What is IOST?
IOST (IOST) is a decentralized platform which, with the help of blockchain technology, wants to offer a network infrastructure for service providers active in the Internet of Services (IoS) industry. The Internet of Service industry is a follow-up to the Internet of Things (IoT). With the Internet of Things, equipment is connected to each other so that these devices can share data with each other. This can, for example, lead to your coffee maker turning on automatically if your alarm goes off. With the Internet of Services, the data from all devices used for the Internet of Things is analyzed so that the service can be further optimized. The IOST blockchain should be suitable for storing this data. In addition, IOST has developed various tools with which the stored data can be easily analyzed.