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Your unused computing power and storage is valuable. Sell it. by hatu

View this thread on: hive.blogpeakd.comecency.com
· @hatu · (edited)
$121.76
Your unused computing power and storage is valuable. Sell it.
<center>http://kc-communications.com/wp-content/uploads/2014/11/Bored.jpg</center>

About 12 years ago, a guy called Drew Houston was on a bus and wanted to access some files on his laptop. He then realized that he had them on an external storage, but he wished how good it would be if he could access his files even if they are in an external storage. He decided to mold his original idea into an external storage service and pursue the new concept. *DropBox was created.* 

<div class="pull-right">https://www.storagereview.com/images/private-hybrid_management-as-service.png</div>

For those of you who are unfamiliar with DropBox, it’s a company that offers **cloud storage, a service which allows users to store their data on a company’s servers for a fee;** this data can be accessed through applications or dashboards provided by the company. Companies like **Amazon, Apple, Google, and Microsoft all offer such a service.** 

The interesting thing about cloud services, including storage, is that there’s a good chance that just about **every person reading this article has the ability to participate in the market but can’t.**

<center><a href="https://www.coincurb.com/news/" target="_new"><img alt="" border="0" src="https://steemitimages.com/450x450/https://cdn.steemitimages.com/DQmcF7Jxf1gdX7NFUrNZzSkJbnKGCRKgrQKjZFEoMJoNNpd/image.png"/></a></center>

**That’s a pity** because the cloud computing market is worth hundreds of billions of dollars. 

<center><h1>It’s huge, but you’re excluded.</h1></center>
Cloud computing is a **brilliant concept** for major tech firms. Most of them possess an incredible amount of computing power and storage space. Quite often, a **portion of these resources go unused** as these companies by enough storage to ensure all unexpected traffic can be supported **at all times.** 

Thus, these companies sell the ability to access some of that computing power or storage space. Something that used to be **an expense has now become a major revenue source;** in case of Amazon, it’s the key source of profits as their cloud services division, AWS, repeatedly earns a multiple of what the company’s e-commerce platform earns. 

# A Unique Monopoly 
A company or group of companies are deemed a monopoly if they are the only ones that can sell a product of service. You, right now, probably have **excess computing power or storage** which could be used to bring you a **passive income.** However, **you cannot participate in this market.** 

<div class="pull-right">http://www.pngmart.com/files/7/Digital-Marketing-PNG-Background-Image.png</div>

Not all monopolies exist because of government restrictions or corrupt social systems. Tech giants enjoy technological monopolies, which are earned through technical superiority over new market participants. Additionally, they are collectively able to build an oligopoly through their existing market reach and network. 

In the cloud computing space, **virtually every person can be a market participant.** However, no individual has the ability to out-market or out-network companies like Amazon or Google. Thus, by virtue of their reach, they are the dominant players in one of the largest and fastest growing markets in the world; a market which, oddly enough, can support **competition from anyone who has access to a basic laptop.** 


<center><h1>Things needn’t be this way.</h1></center> 
A large number of startups are trying to build decentralized networks for various purposes. However, the **cloud computing is a very organic front for blockchain technology.** 

Given that blockchains thrive on the **network effect** and that cloud computing services can be **provided by anyone,** the development of a **decentralized network for cloud computing services is a very logical pursuit** that an upcoming startup is pursuing. **DeepCloud AI** is approaching the Cloud market with the intent of delivering finalized products that thrive from the benefits that blockchain technology can provide. 

<center><a href="https://www.coincurb.com/news/" target="_new"><img alt="" border="0" src="https://steemitimages.com/450x450/https://cdn.steemitimages.com/DQmcF7Jxf1gdX7NFUrNZzSkJbnKGCRKgrQKjZFEoMJoNNpd/image.png"/></a></center>

*This is a very long piece. If you prefer visual content over written content, you can watch the following video as it captures the key concepts of DeepCloud AI.*

<center><iframe src="https://player.vimeo.com/video/315021873" width="640" height="284" frameborder="0" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>
<p></p></center>

# Integration of AI 
Artificial intelligence is a good buzzword these days but there are operations in which algorithms can prove to be the key to success. **DeepCloud AI aims to integrate artificial intelligence in the resource matching and optimization protocols of its network.** Thus, using the service becomes easy and convenient. 

