Inery — a decentralized database management solution, based on blockchain technology.
How does INERY work?
Inery - a database that uses blockchain features such as immutability, decentralization and security to manage databases. Developers can easily integrate their traditional stack into the Inery database with high throughput and unparalleled security. Its decentralized database management and blockchain solution enables the Inery ecosystem to support a wide range of use cases across industries.
Inery solves the real problem of data system decentralization, data management, security and stability. Thanks to the decentralized data transmission system, Inery true Web 3 is only a few nodes away. The network aims to provide businesses and users with a secure and transparent way to manage data, as well as give them complete control over their data. Inery guarantees user privacy, hack protection and availability of data storage or data exchange while optimizing performance.
Users decide who can access their data and how they can use it, and are compensated whenever their data is used. In addition to increasing accountability and trustworthiness of information, it also promotes cross-chain interoperability, allowing different blockchains and metaverses to seamlessly exchange and transfer data or assets without compromising security.
$ INR token
Inery's native utility token is $INR and its value comes from its practical use in the ecosystem.
It provides security and power to a distributed data system that serves the following purposes:
| Validators | $INR tokens help to secure the blockchain through staking. It also provides proof verification, transaction relaying, and block validation and completion. |
| Staking | token holders can stake their INR to become a node in the system and earn from verifying transactions and creating blocks. |
| Storage | INR tokens act as the unit of exchange for accessing IneryDB, a decentralized data system. |
| Access | tokens are vital for interacting with Inery products and services and spurring action in the ecosystem. |
Developers can take advantage of the high performance and scalability of the exchange to build and run dApps metaverse on top of their blockchain solution. Inery lays the foundation for Web3 by connecting applications, systems and blockchains. Its database management solution enables enterprises and developers to securely store, manage, access and provide data in a distributed infrastructure.