Skip to content

icegiant-project/icegiant-whitepaper

Folders and files

NameName
Last commit message
Last commit date

Latest commit

 

History

7 Commits
 
 

Repository files navigation

image

IceGiant: Database DeFi Protocol

Introduction

With the rapid development of the digital economy, data has become one of the most important assets, and the demand for data management and transactions is also increasing. At the same time, DeFi technology, as an important branch of blockchain technology, provides more efficient, secure and sustainable solutions for the management and trading of digital assets. Therefore, IceGiant came into being, combining the needs of DeFi technology and database management, aiming to provide users with digital asset-based data management and transaction services, so that data has more value and possibilities.

The purpose of the IceGiant DeFi database is to realize data management and transactions of digital assets, so that data has more value and possibilities. By combining DeFi technology and NFT technology, IceGiant transforms data into digital assets for transaction and management, provides efficient, safe and sustainable data solutions, and provides more data application scenarios such as data market, data governance, data storage and data analysis. Comprehensive, efficient and safe services. At the same time, data assetization is becoming more and more important in the digital economy for the following reasons:

  1. Data is the core asset of the digital economy. Data capitalization can make data the real wealth of the digital economy and create more value for enterprises and individuals.
  2. The demand in the digital asset trading market continues to increase, and the transaction and management of digital assets requires more efficient, secure and sustainable solutions. The development of DeFi technology provides better options for the transaction and management of digital assets.
  3. Data assetization can improve the circulation and availability of data, make data more flexible and convenient to apply to different scenarios, and provide more possibilities for the development of the digital economy.
  4. With the continuous improvement of the degree of digitization, the demand for data management and transactions is also increasing, and data assetization provides more possibilities and opportunities for the development of the digital economy.

Therefore, data assetization is becoming more and more important in the digital economy, and the IceGiant DeFi database was born to realize data management and transactions of digital assets, providing more efficient, secure and reliable data management and digital asset transactions Continuous solutions to help maximize the value of data.

Motivation

For the web3 field, there is currently no way to write a complete client application as easily as in web2, and make it completely decentralized. In web2, you start a database on AWS and let your client application call the database for reading and writing. But there is nothing like it in web3. You can't just write data to Ethereum, which is too expensive for most users. Storage protocols such as Filecoin and Arweave are mainly used to archive data, but they do not provide enterprise-level performance guarantee for writing and reading data.

Another flaw of the Web2 database is that users cannot convert their own data into digital assets for transaction and management. This means that users cannot obtain economic value from their own data, nor can they obtain benefits through data transactions. This limits the utilization and value realization of users' own data.

Here, we introduce IceGiant, which is a scalable web3 DeFi database, which uses RESP and SQL protocols to support dApps fast access and use of decentralized databases.IceGiant integrates NFT and DeFi technologies, and users' database data can be converted into digital assets, providing more possibilities for data management and transactions. This fusion can combine database and digital asset management to provide a more complete solution for data management and data asset transactions. Through the empowerment of data application access protocol, NFT and DeFi technology, IceGiant can provide users with more efficient, secure and sustainable data management and transaction services, and provide more possibilities for the realization and utilization of data value.

The key to mass adoption of web3 technology is that it can provide end users with the user experience they have grown accustomed to in web2. The loading time of a web page directly affects the conversion rate of your business. Walmart found that for every second of reduction in page load time, conversion rates increased by 2%. The gateway loading time of web3 distributed storage needs to be optimized. The core goal of IceGiant is to provide users with a fast and rich data structure DeFi database system.

Master the data, master the future! IceGiant is a DeFi technology-based database that makes data management and transactions more efficient, secure and sustainable. We convert data into digital assets for transaction and management, so that data has unlimited possibilities! Whether you are a digital asset trader, a data analyst or a data DAO manager, we will provide you with the most complete, efficient and secure data solutions, allowing you to grasp the power of data and control future opportunities! Let IceGiant become your power to grasp the value of data!

Technology overview

IceGiant helps users master their own data, and can also convert data into digital assets, which can be managed and traded through NFT. At the same time, DeFi can provide data DAO with better financial management and transaction services, making data DAO more efficient and sustainable in the Web3 ecosystem.

System Architecture

IceGiant is a data management and transaction solution for digital assetization based on DeFi technology and NFT technology. Its technical architecture mainly includes the underlying blockchain layer, data assetization layer, application layer and DAO layer.