<h3>Efficiency</h3> 
As major tech firms’ cloud operations provide services from a centralized group of servers, they can easily optimize resource allocation. This, however, would be a key problem in a decentralized network. Given that **the Cloud would draw computing power and storage from a vast and far-spread network of providers,** matching clients with optimal supply would be an incredible challenge. 

<div class="pull-right">https://www.icohotlist.com/wp-content/uploads/2018/11/deepcloud.png</div>

**This is a problem AI integration can solve.**

DeepCloud AI’s strength lies in its technological edge. It aims to utilize **algorithms to match resource providers with the optimal resource consumers**. Thus, the network is able to not waste resources while providing clients with a better experience. This is the **epitome of efficiency.** 
Resource allocation at such a high scale is not possible by human means. Thus, the network will evolve algorithms to fulfill this feat. 

# Low Latency 
A key factor of a **decentralized network of computing power and storage** is that resources can be fed to the network from all over the world. This is an incredible value additive for certain resource consumers. 

**Latency, which is the delay in data transfer after an instruction has been given,** can be reduced to incredibly low levels if resource consumers get a supply close enough to the location of need. Such a service provision provides **the highest quality of edge computing.** Governments, enterprises, and even individual developers who need to operate with edge computing will be able to search for and utilize computation (or storage) resources as close to their point of need as possible. 

<center><a href="https://www.coincurb.com/news/" target="_new"><img alt="" border="0" src="https://steemitimages.com/450x450/https://cdn.steemitimages.com/DQmcF7Jxf1gdX7NFUrNZzSkJbnKGCRKgrQKjZFEoMJoNNpd/image.png"/></a></center>

DeepCloud AI is utilizing the collective value of a decentralized network to gain a competitive edge that centralized service providers can never have. 

<h3>Made for Utility</h3> 
A Cloud computing service can certainly capture a demand through price competition.

<div class="pull-right">https://steemitimages.com/130x130/http://www.asiarfid.com/image/catalog/BLOG/2018-1/iot-4.png</div>

Beyond price competition, DeepCloud AI can compete by fulfilling a growing demand of edge computing. The **IoT market is expected to grow beyond a trillion dollars** soon and applications within this market can greatly benefit from edge computing providers. With its decentralized network, DeepCloud AI can fulfill the **demands of the growing number of IoT applications** that are particularly in demand by local governments’ municipal offices and by enterprises aiming to penetrate rural locations. 

<center>
https://cdn.steemitimages.com/DQmaQhoPrKux7hnWWV5CafJgpoc39W1BGzoppGp7MkBbbjP/Flow.png
</center>

# Fueling the IoT Boom

DeepCloud AI will leverage its ability to provide **low latency in edge computing** to help build the smart cities of tomorrow. The vast portion of centralized cloud providers are located in tech hubs or megalopolises. Technology, however, is **moving forward across the globe** and to fulfill the advancement in smart infrastructure at a massive scale that penetrates all regions of the world, **optimal edge computing services will be in critical demand.** 

**DeepCloud AI has already presented a demo of its ability to fulfill the demands of edge computing consumers.**

<div class="pull-right">https://www.xenius.in/wp-content/uploads/2017/05/smart_city-1-1.png</div>

A decentralized cloud network can provide cities with the computing resources and storage needed to carry the city’s technological infrastructure forward; it can enable them to integrate IoT services without concerns of computational collapse. While this is a major utility of a decentralized cloud network, the founders of DeepCloud AI have presented other highly successful utilities. 

