Tech Start-Up Emeleum Developing the Future of Computing With Blockchain
Computing power and needs have grown exponentially in the last decade. As the needs for Big Data, Internet of Things, and Artificial intelligence continues to grow, so does the requirements for computing power, storage space, and security. This need is the fuel for the over $209 billion cloud computing industry. However, the current solution being offered by the industry is not the most efficient.
[Note: This is a press release.]
The future of computing is decentralization, one in which computers will not be a product that is brought, but a tailor-made and personalized service. Various Blockchain-based projects have sprung up to help usher in this future. However, their focus on just providing a part of this future’s the computing resources, such as CPU, GPU, RAM, and storage has failed to provide a fully working solution for global needs.
Developed by a team of visionaries in the fields of cryptography, cybersecurity, data science and high tech development, tomorrow’s computer will only require a screen and internet access to connect to a single platform: Emeleum. The platform will enable users to gain access to configurable modules for their computing needs and requirements. Additionally, the platform will automatically distribute computer resources to users using innovative modules, tailor-made for different types of uses and individual needs.
As the first marketplace for computing resources, working as a peer-to-peer network, Emeleum will open the door for tomorrow’s complex challenges, reinventing the ways computers are used. By assessing the exact need of each user, Emeleum will connect end-users, both private and businesses, to developers on the trustless, decentralized marketplace network called the Module Store. The Module Store provides both users and developers with access to computing resources.
Emeleum will provide developers an open-source platform for developing computers’ usage modules, enabling a better way to collaborate and Innovate. Developers on the platform can create modules for various types of computing needs and peg the cost of using these modules to the platform’s native token, EmelCoins. Users can securely purchase these Modules for their computing needs using the same EmelCoins.As security and Privacy are crucial to data management, Emeleum has developed additional layers of security in order to ensure user’s data and services remains completely private.
A typical use-case scenario on the network involves the user connecting to the platform and requesting for a machine learning module, which involves CPU and storage services. The module assesses the needs of the user in terms of storage and computation either for complex data modeling or graphical visualization. The user’s need and module assessment is communicated to the network, which will pair the information received with developed solutions offering the services required. The available choices and value in EmelCoin is then communicated back to the user. The user can then make their selection and provide compensation accordingly.
Emeleum’s project presentation was warmly received and strongly encouraged by both the community and blockchain pioneers such as Brock Pierce, Moe Levin, Mitchell Dong and Eddy Travia during a conference. Emeleum is now in the final steps of raising the first round of funds from supporters and participants looking to be a part of this revolutionary future.
By creating a unique ecosystem based on efficiency, security, resources synergy, unlimited power, immutable reputation system, personalized solutions and privacy, all on the blockchain, Emeleum’s highly scalable platform is prepared for tomorrow’s challenges.
Emeleum is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.
Images courtesy of Emeleum