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Review on Internet of People by David Olayide

Revainrating 3 out of 5

The Internet of People Project

Internet of People IoP is an open source and decentralized technology that consists of various interconnected peer-to-peer networks which are responsible for hosting the profiles of people, their reputation and identity information. You can also refer to the project as an information space that provides a direct access channel to people, where people’s profiles are identified by a public key and. The project I can say, attempts to foster the relationship between people. IoP as a project facilitates a direct device-to-device communication and allows people-to-people and company-to-people communication. Each device can pair up with each other through the Internet and interact via IoP-connected applications. At once you can see how innovative this project is. To be able to run its operations efficiently, the Internet of People makes use of it’s native IoP token. IoP incorporates a native crypto-currency as an incentive and payment medium. The IoP token is traded in several digital currency exchanges. I am fascinated mostly by the communication processes and all the technology used to open this line of communication between people. IoP tokens have a maximum supply of 21million coins and you can head over to Finexbox to trade your coins as that is in fact, the highest trading market for the token.



Pros
  • The project facilitates the communication between devices in a direct msnner
  • Open source
  • IoP is the maybe token that fuels the network
Cons
  • Underdeveloped

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