The Cloud Computing market continues to grow every year with various market needs that continue to increase with the times. More than 5.3 Billion Internet users today make the Internet a basic necessity for everyone, According to this Report, Traffic will be dominated by Cloud Computing in the next 1-2 years which will provide a new era which introduces a new, reliable system. IoT and AI are among the powerful technologies that are the basis of these things as well as Blockchain technology. CUDOS is one of the innovative projects connecting Blockchain to the Global Cloud Computing market.

What is CUDOS?

CUDOS, a new innovative project that develops a scalable Global computing network Ecosystem connecting the Blockchain Market with various parties in the Global Cloud service market. They are developing a new Ecosystem that utilizes Blockchain Technology as a framework for any person or entity to monetize their idle computing resources and offer it to the Global Computing Network market. CUDOS offers a new, powerful innovative concept by offering a new system that allows anyone to generate Passive income from their Idle Hardware automatically and continuously, efficiently utilize their spare computing power and provide instant ROI at a fair rate. Their ecosystem is a bridge for Blockchain Developers to access Oracle computing, Companies or Entities to obtain on-demand computing services that are cheaper and more flexible than those offered by Cloud providers or other parties who can offer their hardware for rent computing services through the CUDOS Ecosystem. This creates a Competitive Computing market flow that offers new, more effective markets.

CUDOS sees a clear need for scalability solutions that incorporate Blockchain technology into the Global Cloud Computing market, enabling Blockchain to be massively adopted with new, more flexible solutions for various sectors especially the Cloud sector to continue to push this field forward. The cloud market is currently dominated by centralized cloud service providers, problems on the supply and demand side are hindering the growth of the cloud computing industry due to the monopoly system that occurs, Blockchain Technology encourages businesses to more efficient and flexible solutions with more transparent systems. Currently the cloud market is very large and the market flow is very unhealthy, various companies spend more than 20% to rent services to the cloud providers who are monopolizing it.

Demand continues to increase but supply is constant, giving providers the opportunity to monopolize this market at unreasonable costs with unsuitable services. Basically, building a data center is very expensive and this has an impact on consumers with too expensive service fees and poor optimization. CUDOS provides a solution by creating a new ecosystem that allows small service providers to compete globally and gives its consumers the option of renting cloud services fairly using Blockchain technology.

Solution

CUDOS provides a solution for the Global Computing market with CUDO a scalable computing platform using Blockchain technology to provide secure layer 2 computing capabilities via blockchain as well as layer 3 to enable users to perform all types of computing work, by integrating its cloud solution into the Blockchain. The CUDOS network provides layer 2 to various Blockchains to simplify the process, consisting of a set of smart contracts that act as computational forecasts that run automatically without the need for third parties, Linking Blockchain technology to secure external sources in a decentralized way into the Distributed Ledger, Enabling Smart Contracts perform the off-chain computing process.

They are creating new markets by using Blockchain Technology, providing places for companies and individuals who have surplus computing power by enabling them to become cloud service providers, and companies / users who need cloud capacity will have access to new and better markets, which will allow them to discover the Cloud Service at a more competitive price. This making a new market for more efficient computing power with a better ratio than traditional markets.

CUDOS Benefits

Their ecosystem offers benefits to all parties without exception, providers who can offer their services at competitive prices and compete with global providers and consumers with cloud services that are more effective with reasonable prices and flexibility. By utilizing Blockchain Technology, everyone can optimise workflows, improve decision making, and minimizing errors.

Core Features

AMD SEV

Secure Encrypted Virtualization, Encrypted Through Hardware When Validating on the Network. AMD SEV uses a unique memory encryption key for each process on the Network, CUDOS Ecosystem use Blockchain & AMD SEV Combination, enabling a more secure and encrypted process at lower costs.

Marketplace

CUDOS allows developers to choose a Cloud Virtual Network where they want to do their job CUDOS their ecosystem, through off-chain integration of Smart Contracts to perform the compute process. Developers can also choose code from various projects in the ecosystem or get incentives from the code they create through the marketplace. Enabling effective monetization flow that provides Fair Incentives to the developers.

