KELTA - AN OFFERING OF MASSIVE COMPUTATIONAL POWER ON THE BLOCKCHAIN

The Blessings of Computers and the Internet

Computers and Internet are inventions we will never forget forever. Our lives and enterprises are heavily reliant on these innovations that if they were to be suddenly removed from existence, it would be almost impossible for us to survive without them. These two milestone innovations have metamorphosed to become sophisticated technologies, and we are even yet to witness the height of their advancement. Researchers use computers for data crunching to obtain valid research outcomes with fewer errors and better engineered products. Whether used for complex data analysis, complex mathematical equation solving or prediction modeling, these artificially intelligent machines are vital analytical tools helping scientists to demystify nature.

The Challenges

Undoubtedly, science has progressed beyond the capacity of home computers. Scientists now require large supercomputers with extreme computing capacity and intelligence for advanced research computations. These supercomputers are very expensive so researchers who need that kind of super machines may have to sign up for time at a supercomputing centers.

Cryptocurrencies and the underlying infrastructure – blockchain are the current disruptive technologies gaining traction globally. Cryptocurrency or any other data transactions on the blockchain are confirmed by miners. Miners add recent cryptocurrency transaction to the blockchain by solving difficult cryptographic computations. This computational capacity is impossible to achieve with home computers except with hardware having immense computing power.

The available alternative is cloud computing but it is difficult to utilize for scientists who are not well versed in network systems. These challenges beg for a solution which can effectively offer huge data crunching capability, easy accessibility and user-friendliness to users.

……..here comes KELTA.

The KELTA Solution

KELTA is a subsidiary of AGEM DATA. It is a state-of-the-art multi-functional data center located in Bratislava, Slovakia. The company aims to make data center services accessible to everyone from any location across the globe. The datacenter is built in collaboration with the parent company. Location of the datacenter facility in Slovakia is strategic as the location meets the power, cooling, and high bandwidth connection requirements for operating the facility effectively. KELTA utilizes its own patented technology, “directed flow” technology, to cool IT components.

The platform and its computing power will be accessible through mobile and web applications, so users can perform the operation they want such as scientific research or cryptocurrency mining. The KELTA platform uses smart contract to ensure transparency, enforce compliance with the terms and conditions of ownership, and secure contract management.

The KLT Token

The KLT token is an ERC20 utility token built on the Ethereum blockchain; it grants users access to the KELTA datacenter. Each KLT token represents one watt of KELTA’s data center capacity over a period of five decades. The total supply of the KLT token is 12,500,000, in which 10million KLT tokens are available for purchase during the Initial Coin Offering (ICO).

Note: The KLT token does not represent equity in KELTA, its parent company, computing capacity, or the underlying infrastructure.

Use Cases for KELTA

As stated earlier, KELTA seeks to provide scientists, cryptocurrency miners and crypto investors the computing power they need to carry out their preferred operations. Scientific researchers and academic scholars can now leverage on the affordable datacenter services of KELTA to carry out extensive research in various fields, especially in areas involving simulation or modeling, for example, neural network research, genetic engineering, astrophysics etc.

The KELTA data center at full scale can provide as much as 10 megawatts of computing power. The installed hardware boasts of impressive hash power which can be used to efficiently mine cryptocurrencies. Miners do not have to buy expensive hardware and pay heavily for electricity and internet to mine cryptocurrencies, they simply need to get KLT tokens and start mining on the KELTA platform. Cryptocurrency miners on the platform get a monthly payout of about 6-8%. At first, miners will only be able to mine Ethereum (ETH), Ethereum Classic (ETC), Monero (XMR), Zcash (ZEC), and Pascalcoin (PASC) but with time, this list will be expanded.

KLT token holders can rent out their tokens to other users of the platform for a minimum period of 1 month. Token owners receive a 6% rental payout per annum, and this arrangement is mediated by KELTA Company.

In summary, scientific researchers and cryptocurrency miners can now breathe a sigh of relief as KELTA is poised to empower them with massive computational power at affordable rates. No more will the cost of high performance super machines ever be a limitation to the advancement of research or cryptocurrency mining again; get started with KELTA.

For further information, visit these links:
Website: https://kelta.com
Whitepaper: https://kelta.com/preview-file/1802-kelta-white-paper.pdf
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=2899199.0