Importance of Blockchain in Cloud Service Market

Priscilla Chen
Crypto Bacon Club
Published in
2 min readJul 17, 2018

In a recent poll conducted by MegaX on — “Which blockchain project is going to disrupt the cloud services market?” Iagon (IAG) has emerged as the winner ! Here’s a short summary overviewing blockchain integration in the cloud service market.

Image from MegaX

Cloud Service Market

Today, data storage in the cloud service market is one of the most crucial backbone in any business or computing setting. Sourcing for a safe and efficient storage network and computational processing capabilities can be challenging in a market dominated by major players setting high pricing levels.

Blockchain Importance in today’s life

The importance of blockchain in today’s life is that it is decentralised and almost impossible to tamper with. Blockchain uses a database technology and a distributed ledger that maintains an ever growing list of data records. Data records are termed as blocks and each block of data needs to be validated within the network in order to add them to the existing distributed ledger.

Image from lagon

Iagon Winning edge for Business and individuals

Iagon offers a decentralised grid of storage and processing. Combining unused storage capacity in servers and personal computers and their processing power, a super data centre is formed that is capable of assisting your business operation.

  1. Cloud Data Services

A crash fault in a centralised data system is likely to wipe off the entire stored documents, often leading to termination of operations of companies, organisations or individuals. On the other hand, the decentralised data system distributes data across its network for processing and is unlikely to be wiped off entirely upon a crash.

2. Artificial Intelligence (AI)

Implementation of Artificial Intelligence processes involves the system to learn from past operation and assist in finding patterns and predict future behaviour. This act as a powerful tool in assisting data analytics.

As the winning cryptocurrency project under MegaX recent poll, Lagon (IAG) will be listed on the MegaXstore and will be achieving another utility status, as a payment method.

For more information:

Follow MegaX on —
Twitter: https://twitter.com/megaXcoin
Facebook: https://www.facebook.com/megaxcoin/
Telegram: https://t.me/Megaxcoin

Follow Iagon on —
Twitter: https://twitter.com/IagonOfficial
Facebook: https://www.facebook.com/IagonOfficial/
Telegram: https://t.me/Iagon_official

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