Layer 2 Oracle

Oracle Compute Cloud Layer 2 network technology that provides physical and virtual cross-network solution connectivity, reducing costs and time required for each process. Effectively fetching External Data through smart Contract, Enabling wider scalability with more efficient cost and time.

How Does it works?

In the Blockchain Space we call them Nodes, in the Cudos Ecosystem there are Validator Nodes, these nodes help process everything in this Ecosystem Going through an Extra layer of AMD SEV security to ensure that calculations and processes are occurring accurately and safely. Anyone can become a part of Nodes by staking their tokens, In addition, users can also delegate your Staking if they don't have the required resources. Simple Process and Flow provide an opportunity for everyone to contribute and earn Incentives.

Jobs Assignment Process

When someone registers on the network, the next process is a system check for benchmarking which helps the system determine the best job that can be given to someone on the network based on the details of the system from the benchmark results they have done before. There are several important points, These include Reputation, Security, Performance, Location and Capabilities. The system algorithm that CUDOS uses provides the best choice for all user on their Ecosystem, ensuring a fair and transparent process.

Market Potential

The Cloud & Blockchain Market is huge and CUDOS is one of the ecosystems that has the potential to become one of the largest Platforms out there. CUDOS Ecosystem offers Decentralized computing power to Blockchain developers, DeFi providers or the others, efficiently through CUDOS Ecosystem. Everyone can also contribute by offering their Idle Resources Computing power and then offer it to other consumers, companies was also get the option to Rent Computing Power at a cheaper rate with better optimization. Over time, not only large entities that need Cloud Services, everyone certainly will needs it where, as we know, various things now use the Internet and some simple example is Cloud Storage or Rendering, So with more than 4.6 Billion People using the internet, of course CUDOS enourmous potential to become leading platforms on this market.

Use Cases

Internet brings many innovations, one of which is the process of shifting from physical to cloud several solutions that make it easier for various things as well as doing business, research or other things. Cloud introduces cost savings, flexibility, ease of use for its users with effective workflows using the Cloud and maintains a competitive advantage. The cloud degrades their resources depending on their needs, Users can request new resources as needed or automatically. CUDOS Ecosystem Disrupting the industry by utilizing Blockchain Technology, introducing new, more effective flows. More than 20 Centralized Cloud Servers are currently scattered all over the world but Supply is too small and unbalanced with Demand which is too large, allowing various parties to monopolize. CUDOS is a solution for all of these with a variety of different use cases that make it more efficient. Several Use Cases in the traditional market can be done in their ecosystem and of course the Blockchain development process as well.

CUDOS Token

CUDOS is a token that will be used in the CUDOS Ecosystem as the main exchange tool for various things, this token is based on Ethereum Blockchain (ERC-20) technology, allows various processes to be automated via smart contracts. Holders get more benefits such as Delegate, Discount or Staking. The Global Cloud market continues to increase every year and this provides the right momentum for CUDOS Token to become a Pioneer in this market. Over Time, the demand will continue to increase and this will make CUDOS Token more valuable on the market, Giving more profit to Early Adopters. You can read more details about this token on their Official Website here; https://www.cudos.org/

Roadmap

Team & Advisors

Partners

Conclusion

The cloud sector is very large market with size of more than USD 300 Billion in 2020 and will increase 2 times by 2025. Various business processes currently rely on the Cloud and therefore CUDOS is an innovative ecosystem that is trying to be a pioneer of Blockchain Technology to change this market . The transparent ecosystem eliminates the monopolized system of various service provider n that currently occurs in traditional markets, their Ecosystem providing a Fair concept for everyone.

CUDOS is also developing Robust Ecosystem by using AMD SEV and Blockchain integration to enable various processes to be carried out Automatically and Transparent. Their marketplace also benefits developers with incentives, creating a new trend that we have never seen before in the Cloud & Blockchain Industry. Therefore, I hope that you will be a part of this great project!

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