Inery: Using Blockchain Technology To Offer Decentralized Cost-effective Databases
2022.04.12 15:21
Inery: Using Blockchain Technology To Offer Decentralized Cost-effective Databases
- Inery aims to have a secure and sustainable foundation for database management.
- The network’s blockchain enables businesses to manage data in a secure, efficient and cost-effective manner.
- Inery’s blockchain network makes it easy to deploy decentralized applications.
Data is one of the most valuable assets a company can possess in today’s business world. The ability to store and manage data efficiently is essential for any organization that wants to stay competitive. Not only is data critical to the survival of companies in the digital era, but is also increasingly vulnerable to attacks.
From medical records to voter registration lists or personal emails, the past few years have seen alarming increases in data breaches resulting in losses worth billions of dollars. The legacy systems of centralized database management solutions fail to provide a combination of the much-needed security, accessibility and data privacy.
Inery is a layer-0 blockchain that enables businesses to store, access, share and manage data in a secure, efficient and cost-effective manner. By leveraging the power of blockchain technology, Inery is making it possible for companies to store their most sensitive data with high levels of security.
With a decentralized blockchain-based database, Inery not only democratizes access to a company’s data but also removes various bottlenecks that inhibit a company’s efficiency.
What is Inery Blockchain?
Inery is the first-ever decentralized database management platform that is working to enable a decentralized, secure and environmentally sustainable foundation for database management. With an ecosystem that combines a database (IneryDB) and layer-0 solution, Inery is able to leverage blockchain’s decentralization, security and immutability to create a database management solution that leaves enterprises and individuals in full control of their data assets.
Inery is helping businesses leverage blockchain technology
For businesses seeking maximum security and performance of their applications, decentralized databases are the answer.
Blockchain-based databases greatly reduce the chances of hacking and data breaches or exposure to such risks considering that there is no single point of failure on a decentralized network.
Imagine a world where data breaches no longer exist and all your data is stored in a secure yet accessible, affordable and decentralized manner.
This is where Inery comes in.
Inery is a blockchain network designed with a contrarian approach to address all the issues of decentralized databases. Its ecosystem uses blockchain technology to provide companies with decentralized cost-effective databases that can be used by developers and enterprises seamlessly.
Inery is a first of its kind decentralized database management solution that uses a layer-0 blockchain solution to facilitate secure applications that meet enterprise needs. The Inery ecosystem is designed to keep track of the logic and security of data stored on Inery’s database. The high-performance capabilities of Inery’s platform and its unparalleled security allow Inery to support a wide variety of use-cases across multiple industries.
By combining distributed database properties with proprietary blockchain technology, Inery is able to facilitate asset issuance and management, document tracking, control and access, secure database management for financial institutions and asset trading for various businesses.
From governance, to finance and even healthcare, Inery can help users gain sovereignty over their data, enable easy verification of product authenticity while enabling data interoperability.
How Inery’s Decentralized Database Works
At its core, the main feature that Inery platform offers is easy and cost-effective management of databases using blockchain solution.
Inery achieves this using its high throughput and secure blockchain network that makes it easy to deploy decentralized applications. With the transaction throughput of over 5000 tps and block creation time of half-second, it offers unparalleled speed without compromising security.
This gives Inery’s database platform the capacity to provide an all-in-one solution to decentralized database management. With Inery’s database management platform, developers can integrate existing apps into its ecosystem, thus enabling a layer of security for their app’s crucial data. The same Inery database can cater to accounting and surveillance systems for various industries, even going as far as being applicable in the gaming and VR world.
Given that the database is built on the Inery blockchain, applications that need proper audit trails can build on it knowing that their data is safe, easily accessible and confidential.
Conclusion: The Future of Inery
Inery is a fast-growing decentralized database management platform that aims to provide businesses with access to high-performance yet secure, low cost and tamper-proof database management solution.
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