HiveNet
About
Blockchain has changed the internet. This new and ingenious innovation enables blocks of information and data to be disseminated across ledgers without the involvement of central authority, however with the fundamental necessity that the information be approved by members. This makes the information open and secure. Blockchain innovation can be utilized to extraordinary preferred position in distributed cloud computing which is why HIVENET project has adopted the use of blockchain in its new project.
Blockchain technology is perhaps the best development of today. You would have found out about advanced money or digital currency. These are conceivable in view of blockchain innovation. In this article, I will initially comprehend what blockchain innovation is and how it functions and afterward I will take a look at how we can associate cloud computing with blockchain innovation which is the main reasons for the adoption of blockchain technology in HIVENET cloud computing project
One of the most disruptive developments, which is quickly advancing, is the utilization of blockchain innovation in distributed/cloud computing. Numerous organizations use distributed storage and get profits by cloud computing innovation. At the point when blockchain ability is added to the mix, the conceivable outcomes can possibly upset and changes the whole industry areas.
Digital money, made with blockchain innovation, accumulates a large portion of the media consideration. In any case, the practical aspect of blockchain innovation in distributed computing are considerably more noteworthy regarding being able to change huge amount of data processing and narrative control in manners that are financially effective and progressively secure.
Hyperledger is a kind of blockchain innovation that is progressing as open source application in which distributed duplicates of an indistinguishable blockchain record make it exponentially increasingly hard to control information in unapproved ways. Decentralization of record keeping through the use of peer-to-peer systems makes a powerful review trail.
With HIVENET cloud computing network, these records can be distributed in the cloud and indistinguishable duplicates, or bits of them, can be kept up by different parties for review check. In contrast to digital money, there is no need or want for secrecy of the hyper record clients. Truth be told, explicit hyper record applications can have a confined arrangement of approved clients that are altogether known to a central authority.
The advantage of HIVENET cloud computing network is that it connects computers around the world in order to perform valuable computing tasks. With HIVENET, users and owners can easily earned money while still sleeping through renting it to users who had preferred to use it for scientific research
HIVENET cloud computing is more cheaper than the other traditional and local cloud computing. Just like we have known the cloud computing platforms like amazon to be charging exorbitant rate, HIVENET rate is very low compare to other traditional platform.
Consolidating blockchain innovation with HIVENET cloud computing makes numerous opportunities for progressively proficient management of important things.
For instance, a move to cloud computing innovation dealing with a hyper record framework would powerfully improve the currently used system, which currently takes three to six days to process. With HIVENET cloud computing network of hyper record blockchains, these exchanges could occur in microseconds.
HIVENET has developed and introduced its own blockchain which is more secured and designed with highly efficient Proof-of-stake consensus compare to other traditional network. This helps improving the speed and security of cloud computing
Point-to-point encryption helps keep information secure while it is in transit and when it is away. Blockchains of transaction are a safe method to help keep the exchange information and the ordering of the transactions. Powerful P2P dissemination of indistinguishable duplicates of the blockchain over a distributed computing system includes a third layer of security.
Dispersed information stockpiling is better than a solitary point information stockpiling plan that has a higher danger of an information rupture. Information records are broken into parts that are encoded and after that these pieces are put away in different hubs, maybe in numerous nations.
Benefits
Computer Owners
How many hours per day are you actually using your computer? Just imagine your computer earning you some profit during the rest of the day. HiveNet makes it possible by securely delivering valuable computing tasks of paying customers to your computer. All you need is a computer with an internet connection.
Customers
HiveNet is much cheaper than traditional cloud computing. How? Because many important cost levers that apply to traditional providers (e.g. Amazon Web Services) don’t apply for HiveNet, because it utilizes idle times of already available computers. So, there is no need to invest into new computers, housing and many other operational costs.
Crypto Traders
HiveNet has its own inherent cryptocurrency: the HiveCoin. HiveCoins are used to pay for computing power within the HiveNet. Hereby an ongoing demand for HiveCoins is ensured and will create one of the few cryptocurrencies with a real, fundamental value, which provides excellent short- and long-term opportunities for traders.
Nature
HiveNet increases the usage of available computers. Thereby less resources are consumed to build new computers and less electronic garbage is created. Also, the HiveNet Blockchain is using a highly economic Proof-of-Stake consensus mechanism, which is much more resource saving than most available blockchains.
Roadmap
Team
Dr. Maximilian Pinker: Chief Executive Officer
Dr. Andreas Bogner: Head of Technology
Qiao Pinker: Head of Finance
Evelyn Gu: Senior Marketing Manager
Debasis Ratha: Senior Software Engineer
Manish Chibba: Senior Software Engineer
James Lee: Software Engineer
Tatiana Tsutsor: Communication Specialist
Thomas Wunder: Communication Specialist
George Qiao: Multimedia Expert
Advisors
Dr. Matthias Besch
Sebastian Daschner
For More Information Click Link Bellow:
- Author: Bentadem11
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