Quras: a decentralized intelligent contract platform for clouds and IoT

Quras: a decentralized intelligent contract platform for clouds and IoT

donnyarrr


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 https://quras.io/

Greetings to all readers, in this article I will discuss what exactly this innovative and entertaining innovation is about, and I would appreciate it if you remain firm until the end.

The exceptional avant-garde effort of this wonderful platform Quras  https://quras.io/ makes it a cornerstone and a rapid transformation to order this industry in the preexisting problems that fight against cryptocurrency.

The agiotism related to investments in cryptocurrencies continues to grow in the modern world. The widespread interest in the cryptocurrency markets is stimulated by the numerous opportunities to increase the crypto capital staff. The increased interest in the market in turn has led to an explosion of educational and informational resources for investors in cryptography. However, the cryptosphere remains difficult for most people to understand. Even for experts, the effective use of the various software and information resources available to market cryptocurrencies can be a laborious and time-consuming process.

Quras Introduction

The Quras project https://quras.io/ entered the world of Cryptocurrency and led the group with its exceptional strategy and innovation to provide an intelligent and secure solution for a wide range of different applications. It began with the passion to create a secure and anonymous chain of blocks for the health industry, achieving a level of security and efficiency that was previously impossible to achieve, helping health service providers revolutionize their data storage. Quras is now ready to change the way companies and individuals define “insurance.” Using an open source approach, Quras provides the user with full control over the administration of their own rights, data and assets, while guaranteeing maximum protection against any external interference.

About Quras

QURAS is a platform for smart contracts and crypto-tokens that utilize the blockchain technology to facilitate a secure anonymous platform to share data between IoT devices and use these data to generate a more intelligent response from IoT devices by applying machine learning.

By using the QURASchain platform, anyone who wants to participate to utilize bigdata for various purposes can either utilize the QURAS token or create and operate his/her own smart contracts on the blockchain that we operate.

By doing so, QURAS will assist in reducing the cost of collecting, storing and analyzing data from IoT devices. It will focus on three issues of IOT devices.

 

For this purpose, a large number of cloud services are being developed that can more rationally and economically than servers, and organize the storage of databases that grow daily. The largest producers and users of databases are libraries that manage administrations of various levels, trade and social networks, search systems and medical institutions. It is predicted a 50-fold increase in the storage of large data BIG DATA from 2010 to 2020, as the volume of business data worldwide doubles every 1.2 years.


Another promising direction for data storage is the decentralized cloud service IoT ( Internet of Things ), which “is a network of physical devices, vehicles, household appliances and other items with built-in electronics, software, sensors, actuators and connections that allows you to connect them for the exchange of data, to create opportunities for more direct integration of the physical world into computer systems, which led to greater efficiency, economic benefits and a reduction human loads “.

In 2015, about 15.4 billion devices were connected. According to the IHS, by 2020 this figure will grow to 30.7 billion, and by 2025, to 75.4 billion. In 2016, world expenses for IoT in all markets amounted to $ 737 billion. By 2020, according to IDC forecasts, these expenses will increase by 15.6% and will amount to 1.29 trillion US dollars. But IoT is not only fixed costs, its rational use allowed Barcelona to create an additional 47,000 new jobs and reduce street lighting costs by $ 37 million per year.


This is due to the existing advantages of this cloud platform IoT:

  • companies see their marketing activities in the provision of services in the mode of operating time;
  • customers have the opportunity to receive their specific services and products;
  • Intelligent system helps to track fraudulent actions in advance and warn the user;
  • producers and sellers of services and goods are given the opportunity to analyze their actions and adjust them in accordance with the needs of customers;
  • IoT reduces current costs by analyzing existing situations and data.

THE QURAS PROJECT

THE NEXT GENERATION IN SMART CONTRACT PLATFORM FOR UNTRACEABLE PRIVACY-ORIENTED TRANSACTIONS, FROM A SECURE PLATFORM TO ANONYMOUS CLOUDS AND IOT.

The Quras project has been evolving and expanding its reach to provide a smart and secure solution for a wide range of different applications. It began with a passion to create a secure, anonymous blockchain for the healthcare industry, by achieving a level of previously unobtainable security and efficiency – helping healthcare service providers revolutionise their data storage – Quras is now ready to change the way businesses and individuals define “secure”. Utilising an open source approach, Quras gives the user complete control over the management of their own rights, data and assets, while ensuring the utmost protection from any external interference.

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Features

  • PRIVACY
  • CLOUDS & BIG DATA
  • IOT
  • SMART CONTRACT
  • APPLICATION
  • ECO-SYSTEM

How it works

Instead of the global blockchain, there is a DAG that is called the tangle. This tangle graph is the ledger for storing transaction. Each node in the DAG is comprised of cpu that issues a transaction. In order to issue a transaction, a node must approve previous two transactions. The approved transactions are represented as edges in the graph. So transactions issued by nodes generate a set of tangle graphs. All the approved transactions can be traced back to the “genesis node”.

WHY DO YOU CHOOSE QURAS

  • Decentralized and open source
  • You can protect your own rights, assets, and data yourself
  • Initiatives for Token Issuers
  • Approach to Technology

QURAS SMART CONTRACT

• Any user of QURASchain can define and generate events that will trigger the necessary transactions.

• QURASchain supports both deterministic and non-deterministic smart contracts (such as those based on IoT data).

• QURASchain is based on Tangle, an advanced technology that evolved from blockchain and presents tangible benefits for IoT platforms.

Smart contracts are contracts, or series of steps and operations that execute themselves. The simplest and most basic smart contract includes the definition of a transaction and an event that triggers that transaction. By using smart contracts, no trust issues that involve human intervention and creation of trust between parties are necessary to trustfully carry out operations over the blockchain (for example, transfer of funds between parties). The QURASchain platform addresses the need for a platform of smart contracts for the IoT services. The QURASchain will enable users to create and to operate smart contracts that cater to the needs of IoT services and the IoT and BigData developer community. The smart contracts can be developed, programmed and operated over the QURASchain platform, utilizing its embedded tangle technology. The QURASchain platform supports both deterministic and non-deterministic smart contracts. Its support of deterministic smart contracts enables creation and processing of contracts that are based on the information that is internally stored in QURASchain and can utilize it. Additionally, the QURASchain platform supports the generation and the execution of nondeterministic smart contracts that require inputs from sources that are exterior to the blockchain.

Technical Details

The consensus problem requires agreement among a number of processes (or agents) for a single data value. Some of the processes (agents) may fail or be unreliable in other ways, so consensus protocols must be fault tolerant or resilient. The processes must somehow put forth their candidate values, communicate with one another, and agree on a single consensus value.

ROADMAP

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For more information about the Quras Project, please visit the site below:

 

Name : Donny arrr

Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=2330472


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