The underlying blockchain layer adopts blockchain technology to ensure data security and reliability. The data capitalization layer adopts NFT and DeFi technology to convert data into digital assets for transaction and management, ensuring the circulation and availability of data. The application layer includes application scenarios such as data market, data governance, data storage and data analysis, providing users with comprehensive, efficient, safe and sustainable data solutions. The DAO layer provides efficient and secure financial management and transaction services for data DAO, improving the efficiency and sustainability of data DAO.

IceGiant's technical advantages include data management and transaction solutions based on DeFi technology's digital assetization, NFT technology's digital assetization, decentralized architecture and scalability. Using DeFi technology, IceGiant combines data management and digital asset transactions to realize digital asset-based data management and transactions, allowing data to have more value and possibilities. Use NFT technology to convert data into digital assets for transaction and management, improve data circulation and usability, and make data more valuable and flexible. A decentralized architecture is adopted to ensure the security and reliability of data, to ensure that data is not tampered with and lost, and to protect the privacy and security of user data. It is scalable, adopts efficient query speed and scalable architecture, improves the efficiency and speed of data analysis, and can expand smoothly at the same time.

DeFi

DeFi technology is the abbreviation of distributed financial technology, which is the application of blockchain technology in the financial field. IceGiant uses DeFi technology to realize data management and transactions of digital assets. DeFi technology mainly has the following characteristics: decentralization, openness, transparency, programmability and interoperability. These features can ensure the security and reliability of data management and transactions, while improving the circulation and availability of data.

Specifically, IceGiant uses DeFi smart contracts to implement database management and transactions. A smart contract is a self-executing contract that contains rules and terms for data management and transactions. Through smart contracts, functions such as data capitalization, digital asset transactions, and financial management can be realized. At the same time, smart contracts have the characteristics of non-tamperable modification and automatic execution, which can ensure the safety and reliability of data management and transactions.

NFT

NFT technology is the abbreviation of non-homogeneous token technology, which is a digital assetization technology. IceGiant uses NFT technology to convert data into digital assets for transaction and management. The main feature of NFT technology is that each token is unique and irreplaceable, and can represent unique assets or rights. This can ensure the circulation and availability of data, while increasing the value and flexibility of data.

Specifically, IceGiant uses NFT technology to convert the data inside the database into digital assets. Each digital asset is unique and can represent a specific data asset or interest. Through NFT technology, data capitalization and digital asset transactions can be realized, so that data has more value and possibilities. At the same time, NFT technology can guarantee the uniqueness and irreplaceability of digital assets, avoid repeated transactions and use of data, and protect the copyright and intellectual property rights of data.

Data decentralization

IceGiant adopts a unique decentralized architecture to ensure the security and reliability of data, to ensure that data is not tampered with and lost, and to protect the privacy and security of user data. Decentralized architecture means that there is no centralized control mechanism or single point of failure in the system, but the management and operation of the system are realized through distributed nodes. This can ensure the security and reliability of the system and avoid single point failures and attacks.

Specifically, IceGiant uses the IceFireDB decentralized storage engine to implement a decentralized architecture, storing data in distributed nodes, and each node has the same copy and permissions. Through consensus algorithms and smart contracts, information sharing and interaction between nodes can be guaranteed to ensure data security and reliability. At the same time, the decentralized architecture can protect the privacy and security of user data and avoid data leakage and abuse.

Scalability

IceGiant is scalable, adopts efficient query speed and scalable architecture, improves the efficiency and speed of data analysis, and can expand smoothly at the same time. Scalability means that the system can be expanded horizontally or vertically according to demand to meet the ever-increasing user demand and data volume. In IceGiant, scalability is very important, because the demand and data volume of data management and transactions may continue to increase.

Specifically, IceGiant adopts efficient query speed and scalable architecture to improve the efficiency and speed of data analysis. At the same time, the use of distributed nodes and consensus algorithms can smoothly expand the scale and performance of the system. This can ensure the reliability and stability of the system, while improving user experience and data circulation.

Technology Advantages

IceGiant also supports the development of some features that were previously not possible in web3. By providing developers with full-featured NoSQL and SQL engines, IceGiant allows developers to perform complex queries on massive data sets in milliseconds. This level of optimization can further push web3 applications into a data-driven state without sacrificing the decentralized nature of their products.

