$ 0.0001587
1 min ago
(6.71%)
CyberVein's big-data solution is based on the PISR (private, interlink, secure, robust) distributed database, database operations are stored on CyberVein blockchain network which runs on a Proof-of-Contribution (PoC) consensus mechanism. The solution is focusing on enterprise-level "blockchain + big-data" customized services.
CVT is the native utility token that is used for:
Storage payment: The data owner pays the corresponding storage fee based on the file size and bandwidth consumed in such a process.
Computing power payment: Payments from user to owner for usage, and remuneration for software developers is going to be exclusively conducted in CVT.
Data exchange: On CyberVein's federated learning platform, the data acquirer trades the data at a price contracted between the two parties for distributed modeling applications.
CROSS NFT issuance payment: Dapp businesses are obligated to pay for Storage and Data Exchange in light of network resources occupied, and may set up CyberVein token as a means of payment to issue NFT or conduct business in accordance to their desired business model.
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