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BetProtocol is excited to announce its partnership with Ankr, a distributed cloud computing network using idle processing power in data centers and edge devices. This partnership enables BetProtocol to leverage Ankr to provide hard computing resources to its operators in a distributed and highly resilient network. The goal is to provide fully cloud and blockchain based betting applications, each running on an Ankr instance for high performance and availability of gaming services.
“Current base-layer blockchains like Ethereum cannot handle computation heavy gaming applications in a cost-effective and time-efficient manner.” Rui Teixeira, CEO and tech lead of BetProtocol says. “Feasible solutions on the market include having a hybrid system where computation and storage are handled off-chain, but our vision is to have a 100% on-chain future. Ankr allows us to do that by using their platform to leverage idle computing power and storage in the cloud. For example, instead of using a multi-tenant server on AWS, we can use ANKR’s distributed hosting where every betting app operator gets their own instance on ANKR, so they can control the data/compute themselves.”
In a truly global and decentralised online gaming paradigm, each operator can run its operations from anywhere in the world and leverage the distributed cloud to do so. The servers that function as the data centers for these operators would be very robust, with high availability for continuity of gaming operations.
“In terms of specific technological use cases, Ankr Network makes a lot of sense for us regarding operators’ dApps, which use off-chain machine learning, and are all computation and storage-heavy dApps where these all offset communication. The more complex the dApp the longer the user has to wait for some input or signal from the dApp on what to do next. This wait time has to be minimised so that the end player does not notice any lags or hangs while the machine learning or storage processes are going on in the background. Ankr helps us solve that problem.” Rui Teixeira continued.
“The goal here is to have cloud computation, storage and machine learning tools that are highly performant while being as decentralised and on-chain as possible, and with Ankr can we achieve that.”
“This is a great partnership for Ankr and BetProtocol since we envision dozens and hundreds of betting dApps coming online in the coming years.” Justin Wu, COO of BetProtocol says. “Our operator clients’ dApps can use Ankr cloud computing in the near future on their own instances. This architecture allows for truly 100% on-chain and trustworthy gambling dApps with all the performance that matches or exceeds traditional centralised server-based apps. We are incredibly excited to see how our two technologies can create long-term value for the online gambling industry.”
About Ankr Network
Ankr is building a cryptocurrency based distributed computing network that leverages idle cloud resources in data centers and edge devices. The compute marketplace unlocks the sharing economy for cloud computing by benefiting both sides of the market.
With technologies like Kubernetes, Docker containers, blockchain and trusted hardware, Ankr is making the new cloud cheaper, easy to use, more secure and more eco-friendly.
BetProtocol enables entrepreneurs and developers to create betting platforms in minutes. No coding required. Thanks to BetProtocol’s blockchain technology, these platforms are secure, scalable and regulatory compliant. Its vision is to enable anyone in the world to dream of being a betting platform owner one morning, and actually be one that same day.
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