Did you know that when you try to access some content on the internet your computer tries to reach the database in which the content is stored and then the information is sent back to you? If your internet is slow, this might just be the reason. Today we will review the NOIA Network, a company that intends to change this model forever.
What Is The NOIA Network?
Imagine if instead of connecting directly to the main server that is holding the data that you want to access, you could access some nearer center. This is basically what the NOIA Network is trying to use blockchain to do. The company wants to create a decentralized content delivery network to solve the problems caused by this centralization of content and information.
The NOIA Network creators discovered that the current way that the content delivery networks work is slow, has limited availability and the costs are too expensive, which makes it technologically limited and very impractical.
In the future, video will be more than 80% of internet traffic, as more people are starting to use 4K resolutions and videos are more important to people. Because of this, people need a solution for the slow speed and to avoid a bottleneck of the whole content delivery system and this company decided to create a network that could help in that.
How Does The NOIA Network Work?
The NOIA Network uses the blockchain technology to enable people to use their own computers as points of presence, which will be used to get the content from the central storage devices and send them to the people who want to access it. Basically, NOIA Network intends to construct a network that will make the content move faster.
People will be paid in tokens for their service by the network and they will be paid equally to the bandwidth that they shared to make the network faster. Businesses all over the world will be able to hire the services of the company, which will be able to attend as many companies as it wants because the decentralization ensures that there is almost unlimited potential for growth of the network.
Also, this can be a great way for the users to spend their unutilized bandwidth to get money and to help the network to be faster and more powerful. By installing a NOIA Node Client, you will be able to rent our your unused bandwidth and storage space. The program will be able to run on Linux, Windows and MacOS.
NOIA Network Roadmap And Personnel
The company is planning an ICO for its tokens during the first half of 2018 and Alpha testing will begin in the second half of the same year. NOIA Edge, a dedicated access point to the NOIA Network server will be launched in 2019 and then the company will continue development during the year. It is expected that the platform will leave Beta and start to be officially open during 2020.
The main people in charge of this company are Miao Zhicheng, the architect of the NOIA Network and blockchain developer; Domas Povilauskas, co-founder and manager of business; Virginijus Magelinskas, content delivery network architect; Kipras Kazlaukas, co-founder and investment manager; Domantas Jaskunas, co-founder and COO; Jonas Simanavicius, CTO; Justinas Valutavicius, co-founder and senior developer.
Most of the members of the NOIA Network have more than 10 years of expertise in their fields of work and have already worked in big companies like JP Morgan and Google.
NOIA Network Token Price Sale
The main sale of the tokens of NOIA Network will start on May 29 and last a month. The pre-sale will be held during April, but it will be held privately, so you have to contact the company if you want to participate.
Before buying tokens, investors will have to be whitelisted in a Know Your Customer process. Investors from all over the world are accepted, the only exceptions being the United States of America, China, Japan and the Republic of Korea.
The NOIA Network has not divulged any information about the price of the tokens yet.