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Instar is the native token of Insights Network. In exchange for Instar tokens, users can purchase premium datasets. Users who migrate data to the network will be rewarded with ecosystem tokens.
Instar coin is the abbreviation of the Insights Network project token. The Insights Network architecture is divided into three parts: the collector, the analysis server, and the management console. The collector is used to set up in the data center. The switch in the data center mirrors the traffic of the key server and then connects to the collection device. The collection device parses each protocol and 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, it is stored in the performance database, and provides historical trend graphs, reports, dashboards, etc. in the form of Web pages.
Insights Network hopes to establish a blockchain-based data transaction platform for users, which can be used to reshape the way consumers interact with brands. Brands can no longer buy consumer data from large online companies, but instead send questionnaires directly to consumers to purchase data. Similarly, consumers can also choose whether to sell their data to brands to improve their ability to control their data.
Insights Network is mainly built on EOS technology, which can process thousands of businesses in one second, and the speed is extremely fast, allowing users to have a good experience.
Insights Network is launching SMPC. SMPC allows smart contracts to verify sensitive data and facilitate payments without publishing or revealing their contents on the blockchain, which puts another lock on users' personal privacy.
Another advantage of the Insights Network is that the transaction time required for INSTAR tokens is minimal, almost instant, with zero fees for the sender and almost zero fees for the receiver. This type of micropayment through the Insights Network app is difficult to do with things like Bitcoin or Ethereum.
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