Using the advantages of IceGiant can be divided into four different categories:

  1. Accelerate the dApp development process: By using RESP and SQL protocols, developers can quickly build and deploy decentralized applications, helping web2/web3 applications quickly access data decentralization capabilities.
  2. Forge the value of database assets in applications: IceGiant converts data in user databases into digital assets by combining NFT and DeFi technologies, providing more possibilities for data management and transactions. Enhance user data transaction capabilities and provide a more sustainable economic infrastructure for data transactions and utilization.
  3. Fast and secure database storage and retrieval: Since IceGiant uses technologies such as data fragmentation, data retrieval gateway, and FlowShield decentralized security network, it can provide fast data storage and query speed. At the same time, through the support of NFT and DeFi technology, IceGiant can inspire global database manufacturers to provide more data access points, thereby enhancing users' data storage and retrieval performance.
  4. Enhance dApp data combination and complex data usage scenarios: Through NFT and DeFi technology, IceGiant converts data into digital assets for transaction and management, providing more possibilities for data. This can provide more efficient, secure and sustainable solutions for data markets, governance, storage and analysis, etc., while promoting the development of the Web3 ecosystem. The integration of these technologies can allow users to better grasp and trade their own data, realize the maximum value of data, and promote the expansion of data application scenarios and value.

System composition

Storage network structure

Although all IceGiant nodes are in the same P2P network, the structure of the network can be decomposed according to the data set, which is the data tenant isolation area, which refers to the database area used by a specific application on top of the IceGiant protocol. Different from the traditional blockchain network, IceGiant nodes are only responsible for interacting with peers operating the same data set, and are not responsible for any data of other data sets. Peer IceGiant node sets form a high-availability data storage area.

image

Trusted storage mechanism

The NoSQL storage layer of each individual IceGiant mainly includes the codec layer and the underlying KV storage layer. the underlying KV engine currently supports levelDB, badgerDB, IPFS and OSS, and the main data storage includes two ways:

  1. instruction broadcast model based on IPFS-log
  2. Native data storage model based on IPFS

The specific storage model design will be further described in Section 3.3 NoSQL Storage Engine. Multiple IceGiant nodes will be divided into groups according to data sets, and each group will form a highly available storage area structure.

Trusted storage smart contracts

IceGiant mainly uses smart contracts to build a decentralized storage engine strategy center. Our goal is to build a database platform that can run by itself and be governed by the public. At present, the running carrier of smart contracts mainly considers EVM-compatible virtual machine environment. EVM allows us to make trusted calculations and provide services closer to data storage, and provides users with more reliable data operation credibility.

Intelligent contract functions mainly include:

  1. Data set and multi-tenant decentralized trusted management
  2. User account and access credentials management
  3. The database is written into the contract storage of instruction set for data trusted synchronization and data consistency verification.

Query structure

In each query submitted to a node, there are the following pieces of different data:

  1. query: Standard RESP、SQL protocol query
  2. timestamp
  3. query hash
  4. query id
  5. RSA signature

Every time data is written, the node ensures that the RSA signature is valid for the associated key of the fund pool, and the public key is stored in the smart contract. After verifying the signature, the node checks the timestamp to ensure that it falls within the valid time range of the current block.

Once the timestamp is accepted, the node checks the uniqueness of the query ID. The query ID is guaranteed by the node that it can't be duplicated within the batch within the current time range, and it can take random 64 characters associated with the query. If the node is a leader, it is also necessary to maintain the current state of the data set in the database.

Node Architecture

Reverse proxy

The reverse proxy server is the entry point for all requests sent to the node. On the IceGiant node, the reverse proxy server has four main purposes:

  1. Manage TLS/SSL certificates to ensure encrypted communication with any client/peer node.
  2. Implement CORS (cross-source resource sharing) configuration, and specify which sources (client and peer) to accept data read/write from.
  3. Route incoming requests to the correct gateway or synchronizer, and prevent bypassing any advanced request gateway.
  4. Provide static resources from the local file system.

IceGiant synchronize

IceGiant Synchronizer is an application directly above the database engine. All incoming database requests pass through IceGiant Synchronizer, which determines whether the requests should be processed, whether data writes should be propagated to other parts of the network, and whether local data should be written and customer requests should be responded to.

IceGiant Synchronizer can also provide data write aggregation function, allowing multiple data requests to be merged and written into a single network storage request. It also allows users to cross-mix data sets between different nodes, encouraging further data decentralization, while keeping the operation overhead low.

NoSQL and SQLite storage engine

The core of each node is the database engine. By default, IceGiant node integrates KV storage engines such as levelDB, badgerDB, IPFS, OSS, etc., and implements the protocol coding layer of NoSQL on the KV storage relationship. Currently, the data storage of NoSQL mainly includes the following two ways:

The first implementation: instruction broadcast model based on ipfs-log: Based on ipfs-log,crdt and libp2p(pubsub), an immutable and operation-based conflict-free replication data model for distributed systems is implemented. Based on ipfs-log, various data structures such as event and kv are encapsulated, and multi-node database instruction broadcast is implemented based on this engine;At that bottom of IceFireDB, we abstract the variable kv engine base on badgerdb and leveldb. any node will broadcast the whole network when it is writing instruction, and the bottom driver of IceFireDB of each node will execute the broadcast instruction to ensure the final consistency of data.

