Titan ABSTRACT:
Titan understands the need to help small businesses and enterprise access technological scalability to leverage the benefits of machine learning and has set out to develop unique solutions addressing matters of infrastructure for companies of all sizes. This can be accomplished by leveraging blockchain and cryptocurrency to create a distributed cloud computing network.
Titan will leverage the power of the shared economy. With its unique business model, Titan plans to match suppliers and consumers of computing power across its network.
Titan AND Blockchain:
Network providers simply need to purchase tokens, earning them a designation as Titan's resource supplier. Titan Autonomous will then know exactly how much computing power you are offering to the network. Titan will also be able to calculate appropriate token rewards by tracking your computer's availability. Even if their resources are not being used, participants will be rewarded. This incentivizes participants to leave their resources on the network at all times. It is Titan's responsibility to keep utilization high - not the participants.
Blockchain is a powerful tool that offers a secure and immutable way to capture transactions and track assets on a digital ledger.5 It also greatly increases efficiency for business processes within Titan, for customers and for participants.
The end result will be a model where all stakeholders within the ecosystem will receive what they pay for and what they expect - minimal wasted effort in a synchronized business model. The blockchain is absolutely the best tool to manage transactions on the Titan network.
ExecutiveSummary:
Whether you are a cryptocurrency miner facing diminishing returns, or a gamer with idle computing power available, your technology investment can earn revenue for you as a resource service provider for Titan.
Infrastructure As A Service:
Titan plans on expanding this proven model to infrastructure and lower the cost to the end user by distributing the network across thousands of existing disparate computers. Infrastructure as a service (IaaS) is already available in the marketplace. Several well-known technology companies already offer access to their warehouses full of computers. But those companies pay for construction, equipment, electricity, highly skilled human resources, HVAC, etc. and must pass those expenses through to the end-user.
Titan's network participants will increase utilization of existing hardware by offering their idle resources to the network. They make money and the endusers save money. A very clear win-win for all parties.
Most of us are familiar with the acronym (SaaS) for software as a service, i.e., Microsoft, Adobe Creative Cloud, Google G Suite, etc. Almost any business has to purchase technology and many have found the efficiencies of buying only the bandwidth they need to operate. Buying software applications, cloud computing, etc. from third party service providers has proven to be a much more cost-effective use of resources and often eliminates the need to hire inside technical support staff.
ExecutiveSummary:
Titan's distributed computing network (DCN) will help solve these issues by leveraging the power of the shared economy. By linking thousands of privately-owned computers via idle CPUs and GPUs across the globe, Titan aims to harness a massive amount of available computing power, and in the process, create new, competitive revenue streams for the owners of these assets while providing businesses with affordable cloud computing solutions.
As a result, demand for AI computing power is outstripping supply with current usage. Without major changes in the AI Computing trendlines, the trend becomes unsustainable within 3.5–10 years. Large investors and users like the US Government and private businesses (Amazon, Google, etc.) will control more and more of available computing power. Small businesses will have little hope of accessing affordable computing power in necessary quantities.
Titan And Cryptocurrency:
And when net proceeds from operations are generated, Titan may offer additional rebates through Ethereum airdrops to assist its network with equipment upgrades and expansions. Ethereum is a well-established cryptocurrency that can be traded on many exchanges and since Titan will be running on the Ethereum network, we intend to offer this rebate opportunity. It is a way to express our belief that we are all in this business together. It is also a way for Titan to reinvest in the network itself.
Machine Learning:
It is easy to see how there is a direct correlation between levels of investment into AI and lowering labor costs for most any industry. The problem is most small and medium sized businesses lack sufficient resources to capitalize on this opportunity. That is where Titan is the solution. Titan will become the bridge to realize the benefits of the AI revolution. Titan was designed to help small businesses and enterprise access technological scalability to leverage the benefits of machine learning.
With adequate investment and support, we believe, AI could free up 30 percent of the government workforce's time within five to seven years. Lower levels of investment and support would yield lower savings, of course: Minimal investment in AI would result in savings of just 2 to 4 percent of total labor time.
Customer Strategy:
An enterprise solution where businesses can access exactly the amount of cloud computing power they need, when they need it, is what Titan will provide. There is no Bid/Ask model that creates variable pricing and availability. Rather, you just take as much of the provided network as you need for as long as you need it. And if the need changes up or down, the network will adapt instantaneously. Always on and always on demand.
Titan was born from a need to help develop artificial intelligence-based solutions. AI has already shown to be a powerful tool for many entities. Weather prediction, simulated warfare, cancer research, etc. have all been assisted by machine learning projects. AI can help business and industry as well. Market predictions, demand sensing, energy exploration and many other applications can be developed to the benefit of us all.
However, there are hurdles to overcome. Any well-developed AI must be taught by humans and machine learning takes quality data sets and massive amounts of computing power. Industry experts can usually identify and create the best data sets by which to manage their own industries, so that leaves computing power.
ANN: https://bitcointalk.org/index.php?topic=5058049.msg47306702#msg47306702
WEB SITE: https://www.titanautonomous.com/
WHITEPAPER: https://titanautonomous.com/whitepaper/titanwp.pdf
Facebook: https://www.facebook.com/TitanAutonomous/
Twitter: https://twitter.com/TitanAutonomous
Telegram: https://t.me/titanautonomouscorp
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Medium: https://medium.com/@titanautonomous
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