There is one utility a decentralized cloud network can provide that is increasingly in immediate demand by individuals, companies, and governments alike. **The content you are reading right now is likely being delivered to you by a CDN,** short for Content Delivery Network. 

<h3>Immediate Use</h3>

When you consume any content, it can be delivered to you through two sources: the company’s own servers or a regionally located CDN. The **CDN makes it possible for the content to be delivered at a much faster rate while improving both the quality of content and the audience’s experience.** Almost every major website, application, or DApp uses a CDN, and the smaller ones are simply unable to use it due to cost. 

<center><a href="https://www.coincurb.com/news/" target="_new"><img alt="" border="0" src="https://steemitimages.com/450x450/https://cdn.steemitimages.com/DQmcF7Jxf1gdX7NFUrNZzSkJbnKGCRKgrQKjZFEoMJoNNpd/image.png"/></a></center>

**CDNs are essentially localized servers which retain a cache of clients’ content** and simply route the delivery of content from themselves rather than the company’s main servers. This allows CDNs to deliver content better to regions farther from content providers’ servers. However, the **quality of service of CDNs can be improved by magnitudes if a decentralized network functions as a CDN.** Rather than having one CDN for, say, all of Latin America, there could be many in each town in each country in Latin America. 

*The unused supply of resources in any home across the world can be used to power the most effective CDN network ever imagined. More on this in the video below.*

<iframe src="https://player.vimeo.com/video/315070781" width="640" height="480" frameborder="0" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>

# Integrated Marketplace 
Given the amount of computational power and resources that will be available on the network, there’ll be an innate need for a marketplace. DeepCloud AI thus integrates a marketplace to facilitate the purchase and sale of the computational power and storage. 

Thus, the development isn’t for just a network, but also to **build the market to draw capital into the network.** Users across the world will be able to tap into the network and the subsequent marketplace.  On the other hand, resource consumers will be able to easily access the marketplace to purchase and acquire the computing power and storage they need. 

The facilitation of resource management will be handled by DeepCloud AI’s matching algorithms. Thus, the process of **acquiring and utilizing the resources will be a seamless process** as the resource consumers—enterprises, governments, or individual developers—won’t need to expense time or capital to properly allocate the purchased resources. 

<center>https://cdn.steemitimages.com/DQmbqxJC4TxmW4pAM31BEmoMRbsgFYRu27STgJtbVjJqZwd/Graphic%201.jpg</center>

# Beyond Computing Power and Storage 
While blockchain technology will enable decentralization of the cloud network, it will also provide the means to provide applications that integrate the system’s technology. 

<div class="pull-right">https://i.stack.imgur.com/BneeU.png</div>

DeepCloud AI, thus, is building more than just the Cloud network. Its own blockchain will **facilitate the infrastructure for the transactional throughput and scalability** needed for the wide market it aims to serve. Moreover, as the system won’t serve only large suppliers and buyers of computing resources, a **DAG layer will be implemented atop the blockchain to handle smaller transactions.** Such a technological infrastructure can allow the network to fulfill maximum usage from both the supply and demand sides. 

<center><a href="https://www.coincurb.com/news/" target="_new"><img alt="" border="0" src="https://steemitimages.com/450x450/https://cdn.steemitimages.com/DQmcF7Jxf1gdX7NFUrNZzSkJbnKGCRKgrQKjZFEoMJoNNpd/image.png"/></a></center>

Beyond internalization of the transactions, the blockchain will enable an additional suit of utilities by providing audit trails for transactions, fraud detection, a consensus model, and more. 

<h3>Secure Transfers</h3> 
An additional benefit of blockchain technology that gives it such an incredible appeal even now is its security. Specifically, DeepCloud AI’s blockchain will enable the **creation of a secure data transfer system.** This can pave the path for powerful application development that integrates the benefits of a decentralized cloud system and blockchain technology. 

