Prometeus is a layer 2 decentralized framework built by Prometeus Labs, a company of data scientists and entrepreneurs. Its goal is to provide trustless and anonymous data storage and exchange. Communication between Prometeus nodes occurs on Binance Smart Chain, while digital content is stored utilizing Arweave and distributed via Sky Skynet.
Some functions of Prometeus are Influencer Marketing, Medical and Insurance data market industries. Prometeus is open-source and public, which means that anyone is free to join and use. No one is therefore in control of it. Users can buy and sell data in a secure and decentralized way.
Benefits of Prometeus
Transparent
Smart contracts based business logic distributes all the value across the network sustainably and transparently
Privacy and Security
No KYC or any personal identification is needed. Data is encrypted and uploaded to a secure distributed data storage. If one wants to access data, they would have to purchase it.
Immutable
Data in Prometeus network is stored indefinitely on a distributed data storage without being changed.
Censorship resistant
No data in Prometeus Network can be censored as censorship is impossible by design in this network.
PROM
PROM is the native token in the Prometeus Network that is used to serve as a medium for payment for services of the network. PROM can also be used to stake PROM to participate in the Proof of Stake Authority (PoSA) consensus on the network, while standing a chance to receive PROM rewards in return.
In Conclusion
The Prometeus network is a decentralized framework that provides users with trustless and anonymous data storage. PROM is the native token on the network, and it can be bought on various large cryptocurrency exchanges worldwide.
