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Instar is the native token of Insights Network. To exchange Instar tokens, users can purchase advanced data sets. Users who migrate data to the network will receive ecosystem token rewards.
instar coins are the abbreviation of the Insights Network project token. The Insights Network architecture is divided into three parts: collector, analysis server, and management console. The collector is used to be set up in a data center. The switches in the data center mirror the traffic of the key server and then connect it to the acquisition device. After analyzing each protocol, the acquisition device sends the protocol and its statistical results to the analysis server. The analysis server calculates the statistical data of each dimension, as well as the business baseline, stores it in the performance database, and provides historical trend charts, reports, dashboards, etc. displays in the form of a web page.
Insights Network hopes to build a blockchain-based data trading platform for users to reshape the way consumers and brands interact. Brands can no longer buy consumer data from large online companies, but instead send questionnaire purchase data directly to consumers. Similarly, consumers can also choose whether to sell their data to brands to improve their control over their data.
Insights Network is mainly based on EOS technology and can handle thousands of businesses in one second. It is extremely fast and can give users a good user experience.
Insights Network is launching SMPC. SMPC allows smart contracts to verify sensitive data and facilitate payments without publishing or leaking its content on the blockchain, which will put another lock on the user's personal privacy.
Insights Network also has an advantage, that is, the INSTAR token requires very little transaction time, which can be said to be instant, with the sender's fee being zero, and the receiver's fee being almost zero. This micro-payment through the Insights Network app is difficult to do with bitcoin or Ethereum.
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