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Colossus Grid is a novel, privacy-friendly grid computing and decentralized storage framework.
There are a couple of recent developments that are calling for new ways of computing and storage:
−Ever more huge data sources are contributing to our view of the world. Potentially, we can analyse and predict more of the characteristics of the world around us than ever before, across all disciplines and industries—from medicine to cognitive and behavioural sciences, from supply chain to marketing, from automotive and traffic control to climate science.
−But all of these data are worthless if they cannot be processed. In order to process them, even with the most efficient of algorithms, parallel computing is necessary.
−At the same time, parallel computing opens up opportunities to use previously wasted computing resources—empty cycles on users’ machines around the world.
−Obviously, the same is true for storage: Big data needs to be stored somewhere, and preferably on already existing storage devices that are under-utilized. With distributed storage, they can be utilized in the most efficient manner possible, and therefore benefit their owners.
−In order to keep the system fair and balanced, and to preserve security and privacy of all involved machines, there is no better way than decentralization. The resources and their distribution should be in the hands of those who own and use them.
Colossus Grid will connect devices in a peer-to-peer network enabling users and applications to rent the cycles and used to complete tasks requiring any amount of computation time and capacity, or allow end users to store data anonymously across the world
To learn more please visit our website colossusxt.io
& read our Whitepaper!
