Inery || Decentralized Data System and Blockchain Solution || Layer 1 Blockchain

Inery Project Review. In this video, I’ll be talking about a project called Inery.

Inery is layer-1 blockchain designed to offer the solution of decentralized database management with the vision to enable a new paradigm for data. It lays the foundation for web3 by seamlessly connecting with systems, applications, and layer-1 networks.

🌐Inery Website: https://bit.ly/INERY_Website

📙 Inery Testnet: https://bit.ly/Inery_BLOG

#blockchain #decentralized #cryptoproject
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What is Inery?

Inery is a decentralized data system based on a proprietary level-1 blockchain.

Simply put, it is a way for Web3 and blockchain-based projects to be truly decentralized – by removing the need for centralized databases and related services while maintaining high security, low latency, high throughput, and ensuring complete owner control over data assets.

The Problem Inery is Solving

Nowadays, a lot of blockchain projects have no real-world application. Either no one has a problem for them to solve, or they’re inventing hot water and solving a problem that already has dozens of solutions available.

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Inery is solving a very real problem of data system decentralization, data management, security, and stability. With Inery Decentralized Data System, true Web 3 is just a node away.

The network aims to provide enterprises and users with a secure and transparent way of data management, as well as give them complete control over their data. Inery guarantees users privacy, security against breaches, and affordability in data storage or data sharing while optimizing performance. Being decentralized means that it protects users’ and business data from the single point of failure crisis that plagues the centralized infrastructures. This is achieved by managing user data via multiple servers across the network (MEM nodes).

It also prevents central organizations or a few individuals from manipulating users’ data for their own gains. Its features ensure that the data can only be accessed by the corresponding user with pre-defined authority. Hence, the users decide who can access their data and how they can use it and are compensated whenever their data is utilized. Besides boosting the accountability and authenticity of information, it also promotes cross-chain compatibility to enable different blockchains and metaverses to communicate and transfer data or assets seamlessly and without compromising security.

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