Introduction Online.io

Ethereum Based
Our solution uses standard ERC20 tokens from the Ethereum platform which guarantees full transparency and accountability, meaning all transactions will be visible on the public BlockChain.

No Ads
At this moment, the web users are paying to browse the internet, either through subscriptions or through less transparent fees, such as digital advertising. In our envisaged environment the web users will enjoy an ad free Internet, while the web operators will still benefit from financial rewards.

No Tracking
In today's interconnected society, companies adopted less transparent practices of online tracking and behavioral profiling. Very sensitive information, such as financial and health records are often collected, thus raising a myriad of privacy concerns. Our solution incorporates a tracking script blocker that will severely disrupt the ability to continue tracking in real-time the user's activity

Antivirus Protection
The massive expansion of the Internet and the high degree of connectivity lead to a similar or even more dramatic rise in cyber-attacks aiming at gathering sensitive and confidential information. One of the most prominent way of carrying a cyber-attack is through the infected websites that usually contain hidden malware scripts. Our solution will protect the end users using a custom anti-malware and ad blocking script that will safeguard their personal data and enhance their security.

Faster Browsing
People are aware that online ads are slowing down their browsing speed, hence an increasing number of users are using ad blockers to navigate the internet faster. Through our solution, end users will benefit from the effects as using an ad blocker, while also enjoying a more secure and private experience due to the other features. Furthermore, the web operators will still be able to monetize their websites' content.

Browser extensions
Our solution comes with extensions for all the major desktop and mobile browsers and includes the ad blocker, tracking script blocker, anti malware and the web wallet. On top, we will integrate a voting system through which will help curate the internet.

Mobile application online.io
Our mobile applications will function as a wallet, ad blocker, tracking script blocker and anti malware. The mobile apps will also contain a performance and battery time enhancer that will further improve the browsing experience.

Wallets online.io
Our wallets will work on all major operating systems and browsers. Mobile phones and tablets will have one app for wallet, ad blocker, tracking script, anti malware and desktop operating system will also have dedicated app wallets.

Marketplace
Our website will have a full section dedicated to finding all the places where you can buy using a in-house developed merchant system. Also, the marketplace will contain detailed information regarding how other merchants can integrate our merchant system. Information regarding international group of partners will also be available.

Merchants
Merchants will be able to accept crypto payments through our system by using our API or premade modules for most popular ecommerce software solutions like shopify, prestashop, opencart, magento and others.

Context & Objectives online.io

When people hear about “Blockchain”, they think about Bitcoin, the world’s first cryptocurrency, which aims at changing the global economy. However, Blockchain, Bitcoin’s underlying technology is poised to disrupt other sectors as well. Starting last year there was a huge hype around the Blockchain technology stack and especially Ethereum-based start-ups developed to impact more common areas of our day-to-day routine and not only the banking and financial sectors (where paying intermediaries fees are no longer required). Blockchain technology started to be used for activities such as grocery shopping, online marketplace, paying for your dream house, car, holiday, etc.

The advertising industry is yet another sector that is going to be reshaped by the Blockchain technologies, which accordingly to market experts could be the most groundbreaking change within the industry since the emergence of smartphones and social media.

Considering that over 40% of world’s population has Internet access, the advertising business enjoys a large source of data, and in recent years, their focus has been on big data. However, evolving capabilities and changing regulatory prospects will affect how advertisers connect and engage customers in the near future.

Recent studies regarding users experience with digital ads revealed that more and more consumers seem consistently unhappy with digital advertising for three main reasons: security, privacy and fighting annoyance from intrusive ad formats.

Online.io is implementing a decentralized ecosystem which combines all necessary features for a faster, safer, and more private Internet browsing. Moreover, through the Online.io platform developed by using the most advanced Blockchain technology, both internet end users and website operators will benefit alike.

Enhanced Online experience for Internet users. Bypassing digital advertisements means faster webpage loading time and a more enjoyable browsing experience due to removal of disturbing ad formats. According to a 2016 survey, 91% of consumers appreciated that digital ads were more intrusive than two years ago, while 81% of them stated that they have closed a browser or exited a webpage because of pop-up ads.

Also, Online.io offers an enhanced protection of consumer data first off due to added security of Blockchain technology which will eliminate demographic and behavioral profiling from being collected and used without prior consent. As internet users are able to rate each website according to their experience, this will lead to the creation of a ranking of trust-worthy websites.

Blockchain current and future evolution

Each distributed system needs a consensus algorithm to validate transactions. Over the last few years the Proof-of-Work algorithm has dominated, not to say was the only one used. As the cryptocurrency ecosystem evolves — the race to create a better consensus algorithm began.

The current year can become the year of competition between different mining algorithms / strategies. The following strategies are currently most widely known:

Proof-of-work (PoW) - (Reference #2). Coins are distributed based on the work performed by the user to demonstrate his input on processing transactions and doing work for the whole infrastructure. This is the group of algorithms that provides slow calculation of some result and fast verification of this result. This helps to ensure that miners have to perform some complex computations on their hardware to find a block, but Blockchain network users that confirm this block don’t need to perform such computations and can easily check that result is correct using low resources.

Proof-of-stake (PoS) – (Reference #3). Coins are distributed based on the user’s previous investments. The more investments a user has the more coins he will receive.

Proof-of-elapsed time (PoET) - (Reference #4) is a relatively new concept. Coins are distributed based on the proof that the user was doing some specific action for a rather long period of real time. Proof of time algorithm was invented by Intel and it is mainly associated with their hardware platform that provides very fast consensus model. It generates random numbers (wait time) on miner’s nodes and then chooses the node with the lowest number. So, it works like a lottery but with more complex algorithm designed to provide more optimizations. Intel promises that this algorithm cannot be broken by external actions and provides honest consensus model. This makes PoET perfect for private Blockchain when you need performant distributed storage and don’t want to force your hardware to make complex computations. The only minus is the restriction on Intel’s platform (Sawtooth Lake).

The proof-of-elapsed time has not become popular and well adopted yet. But in the near future it may be intensively developed. Future adoptions may not be the exact algorithm designed by Intel, but rather some variations of the concept.

Information ICO Online.io

Token OIO

Price 1 OIO = 0.04 USD

Bonus Available

Platform Ethereum

Accepting ETH, BTC, LTC

Soft cap 5,000,000 USD

Hard cap 50,000,000 USD

Country Romania

Whitelist/KYC KYC

Restricted areas USA, China, Singapore, North Korea