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

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.

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.

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

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.

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.