The Instar Token
Instar is the native token of the Insights Network.
In exchange for Instar tokens, users can purchase advanced datasets.
Users migrating data into the network are rewarded with ecosystem tokens.
Built on EOS
Insights Network is launching the INSTAR Wallet on the new EOS blockchain. EOS supports thousands of transactions per second with Parallel Execution, Asynchronous Communication and Separates Authentication from Execution. Forking your apps blockchain is no longer necessary with EOS Freeze and Fix Broken Applications feature set and generalized role-based permissions.
Secure Multiparty Computation
Insights Network is launching the first blockchain implementation of SMPC. SMPC allows smart contracts to validate sensitive data and facilitate payment without publishing or revealing its contents on the blockchain. Proof of consent without revealing the data between the exchanging parties provides a GDPR compliant record for data purchasers.
The INSTAR token allows near instant transaction times that contain zero fees for sender and instead a near zero fee paid for by receiver. This enables micropayments across Insights Network applications that are not possible with tokens like Bitcoin or Ethereum.
The Insights Network Smart Contract connects Requesters with Providers to safely and securely trade data.
A protocol with many use cases for developers
The Insights Team
Insights Network Community Update: Requester Dashboard, INSTAR Wallet V1.1Read Article