Today we live in an internet driven society. Internet has become an integral part of our life. Our every task depends on internet and without internet we can't live. Today every technological devices are connected with internet, known as IoT (Internet of things). With IoT our life becomes more advanced and easier. IoT collects more data to serve us better and thus the IoT data market is increasing at 19.92% rate every year and is expected to cross 8.9 trillion USD by 2020.
Our today's technology needs much more improvements, it only process the small amount of centralized data. It is still not capable of processing large amount of data required for IoT and Artificial Intelligence. Along with this the today's technology is not able run decentralized applications. Which is a huge setback, as blockchain technology will be the future our technology.
Thus it is necessary to create a decentralized platform which effectively process the data with artificial intelligence for IoT applications. Thanks to DeepCloud AI, which provides solution to the above mentioned problems with its innovative solutions.
Project objective
The main aim of the project is to create a decentralized AI driven cloud computing platform which is capable to run decentralized applications. Thus by democratizing the cloud computing resources, provides an equal opportunity for creators.
Principle of operation
DeepCloud AI platform is committed to provide wide range of solutions. And the use case areas include:
• with the help of artificial intelligence and IAT sensors to build infrastructure for smart cities;
• in the supply chain, for the tracking of goods with detailed information such as transaction details, audit trials and temper proof security for consignments;
• ₹DeepCloud AI's decentralized solution help TV service providers to broadcast on demand media streams such as Football and Olympic games;_
• to provide data security for IoT applications with AI algorithms;
With DeepCloud AI the cloud computing becomes more scalable and usable. In order to achieve this DeepCloud implements several components which are:
• users are the main consumers of the network. Users have to pay in DEEP tokens for accessing the cloud services, data storage and using cloud computing for running softwares.
• Network nodes are the service providers. For providing the service they will receive DEEP tokens. Each network node memeber will be required to have certain amount of DEEP tokens in his account before providing the service. These tokens will be locked until the node task completes. After the completion of the task these tokens will be unlocked and the reward will be distributed to the network memeber. Token reward amount depends on the quality of service provided.
• Each network requests (network users) will be assigned by controller to the nodes. If the requested network has more complexity and difficult to run on the network then the controller will allocate these requests on the sidechain or master node to run. The controller also verifies the execution of each request and all the requested results will be saved.
The DeepCloud AI uses DEEP tokens for all the platform operations. These tokens will be used to pay for network services, performing the tasks etc.
ICO details and timelines
• Token ticker: DEEP
• Total tokens: 80 million
• Token price: $0.25
• Hardcap: $15 million
Token distribution
Conclusion
There is no doubt that DeepCloud AI will make cloud computing scalable and easily accessable. Thus implementation of blockchain for cloud service makes it more advanced and adoptable. These kind of projects needs much public attention.
Learn more about DeepCloud AI:
Website: https://deepcloudai.com
Read Whitepaper: https://www.deepcloudai.com/paper/Whitepaper_DeepCloud_AI_Version1_00_ENG.pdf
Telegram: https://t.me/deepcloud_ai
Facebook: https://fb.me/DeepCloudOfficial
Twitter: https://twitter.com/DeepCloud_AI
Medium: https://medium.com/@DeepCloud_AI
LinkedIn: https://www.linkedin.com/company/deepcloud_ai/
Reddit: https://reddit.com/r/DeepCloudPlatform
YouTube: https://www.youtube.com/channel/UCsFttSUlJuYbDvAiED_MlRg
GitHub: https://github.com/DeepCloud-AI
About Author:
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ETH address: 0x96e95a1F40cf5a50178053740ADE18046815362d
