【IOEX QA】 IOEX Blockchain?

Arctos
Arctos En
Published in
4 min readNov 27, 2019

[本篇中文版連結]

IOEX is a software services start-up and a blockchain project launched in 2018. In the following, we have prepared IOEX highlight for everyone. Don’t know what is blockchain or cryptocurrency? Please refer to the attached video for the clear explanation.

Tips: cryptocurrency

Have you heard of cryptocurrency? Here is a simple explanation for you: cryptocurrency is a currency system developed based on blockchain technology. Blockchain is a technology known for security, privacy, and decentralization.

IOEX Blockchain

To make the IOEX network run independently, IOEX has its own blockchain system. Blockchain is also called a decentralized distributed system. Given the blockchain-based, all the transaction records are displayed in IOEX’s blockchain browser, which allows users to view at any time. The IOEX blockchain is divided into a POW chain and a DPOS chain, a dual-chain system, POW is the data that everyone can query on the IOEX blockchain browser; DPOS is the IOEX’s smart contract.

The IOEX DPOS smart contract specifically records the usage of all IOEX users in the IOEX network, such as the size of the cloud storage space shared by the user and the amount of the shared transmission bandwidth. Based on the technical limitations of blockchain smart contracts, it can only record texts, so users could be reassured that blockchain smart contracts cannot record the contents of files transmitted. Via the DPOS smart contract, IOEX team could check the sharing contribution of any specific user in the IOEX network, and will then distribute the corresponding IOEX cryptocurrency to reward the shared user.

IOEX Wallet

IOEX has its own independent blockchain system, and also its own independent blockchain wallet”X-Wallet”. The X-Walket is one of the features in the IOEXpress APP. X-Wallet is dedicated to IOEX cryptocurrency only, all the other cryptocurrencies are not supported. Like the physical wallet, X-Wallet conducts an only withdrawal and receives. That is why it’s easy to use!

To learn about the X-Wallet, please click on the article.

Sign in or sign up for a free web X-wallet.

IOEX’s Economic Cycle

To put IOEX cryptocurrency into circulation, IOEX also provides services to the enterprise clients. When corporate clients use IOEX blockchain products, the IOEX team will also distribute the corresponding IOEX cryptocurrency to the clients. Let’s have a look at the picture below to understand the economic cycle of IOEX!

・For more information please visit our official website for more details: https://www.ioex.vip and join us in the following Telegram to contact us : )
・Recently there is unscrupulous person impersonating IOEX staff by sending email to others with a fake email address, requesting receivers to remit money. We hereby declare that IOEX staff will never send a direct message to request remittance. Please contact IOEX administrator in Telegram (CN, EN) if you have any questions or concerns.
・The domain name of our official accounts is “____@ioex.co”. Any account sending emails without the following content “Emails sent by “____@ioex.co” will never request receivers to remit money.” shall be considered as a fake account. Please contact the IOEX administrator in Telegram if you have any questions or concerns.
・ Thank you for taking the time to read our weekly report, your support is highly appreciated. Please follow us on the following media communities of IOEX for the latest information:|Facebook|Twitter(EN)(JP)||Telegram(CN)(EN)(JP)(KR)|Medium(CN)(EN)|

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Arctos
Arctos En

Arctos is a distribution network ecosystem that aims to free the internet to the world.