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Blockchain Technology | Microsoft Azure

Blockchain Technology | Microsoft Azure

The more replicas there are, the more authentic the ledger becomes. Microsoft is bringing blockchain to the enterprise, working with customers, partners, and the blockchain community to continually advance its enterprise readiness. Our mission is to help companies thrive in this new era of secure multiparty collaboration by delivering platforms and services that any companyincluding ledger startups, retailers, health providers, and global bankscan use to improved shared business processes. As an open, flexible, and scalable platform, Azure supports a rapidly growing number of distributed ledger technologies that address specific business and technical requirements for security, performance, and operational processes. Our Data and AI platform provides unique off-chain data-management and analysis capabilities that no other platform offers. And the vast Microsoft partner ecosystem extends the capabilities of our platforms and services in unique ways that fit specific workload and industry needs. Azure provides a rapid, low-cost, low-risk, and fail-fast platform for organizations to collaborate on by experimenting with new business processesand its all backed by a cloud platform with the largest compliance portfolio in the industry. Get started on the blockchain that best fits your scenario with our easy-to-deploy templates for the most popular ledgers. Whether you're modeling your shared process through a single-member proof of concept or building a multimember consortium, we offer tools that reduce the time you spend building and configuring your blockchains network infrastructure, so you can focus on building your workflows and smart contracts. Build and connect distributed applications, and integrate Blockchain with the cloud services and tools your organization alrea Continue reading >>

Blockchain Platform - Overview | Ibm Cloud

Blockchain Platform - Overview | Ibm Cloud

An enterprise-ready blockchain platform designed to accelerate the development, governance and operation of a multi-institution business network. The IBM Blockchain Platform is a flexible software-as-a-service offering delivered through the IBM Cloud, providing the performance and security for even the most demanding use cases found across regulated industries. Access online, local and shared development environments, and integrate with popular development environments using open developer tools, including tools that use business terms to generate chaincode and smart contracts. Use activation tools for new networks, members, smart contracts and transaction channels. Multi-party workflow tools also available, providing member activities panel, integrated notifications and secure signature collection for policy voting. Always-on, high availability with seamless software and blockchain network updates, all with a hardened security stack. Experience 24/7/365 IBM Blockchain support, while still having built-in blockchain monitoring for full network visibility. Continue reading >>

3 Reasons Cloud Engineers Can Easily Make The Switch To Blockchain

3 Reasons Cloud Engineers Can Easily Make The Switch To Blockchain

3 Reasons Cloud Engineers Can Easily Make the Switch to Blockchain The development of cloud-based computing changed the game for software developers. For one thing, it rendered limitations related to storage, flexibility, and cost obsolete. It also ushered in a new era of software innovation, enabling the development of groundbreaking cloud-based services like Dropbox and Google Drive. In recent years, however, a technology with even more innovative potential has availed itself to the developer community: blockchain. The blockchain is what the cloud was always supposed to be a truly transparent and interconnected network that eliminates the need for a centralized transactional authority and solves for the clouds most troubling security risks. In many ways, the blockchain is really a Cloud2.0. Blockchain bears opportunities for developers unseen since the turn of the century. Heres why those currently working in cloud should consider making the switch. #1: Blockchain will allow you to innovate and disrupt entire industries. Innovations are considered disruptive when they help companies displace established competitors. History has seen a number of technologies that qualify as such. The cloud, arguably, was one. The blockchain is another. In fact, just as the cloud displaced legacy enterprise applications, decentralized ledgers will soon replace centralized cloud-based systems. One reason is decentralized ledgers are simply technologically superior to centralized ones. They solve a key question which has troubled enterprise executives for years: how do you guarantee that your companys data is stored and used in a way thats compliant with the law if youre forced to entrust those processes to an unaccountable, outsourced vendor? The blockchain eliminates that concern. On t Continue reading >>

Google Looking At Blockchain As Cloud Division Reportedly Developing A Digitalledger

Google Looking At Blockchain As Cloud Division Reportedly Developing A Digitalledger

