What is Online.io?
The Online.io ecosystem allows searching information, buying, and surfing the Internet securely. Each ad and website get the rating from users, the access to personal data is protected by the blockchain technology. The platform is built on 5 components.
- Browser Extensions: There are extensions for different browsers for PCs, smartphones, and tablets such as Chrome, Opera, Firefox, Safari, which are embedded into the platform. Online.io will suit every user no matter what OS he uses.
- Wallets: You can shop online with cryptocurrencies: it’s fast, safe, and anonymous. The mobile app of Online.io has an embedded wallet, while the desktop version has a calculation app compatible with Linux, Windows, and MacOS.
- Mobile Application: The app works as a digital wallet, a blocker of ads, hacking scripts and phishing sites. All in one, just open the app!
- Marketplace: A trading platform includes decades of authorized sites connected to the Online.io system: it guarantees safe shopping with protection against spam, stealing funds from users’ credit cards.
- Merchants: The platform includes an open API, with the help of which creators of third-party sites can connect Online.io to their resources, accept payments in cryptocurrencies, and attract new clients through the platform.
ONLINE PLATFORM
The web is intended to be delighted in and not persevered. Be that as it may, with the meddlesome substance in our appearances most circumstances when perusing, continuance is what is currently reachable. The Online.io has a thought that plans to settle these issues and where all gatherings included will be happy with the result. The online.io stage is a decentralized framework and the highlights of this biological system incorporate yet not restricted to quicker, more secure and more private web perusing. How can it intend to accomplish this we may inquire? Computerized ad takes a ton of stacking time and most circumstances if not generally backs off the responsiveness of a site. I have shut pages a considerable measure of times as a result of the pop-ups displayed. The online.io stage will plan to restrict this to the barest least.
Customer information will be dealt with to the most extreme security because of the blockchain. Assent is required before any client information can be shared. On the stage, dependable sites are positioned in light of the audits of clients in view of their encounters. Promotion free, secure, private pages will be positioned higher essentially, and this will prompt an expansion in rush hour gridlock for these sites. This will, thus, make income for the site administrators as individuals invest more energy in the site and get remunerated as needs be. The prizes will be in ICE tokens which depends on the Ethereum organize and the tokens can be traded and utilized for any monetary exchanges the holder dreams fit.
What Problems Does Online Seek To Solve?
Online’s whitepaper mentions all of the following problems:
Government agencies and large internet companies like Facebook generate enormous profit by tracking every move of users across the internet
Today’s websites are filled with advertisements; users are bombarded with ads across the internet
Website owners, meanwhile, are forced to display lots of advertisements in order to earn a stable income from their online properties; websites can’t exist without advertising revenue
Many advertisements have hidden malware, invasive trackers, or virus-enabling scripts
Blockchain Development
Each distributed system needs a consensus algorithm to verify transactions. Over the last few years the Proof-of-Work algorithm has dominated, not to say was the only one used. As the cryptocurrency ecosystem evolves — the race to create a better consensus algorithm began. The current year can become the year of competition between different mining algorithms/strategies. The following strategies are currently most widely known:
Proof-of-work (PoW) — Coins are distributed based on the work performed by the user to demonstrate his input on processing transactions and doing work for the whole infrastructure. This is the group of algorithms that provide a slow calculation of some result and fast verification of this result. Proof-of-stake (PoS) — Coins are distributed based on the user’s previous investments. The more investments a user has the more coins he will receive. Proof-of-elapsed time (PoET) — It is a relatively new concept. Coins are distributed based on the proof that the user was doing some specific action for a rather long period of real time. Proof of time algorithm was invented by Intel and it is mainly associated with their hardware platform that provides very fast consensus model. It generates random numbers (wait time) on miner’s nodes and then chooses the node with the lowest number. So, it works like a lottery but with more complex algorithm designed to provide more optimizations. Intel promises that this algorithm cannot be broken by external actions and provides honest consensus model. This makes PoET perfect for private Blockchain when we need performant distributed storage and don’t want to force our hardware to make complex computations.
Why Online?
At the current stage of web technologies development, the Internet browsing is tightly related to tracking consumers behavior (including sensitive financial data) and it is difficult to eliminate this component without knowing the tracking techniques. The user's profile can even be sold to third parties thus raising privacy concerns. Another problem is ads which create irritating browsing experience and even scammy malware might be embedded.
The main GOAL of Online.io is to tackle such threats thus taking user’s privacy to a higher level by blocking online tracking practices. Such approach will result in reinventing the Web experience and transforming Internet of Things to Internet of Value. Furthermore, people's privacy will be viewed as a key priority due to the fact the user will be able to browse in a non-trackable, more secure and add free manner.
