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About IOST
IOST is the native utility token of the IOST blockchain, a high-throughput infrastructure designed for the decentralized economy. The network utilizes a unique "Proof-of-Believability" (PoB) consensus algorithm and Efficient Distributed Sharding (EDS) to achieve high scalability and security while maintaining decentralization. IOST serves as the primary medium of exchange for transactions, smart contract execution, and network governance. Recently, the ecosystem has expanded its focus toward Real World Asset (RWA) tokenization and Web3 payment solutions, bridging traditional finance with decentralized systems.
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