Google looking at blockchain as Cloud division reportedly developing a digitalledger Whether cryptocurrencyis the future or just a passing fad , the underlying blockchain technology is highly promising with a number of applications. Some of those are for the cloud, with Google developing its own distributed digital ledger according to a new report. Bloomberg today detailed Googles efforts in the field that focuses on developing a digital ledger that could be used to post and verify transactions. Third parties could take advantage of the service, while Google is reportedly also creating a white-label version that other companies could run. This technology is being developed under the Google Cloud division to support and differentiate its enterprise efforts from competitors. This service would join the companys other offerings, like machine learning , that developers could take advantage of. Its not clear when such a product would launch. Google has been actively acquiring and investing in startups with experience in the new technology, though has yet to publicize these moves.Meanwhile, Alphabets GV venture capital arm has made several public investments in companies working on cryptocurrencies and the blockchain. Bloomberg notes tinkering by Googlers within Cloud, while advertising chief Sridhar Ramaswamy said that a small team in his division is also investigating the technology. At a conference (via CNBC ), he highlighted that the core blockchain technology is not something that is super-scalable in terms of the sheer number of transactions it can run. Todays report notes that Google could build its own variant that is better suited for scaling and running millions of transactions. Alternately, the company has looked at technology from the open source Hyperledger cons

Google Is Experimenting With Blockchain Technology For Use In The Cloud: Report

Google Is Experimenting With Blockchain Technology For Use In The Cloud: Report

Google is experimenting with blockchain technology for use in the cloud: report Reports suggest Google may be working on blockchain-based systems to support cloud businesses. Google is working on blockchain-related technologies to bolster the firm's cloud business, reports suggest. Siri, you're fired: Why Apple needs a new personal assistant According to Bloomberg , people familiar with the matter say that the tech giant is quietly working on blockchain technology to "head off competition from emerging startups" that are already beginning to specialize in the technology to offer a range of new services. Blockchain, also known as distributed ledger technology, is the backbone of cryptocurrency trading and wallets, and is most commonly linked to the exchange of cryptocurrencies including Bitcoin and Ethereum. However, the technology has far more applications than crypto as it transparently records transactions, spread across different nodes in a network. This makes tampering with records very difficult, thereby heightening security and improving the integrity of recorded data. In the financial realm, fintechs are already exploring how blockchain could be used to simplify Know Your Customer (KYC) procedures and transactions between financial institutions, record IDs, and speed up cross-border payments by offering an immutable ID check and a means to track payments. This, in turn, has prompted traditional financial institutions including Visa to begin investing in their own blockchain-based systems to avoid falling behind in innovative financial offerings. When it comes to cloud technology, Google could potentially use blockchain to record user transactions and improve the security of data produced by such a service. According to the publication, blockchain technologies be Continue reading >>

Blockcloud: Re-inventing Cloud With Blockchains

Blockcloud: Re-inventing Cloud With Blockchains

BlockCloud: Re-inventing Cloud with Blockchains It's the year 2025 and it has been a stunning week in the world of computing. Larry Parallelogram, CEO of Avogadro Corporation, the worlds largest computing company, recently announced that 500 of the Fortune 500 have completed the migration of all mission critical processes to Avogadros compute platform, BlockCloud. This announcement, coming exactly one year after the bankruptcy of former computing giants IBM and HP, has reinforced the dominance of Avogadro in the Enterprise compute market. When asked to reflect on the success of BlockCloud, Parallelogram stated It can all be traced back to a day in 2017 when I met this Estonian company. Over the last ten years two of the most important technologies that have seen widespread adoption have been virtualization and Bitcoin. Virtualization paved the way for cloud computing and the Bitcoin protocol has the potential to reinvent finance using cryptographic building blocks called blockchains. Strangely, no one has put the two (Cloud and blockchains) together. If they did they would realize that together they would the solve the thorniest problem for Enterprise CIOs, namely: How do I comply with the law and trust my mission critical processes to an outsourced vendor who has little if any accountability? Bitcoin relies heavily on the blockchain, a public ledger of every transaction that has ever taken place that is distributed to the edge of the network. The key idea is that there is no centralized authority that is responsible for saying what is true or what is false, rather multiple distributed parties come to consensus, that consensus is entered into the ledger which thereafter can be accessed by anyone in the future. It is computationally infeasible for a single actor (or any Continue reading >>

Blockchain & The Cloud: Transforming Data Center Architecture For Tomorrow

Blockchain & The Cloud: Transforming Data Center Architecture For Tomorrow

Blockchain & The Cloud: Transforming Data Center Architecture for Tomorrow June 2017 - Blockchain | Data Center | Cloud Computing Blockchain & The Cloud: Transforming Data Center Architecture for Tomorrow Data centers have to adapt to new business strategies and adopt new technologies to keep pace with their customers needs. Anthony Robinson from Corning Optical Communications explains how data centers can facilitate the rapidly increasing data traffic from the always-on consumer. Data Center. Source: Corning Optical Communications Enterprise data centers have traditionally focused on data storage and preparation for disaster recovery, but they dont always meet the ebb and flow of demand for real-time, multi-user data retrieval. In todays evolving digital market, there are more users and more data. This growth puts pressure on data centers to facilitate faster data transmissions for an increasing number of Internet users worldwide. In the face of big data, data center operations are shifting from storage to the real-time analysis and processing of data based on demand. Today, organizations are turning to blockchain, a system that acts as a digital record-keeper, utilizing multiple hardened data centers around the world to verify changes to data sets. Data centers have to adapt to new business strategies. To pave the way for technologies like this, large data centers are evolving their digital infrastructures for the next generation of cloud services. But they need the right infrastructure in place to ensure the rapid, seamless, and secure transmission of data, voice, and video to an increasing number of users. For these reasons, many data centers are transitioning from current 3-level tree network architectures to a spine-and-leaf network architecture, which can accomm Continue reading >>