<div class="pull-right">https://steemitimages.com/200x200/http://www.pngmart.com/files/7/Transfer-PNG-Photos.png</div>

**DeepTransfer, a blockchain-secured data transfer channel,** will be able to utilize DeepCloud’s infrastructure to move files securely. In the wake of the data breaches being witnessed these days, data security is a growing concern. Both consumers and enterprises are seeking a means to secure their information. 

DeepTransfer’s **free version will be a valuable data transfer option for the masses and the Premium version, which allows a larger capacity of data transfer, will suit the needs of enterprises** while ensuring the system is able to draw in capital from them to support the community of resource providers. 

DeepTransfer’s pro version is already being trialed by some of the DeepCloud AI’s clients. This shows that the startup has **delivered a functional product built atop a decentralized, blockchain-enabled infrastructure** that provides desirable value-additives that are currently unavailable in the market. 


<center><h1>Essential Links</h1></center>
🌐 Website: https://www.deepcloudai.com/
💡 Whitepaper: https://www.deepcloudai.com/paper/Whitepaper_DeepCloud_AI_Version1_01_ENG.pdf
💻 Telegram: https://t.me/deepcloud_ai

https://steemitimages.com/0x0/http://www.pngmart.com/files/3/Horizontal-Line-PNG-Photos.png

**Connect with me:**

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vote details (437)
@aple ·
this is a topic that is difficult to exhaust ... very broadly described a lot of topics even touched on the subject of data security ... congratulations ... I would not diminish this unit that is a man and his laptop, it is impossible because the need for data storage is too huge no-one serious players do not need a small space and the computing power in home computers is too small not to mention data coding, it would take too long ... you could still write and comment, but I do not have time ... I'm really under the great impression of your effort, how much time did you spend to prepare it, read it with interest and I think that it is worth voting and sharing .... all good from @aple
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@hatu ·
It took a lot of time to make this piece, but I am proud of it.
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@aple ·
thank you for professional blog ... you are really greate ... post interesting and useful... worth voting and restrem
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@arcange ·
Congratulations @hatu!
Your post was mentioned in the [Steem Hit Parade](https://steemit.com/hit-parade/@arcange/daily-hit-parade-20190202) in the following category:

* Pending payout - Ranked 2 with $ 126,98
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@arifullah ·
What's your experiance says about bitcoiin (B2G)
👍  
👎  
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vote details (2)
@hatu ·
None, sorry.
👍  
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vote details (1)
@bernard4ve ·
$0.03
@hatu, this is wonderful. I always believed in thought, how it can be developed and of course, the creator has given us everything and we seemed to limit ourselves by not living fully. Technology is one of the means which humans can actualized  their dreams, visions and desires and many more. Thank you very much @hatu.
👍  
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vote details (1)
@bitcoinflood ·
$0.05
Have u looked into gridcoin they have been providing rewards for ur computing power for years

Posted using [Partiko Android](https://steemit.com/@partiko-android)
👍  ,
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vote details (2)
@hatu ·
I have heard of it. However, it funnels the resources towards 1 end. 
DeepCloud integrates a spot market for all.
👍  ,
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vote details (2)
@bitinvdig0 ·
$0.08
Shared economic is the future.
Great ideas.

Posted using [Partiko Android](https://steemit.com/@partiko-android)
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vote details (6)
@hatu ·
Yes, and this brings a new perspective to the table.
👍  
properties (23)
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vote details (1)
@cata25 ·
$0.06
What about viruses, trojans, spyware ?
👍  , , ,
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vote details (4)
@hatu ·
I cover that here: https://steemit.com/bitcoin/@hatu/the-importance-of-decentralized-cloud-computing
👍  
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vote details (1)
@chunkysoupsvc ·
$0.07
I remember when Drop Box came out. I knew with its success that other cloud uses would take off. I'm glad it did so well. This deepcloud looks interesting but I will have to take a "deeper" look ;)
👍  
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vote details (1)
@hatu ·
Haha, I see what you did that. 
But yes, cloud computing is definitely a booming market.
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@chunkysoupsvc ·
$0.06
The first few companies (like deepcloud) that take advantage of this type of tech and computing pooling, beyond just cryptocurrency, could possibly make a difference while making a nice chunk of profit.
👍  
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vote details (1)
@hatu ·
The best part is that the capital inflow is shared with the nodes that provide the resources.
properties (22)
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@citizenkane ·
$0.06
Hi Hatu and thanks for an interesting article. It is always worth it to check out your thoughts about crypto.