           Log A                Log B
             |                    |
     logA.append("one")   logB.append("hello")
             |                    |
             v                    v
          +-----+             +-------+
          |"one"|             |"hello"|
          +-----+             +-------+
             |                    |
     logA.append("two")   logB.append("world")
             |                    |
             v                    v
       +-----------+       +---------------+
       |"one","two"|       |"hello","world"|
       +-----------+       +---------------+
             |                    |
             |                    |
       logA.join(logB) <----------+
             |
             v
+---------------------------+
|"one","hello","two","world"|
+---------------------------+

The second implementation: full storage model based on ipfs: In addition to the first implementation mode, we are also building the structure of the second type of data, so that the complete data will grow on ipfs. At first, there is an ipfs driver in the IceFireDB driver layer, which will encode and process the upper-level commands into a unified kv data structure, store and change the value, and the generated new cid will be connected with key. However, at present, there is no key broadcast network with multiple nodes and data synchronization. When we connect with the broadcast network, we can build a data model originally grown on ipfs.

+-+---------------+----+---------------+----+---------------+-+
|                           Transport                         |
| +---------------+    +---------------+    +---------------+ |
| |    Cluster    |    |    Cluster    |    |    Cluster    | |
| | communication |    | communication |    | communication | |
| +---------------+    +---------------+    +---------------+ |
+-+---------------+----+-------^-------+----+---------------+-+
                               |
+------------------------------v------------------------------+
|                        Query Processor                      |
|   +-----------------------------------------------------+   |
|   |                     Query Parser                    |   |
|   +-----------------------------------------------------+   |
|   +-----------------------------------------------------+   |
|   |                   Query Optimizer                   |   |
|   +-----------------------------------------------------+   |
+---+--------------------------+--------------------------+---+
                               |
+------------------------------v------------------------------+
|                            Codec                            |
|    +-----------+                           +-----------+    |
|    |   Encode  |                           |   Decode  |    |
|    +-----------+                           +-----------+    |
|                 support: kvlisthashset                 |
+----------+---------------------------------------^----------+
           |                                       |
+----------+---------------------------------------+----------+
|          |put              KV Engine             |Get       |
|    +-----v----+                            +-----+----+     |
|    | put(a,b) |                            |  Get(a)  |     |
|    +-----+----+                            +-----+----+     |
|          | a:b            +-------+              | a        |
|    +-----v----+    +------> store <----+   +-----v----+     |
|    |  CID(b)  +----+      +-------+    +---+ cat(hash)|     |
|    +-----+----+                            +-----+----+     |
|          | add(b)                                | cat      |
|  --------v---------------------------------------v-----     |
|                          IPFS nodes                         |
+-------------------------------------------------------------+

Each IceGiant node is a perfect NoSQL database engine, and each database engine is configured to allow access only through the IceGiant synchronizer running on the same machine. There are the following considerations in doing so:

  1. Restrict synchronizer's access to database, and reduce the chance of user's error. Non-propagating data writes must be clearly identified by IceGiant synchronizer, rather than accidentally submitted to NoSQL database storage engine, which makes similar nodes in the network contain the same data as much as possible.
  2. Restrict access to IceGiant synchronizer through reverse proxy or other advanced gateways, so that database users can reduce attack vectors, thus reducing the vicious situation of network abuse by bots, data/privacy leakage and cross-node status differences.

Advanced request handler

IceGiant node can choose to be equipped with an advanced request processing gateway, the core of which is an application middleware, which can contain complex business logic to define database interaction. This can develop the function of IceGiant node from database/data storage system to a fully functional decentralized API system. Examples of high-level request gateways that can be built include: fine-grained database access, complex aggregate queries and concurrent queries, and rules of which data to pass to IceGiant synchronizer for propagation.

For example, we can build a multi-tenant management page to run on an advanced request gateway, which manages application-specific logic. The advantage of such a system is that it only needs one gateway to verify access rights.

Smart contracts

Transaction Structure

IceGiant blocks are stored in JSON format when submitted to smart contracts. Because each IceGiant node can serve multiple data sets, a single smart contract transaction can contain multiple blocks.

In each JSON, the top key is the name of the data set referenced by the data. Below the key in the first layer is the request endpoint that receives data writes. After the data is divided by the request endpoint, all data writes are sorted in chronological order.

