€ 0.0003129
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CyberVein's big-data solution is based on the PISR (private, interlink, secure, robust) distributed database, database operations are stored on CyberVein blockchain network which runs on a Proof-of-Contribution (PoC) consensus mechanism. The solution is focusing on enterprise-level "blockchain + big-data" customized services.
CVT is the native utility token that is used for:
Storage payment: The data owner pays the corresponding storage fee based on the file size and bandwidth consumed in such a process.
Computing power payment: Payments from user to owner for usage, and remuneration for software developers is going to be exclusively conducted in CVT.
Data exchange: On CyberVein's federated learning platform, the data acquirer trades the data at a price contracted between the two parties for distributed modeling applications.
CROSS NFT issuance payment: Dapp businesses are obligated to pay for Storage and Data Exchange in light of network resources occupied, and may set up CyberVein token as a means of payment to issue NFT or conduct business in accordance to their desired business model.
Try our free CyberVein (CVT) portfolio tracker if you want to efficiently keep track of your CVT and other coin/token investments.