CUDOS
Published in

CUDOS

🤝Cudos partners with Functionland to support decentralised cloud solutions ☁

Decentralised cloud computing network Cudos is partnering with a Blockchain-Attached Storage (BAS) provider, Functionland, to support their decentralised storage networks.

Functionland has introduced BAS, peer-2-peer local storage for file/photo safekeeping, challenging the cloud storage and service subscription economy. In addition, it creates value by auto-minting tokens for the users and allocating a share to the developers.

Cudo’s layer 1 blockchain network will be utilised for file transactions, peer-2-peer payments, and rewards as part of the partnership. Cudo will also provide Functionland with scalable computing from data centre servers, gaming PCs, and mining rigs.

Learn more:

How blockchain is revolutionising the world of gaming

Blockchain technology enables the transactions and file locations to be recorded. In addition, the computational capacity of these local storage pools will contribute to the Cudo supply network.

Commenting on the collaboration, Nuno Perreira, vice president of partnerships at Cudos, said, “Our partnership with Functionland aligns on the principles of decentralisation and democratisation. Our applications at Cudo Compute are designed to benefit consumers by utilising the spare capacity of existing hardware, thereby providing them with a new revenue stream. Functionland, on the other hand, provides consumers with the ownership of storage infrastructure and democratises access to cutting-edge technologies like AI and blockchain. They aim to create an open ecosystem for software/hardware developers by offering ‘Monetized Open Source,’ and we are happy to be part of this shared vision.”

Both Cudos and Functionland are challenging the monopoly of the centralised cloud computing giants. While Functionland aims to protect the consumers from the rising cloud subscription costs and lack of data privacy with its Blockchain-Attached Storage (BAS), Cudos is building an alternative, sustainable solution to provide near-limitless computational capacity through a distributed network of nodes.

Learn more:

UK regulators to probe cloud giants: How a decentralised network provides an edge

Keyvan M. Sadeghi, CEO of Functionland, commented, “Functionland is developing Borg, a layer 3 blockchain with big.LITTLE architecture. The “LITTLE” nodes in a pool are constrained by CPU and storage. Hence there’s a need for “big” nodes within the same pool to process heavier loads such as validating layer 2. Cudos and Borg can synergise by Cudos being a “big” node provider for Borg. In turn, Borg “LITTLE” nodes add extra compute power to the Cudos network. We are excited and honoured about our partnership with Cudos, and we believe it will accelerate growth for both companies.”

The Cudos network is gearing towards our mainnet launch and will begin the final phase, Collins, of the incentivised testnet, Project Artemis towards the end of January. Functionland will test the capabilities of the blockchain by deploying dApps. They will also stretch our scalable computing layer and provide feedback to the Cudo compute product team.

Learn more:

Cudo Compute at the edge: combining the strengths of blockchain and decentralised architectures

You can be part of Cudo Compute too. Join our free testing period and get access to free compute resources! Register your interest!

What is Functionland’s Box?

Functionland’s Box is a decentralised, privacy-focused, open-source storage and computing solution that’s secured by Blockchain technology. It is small enough to fit on your desk. Its low-power hardware runs the backend software and acts as a decentralised server. Using the Borg protocol, it exchanges data and files with other nodes. The box will be with high-quality free apps. To start with, these include photos, files, and password manager. It will be launching soon on Kickstarter, and you can subscribe here to get notified and get 50% off on launch day.

For more:

Website, Twitter, Telegram, LinkedIn, Discord, Medium

About Cudos

Cudos is powering the metaverse bringing together DeFi, NFTs and gaming experiences to realise the vision of a decentralised Web 3.0, enabling all users to benefit from the growth of the network. We’re an interoperable, open platform launchpad that will provide the infrastructure required to meet the 1000x higher computing needs for the creation of fully immersive, gamified digital realities. Cudos is a Layer 1 blockchain and Layer 2 community-governed compute network, designed to ensure decentralised, permissionless access to high-performance computing at scale. Our native utility token CUDOS is the lifeblood of our network and offers an attractive annual yield and liquidity for stakers and holders.

For more:
Website, Twitter, Telegram, YouTube, Podcast, Discord, Medium

Originally published at https://www.cudos.org.

--

--

--

Cudos is powering the metaverse through cloud computing bringing together DeFi, NFTs, and gaming experiences to realise the vision of a decentralised Web 3.0, enabling all users to benefit from the growth of the network.

Recommended from Medium

Our learnings on applying blockchain to charities

FirmaChain Poloniex Listing Announcementon

Cudos Update!

FirmaChain unveils ‘blockchain based electronic contract solution’

🔜 CUDOS is listing on Bittrex Global! 📈 — CUDOS

DONUE Expands Electronic Contract Service to the Public Sector

Matic AMA Recap with StaFi Founder, Young Liam

Why Is Immutability A Blessing For Recording An Unalterable History On Blockchain?

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
CUDOS

CUDOS

Next Generation Cloud

More from Medium

💰 Demonetisation or decentralisation: What is the future of the creator economy? 📱

PARSIQ Q&A #42

We’ve got your back — New launched Fine art NFT Marketplace -Screensguru

Panther Partners with ShapeShift to Add Interoperable Privacy to DeFi and Web3