I think the use case of sharing power could be one of the best for crypto. The biggest project right now as far as I know is Golem. It should still be limited in its usecases as of today but the plan should be to expand on that. I am not invested in it myself but as I said, I really like the idea.

How do you weigh the pros and cons of a very ambitious new project vs one that currently is focusing on a few cases but that is better established?

Posted using [Partiko Android](https://steemit.com/@partiko-android)
👍  , ,
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vote details (3)
@hatu ·
I cannot say whether Golen is better established. The projects that are able to roll out adoption at a greater pace would be the ones to scale their growth. 

As of now, I know DeepCloud has clients for DeepTransfer. That's a strong start. If their AI can seamlessly allocate resources, then we're off to a new era of cloud computing. A good UX during the user shift is off essence. 

You're welcome to detail Golem's development as I have only kept up with it on a topical level.
properties (22)
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@cryptoandcoffee ·
$0.10
Hi Hatu. I had no idea how Dropbox came about and now I do. Funny how a thought can transform your life and you have no idea how life changing it can be.
👍  , , , , , , , ,
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vote details (9)
@hatu ·
A true Eureka moment!
👍  
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vote details (1)
@cyberblock ·
$0.10
Isn't this the same thing as siacoin for storage and sigularityNET for cloud computing? There are others like deepbrain chain...
👍  , , , , ,
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vote details (6)
@hatu ·
All in one, far more scalable due to the DAG layer, and resource allocations through native algorithms.
properties (22)
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@dkurani ·
$0.06
I am mining ETN(Electroneum) in my Android mobile to use the unused computing power and earning little bit but enough to pay my mobile bills partly
👍  
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vote details (1)
@hatu ·
That is awesome! 
Hopefully you can allocate resources in your other devices via DeepCloud.
properties (22)
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@ejder329 ·
$0.15
Great ideas.
👍  , ,
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vote details (3)
@hatu ·
Thank you.
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@eliasgerald ·
$0.06
@hatu this looks interesting I hope it will be a success like dropbox

Posted using [Partiko Android](https://steemit.com/@partiko-android)
👍  
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vote details (1)
@hatu · (edited)
Fingers crossed. :)
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@farizal ·
$0.07
Dropbox could just fork Sia coin and make it better.

Posted using [Partiko Android](https://steemit.com/@partiko-android)
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vote details (4)
@hatu ·
That's a very interesting proposal. 
Though, I feel the reason may be that existing cloud enterprises have built centralized stacks, which have cost billions. It's a very dangerous move for them to shift so suddenly. 

It leaves room for new startups, like DeepCloud AI, to bring the novel solutions.
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@fiveart ·
$0.06
What about Storj?
👍  
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vote details (1)
@hatu ·
Just file storage; cloud technology covers much more. It also lacks the AI solution to allocation.
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@freshindia ·
Can we use our normal laptop Foy this

Posted using [Partiko Android](https://steemit.com/@partiko-android)
properties (22)
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@hatu ·
Yes. :)
properties (22)
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@ikkelins ·
Great write up mate, you are very good in breaking down some of these advanced technologies to the understanding of laymen. If blockchain technology is ever going to be fully adopted then i guess we need writers like you out there in masses!

You always nail it bruh, 
Keep it up
properties (22)
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@jmjury ·
$0.05
I would definitely give this a try. When will the free version be launched?

