The QURASQ project is aimed at creating a platform for smart contracts and crypto-tokens to be used in utilizing blockchain technology in order to facilitate a secure, and anonymous data sharing platform between IoT devices. These data gotten can then be used to generate a more intelligent response from IoT devices through the application of machine learning. A wide spectrum of IoT devices is supported by QURAS namely home appliances, medical appliances, audit programs, sportswear etc. but the accounting and auditing of financial statement is the major area where QURAS might be focusing to cause some major changes.
QURAS coin will make use of the decentralized QURAS platform to reward patients and dentists likewise for their contributions to the QURAS community. QURAS reduces the cost of cloud storage platform and also provides users with the ability to use a distributed network to rent their hard disk space to other users.
QURAS is essentially a decentralized alternative to other cloud storage platform or networks such as Google Drive or Dropbox.
REAL DATA AND REAL BUSINESS ISSUES
Good and quality data is a pro to a business. It is estimated that the volume of business data all over the world, putting all companies into consideration, doubles every 1-2 years. 26 poor data can cost a business a larger percentage of expenditure or operating revenue. It is estimated that US business spends $600 billion annually due to poor data quality.
The US accounts for almost half of all hyper-scale data centers in the world. So the US is dominating in the area of cloud and internet technologies.
The 2017 executive survey, found that corporations are achieving tremendous results and business benefits from investors in Big Data. About 80.7% of executives had a successful Big Data Investment. While 21% of executives saw Big Data as a disruption to their firms.
Cultural challenge is a big impediment to the full adoption of Big Data. Despite the success, executives see this as a barrier to the full realization of the full value of Big Data in the corporate world. These cultural limitations include lack of organizational alignment, business or technology resistance and lack of middle management adoption.
Despite these challenges, there are several opportunities open to firms to establish data-driven cultures and most firms are focusing on these opportunities to innovate while at the same time, reduce expenditure. Firms are deploying new innovations such as creating new avenues for innovation and disruption, launch new product and service offerings, monetization of Big Data through the increase of revenue and creation of new revenue sources etc.
Big firms see the change coming as first as it can be and are left with the option of ‘‘transform’’ or ‘‘die’’. These firms envision a future of disruption in the emergence of artificial intelligence and machine learning, digital technologies, cloud computing, Blockchain, Fin-Tech solution etc.
THE FUNCTION OF QURAS TOKEN AND QURAS CHAIN PLATFORM
The QURAS chain platform is an unbreakable and bullet-proof platform that is developed using blockchain technology. This platform was built against anti-counterfeiting cryptocurrencies. These way it is trusted and secure for transactions of standardized payments and also in the fulfillment of smart contracts. It utilizes the QURAS token which is user-friendly and can be used for IoT applications service targets aimed at improving performance and cost reduction.
The QURAS chain platform can be used by governments and IOT developers. Users can also share data securely and earn QURAS token as rewards.
QURAS chain uses zero-knowledge succinct Non-interactive Argument of knowledge. This innovative method helps to anonymously verify a transaction as valid without disclosing the information in any way. QURAS chain will also be used on Tangle. Tangle is a new technology that represents the advanced evolution of blockchain based on the directed acyclic graph.
QURAS COIN SALE AND ITS FEATURES
QURAS coin is based on blockchain platform which will help coin users transact anonymously with the use of tangles dag protocol. QURAS coins are meant to help and used only by those who are well experienced and knowledgeable in the acquisition, transfer, and use of cryptographic tokens to access the services offered by the QURAS chain platform.
QURAS coins will only be used to make up QURAS tokens for habituating the QURASchain platform.
QURAS platform is an epitome of decentralized cloud storage, file sharing, smart contract, anonymous technology, and tangle.
For more information on this project, visit the following links:
Website: https://quras.io/
White Paper: https://quras.io/whitepaper.pdf
Telegram: https://t.me/QurasOfficialGroup2
Facebook: https://www.facebook.com/QurasOfficial/
Twitter: https://twitter.com/qurasofficial
Authored By: https://bitcointalk.org/index.php?action=profile;u=1023247