The Internet of Services (IOS) is an Ethereum-based platform that provides its users with a way to exchange online services and digital goods. IOST or IOStoken is a fast, decentralized network that utilizes blockchain, based on the “Proof of Believability” (PoB) consensus algorithm. The IOS token also implements such features as the Byzantine Fault Tolerance mechanism, microstate blocks, Atomic Commit protocol and a dynamic sharding protocol (Efficient Distributed Sharding), all of which ensure transactions are safeguarded, consistent and lightning fast while reducing storage, configuration costs, and processing power for users. Developers can use the IOST network to deploy large scale dApps with no fear of bandwidth bots not being large enough. IOS token is an ERC20 token that serves as a medium of exchange on the IOS platform.

Check out the latest IOST price and market capitalization on Coin360. Find the IOST price graphs, latest news and much more on Coin360.com.

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