Topic: [ANN] Ties.DB FIRST DECENTRALIZED PUBLIC SMART DATABASE - page 98. (Read 39338 times)
is there any plan to be on trading exchanges platform ?
Interesting project! How much is your cap?
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Dmitry Kochin, CTO and founder of Ties.Network, talks about the problems of finding qualified professionals and the data storage problem in the blockchain projects. The solution of this problems is Ties.Network and Ties.DB - the first decentralized database.
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YOUTUBE LINK
Dmitry Kochin, CTO and founder of Ties.Network, talks about the problems of finding qualified professionals and the data storage problem in the blockchain projects. The solution of this problems is Ties.Network and Ties.DB - the first decentralized database.
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YOUTUBE LINK
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One Database to Rule Them All
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Introduction
In recent years many projects have been initiated with the intent of offering complete decentralized applications. The best example of a decentralized application is the blockchain with its distributed ledger and the ability to perform transactions without the need of a central authority.
However, even considering the complexity of managing transactions in a decentralized way, the blockchain and the cryptocurrencies remain a very specific kind of application, with very simple requirements regarding the storage of transaction-related data.
With the introduction of smart contracts, blockchain projects have introduced new functionalities, without really introducing additional complexity and volume regarding structured data.
The challenge
The expectation of creating completely decentralized applications changes abruptly the situation.
A team that wants to develop a decentralized application has the choice of using current blockchain technologies for managing monetization or maybe user identity but must rely on centralized backend solutions to store the “real” application data.
With real “application data” it is meant the terabytes or petabytes of information, typically organized in table and documents, which make the application work.
The most common backend solutions are based on several database technologies like:
* Relational database management systems
* NoSQL (key/value) databases
* Document oriented databases
There are several competitors in the structured data storage world, most of them can master the management of petabytes or even exabytes of data.
However, none of them is decentralized. All of the existing solutions can be corrupted or even shut down by a government, a central authority or a malicious organization.
Does it make sense to build an application where only the monetization and smart contract part is decentralized if the application data itself is centralized?
The obvious answer is: no!
The solution
Ties.DB is the solution to this kind of problems. Ties.DB is the first distributed and decentralized database management system.
The Ties.DB public database instance consists of a network of nodes of different size that contributes to the storage and management of database tables. Everybody running a node will be able to insert, manipulate and query structured data in the Ties.DB public instance. This will be as easy as it is to enter data in common relational or NoSQL database management systems, with the advantage of not needing to care about redundancy, backup or high availability.
Data is stored in Ties.DB in an inherently redundant way. Data owners will not need to take care of backups and high availability like with on premise solutions and will not have to worry about a central authority, ownership of data itself or eventual access by government organizations like secret services like when hosting own data on cloud platforms. In addition to that, Ties.DB is censorship resistant, as data is encrypted using private keys controlled by the data owner.
A revolution in the way data is exchanged
Despite the huge advantages in security and privacy, Ties.DB offers indeed an extremely straight forward way of sharing data with other users or organizations.
As there is only a huge public instance of Ties.DB, all users and organizations are managing their data in the same database. Unencrypted data belonging to an organization is readable by any other user in the database network, but users and organizations can encrypt their valuable data. To make their own valuable data available to other organizations using Ties.DB, it is sufficient to give it the ability to decrypt the data, and the partner organizations need only to run a query on the granted data.
As a possible use case, imagine a company MyIM that offers a decentralized instant messaging and payment service and an E-Commerce company MyBazaar that sells items online using a decentralized e-commerce application. Both companies use Ties.DB as a backend for their applications. If MyBazaar wants to offer MyIM as a payment service to its customers, it just needs to buy the ability to decrypt the required data from MyIM.
Once the trade is completed, MyBazaar will access needed database objects without the need of complex data exchange procedures like using FTP servers or complicated ETL processes.
The same procedure could be used by insurance companies to access weather or traffic information from external services, or any company that wants to outsource its data science tasks to trusted specialized consulting companies.
For example, a company closes a deal with an analytics consultancy for some analysis on its data. Both the committer and the consultancy owns Ties.DB nodes. The company could just grant access to own raw data stored in Ties.DB to the analytics consultancy. The consultancy would elaborate complex analysis, store the results on Ties.DB and grant access to them to its customer.
Many examples like these are possible with Ties.DB.
A new economy of structured data
The economy of Ties.DB will be based on a system of rewards for users and organizations that hosts the nodes in the distributed database network. Organizations that simply want to store or query data without running a node will need to pay the network for the service. The currency used to buy and sell Ties.DB services is the TIE tokens.