How Can Blockchain Improve Cloud Computing

How Can Blockchain Improve Cloud Computing

There is a growing demand for computing power from scientific communities and industries to run large applications and process huge volumes of data. The computing power to run Big Data application is most often provided by HPC and Cloud infrastructures. Blockchains like Ethereum offer a new approach to run distributed applications. Ethereum allows programmer to write smart contracts, that is code which is executed on the blockchain virtual machine, whenever some transactions are fired. Thus, the Ethereum blockchain provides a distributed runtime environment with distributed consensus over the execution as well as resiliency. These features are quite unique and the possibilities are yet to be discovered. In contrast with traditional Cloud computing, blockchains offer very limited computing capacities to run distributed applications: few kb of storage, very inefficient virtual machine and very high latency protocol. Of course blockchain technologies will evolve to overcome some of these issues, but there will be a need to provide additional capacities for the most demanding applications. The IEXEC project aims at solving this issue by building a distributed Cloud infrastructure that is dedicated to support the emerging class of blockchain-based distributed applications. The quest for more computing power also depends on the emergence of infrastructures that would both offer lower operating costs and larger computing power. A Blockchain-based Distributed Cloud will allow on-demand, secure and low-cost access to the most competitive computing infrastructures. There are three main reasons why such a distributed computing infrastructure could challenge existing HPC, Cloud and Big Data providers: HPC and Cloud are too complex, too expensive: In particular innovative small bus Continue reading >>

Google Moves To Develop Its Own Blockchain Technology | Digital Trends

Google Moves To Develop Its Own Blockchain Technology | Digital Trends

Posted on March 24, 2018 - 3:01PM 3.24.18 - 3:01PM Google is getting into the blockchain business by creating a line of blockchain-related technologies to work with its various online services. Blockchain technology is used to power cryptocurrencies such as Bitcoin, but Google isnt working on a new cryptocurrency. The company is currently working to create its own digital ledger that the company could internally use for a variety of purposes , such as helping to secure customers personal data, Bloomberg reported. Beyond internal use, Google is planning to distribute its ledger to third parties so that they can use them to post and verify transactions. Additionally, Google is planning on creating a white label version that other companies can use on their own servers. Many employees working within Googles infrastructure group have been working on blockchain technologies within the past few months. Google insiders such as these said that many within the company believe that the tech giants line of cloud services are a natural fit for blockchain technology, though Google is not ready to make any official announcements just yet. However, a company spokesperson did confirm that Google was investigating the tech. Like many new technologies, we have individuals in various teams exploring potential uses of blockchain but its way too early for us to speculate about any possible uses or plans, a Google spokesperson told Bloomberg. The rise of blockchain technology provides both opportunities and challenges for industry leaders such as Google. On one hand, when properly leveraged, the tech could provide Google with a more secure way of storing user data, which could be a boon for the company and its customers alike. The downside is that the rise of this new technology has made it Continue reading >>

Blockchain And The Cloud: How Data Storage Could Change In The Coming Years

Blockchain And The Cloud: How Data Storage Could Change In The Coming Years

Blockchain And The Cloud: How Data Storage Could Change In The Coming Years February 28, 2018, 08:52:20 AM EDT By David Floyd Realizing what "the cloud" really means can be a letdown. Sure, sloughing all that data off was liberating. Companies no longer have to maintain their own finicky servers; individuals no longer have to devote so much cash to hardware or care to keeping everything backed up. The cloud untethers us from expensive circuitry and not a little stress. Except, as the line goes, there is no cloud. It's just someone else's computer. Rather than ascending to the heavens, vast quantities of individual and enterprise data were dumped into server farms run by the likes of Google, Amazon and Microsoft. These companies are good at running server farms, and the user experience is for the most part above reproach. (I'm writing in Google Docs right now.) But if you cringe at such deep, far-reaching centralizationif the Equifax breach makes you shudder at the headlines the coming years could bringthis situation won't do. Blockchain-based applications, which are trying to decentralize a range of digital services, are particularly reluctant to use Microsoft Azure or Amazon Web Services. That leaves local storage on user devices that are no longer designed for it. Unless, that is, we can decentralize storage the way bitcoin has decentralized financial transactions. A number of projects are working to make that happen. Their solutions employ various combinations of blockchain-based tokens, which storage renters use to compensate storage providers; smart contracts, which govern these transactions; encryption, which keeps the data secure; sharding, which keeps it manageable; and secure multiparty computation, which keeps it hidden even when it's being run through algori Continue reading >>

How Can Blockchain Improve Cloud Computing ?