Contract interaction

The main functions of data set existence, ownership and verification come from intelligent contracts, which are mainly used to construct data set isolation, data reading and writing logs, fund pool, data legality and consistency verification.

Index: tracking block metadata

$IGFI token

The native token of IceGiant and IceFireDB ecosystem is $IGFI token, which has the following purposes:

  1. The main purpose of the token is to let interested parties verify the incoming blocks of the database. This can occur in the form of stakeholders running peer verifier nodes, or by entrusting benefits to verifiers.
  2. Token mechanism prevents network spam requests. As the name of the data set is unique, registering the data set consumes a small amount of tokens, creating a small entry barrier, which can be ignored by well-meaning users.

Sales Verification Node Program

The master validator in the IceGiant validator pool is the node with the highest stake/delegated stake. This node can be managed by individuals/groups closely related to the project it serves, but in theory it can be run by any third party.

The lead validator is the default node to which any queries are sent and is responsible for serving all application data (this is the default, but not mandatory). In addition to tracking appropriate state changes, the master validator also runs a database that runs the active state of the dataset. The benefit of making this the default is that it significantly reduces the overall cost of maintaining the dataset for nodes. Projects can choose to create more "expensive" datasets and thus benefit from further decentralization, but in most use cases any further decentralization will result in diminishing marginal utility.

Any stake owned or delegated to the master validator cannot be taken away until the validator's most recent block is complete. Once a block is mined by the new lead validator, the lead validator can remove their stake from the pool. The lead validator can request to unmark when mining its final block, preventing the token from being locked into its role.

Peer verifier

Any validator that is not a leader is a peer validator, and by default it is the role of a peer validator to track incoming data writes and ensure that these writes are properly stored on IPFS by the master validator.

Peer validators may also choose to maintain an active state of the database, allowing them to be queried just like the master validator. Some network users may want to do this as it acts as a mechanism to eliminate the risk of network downtime. Additionally, the highest-level validators may have a vested interest in maintaining the active state of the database as they become the next primary validator at any time.

Funding pool: multi-chain support

EVM multi-chain fund pool

Funding pools enable individuals and communities to pay for data usage on any number of blockchains. The fund pool is just a smart contract that holds funds for the validator and can be used to incentivize the validator to act correctly, and the tokens in the fund pool are used to pay the operator's storage, computing and hardware costs.

A dataset can have any number of pools. When creating a pool, the creator can specify the chain, token, and validator that the pool is bound to. This allows users to pay into the IceGiant network with any ERC20 equivalent token. By allowing payments in any token, IceGiant creates a chain-agnostic NoSQL database that utilizes smart contracts as a state tracking layer.

Application Scenario

IceGiant can provide efficient, secure and sustainable data solutions for different users, applicable to a variety of data application scenarios. By adopting multiple technologies such as DeFi technology, NFT technology, decentralized architecture and scalability, IceGiant can realize data management and transactions of digital assets, ensure the circulation and availability of data, and improve the value and flexibility of data. At the same time, IceGiant can protect the privacy and security of user data, promote data cooperation and sharing, and improve data sustainability and utilization.

Data market

IceGiant can serve as the infrastructure of the data market, providing digital assets and trading solutions for data. In this scenario, data providers can convert their data into digital assets, which can be traded and managed through the IceGiant platform. Data buyers can purchase data assets on the platform and apply them in various scenarios, such as data analysis, artificial intelligence, financial technology and other fields.

Data governance

IceGiant can be used as a data governance solution to provide support for data security, privacy and compliance. In this scenario, data providers can encrypt, store and manage data through the IceGiant platform to ensure data security and reliability. Data users can authorize and share data through smart contracts to avoid data abuse and leakage.

Data storage

IceGiant can be used as a data storage solution to provide efficient and reliable data storage services. In this scenario, IceGiant can use distributed storage to store data on multiple nodes to avoid single point of failure and data loss. At the same time, IceGiant can use smart contracts to implement data encryption and permission control to ensure data security and privacy.

Data analysis

IceGiant can be used as a solution for data analysis, providing efficient and flexible data query and analysis services. In this scenario, IceGiant can use efficient query speed and scalable architecture to improve the efficiency and speed of data analysis. At the same time, IceGiant can use smart contracts and data DAO to realize data sharing and cooperation and promote the development of data analysis.

Data assetization

Data assetization and advantages

Data assetization is the process of converting data into digital assets and managing them as an asset that can be traded and managed. Through data capitalization, enterprises can transform their data into a valuable asset for better management and utilization. The main advantages of data assetization include:

Increase the value of data

Through data capitalization, enterprises can transform their data into a valuable asset for better management and utilization. This can increase the value of the data and increase the revenue and profit of the enterprise.