However, another usage of the TIE token is the ability to stipulate trade deals over data usage through the Ties.Network.
Ties.Network is a professional social network for managing business transactions between organizations and IT professionals. Business transactions can concern work performed in a project or a team but also data usage in Ties.DB.
In the above examples concerning the right to access data owned by the different parties of the business deals, Ties.Network would act as the settlement platform for such deals.
In this way, a completely new economy would arise around structured data stored in Ties.DB.
In recent years many projects have been initiated with the intent of offering complete decentralized applications. The best example of a decentralized application is the blockchain with its distributed ledger and the ability to perform transactions without the need of a central authority.
However, even considering the complexity of managing transactions in a decentralized way, the blockchain and the cryptocurrencies remain a very specific kind of application, with very simple requirements regarding the storage of transaction-related data.
With the introduction of smart contracts, blockchain projects have introduced new functionalities, without really introducing additional complexity and volume regarding structured data.
The challenge
The expectation of creating completely decentralized applications changes abruptly the situation.
A team that wants to develop a decentralized application has the choice of using current blockchain technologies for managing monetization or maybe user identity but must rely on centralized backend solutions to store the “real” application data.
With real “application data” it is meant the terabytes or petabytes of information, typically organized in table and documents, which make the application work.
The most common backend solutions are based on several database technologies like:
* Relational database management systems
* NoSQL (key/value) databases
* Document oriented databases
There are several competitors in the structured data storage world, most of them can master the management of petabytes or even exabytes of data.
However, none of them is decentralized. All of the existing solutions can be corrupted or even shut down by a government, a central authority or a malicious organization.
Does it make sense to build an application where only the monetization and smart contract part is decentralized if the application data itself is centralized?
The obvious answer is: no!
The solution
Ties.DB is the solution to this kind of problems. Ties.DB is the first distributed and decentralized database management system.
The Ties.DB public database instance consists of a network of nodes of different size that contributes to the storage and management of database tables. Everybody running a node will be able to insert, manipulate and query structured data in the Ties.DB public instance. This will be as easy as it is to enter data in common relational or NoSQL database management systems, with the advantage of not needing to care about redundancy, backup or high availability.
Data is stored in Ties.DB in an inherently redundant way. Data owners will not need to take care of backups and high availability like with on premise solutions and will not have to worry about a central authority, ownership of data itself or eventual access by government organizations like secret services like when hosting own data on cloud platforms. In addition to that, Ties.DB is censorship resistant, as data is encrypted using private keys controlled by the data owner.
A revolution in the way data is exchanged
Despite the huge advantages in security and privacy, Ties.DB offers indeed an extremely straight forward way of sharing data with other users or organizations.
As there is only a huge public instance of Ties.DB, all users and organizations are managing their data in the same database. Unencrypted data belonging to an organization is readable by any other user in the database network, but users and organizations can encrypt their valuable data. To make their own valuable data available to other organizations using Ties.DB, it is sufficient to give it the ability to decrypt the data, and the partner organizations need only to run a query on the granted data.
As a possible use case, imagine a company MyIM that offers a decentralized instant messaging and payment service and an E-Commerce company MyBazaar that sells items online using a decentralized e-commerce application. Both companies use Ties.DB as a backend for their applications. If MyBazaar wants to offer MyIM as a payment service to its customers, it just needs to buy the ability to decrypt the required data from MyIM.
Once the trade is completed, MyBazaar will access needed database objects without the need of complex data exchange procedures like using FTP servers or complicated ETL processes.
The same procedure could be used by insurance companies to access weather or traffic information from external services, or any company that wants to outsource its data science tasks to trusted specialized consulting companies.
For example, a company closes a deal with an analytics consultancy for some analysis on its data. Both the committer and the consultancy owns Ties.DB nodes. The company could just grant access to own raw data stored in Ties.DB to the analytics consultancy. The consultancy would elaborate complex analysis, store the results on Ties.DB and grant access to them to its customer.
Many examples like these are possible with Ties.DB.
A new economy of structured data
The economy of Ties.DB will be based on a system of rewards for users and organizations that hosts the nodes in the distributed database network. Organizations that simply want to store or query data without running a node will need to pay the network for the service. The currency used to buy and sell Ties.DB services is the TIE tokens.
However, another usage of the TIE token is the ability to stipulate trade deals over data usage through the Ties.Network.
Ties.Network is a professional social network for managing business transactions between organizations and IT professionals. Business transactions can concern work performed in a project or a team but also data usage in Ties.DB.
In the above examples concerning the right to access data owned by the different parties of the business deals, Ties.Network would act as the settlement platform for such deals.
