AIOZ AIOZ Network
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Frequently Asked Questions
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Use Cases of AIOZ Network
AIOZ Network has diverse use cases across various industries, including:
- Media and Entertainment: AIOZ Network provides decentralized storage solutions and efficient content delivery for live streaming and video-on-demand services. It supports popular media streaming protocols like HLS and MPEG-DASH, ensuring fast and reliable content delivery.
- E-commerce: The platform offers secure and scalable storage solutions for e-commerce platforms, addressing issues like data breaches and single points of failure.
- Blockchain Projects: AIOZ Network's decentralized infrastructure supports various blockchain projects by providing secure storage, AI computation, and efficient content delivery.
- Healthcare: The network can be used for secure storage and sharing of medical data, ensuring data privacy and security.
- Education: AIOZ Network provides decentralized storage and content delivery solutions for educational institutions, enhancing data security and accessibility.
- Gaming: The platform supports decentralized gaming platforms, enabling true ownership of in-game assets and free trading.
- Telecommunications: AIOZ Network can be used for decentralized content delivery networks (CDNs), improving content delivery speed and reliability.
Key Features
- Decentralized Storage: AIOZ Network offers secure and scalable storage solutions, ensuring data sovereignty and security.
- Decentralized AI Computation: The platform provides decentralized AI computation services, empowering developers and businesses to harness the full potential of artificial intelligence.
- Live Streaming and Video-on-Demand: AIOZ Network enables efficient content delivery for live streaming and video-on-demand services, supporting popular media streaming protocols.
- Multi-Chain Compatibility: The platform supports integration with various EVM chains and Cosmos-based chains, facilitating smooth asset and data transfer between different blockchain ecosystems.
Last Updated: 11/29/2024 13:50 UTC -
Pros of AIOZ Network
- Faster Content Delivery: AIOZ Network leverages a global network of nodes to deliver content more efficiently than traditional CDNs, ensuring faster access to media and data.
- Enhanced Security: The decentralized nature of AIOZ Network eliminates central points of failure, making it more resistant to cyberattacks and ensuring secure data storage.
- Cost-Effectiveness: By cutting out middlemen, AIOZ Network offers a more cost-efficient way to deliver content, reducing costs associated with traditional CDNs.
- Potential for Earnings: Users running AIOZ nodes can earn rewards for contributing resources to the network, providing an incentive for participation.
- Interoperability: AIOZ Network is compatible with both Ethereum and Cosmos blockchains, allowing for seamless integration with various decentralized applications (dApps).
Cons of AIOZ Network
- Project Maturity: AIOZ Network is a relatively new project, and its technology is still under development, which means there is a higher degree of uncertainty compared to established players.
- Competition: The decentralized content delivery network space is crowded with various projects, and AIOZ Network needs to effectively compete and carve out a niche for itself.
- Cryptocurrency Dependence: The value of the AIOZ token directly affects the network’s overall health, making it susceptible to market fluctuations and volatility.
Last Updated: 11/29/2024 13:51 UTC -
Founders of AIOZ Network
The founder of AIOZ Network is Erman Tjiputra, who serves as the CEO. He has a background in decentralized nodes and computational contributions, which he developed through his participation in S.E.T.I. (Search for Extra-Terrestrial Institute) and his early interest in peer-to-peer file sharing (P2P) and blockchain technology.
Key Team Members
Other key team members include:
- Trieu Nguyen
- Hien Nguyen
- Quang Tran
- Dave Peacock
- Laura Toma
- Joshua Toh
- Dejan Horvat.
Background
Erman Tjiputra began collaborating with the core AIOZ Network team in 2013, researching and experimenting with various emerging technologies before the official creation of the AIOZ Network team in 2017.
Last Updated: 11/29/2024 13:51 UTC -
Investors in AIOZ Network
- Vendetta Capital: Participated in the private round as a ventures capital firm.
- Mr Beast: Lead angel investor in the private round.
- Kardia Ventures: Lead ventures capital firm in the private round.
- 3Apes Capital: Ventures capital firm involved in the private round.
- Unicorn Venture: Ventures capital firm that participated in the private round.
- Global Key Investment: Participated in the private round.
- Master Ventures: Another key investor in AIOZ Network.
- ZBS Capital: Also an investor in AIOZ Network.
Last Updated: 11/29/2024 13:51 UTC -
Halal Status of AIOZ Network
- Halal Status: Yes
- Reason: AIOZ Network is considered halal because it does not involve interest-bearing mechanisms or prohibited activities under Islamic law. The platform generates revenue through legitimate business activities, primarily fees from content delivery services.
Last Updated: 11/29/2024 13:51 UTC
Description
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AIOZ Network is a blockchain-based content delivery network (CDN) aiming to revolutionize media streaming by offering a decentralized and distributed network for faster, more efficient digital media distribution. It utilizes blockchain technology to create a peer-to-peer network, allowing users to share bandwidth and computing resources.
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