Background
User sentiment towards ads on the Internet is declining. Most users say that ads are becoming increasingly intrusive and they’ve also closed their browsers due to pop-up ads. Consumers are increasingly unable to tolerate ads because:
Intrusive and disruptive
Cause security problems
Affects load time and bandwidth
Most users are very concerned with security and privacy issues. We know that user behavior data are tracked and recorded for later use for the benefit of “evil” companies. Increasingly sophisticated tracking techniques today can track interests, attributes, shopping events, visited places, etc. Moreover users do not have access to the data collected and can not make corrections in case of invalid data.
How does Online.io work?
The system of adaptive Ethereum smart contracts, which are concluded by ordinary users, owners of online-platforms, and ad services is in the basis of the platform. Creators are planning to change the up-to-date Internet by solving 4 main problems.
- Privacy. Personal data of users are stored in encrypted form in the Online.io blockchain. Such an approach excludes the access of fraudsters, government, and other interested persons.
- Security. Each site working with Online.io receives the rating. If the internet community complains ads, spamming, or poor service, the rating of a site will be downgraded or excluded from the system. This logic protects creators of high-quality content, makes annoying ads ineffective.
- Availability. The materials published on the websites taking part in Online.io are available without subscription and contact information and are completely free of charge. Such politics makes hackers attack ineffective, excludes spamming. Users get “clean” Internet without useless information.
- Profitability. Owners of websites get tokens for the high rating, that’s why the high-quality administration and useful information to become profitable. Users are paid for visiting each site and setting the rating. Received tokens can be exchanged on any cryptocurrency or spent on shopping in Online.io itself.
Buy Token
The advertising industry enjoys a significant supply concerning data, or it have targeted more concerning massive data. However, recent lookup has proven up to expectation more consumers are unhappy due to the fact he are paying after browse the internet, either through subscriptions and via less obvious fees, certain as much digital advertising. The web users are concerned about digital advertising between look on in imitation of security, privacy, and intrusive ads formats.
In this case, through Online(oio) envisaged surroundings the internet customers intention lie able after revel in an ad-free Internet, whilst the web operators intention still gain out of pecuniary rewards. Online(oio) is a decentralized ecosystem primarily based over the Blockchain Technology over Ethereum Platform together with a imaginative and prescient to edit an internet user’s browsing trip better yet proof by using disposing of unwanted interruptions like classified ads proven while surfing net pages and malicious viruses.
ONLINE TOKEN SALE
The Platform will comprise of 3 coins
- Online Ethereum Token (OIO) - This is the key component in the biological community. The OIO can be staked with a specific end goal to utilize the innovation and mine ICE tokens.
- ICE Ethereum token (ICE) - This can be utilized for day by day utilize and micropayments.
- Trust token (TS) - This can be utilized by clients to rank sites and for positioning gamification.
The Token age occasion is for the financing of the advancement of the Platform.
Token Details
Token: OIO
Price: 1 OIO = 0.04 USD
Bonus: Available
Platform: Ethereum
Soft cap: 5,000,000 USD
Hard cap: 50,000,000 USD
Ended:- 2018-06-15 - 2018-07-09
ICO TIME:- 2018-07-10 - 2018-07-31
Roadmap
Website: https://online.io/
Whitepaper: https://online.io/download/OIO-Whitepaper.pdf
Conclusion
Each of us cares to ensure that his interests are inviolable, and personal life is protected from violent methods of influence. The project Online.io undoubtedly must solve these problems. The platform for solving problems has considerable potential, an experienced team that does everything for the benefit of not only the project, but also its users. I believe that the project will find its audience among users, since the decision of the issue of confidentiality occupies an important place on the Internet. Internet without advertising will be available to every user. I believe in the project and I wish him only success.
Team
Social Media
Facebook:- https://web.facebook.com/Online.io/?_rdc=1&rdr
Medium:- https://medium.com/online-io-blockchain-technologies
Youtube:- https://www.youtube.com/channel/UCkmFqOjm3-1NjGxeATN1b_A
Telegram:-https://t.me/OnlineIO
Twitte:- https://twitter.com/OnlineIO
Bitcointalk:- https://bitcointalk.org/index.php?topic=3452258.0-
Linkedin:- https://www.linkedin.com/company/online-io-blockchain-technologies/
Googlae Plus:- https://plus.google.com/110068482873317769477
Reddit:- https://www.reddit.com/r/onlineio/
Github:- https://github.com/Online-io