In this way, a completely new economy would arise around structured data stored in Ties.DB.
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Ties.Network is the business platform for finding,
collaborating and transacting with professionals.
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Watch the video to get the idea.
YOUTUBE LINK
Ties.Network is the business platform for finding,
collaborating and transacting with professionals.
_______________________________________________________________
Watch the video to get the idea.
YOUTUBE LINK
Glad to hear it! How project going?
Greetings!
We are working on the Ties.Network project and already have prototypes. Now we prepare for the Token Generation Event. Its our token-sale, which starts on September 21.
Best regards,
Ties community
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Alexander Neymark talks about the fundamental problem
of the blockchain market's development
_______________________________________________________________
YOUTUBE LINK
Alexander Neymark talks about the fundamental problem
of the blockchain market's development
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Alexander Neymark, CEO and founder of Ties.Network, talks about the fundamental problem of the blockchain market's development and how Ties.Network is aiming to solve it. Watch a short interview with him:
YOUTUBE LINK
_______________________________________________________________
Alexander Neymark talks about the fundamental problem
of the blockchain market's development
_______________________________________________________________
YOUTUBE LINK
Alexander Neymark talks about the fundamental problem
of the blockchain market's development
_______________________________________________________________
Alexander Neymark, CEO and founder of Ties.Network, talks about the fundamental problem of the blockchain market's development and how Ties.Network is aiming to solve it. Watch a short interview with him:
YOUTUBE LINK
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Ties.Network is against fake reputation.
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Ties.Network is against fake reputation.
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The blockchain-based social network is quite a senseless solution for storing personal data due to the system’s persistence. Ties.Network solves this issue with Ties.DB - personal information will be never stored in blockchain. But all transactions and business history will be stored forever, so there is no way to fake anybody's reputation.
Discuss the project: t.me/tiesnetwork
Glad to hear it! How project going?
_______________________________________________________________
Ties.Network is against fake reputation.
_______________________________________________________________
Ties.Network is against fake reputation.
_______________________________________________________________
The blockchain-based social network is quite a senseless solution for storing personal data due to the system’s persistence. Ties.Network solves this issue with Ties.DB - personal information will be never stored in blockchain. But all transactions and business history will be stored forever, so there is no way to fake anybody's reputation.
Discuss the project: t.me/tiesnetwork
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Ties.Network has announced its official partner in Korea — KRtoken.com.
And we are happy to welcome our supporting community in Korea.
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Follow us on KakaoTalk and stay tuned!
LINK
Ties.Network has announced its official partner in Korea — KRtoken.com.
And we are happy to welcome our supporting community in Korea.
_______________________________________________________________
Follow us on KakaoTalk and stay tuned!
LINK
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Are you ready?
Only 3 weeks left until the token-sale begins here: Token Generation Event
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Are you ready?
Only 3 weeks left until the token-sale begins here: Token Generation Event
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Ties.Network HOME
Community Resources:
Telegram
BLOG
Docs:
Ties.Network White Paper
Ties.Network Business Overview
TiesDB: The Short guide
This one is interesting, by using this social media like system we could gain some money that we could really used it in real transaction.
Having this kind of service will make everyone get interested in the project.
Greetings!Having this kind of service will make everyone get interested in the project.
We won't sum you.
You can subscribe to our updates on the main page https://ties.network/
Best regards,
Ties community
This one is interesting, by using this social media like system we could gain some money that we could really used it in real transaction.
Having this kind of service will make everyone get interested in the project.
Having this kind of service will make everyone get interested in the project.
Is there any presale ?
Greetings!
We dont use pre-sale. Stay tuned for updates! You can subscribe to our news on our main page: https://ties.network/
We also invite you to our telegram channel: JOIN
Best regards,
Ties community
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TIES.network prototypes
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We are working on the Ties.Network project and already have prototypes.
Ties.Network founder and CTO, Dmitry Kochin has made screenshots of the front-end prototypes, and we want to share them with you to show our vision for the Ties.Network web interface.
_______________________________________________________________Ties.Network founder and CTO, Dmitry Kochin has made screenshots of the front-end prototypes, and we want to share them with you to show our vision for the Ties.Network web interface.
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Is there any presale ?
A decentralized social platform where business professionals can connect and attack business transactions through smart contracts in no time
A very interesting concept I will support this project by joining bounty good luck
hi let us know, in which stage your project is?
Greetings!
Now the Ties.Network team is preparing for the ICO. It will take place on 21st of September and we keep focusing.
Here you can find more details:
ICO details
WHITE PAPER
Business Overview
Best regards,
Ties community
This looks like a unique bounty program. I cant wait to see what the community comes up with.
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