Promote the circulation of data

Through data capitalization, enterprises can convert their data into digital assets for better transactions and circulation. This can promote the circulation of data and allow data to better serve enterprises and society.

Improve data security

Through data assetization, enterprises can encrypt, store and control data to improve data security. This can prevent data leakage and abuse, and protect the data privacy and security of enterprises and users.

Improving Data Sustainability

Through data capitalization, enterprises can better manage and utilize their data and improve data sustainability. This can reduce duplication and waste of data, improve data utilization and efficiency, and promote sustainable development of enterprises.

Data Transformation into Digital Assets

By adopting tools such as blockchain technology and smart contracts, data can be converted into digital assets to realize the transaction and management of digital assets. This can improve the value and circulation of data, promote the utilization and sharing of data, and at the same time ensure the security and compliance of data. Transforming data into digital assets is a key step in realizing data assetization. Specifically, data can be converted into digital assets through the following steps:

Determining the value of data

First, the value of the data needs to be determined, including aspects such as data type, quality, quantity, and availability. By evaluating and analyzing the data, the value and potential uses of the data can be determined.

Define the attributes of digital assets

According to the value and use of data, the attributes and rules of digital assets need to be defined, including the name, description, owner, price, and usage rights of digital assets. This can better manage and trade digital assets, and ensure the security and compliance of digital assets.

Transform data into digital assets

Converting data into digital assets requires tools such as blockchain technology and smart contracts. Specifically, data can be converted into digital assets through the following steps:

Create digital assets

Use smart contracts to create digital assets, including information such as the attributes and rules of digital assets. At the same time, data needs to be encrypted and stored on the blockchain to ensure data security and privacy.

Issuing digital assets

Issue digital assets on the blockchain to make them an asset that can be traded and managed. At the same time, digital assets need to be registered on the data market so that they can be purchased and used by other users.

Trading digital assets

The transaction and management of digital assets are realized through smart contracts, including the purchase, sale, transfer and use of digital assets. At the same time, it is necessary to ensure the security and compliance of digital assets and prevent the abuse and leakage of digital assets.

IceGiant's digital assetization

IceGiant combine NFT and DeFi technologies to transform data into different forms of digital assets such as digital artwork and virtual real estate.

Combined with NFT technology

NFT technology can transform digital assets into irreplaceable unique digital assets, such as digital artwork, music, video, etc. By combining NFT technology, IceGiant can transform users' data into unique digital artworks and register them on the blockchain for transaction and management as a valuable digital asset. This can increase the value and circulation of digital assets, and promote the development and promotion of digital artworks.

Combined with DeFi technology

IceGiant uses DeFi technology to increase the circulation properties of user data assets, so that user data can be borrowed, bought and sold, and traded like other digital assets. This can increase the circulation and utilization of data, improve the value and efficiency of data, and promote the capitalization of users' data and the development of digital economy. At the same time, through smart contracts and blockchain technology, data security and compliance can be guaranteed, data abuse and leakage can be prevented, and users' data privacy and rights can be protected.

With DeFi, data lending function is realized

IceGiant can use DeFi technology to convert user data into digital assets and realize data lending functions. Users can use their data as collateral to borrow digital currency or other digital assets. Borrowed digital assets can be used for investment or trading, increasing users' income and profits.

With DeFi, the function of data buying and selling is realized

IceGiant can use DeFi technology to convert user data into digital assets and realize data trading functions. Users can sell their own data on the platform and at the same time buy other users' data. Through smart contracts and blockchain technology, data security and compliance can be achieved, and users' data privacy and rights can be protected.

With DeFi, data transaction function is realized

IceGiant can use DeFi technology to convert user data into digital assets and realize data transaction functions. Users can trade their own data on the platform, and at the same time buy other users' data. Through smart contracts and blockchain technology, data security and compliance can be achieved, and users' data privacy and rights can be protected. At the same time, the data circulation during the transaction process can also be recorded and verified to ensure the credibility and transparency of the transaction.

Decentralized data management and transactions

IceGiant adopts decentralized architecture and technology, which can improve data security and reliability.

Data decentralized storage

IceGiant adopts decentralized storage and stores data in multiple nodes. This avoids single points of failure and data leakage, and improves data security and reliability. At the same time, IceGiant uses technologies such as encryption and authentication to protect data privacy and security.