Posted using [Partiko iOS](https://steemit.com/@partiko-ios)
👍  , ,
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vote details (3)
@ligayagardener ·
$0.07
Just signed up to deepcloud. We'll see what happens

Posted using [Partiko Android](https://steemit.com/@partiko-android)
👍  ,
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vote details (2)
@hatu ·
There has been good progress in the development; now, they intend to extend its utility.
👍  
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vote details (1)
@ligayagardener ·
I haven't read the whole site yet but I'm wondering how we can allocate our computing power. Will it be an easy interface like Boinc?

Posted using [Partiko Android](https://steemit.com/@partiko-android)
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@lordbutterfly ·
$0.06
How do they protect themselves from me just deleting the files?
👍  
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vote details (1)
@hatu ·
Files are encrypted and key-enabled permissioned access is needed to delete or access them. Benefits of the blockchain.
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@lujosag ·
Luce interesante este proyecto de servicios de computaciòn en la nube, dado su poder de almacenamiento de informaciòn y a la descentralizaciòn con apoyo de la tecnologìa Blockchain.
properties (22)
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@margbarrutti ·
$0.02
Shared economy has a high potential for the future
👍  
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vote details (1)
@hatu ·
Certainly!
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@olivia08 ·
$0.06
It's a great move, keep it up.

Posted using [Partiko Android](https://steemit.com/@partiko-android)
👍  
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vote details (1)
@hatu ·
Thank you. :)
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@omrfrq18 ·
Interesting opportunity. Thanks for this post.
properties (22)
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@onealfa ·
$0.14
Every day brings something new. Today I learned about DeepCloud AI.
About something  I had no idea just one day ago.

Thanks
👍  , ,
properties (23)
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vote details (3)
@tokpie ·
Thank you for the one more article about how to get money.

Another way to is to get Ethereum instantly (not just tokens) by making articles, videos, and other commonly used bounty tasks in projects listed on Tokpie platform.
properties (22)
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@tramelibre ·
$0.06
Saludos @hato! El mercado exige cada día que los productos y servicios mejoren sus capacidades, y de esta situación no se escapa el almacenamiento de datos. 
<p>
Estos procesos deben garantizar su constante evolución, por medio de la adopción de las nuevas tendencias tecnológicas, que generen valor agregado al servicio prestado. 
<p>
La dificulta para las empresas emergentes en el presente es tener la capacidad disruptiva  para afrontar y asumir los cambios, por esto vemos como los monopolios se hacen fuertes.
👍  ,
properties (23)
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vote details (2)
@hatu ·
Bien dicho. Sin embargo, las nuevas empresas tecnológicas son más ágiles y pueden aplicar más fácilmente nuevos conceptos, como es el caso de DeepCloud AI.
properties (22)
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@viceversas ·
$0.02
Yes Sir / Si señor
👍  , , ,
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vote details (4)
@vipuldeshwal12 ·
$0.06
Well done @hatu great going on..
👍  
properties (23)
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vote details (1)
@vishalhkothari ·
Mining through Computer or Mobile will help people to use the unused computing power and sharing your unused storage for some bucks will help you..

to do so you can...

* Start a server
* Mine some small cryptos like ETN - https://www.electroneum.com
* Sell your computing power to the websites like ---- Slicifiy (https://secure.slicify.com/sellers.aspx) 

Thanks for posting this post as actually I was planning to light this matter at my blogs.

> Visit my     &nbsp; <a href ="https://m.youtube.com/channel/UCAe0qnE5afkhbFznE5l7y2Q"> youtube </a>channel to get information in tech, gadgets, food and travel...

----
*Posted using*   &nbsp; <a href="https://play.google.com/store/apps/details?id=com.supersteemian.app">**Supersteemian** </a>**Android Application**.
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@willwalker ·
I've been selling my unused cpu storage for a while now :) Nice source of passive income
properties (22)
authorwillwalker
permlinkre-hatu-your-unused-computing-power-and-storage-is-valuable-sell-it-20190204t161617739z
categorybitcoin
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created2019-02-04 16:16:15
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