Introduction to Genius Token

Introduction

Blockchain technology and Big Data are part of the emerging technologies that are booming for the past years. Many companies now put them on top of their list of agendas. It is not surprising though because of its unending benefits in many applications. Both technologies are expected to greatly transform the way organizations and businesses are being managed in the coming years. These two are really working together to change a lot of things when it comes to inventions. When both technologies work together, they bring a large number of opportunities, which is obvious they are meant for each other.

Big data obviously have some existing challenges which Blockchain can easily solve without mincing words. Blockchain can ensure trust in the system by maintaining a decentralized ledger. Data recorded on blockchain can easily be tracked and verifiable. This verification processes ensures the data quality. Also, transparency is guaranteed, since all activities and transactions made on the Blockchain network is easily traceable.?

Another aspect in which Blockchain can assist Big Data is the aspect of Data sharing management, where records can be shared between different sectors without an exponential increase in risk factors that comes with a network of different data silos. Blockchain can also support Big Data by preventing malicious activities, since a single unit is unable to alter the network because it is distributed. For cybercriminals to access and hack data is highly impossible. Blockchain data can also ensure better predictive analysis. It can provide better and accurate analysis of future outcomes events such as customer lifetime value, customer preferences, dynamic prices as it relates to various businesses.?

In the past, sophisticated computer systems are sorely meant for bigger organizations that can afford and manage them. Billions of Data are consumed daily by users, which obviously need special method in which it can be more effective than before. Developers definitely needs better tools and method in which they can upgrade the performance of computer systems for processing data. For the past years, Blockchain technology has been creating several solutions to increasing transaction speed through cryptocurrency. But the solutions to upgrade the transaction speed and performance for processing data have failed to materialize for most advanced sectors. Fortunately, Genius Ventures is a company that Intends to provide new features for distributed general-purpose computing with a Crypto token payment gateway.?

What is Genius Ventures?

Genius?Ventures is a platform that seeks to implement a scalable, high-performance, secure and manageable infrastructure side chain that promotes a new form of distributed management, which includes key leaders in computing large data and cloud industries.?- Whitepaper

Genius Ventures will be making use of a Crypto token called “Genius token” based on Ethereum blockchain, which will help to facilitate the creation of a virtual cloud infrastructures that will create a high-performance computing system. Bigger applications that make use of Big Data require high-performance computing power to facilitate effective work, unfortunately, most small organizations lack funds and specialty to manage this technology. Additionally, the cost to maintain this high-performance computing power can be very expensive. Therefore, there is need to find a solution to these challenges faced by many companies making use of Big Data and Artificial Intelligence. Leveraging the power of decentralized cloud infrastructure managed by Blockchain technology, Genius Ventures will creates a better cost-effective, and high-performance computing power.?

Genius Tokens Blockchain

Compute Devices on mobile devices, computers, and IoT devices that are unused are utilized on an end-user device. The system automatically processed the Artificial Intelligence and Machine Learning data, rewarding end-user with Genius Cryptotokens, which can further be used to purchase In-App products and services. The system is easily incorporated into various computer, mobile games and applications.

How it Works?

Transaction – Making use of the Genius Ventures, end users can easily request for processing of data for Artificial Intelligence or Machine Learning. Payment is made into the account that converts the digital assets into Genius token. The conversation is processed in a secure and transparent web interface. The data is finally uploaded to be processed.?

Data Transfer – After the data is transferred to be processed, it is stored in an encrypted area in a distributed file system. Storage of this data is charged with fees when it is deposited.?

Artificial Intelligence Processing – Users that have games or apps that can process A.I. data are sent the transactions. The data are divided and distributed among the individual nodes for processing.?

Validate and Add – After the data is processed, it is verified by the node with an encryption verification. This data finally go back to user’s storage system or in the distributed files system.

Complete – After the data has been verified, transaction in Genius token is made via the Blockchain to the individual nodes that processed the data.?

Payments – After the process is complete, 70% of the token is divided among the noders, while the publisher of the app or games receive 20% and Genius Ventures gets the remaining 10%.

Features of Genius Ventures

Available on all devices – The Genius Ventures codes and SDK works easily on all devices – Windows, iOS, Android, Linux, Windows Mobile, OSX, XBOX, Playstation, Nintendo, and IoT Devices.?

Faster Transactions – The hybrid Cryptotoken system uses a fast internal Directed Acyclic Graph (DAG) based Blockchain that process transactions within seconds.

Availability – The system is always available 24/7 for processing.?

Customizable – Artificial Intelligence or Machine Learning algorithms can be chosen by users via the portal and data can easily be uploaded on secure servers.

Mobile-first – The development of the SDK will be first integrated into mobile devices.?

Genius Mobile App

The Genius Mobile App will be available to anyone with a smartphone, computer, IoT devices, and a good internet connection. The Genius wallet is not only a ERC20 wallet, but also an independent DApp in-built. The mobile app has the following features;

• Charts showing GPU Processing power
• Earnings in the App
• Transfer GNUS < - > SGNUS directly
• Transfer GNUS tokens to another wallet
• Low fees

Genius Token (GNUS) Details

Token Name – Genius Token

Ticker – GNUS

Network – Ethereum

Smart contract - https://etherscan.io/address/0x033524b1BA83CEABD8452C08dCAFe71966b9b3F6

Token Distribution

GNUS Token Sale

The Initial Coin Offering is currently live on the website. GNUS token can be purchased with Ethereum only. The sale will be available in 4 rounds. For more information about the sale, please visit here > https://www.gnus.ai/buy-genius-tokens/

Team?

Conclusion?

The Evolution of Blockchain has upgraded various sectors in the world, such as Big Data industry. Data are now being stored in a virtual cloud infrastructures without being able to be tampered with. It has really been a great development. Genius Ventures with the aid of its Cryptotoken has unique idea of changing the Big Data industry by improving the Computing power to make it easy for most organizations either small or big and users to process Data in a secured, transparent and decentralized ecosystem.?

Roadmap

For more details about the project, visit the links below;

Website - https://www.gnus.ai/

Twitter - https://twitter.com/VenturesGenius

Telegram - https://t.me/geniustokenschat

Facebook - https://www.facebook.com/geniusventures.io/

LinkedIn - https://www.dhirubhai.net/company/geniusventuresio

GitHub - https://github.com/geniusventures

Author - jerryco

POA - https://bitcointalk.org/index.php?topic=5355578.msg57929044#msg57929044