IceGiant uses smart contracts to realize data management and transactions. Smart contracts can automatically enforce prescribed rules and conditions to ensure data security and compliance. At the same time, smart contracts can realize the transparency and traceability of data, increasing the reliability and trust of data.

Decentralized DeFi data management

IceGiant database combined with DeFi technology can realize decentralized data management and transactions. Users can upload, manage, borrow, buy, sell and trade their own data on the platform, and obtain benefits from digital currency or other digital assets. Through smart contracts and blockchain technology, data security and compliance can be guaranteed, data abuse and leakage can be prevented, and users' data privacy and rights can be protected. At the same time, pricing and settlement are based on digital assets, which improves the efficiency and accuracy of transactions. At the same time, it can avoid the supervision and restrictions of the traditional financial system and improve the flexibility and freedom of data transactions.

Decentralized storage and management of data

The IceGiant database uses decentralized storage and management of data, and stores data in multiple nodes. This avoids single points of failure and data leakage, and improves data security and reliability. At the same time, the IceGiant database adopts technologies such as encryption and authentication to protect data privacy and security.

Turn data into digital assets

Utilizing DeFi technology, the IceGiant database can convert data uploaded by users into digital assets. Users can use their data as collateral to borrow digital currency or other digital assets. Borrowed digital assets can be used for investment or trading, increasing users' income and profits.

Realize data lending, buying and selling, and trading

With the help of DeFi technology, the IceGiant database can realize functions such as data lending, buying and selling, and trading. Users can perform data lending operations on the platform, using their own data as collateral to borrow digital currency or other digital assets.

At the same time, users can also sell or buy other users' data on the platform, and realize data security and compliance through smart contracts and blockchain technology to protect data privacy and rights. Users can also trade their own data on the platform to obtain digital currency or other digital assets. During the transaction process, the circulation of data can also be recorded and verified to ensure the credibility and transparency of the transaction.

Improve data mobility and utilization

Combined with DeFi technology, the IceGiant database can increase the liquidity and utilization of data. Users can use their data as collateral to borrow digital currency or other digital assets for investment or trading. At the same time, users can also sell or trade their own data to obtain digital currency or other digital assets. This can improve the circulation and utilization of data, and increase the value and efficiency of data.

Data DAO

Data DAO and its value

The role of Data DAO is to provide a new data management method for the digital economy. In the traditional data management model, data is usually managed and controlled by a central organization, while Data DAO uses a decentralized approach to make data management and use more fair and transparent. They allow data owners to directly control and manage their data, and can ensure data security and privacy through smart contracts.

In the digital economy, Data DAO can provide enterprises, governments and individuals with a more open and transparent data management method. They can facilitate data sharing and collaboration, increasing data utilization and value. In addition, Data DAO can also establish a trust relationship between data service providers and data consumers, thereby promoting the development and innovation of the digital economy.

IceGiant with Data Dao

IceGiant database is a data DAO platform, which aims to provide efficient, safe and reliable solutions for data management and digital asset transactions.

Data assetization

The IceGiant database adopts a data assetization model, which converts data into digital assets for management and transactions. This model can help data DAO maximize the value of data, and can ensure that the ownership and usage rights of data are effectively protected.

Decentralized ledger

The IceGiant database uses a decentralized ledger to record all financial transactions, ensuring that the financial information of the data DAO is safe and will not be tampered with.

Smart contract

The IceGiant database utilizes smart contracts to automate financial management and transactions. A smart contract is a self-executing computer program that automatically performs a predetermined action when certain conditions are met. In a data DAO, smart contracts can be used to automate operations such as distributing funds, performing votes, and recording transactions.

Cryptocurrency payment

The IceGiant database supports cryptocurrency payments, which enable fast, secure transactions and avoid intermediary fees and transaction delays of traditional financial institutions.

Operational multisig

For increased security, the IceGiant database uses multi-signature technology. This technique requires that when performing sensitive operations, multiple participants must be authorized to complete. For example, when performing a high-value transaction, the authorization of multiple participants is required to complete the transaction, which can avoid the impact of a single participant's mistake or malicious behavior on the entire data DAO.

Real time monitoring

The IceGiant database can monitor all transaction activities in real time to ensure that the data DAO's financial information and transaction records are accurate. If unusual transactions or activities are discovered, timely measures can be taken to prevent losses.

Data Privacy Protection

IceGiant database can adopt encryption and anonymization technology to protect data privacy. This technology can ensure that the data is effectively protected during the transaction and management process, and will not be accessed or used by unauthorized people, thereby protecting the confidentiality and integrity of the data.

