TOKENS
IOS Live Chat February 20th/21st

2018-02-20 21:24:45
by Saffron Weale
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IOS Live Chat February 20th/21st

IOS Co-Founder and CEO, Jimmy Zhong announced on social media that he will be going live on YouTube and Twitter at noon in Singapore on February 21st (GMT +8). For American IOS enthusiasts this will mean an 8pm start on the west coast, 11pm on the east; but for Europeans it might mean staying up late or getting up very early for the show.

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The Internet of Services Foundation is based in Singapore, although its team is widely dispersed across America, China and Singapore. Most of the team graduated as computer scientists at America\'s top universities and have a proven track record of achievement. The IOS token (IOST) is based on a revolutionary algorithm and innovative EDS (Efficient Distributed Sharding) technology, which deviates from the PoW and PoS protocols implemented on other blockchains. The IOS Proof-of-Believability protocol is a mechanism designed to eliminate the high energy demands that go with Proof-of-Work, and builds on Proof-of-Stake to calculate a node\'s believability, based on its stake, contribution and behaviour.

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Zhong will provide an update of IOS activity during the past month. This will include how the network infrastructure is progressing which will support the proposed service-orientated IOS ecosystem. The EDS tech and PoB protocols should enable not only secure digital trading, but adoption on a large scale.

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