Zoned Architecture
iov42's zoned architecture influences platform performance, security, and governance.
- The iov42 global platform is based on the formation of local, permissioned DLT networks called zones
iov42 zone: a single DLT network made up of a limited number of data center nodes.
Zone characteristics:
- Every node in the zone participates in consensus and has a copy of the immutable history of all of the zone’s activity - the ledger
- All data, including transactions, remain within the zone
Forming a zone:
An iov42 zone can be created based on factors such as geographical location, industry, or regulatory requirements. In most cases, geography will also be a determining factor.
→ Example(s):
- A group of petroleum suppliers form a zone to allow their customers to trade fuel and carbon certificates within a certain region.
- Telecommunications companies or internet service providers (ISPs) form a zone to offer the iov42 platform as a service for their customers to develop DLT solutions
Advantages of the zone model:
- A rapid consensus process and a higher number of transactions per second
- Little incentive for zone participants to undermine the zone’s integrity
- Governance is built into each zone through legal agreements made between the node operators
The zones are designed to eventually be able to connect with one another and form a global network of networks that could truly meet demands of scalability, interoperability, and regulatory compliance.
Last modified 1yr ago