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The potential of blockchain technologies is entirely dependent on how widespread this technology is in the world of ordinary people. The well-known growth of bitcoin in the winter of 2018 contributed to the release of this technology and attract the attention of the public around the world. But recently, bitcoin as well as crypto-currencies have gradually moved to the background and now it is the blockchain itself that has begun to arouse interest among investors.
Today the most used blockchains are Bitcoin and Ethereum, but they are not suitable for mass transactions. Today, they are used as a massive investment, but if blockchains are ever going to benefit the world beyond using their investment attractiveness, then new developments are needed that will allow them not to lose productivity with the growth of capacity. The $ 300 billion speculative interest is too huge a price to pay for a technology that is currently incapable of carrying out transactions on a free scale.
There is a trilemma of scalability V. Buterin, according to which the blockchains are able to have only 2 of 3 indicators: scalability, decentralization or security. Bitcoin and Ethereum were created primarily for decentralization and secure use, but they had to sacrifice scalability indicators (bitcoin 3 transactions/sec, Ether 12 transactions per second). This turned out to be a good way to promote the system, but as soon as the network begins to grow - there are problems. The solution was found! Today we will talk about a project that solves the problem of scalability without sacrificing decentralization and security.
DeepCloud AI is a decentralized cloud platform that, through its unique development and implementation of innovative AI technologies, will improve the blockchain technology, providing the highest possible speed and infinite scalability.
The development of the DeepCloud AI project is carried out by a highly qualified team of specialists with extensive experience, who are fans of the most innovative technologies today, such as blockchain, AI and decentralized cloud resources.
It consists of scientists, researchers, artificial intelligence experts, engineers and entrepreneurs who have been developing, implementing and promoting cloud computing technologies for companies such as Azure and IBM for more than a decade.
The need for decentralized cloud solutions
Currently, the IT-sphere is experiencing a real explosion of IOT integration, which began to actively enter into our daily lives.
Despite the fact that the first manifestations of the Internet of things are already visible (phones, smart watches, fitness bracelets), this technology is just beginning to gain momentum. According to research company IDC Corp. by 2020, there will be 200 billion Internet-connected things that will generate 44 zettabytes of data (one ZB equals a billion terabytes). For comparison, at present, the total quantity of digitized information in the world is estimated at 6.5 ST. In 2017, their number was 20 billion, and in 2015, the total number of IoT items in the world was only 5 billion. Thus, by 2020, the number of things interacting with each other will exceed the number of people interacting with things connected to the Internet.
To process this amount of data, new developments are needed, thanks to which the performance of the network will not fall with the increase in the number of users. Without it, technology cannot survive.
Main tasks and characteristics of Deep Cloud AI
Project developers are trying to change the situation. But instead of creating an unnecessary symbolic system or introducing another frivolous concept based on blockchain, they intend to prepare an infrastructure aimed at its use both today and in the future.
The it industry needs extensive computing resources to process and store data in traditional systems, not to mention long-term applications and other services.
To date, only a small part of blockchain projects and cryptocurrencies used as a means of payment can withstand the problem of scaling. In fact, this and other problems are taken for granted by the General public in the process of digital money development. The ever-evolving blockchain industry seeks to find a way out of such problems, opening a new era of decentralization and innovation.
Despite its growing popularity, Bitcoin processes an average of about 3 transactions per second, and Ethereum — 5. For comparison, the traditional centralized visa system is capable of processing about 24,000 transactions per second. This is primarily due to large investments in the infrastructure of traditional payment systems.
Despite the existence of many traditional cloud services, all of them are focused on centralized data storage and deployment of information systems.
Decentralized cloud computing infrastructure
According to the stated goals and objectives of DeepCloud, Her team focused on transforming the existing, time-tested concepts of cloud computing into a promising scalable system. This is achieved by using the three main components described in the technical documentation of the project:
Network user. People who use the services of the DeepCloud platform, using DEEP tokens to make payments. They are the main target audience. The platform will offer a huge number of services such as databases, software usage and computing power. All clients will be able to get individual AI-based functions when using computing resources.
Network member (host). People who provide resources on the network to other participants and get DEEP tokens for it. A network member must have a certain number of coins on his wallet to run nodes and provide services to users. Tokens will be blocked for the duration of the service. The higher the quality of services, the higher the rating of the participant and the amount of payment.
Network request. Each host has a specific state on the network. The controller sends requests to Network users. Some requests may have a higher level of complexity for networking. In this case, the controller allocates the requests to run on the chain side or the primary nodes. It also controls the process of planning the implementation of tasks to avoid dependencies between them. The controller stores the results and verifies in real time that each query is running in the correct cluster and is running according to the specified requirements.
It should be noted that prior to the development of the project DeepCloud his team of developers has spent several years on the creation and verification of operational services and platforms, and then started to work in the field of blockchain technology. The new platform will work with consumer categories that use IaaS, the app market, and developer communities that use cloud resources to store and process information.
Marker deep
The key to the planned cloud infrastructure ecosystem is the DEEP token. There are several ways to use the coin on the DeepCloud platform:
Users will be able to obtain tokens DEEP in three ways:
participation in ICO;
purchase on cryptocurrency exchanges;
earnings for services provided within the framework of the platform.
Road map
2018
July - testing of the platform pilot project;
August - the first live testing of the project with decentralized applications (IoT, dApps);
III quarter-launch of the final version of the platform and formation of a team to support full-scale development and testing;
IV quarter-implementation of web application support.
2019
The first quarter — the beginning of the use of these dApps like video processing using the technology of AI;
Second quarter-development of global partnership, launch of the application;
III quarter - expansion of fault tolerance of the system to support corporate clients;
IV quarter - start of investment in research and development, development of the development community and ecosystem to create decentralized applications, the formation of a Fund to support and encourage new active participants.
Period and conditions of Deep Cloud AI ICO
Official website: https://www.deepcloudai.com
The sale of DEEP toknow will take place in three stages: private, presales and basic. The dates of their organization are not set at the time of writing.
The team of Deep Cloud AI creates a really grandiose project in its idea and scale, which is able to make a revolutionary breakthrough in the blockchain industry, making it as convenient as possible for all people on the planet. It expands the scope and gives new opportunities to use blockchain-based cloud computing in the future. This project, thanks to its innovative solutions, will help the crypto-currency industry to gain a foothold in most existing markets and completely modernizes the Blockchain industry.
The project really deserves attention, it has a highly qualified team, good ratings and strong partners. I do not doubt the success of this team!
DeepCloud will allow all its users to get the most from the applications deployed on its base, improving any business model.
For more detailed information you can follow the links below.
