: https://www.facebook.com/Online.io/
• Medium Blog Link: https://medium.com/@bojanamilosevic992
• Youtube Link: https://www.youtube.com/channel/UCkmFqOjm3-1NjGxeATN1b_A
• Reddit Link: https://www.reddit.com/r/onlineio/
• Github Link: https://github.com/Online-io
• BitcoinTalk User Name: nwc.computer
• BitcoinTalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1272506