HIVENET is the Next Generation of Cloud Computing

Introduction

Blockchain technology is perhaps the best development of today. You would have found out about advanced money or digital currency. These are conceivable in view of blockchain innovation. In this article, I will initially comprehend what blockchain innovation is and how it functions and afterward I will take a look at how we can associate cloud computing with blockchain innovation which is the main reasons for the adoption of blockchain technology in HIVENET cloud computing project

HiveNet will offer its users the opportunity to safely rent out their resources while the computer is not in use. In this way, fewer resources must be used to build new computers and less electronic waste is created. HiveNet motivates users to give them an advantage for their compatibility resources.

What is HiveNet?

Increasing Demand for Cloud Computing Power Cloud computing services are very flexible and have become the choice of choice for companies, universities and other organizations for many computing tasks.

Global demand is increasing at an increasingly rapid rate. Although cloud computing is in many cases cheaper than setting up its own dedicated computing center, computing is still very expensive

HiveNet is the Next Generation of Cloud Computing

Around the clock and throughout the world there are many idle computers. HiveNet offers technology solutions for utilizing this idle resource. HiveNet will connect unemployed personal and commercial computers to build a global distributed cloud computing network. This will allow the computer owner to benefit from their computer, when they are not using it.

Benefits of HiveNet?

1. Computer Owner
   How many hours per day do you actually use your computer? Just imagine your computer gives you profit for the rest of the day. HiveNet makes it possible by providing valuable computing tasks securely from paying customers to your computer.
   All you need is a computer with an internet connection.

2. Crypto Traders
   HiveNet has an inherent cryptocurrency: HiveCoin. HiveCoins is used to pay for computing power in HiveNet. With this ongoing demand for HiveCoins is ensured and will create one of the few cryptocurrency with real and fundamental value, which provides excellent short-term and long-term opportunities for traders

3. Customers
   HiveNet is much cheaper than traditional cloud computing. How? Because many important cost levers that apply to traditional providers (eg Amazon Web Services) do not apply to HiveNet, because they use the available computer idle time. So, there is no need to invest in new computers, housing and many other operational costs.

4. Nature
   HiveNet increases the use of available computers. Thus less resources are consumed to build new computers and less electronic waste is created. Also, the HiveNet Blockchain uses a very economical Proof-of-Stake consensus mechanism, which saves far more resources than most available blockchain.

How it works

HIVENET

1. Client Users
   The HiveNet Client client is an all-in-one user tool and includes computing, blockchain and wallet module software. This enables easy and user-friendly handling without the need for in-depth technological knowledge.

2. HiveNet Blockchain
   The HiveNet Blockchain is guaranteed to be very efficient
   Proof-of-Stake consensus mechanism. This is specifically optimized for HiveNet and combines high security with fast transactions.

HiveNet Ecosystem

1. Payment
   Customers will only pay for computing power, which they have actually used. They will pay with HiveCoins or for convenience with their local fiat money (eg US-Dollar or Euro), which is automatically exchanged with HiveCoins on digital currency exchanges. This will generate ongoing and fundamental demand for HiveCoins and will ensure inherent value.

2. Providing Computational Power
   Computer owners will provide their IDL computing power and will be rewarded through fair distribution of customer payments. Accurate payments will be ensured and automated with the Gift Giving Application.

3. Trade and Use HiveCoins
   Like other cryptocurrency, HiveCoins will be exchangeable via digital currency exchange. We will also issue a debit card and include a widely used online payment system, such as PayPal. With this, HiveCoin owners will be able to use HiveCoin savings to pay at many local and online stores. In this way, HiveNet will allow mass public adoption.

4. Staking HiveCoins

• The owner of HiveCoin will be able to stake it
  HiveCoin savings to extend and secure
  HiveNet Blockchain. With this, the staker maker will do it
  accept the newly printed HiveCoins, which will
  resulting in ongoing returns on their HiveCoins.

Participant on HiveNet

Providers, makers and customers are important participants of HiveNet. Each of them contributes and benefits from their participation.

1. Customers
2. Giver
3. Striker

HiveNet saves a lot of money

1. Highest Cost Efficiency

2. Highest Flexibility

3. Secure Transactions with the Lowest Costs.

Token Sale

• Technical Compliance
  The HiveNet will initially be funded through the sale of HiveNet Tokens (HNT). HiveNet Tokensare ERC-20 token and is compatible with many walls and other third-party systems to ensure simple handling.

• Legal Compliance
  We consider our HiveNet Tokens sales to be compatible with German federal law. All responsive documentation will be effectively distributed to BaFin (German Federal Financial Supervisory Agency) to ensure transparency.

How to buy HiveNet Tokens

All details about the upcoming sales of HiveNet Tokens will be announced at www. HiveNet. Clearly right before. If you don't want to lose the opportunity to participate, make sure you register for our e-mail newsletter and / or follow our social media channels.

Development Funding

Depending on the amount of funds collected, HiveNet will be developed with effective development level features.

Roadmap

Team

HiveNet Task Management System (HTMS)

HTMS is the core technology of HiveNet's decentralized cloud computing network. This ensures optimal orchestration of customer tasks, secure validation of computing results and fair payment from the computer owner.

For more accurate information, please visit the link below:

Website: https://www.HiveNet.cloud

Facebook: https://fb.me/HiveNetCloud

Twitter: https://twitter.com/HiveNetCloud

LinkedIn: https://www.linkedin.com/company/hivenetcloud

Medium: https://medium.com/official-hivenet-blog

Telegram: http://t.me/hivenet

YouTube: https://www.youtube.com/channel/UClcs2OQ3MRpcHeMheUE9KYw

Author: A, AL

Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=2652191

ETH: 0x843415e47e7e5019c8f0bdeffb0a0ce067a40596