Talk 5: Crowd Machine — Powering the next generation of blockchain app builders.
A very quick walk-through for first impression.
The worlds most advanced distributed computer that gets decentralized apps & smart contracts to market up to 45x faster.
Crowd Machine is an advanced distributed computer. Embedded within the computer is an app development engine that requires no coding, enabling anyone to create decentralized apps and smart contracts without limitation.
Crowd Machine consists of a decentralized, peer-to-peer network computer called the Crowd Computer
The Crowd Computer is distributed on the Crowd Machine community’s mobile devices and computers where each device on the network functions to execute decentralized apps.
Built into the Crowd Computer is a highly capable blockchain and decentralized app builder technology called the Crowd App Studio.
The Crowd App Studio allows developers and non-developers to build decentralized apps that run on the Crowd Computer. Crowd App Studio is easy to use, functionally rich and enables the creation of decentralized apps to meet any requirement. Additionally, blockchain smart contracts can be created to meet the most demanding requirements.
Once your decentralized app is built, it is deployed across the Crowd Computer for you and made available to your customers.
The Crowd App Studio has access to Crowd Share, a library of reusable source code the community has created. Crowd Share speeds up decentralized app development even further.
Community members can add source code to Crowd Share and be paid for its use every time the code is run on the network.
Apps can be created using Crowd App Studio and deployed to the Crowd Computer. Crowd Machine enables off-chain apps to be created that are blockchain agnostic.
Read the whitepaper and brainstorming.
In this part, we will only cover the marketing and the vision part.
It will explain why we need this dapps and provide the solution for future problems.
Developers abilities don’t meet new high demand in 2020
If blockchain technology is to underpin the architecture of the new decentralized internet as is expected, just think how many apps will need to be built to replace the ones in use today. And that doesn’t even take into account the raft of potential new ones.
The current pool of highly skilled developers able to develop apps that take advantage of distributed ledger technologies is far too small to service demand.
The US government predicts that the software development workforce will grow by 22% over the next ten years. However that is unlikely to be enough to serve the range of complementary technologies that are emerging at the moment.
A report from VisionMobile estimates that the 300,000 developers contributing to the area of Internet of Thing (IoT) apps in 2014 needs to grow to nearly 4.5 million developers by 2020.
Compute power is underutilised
While there aren’t enough skilled app developers to go around, there’s plenty of underutilized processing capacity. However, it is essentially siloed, centralized data storage with limited deployment in markets that do not provide a healthy return on investment.
A network that could connect underutilized capacity, while also providing device owners with an opportunity to be paid for their involvement, could form the sort of decentralized cloud that is needed to fuel app development.
A decentralised app execution engine
Crowd Machine tackles the twin problems of app development shortages and the underutilisation of surplus device processor capacity.
Not only will it accelerate the creation of apps and the adoption of blockchain networks, it will also reward developers’ code contributions and usher in market ready applications that can disrupt the dominance of centralized infrastructure companies.
Crowd Machine is blockchain agnostic, so app developers are not constrained by the functional limits of a particular chain.
Crowd Machine’s key parts
The Crowd Machine platform consists of three key components, which can be utilised by everyone from startups to large enterprises wanting to quickly and easily launch apps.
Crowd Machine’s App Studio makes it significantly faster and cheaper to build traditional and blockchain apps for anyone that understands logic and rule-based processes. We have seen how low code and no code solutions have gained traction in Cloud markets and App Studio can be used in the same way by non-technical staff, without writing code. Furthermore, onboarding and training can happen quickly and lead to an explosion in new apps.
Crowd Computer is a powerful peer-to-peer computational network that leverages underutilized device memory and processor capacity to power apps. It works with the Crowd App Studio to make it possible for anyone to create decentralized apps up to 45x faster than traditional methods. Device owners can join the network of Crowd Virtual Machines (CVM) and be compensated for the use of surplus processing power.
Crowd Share is a Git-hub like code repository that allows developers to contribute code that developers and App Studio users can use in their own apps. It provides an opportunity for them to monetize their Intellectual Property on an ongoing basis and will help accelerate the creation of apps.
Monetisation in view of application execution
We will make the App Studio and Crowd Share allowed to access to help fabricate the Crowd Machine Community (CMC) and keep the accentuation of adaptation on application execution. Installments are made for the figure asset required to execute applications, giving a motivating force to gadget proprietors to join the CVM and influence surplus handling to control accessible.
Engineers will likewise be compensated when their code, which has been influenced accessible in the Crowd Share repository, is used by others.
Roadmap and token sale
The Crowd Machine platform has already seen early adoption from Fortune 500 companies, with a roadmap of development scheduled for throughout 2018. Our aim is to release the App Studio, Crowd Share and Crown Virtual Machine to public beta in January 2018, with the Crowd Computer public beta release taking place in May.
We will also hold a public token sale of Crowd Machine Tokens (CMT) which is planned for early next year.
Interested parties can sign up to be placed on Crowd Machine’s whitelist at https://www.crowdmachine.com/#WHITELIST
More information about the token sale, road map and team:
Website: https://www.crowdmachine.com/
Facebook: https://www.facebook.com/Crowd-Machine-393354234414159/
Twitter: https://twitter.com/Crowd_Machine
I highly recommend you read the whitepaper yourself if you really want to invest on this Dapp or become an early adopters.
Whitepaper link: https://www.crowdmachine.com/wp-content/uploads/2017/11/Crowd-Machine-Whitepaper.pdf
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