Please describe your proposed solution

The consumer perspective: Currently there is a vast degree of under utilized storage hardware among both the company's enterprise customers as well as the company datacenters. This inefficiency presents an opportunity to maximize hardware use by monetizing unused capacities through Iagon. Additionally, The company has a global network of cloud service users who are not exposed to the benefits that a decentralized network can provide such as lower costs, increased data safety, security and privacy, and custom data management solutions for enhanced data transparency and compliance. Iagon’s Private Distributed Cloud Service (PDCS) will demonstrate a proof of concept together with the company where we will develop a pilot application to install on the company servers (provided by either the company or their enterprise users. This means demonstrating an app that could increase the supply side with more storage for the Iagon cloud network)

The enterprise perspective: Centralized services often have premium pricing for storage and bandwidth, and can leverage lower costs through PDCS. PDCS also removes Central Points of Failure and will allow easy customizations such as levels of redundancy, bandwidth availability in regions of the world, and custom compliance tools to control where data is stored and ensure full compatibility with global regulatory requirements. All-in-all, a PDCS provides enterprises with competitive advantages in terms of the types of cloud services they can provide, while maximizing profit margin through more cost effective resources and optimizing the efficiencies of their under utilized hardware.

If the Proof of Concept app is successful, the next step would be to collaborate with the company on making a white-labeled cloud storage solution for the company laptop users. This would give millions of users access to the Iagon Network (PDCS), installed as a default on all the company laptops. This software would utilize the infrastructure of the company enterprise users.

Another direction with the company could be with idle computing power, both for GPU and CPU.

Please define the positive impact your project will have on the wider Cardano community

The solution would onboard the company to do a proof of concept with Iagon on the Cardano blockchain using Iagon’s PDCS. Overall the impact for the Cardano blockchain would be increased traffic, utilization and awareness. If the company then chooses to adopt this app solution it could have a much larger impact on the Cardano blockchain. In addition to the company, the initial PDCS will provide a framework that can be adopted throughout enterprise sectors that routinely deal with sensitive data and the need to remain compliant with certain regulatory requirements.

One sector that could choose to deploy PDCS is the healthcare sector due to data protection laws such as HIPAA and PDCS being compliant with this. Another is banking and financing due to handling sensitive data requiring ISO certifications that PDCS can be compliant with.

A third example is legal practices that might require proof of existence and auditability of stored documents, also something PDCS could provide. These are just a few of the countless use cases for PDCS in enterprise.

What is your capability to deliver your project with high levels of trust and accountability? How do you intend to validate if your approach is feasible?

1. Track Record: Iagon has a working cloud storage solution on the Cardano Blockchain with 6.5 Petabyte of storage and 482 storage nodes as of writing this proposal. The company has delivered solutions such as Ledgerflow and have demonstrated pilots such as for cloud compute as well as the Cyclone hardware device.
2. Team: Our team consists of experienced developers and experts in the field of blockchain and reputation systems. We have a proven track record of delivering high-quality projects with a strong focus on trust and accountability. Team co-founders include: Dr. Navjit Dhaliwal (has led 3 successful startups, increased revenue over 3 years from 0 NOK to 10 million NOK), Dr. Rohit Gupta (former director of technology for Expedia, currently a senior manager at Google, wrote thesis in decentralized compute in 2005), Dr. Claudio Lima (former CTO at Huawei in east asia, currently educates governments and enterprises on Blockchain architecture) and Dr. Elad Harison (AI/machine learning expert, economics professor).
3. Communication and Engagement: Iagon has demonstrated regular updates on our company blog, discord as well as twitter updates and spaces. We will continue to update the community and allow for engagement and questions on the proof of concept app if this project gets funded.

The success of the project can be measured using several key indicators:

1. Systems onboarded: Test a variety of the company systems for the app functionality in successfully sharing storage or renting storage from the PDCS.
2. Data migration rate: Measure volume of data migrated from traditional storage to the decentralized platform.
3. Uptime: Ensure the proof of concept app is stable and has a high availability when the devices are on.
4. Revenue Creation: Track the value add and profit margins that the company experiences from providing their underutilized hardware to the Iagon network.
5. Cost efficiency: Track how the proof of concept app gives income to users providing cloud storage and how it lowers costs for users who purchase cloud storage from Iagon compared to other alternatives.
6. Compliance: Demonstrate that the proof of concept app is in compliance with regulations in the regions the app is deployed and on the devices and with the licenses the company has for their devices.
7. Security: Check for vulnerabilities in the proof of concept app and ensure that the app is safe to use across the different the company devices. Note this will also include another proposal that will audit the architecture.

By monitoring and analyzing these indicators throughout the project's lifecycle, the success and effectiveness of the project can be evaluated, allowing for adjustments, improvements, and further development to meet the evolving needs of the company through the proof of concept app.

Sharing the outputs and results of the project is crucial for transparency, collaboration, and knowledge dissemination within the Cardano ecosystem. Here are some plans to share the outputs and results:

1. Documentation: Manual for the proof of concept app that the company users will have available to utilize the app.
2. Data redundancy and distribution: Statistics on how the proof of concept app increased data redundancy and distribution of storage.
3. Data on uptime, number and type of the company systems onboarded: Statistics on how many systems were onboarded, what type and the uptime statistics.
4. Compliance framework: Document on how the solution is in compliance with the company device licenses and across different jurisdictions that will be distributed with the proof of concept app.

By adopting these approaches, the project can effectively share its outputs, results, and progress with the Cardano community and showcase where Iagon is in onboarding the company users to the Cardano network through Iagons decentralized storage solutions.

What are the main goals for the project and how will you validate if your approach is feasible?

The main goal is to collaborate with the company to understand what they need across multiple the company devices and across regions with different licensing and regulatory requirements. By doing this we hope to onboard the company to the Cardano blockchain network through Iagon Private Cloud Storage Solutions.

What are the key milestones you need to achieve in order to complete your project successfully?

Milestone 1: to be disclosed at a later stage

Milestone 2: to be disclosed at a later stage

Final Milestone: to be disclosed at a later stage

Who is in the project team and what are their roles?

1. Navjit Dhaliwal, CEO
2. Holger Mesiats, CTO
3. Nils, Project Lead
4. Mark, Full Stack Engineer
5. Quinn, Smart Contract Engineer

Please provide a cost breakdown of the proposed work and resources

to be disclosed at a later stage

Iagon will have to closely collaborate with the Fortune 500 company on the proposal. Iagon will have to have acceptance from Catalyst to disclose the Fortune 500 company for auditability and to be within compliance of NDA’s signed.

If, for any reason, this pilot doesn’t take off, we will refund the ADA to Catalyst, ensuring full transparency and accountability.

How does the cost of the project represent value for money for the Cardano ecosystem?

Iagons cloud services utilize the Cardano Blockchain for access layer, fees and rewards. This pilot will bring significant attention to Cardano and demonstrates enterprise interest in the adoption of Cardano and the innovative services building on it. Further, if the Proof of Concept app is successful it could have a significant impact on the Cardano ecosystem by adding millions of devices paying for storage fees through the Cardano blockchain. It would also demonstrate to other enterprise companies that Cardano has decentralized infrastructure apps such as Iagon’s Private Distributed Cloud Services that allows them to whitelabel and onboard to Cardano seamlessly while enjoying the benefits of the safety, compliance, decentralization and cost reductions of Iagon and the Cardano blockchain.