Future outlook

IceGiant empowers the future of the digital economy

The future development of the IceGiant database combined with DeFi capabilities in the digital economy has great potential and market prospects. By providing safe, efficient, and reliable digital asset management and transaction services, it helps enterprises and organizations realize higher data value and make greater contributions to the development of the digital economy.

The rapid growth of the DeFi market

The DeFi market is an important part of the digital economy. With the rapid growth of the DeFi market, the IceGiant database can provide the DeFi market with more secure, efficient, and reliable data management and digital asset transaction services, and contribute to the further development and growth of the DeFi market.

Promotion of data assetization

Data assetization is an important part of the digital economy, which can bring more commercial and economic value to enterprises and organizations. The IceGiant database can convert data into digital assets for management and transactions through the data capitalization model, helping enterprises and organizations realize higher data value and make greater contributions to the development of the digital economy.

Multi-level digital asset management and transaction services

With the development of the digital economy, the types and quantities of digital assets continue to increase, and digital asset management and transaction services also need to be continuously upgraded and improved. The IceGiant database can combine DeFi capabilities to provide diversified management and transaction services for different levels of digital assets, including cryptocurrencies, digital securities, digital artworks, etc.

Further strengthening of data privacy protection

Data privacy protection is increasingly important in the digital economy. The IceGiant database can use encryption and anonymization technologies to protect data privacy and provide users with more secure and private digital asset management and transaction services.

Further improvement of community governance

The IceGiant database adopts a community governance model, that is, the management and decision-making of the data DAO are jointly participated by community members. In the future, with the continuous improvement of the community governance model, the IceGiant database can better serve users and the community and achieve more efficient governance and decision-making.

IceGiant promotes the development of web3 ecology

As a DeFi database, IceGiant can provide decentralized data management and transaction services, support digital asset management and transactions, strengthen data privacy protection, achieve more efficient data DeFi services, and adopt a community governance model to promote the development of Web3 data ecology.

Provide decentralized data management and transaction services

The Web3 ecosystem is a decentralized ecosystem that requires decentralized data management and transaction services to support its development and growth. IceGiant reliable data management and transaction services for the Web3 ecosystem.

Support the management and transaction of digital assets

Digital assets are an important part of the Web3 ecosystem, including cryptocurrencies, digital securities, digital artworks, etc. IceGiant adopts the data assetization model, transforms data into digital assets for management and transactions, and provides multi-level digital asset management and transaction services for the Web3 ecosystem.

Strengthen data privacy protection

Data privacy protection is an important issue in the Web3 ecosystem, and encryption and anonymization technologies are required to protect user data privacy. IceGiant can use these technologies to protect user data privacy and provide more secure and private data management and transaction services for the Web3 ecosystem.

Realize more efficient DeFi services

The DeFi market is an important part of the digital economy and requires efficient digital asset management and transaction services to support its development and growth. As a DeFi database, IceGiant can combine DeFi capabilities to provide more efficient, safe and reliable digital asset management and transaction services for the Web3 ecosystem.

Adopt a community governance model

IceGiant adopts a community governance model, that is, the management and decision-making of data DAO are jointly participated by community members. This model can improve the participation and governance efficiency of community members, and provide more powerful support for the development of Web3 ecology.

Drive innovation in blockchain technology and applications

As an innovator of blockchain technology and applications, IceGiant can promote the innovation of blockchain technology and applications, and bring more opportunities and space for the development of Web3 ecology.

Conclusion

As a data DeFi database, IceGiant has many advantages and a wide range of application scenarios. First of all, based on decentralized storage and blockchain technology, decentralized data management and transaction services are realized to ensure data security and privacy. Secondly, adopt the data capitalization model to convert data into digital assets for management and transactions, and provide more commercial and economic value for the development of the digital economy.

In terms of application scenarios, IceGiant can be applied to many fields such as digital asset management and transaction services, data markets and transactions, data capitalization, and digital economic applications. With the continuous development of the digital economy and the DeFi market, IceGiant will have more opportunities and space to give full play to its own advantages and innovations, and make greater contributions to the development of the digital economy and the DeFi market.

Let us join the IceGiant ecosystem to jointly promote the development of the digital economy and the data DeFi market, and bring more opportunities and space for the innovative development of blockchain technology and applications. Let us work together to create a more prosperous digital economy and Web3 ecology, and inject more innovation and vitality into the future digital world!

Thanks supports

IceFireDB
IceFireDB
FlowShield
FlowShield
Protocol Labs
Protocol Labs
FVM
FVM

About

IceGiant: Database DeFi Protocol whitepaper

Resources

Stars

Watchers

Forks

Releases

No releases published

Packages

No packages published