Market Problems, MBCC Solutions

Now is the time to remind you why we have decided to launch our project and what problems of the market we are going to solve. Today’s post will be discussing exactly that. So, what do global markets look like today?

Today we can see the growing demand for high-performance computing power to run and process large amounts of applications & data in the scientific and industrial worlds that run big data applications or develop machine learning models. According to Cisco’s annual Global Cloud Index (Annual GCI) 2016–2021, annual cloud data center traffic is expected to grow at an average annual rate of 27%, from 6.0 ZB per year in 2016 to 19.5 ZB in 2021.

A common way to accommodate these kinds of needs is to take advantage of cloud computing services or build and use their own high-performance computing infrastructure. However, the infrastructure of high-performance computers is complex and expensive as well as requires human capitals who have expertise to operate them.

What does MBCC propose? MBCC collects, manages the idle resources, and rents them to users who need them, and automatically handles payments according to the resources and time used through blockchain-based distributed records and smart contracts.