How Can Blockchain Improve Cloud Computing ?

On April 3rd, iEx.ec team traveled to Hangzhou to hold the 3rd Meetup in China. Prof. Haiwu He, the co-founder of iEx.ec, gave a talk to the blockchain fans the latest development of the project and the huge impact on the industry. Now, people are living in an era where traditional equity assets transitioning to Continued Dr. Haiwu He attends to the fourth International Forum on Industry & Education. The fourth production and education integration strategy Forum (International Forum on Industry & Education, IFIE), initiated by the Ministry of Education, was held on June 22-24, 2017 in Zhu-Ma-Dian, China. As a leading international expert in blockchain and co-founder of iex.ec, Dr. Continued iEx.ec is a new decentralized cloud computing platform that is blockchain-based. It aims to tackle the current limitations of centralized cloud computing that are holding business and innovation back. A decentralized cloud connects users to one another, whether server providers, application providers, data providers or end users. All manner of business can be executed on Continued Subscribe to our newsletter to receive exclusive news and announcements. iEx.ec co-founders Dr. Gilles Fedak and Prof. Haiwu He get interviewed by nVIDIA at SC16 for GPU computing for Blockchain based distributed Cloud. They talked about their main ideas and technologies about distributed Cloud computing using GPUs and Blockchain in their iEx.ec project. This post reports on what the iExec team is going to do with the funds they raised and the RLC tokens they own. Results of the Crowdsale The iExec crowdsale opened on April 19, 13:00 UTC and ended at 15:45. During those 2 hours 45 mins it collected: 2,761.761 BTC and 173,886 ETH. At the Continued There is a nascent opportunity taking place right now to cre Continue reading >>

Will Blockchain Replace Cloud Computing?

Will Blockchain Replace Cloud Computing?

With the world of blockchain abuzz, technology enthusiasts are pushing for the decentralization of financial institutions. This idea, in theory, appears to be the answer to fraud and shady government practices The people have spoken : big businesses ought to put their ledgers on the blockchain for accountability . Yet, there is one question remaining on the idea of this solution. Does blockchain have the scalability to support the nations transactions? For perspective, lets reference some statistics that Vitalik Buterin , co-founder of Ethereum , shared in his talk with AngelLists Naval Ravikant in December 2017. According to Buterin, a young blockchain legend , Ethereum is currently able to process five transactions a second. Skip to 10:24 to see exactly what Im talking about. At capacity, the platform completes six transactions per second, compared to Bitcoins average of three. Looking for a national comparison, Visa processes 24,000 transactions per second . With these statistics, Vitalik has claimed his Ethereum blockchain may never replace centralized cloud computing due to scalability, but will reach Visas scalability over the next several years. Yet with technologys current exponential advancement, nothing is definite, and there are no limitations on what type of infrastructure may be built over time with blockchain programming. Unfortunately, existing blockchain applications are far from satisfying the scalability requirements to compete with centralized systems. Current mainstream payment processors, such as Visa, support orders of magnitude higher peak transaction throughput and incurs much lower latency compared to the operational Bitcoin platform. Adem Efe Gencer, Cornell University PhD Financial organizations like Visa use cloud computing to scale the tens Continue reading >>

Big Data, Blockchain And Cloud Computing In 2018

Big Data, Blockchain And Cloud Computing In 2018

Big Data, Blockchain and Cloud Computing in 2018 It's easy to suggest that Blockchain technology and Bitcoins could be the future of the finance world. Currently, we're forced to deal with money through an outdated, and somewhat underwhelming physical and digital infrastructure that doesn't have much to offer in the way of accountability. As more is discovered about the possibilities of Blockchain, many believe that these systems will overhaul the money management solutions of the past, and create a new future for cash management. Of course, that's not all Blockchain might be good for. Since 2011, the potential of Blockchain technology is gradually grown more impressive, allowing the solution to become more than just the ultimate answer for Bitcoin trading, and tap into possibilities throughout the rest of the business world too. Before big-name companies like Google, Microsoft, and Amazon started offering cloud storage services to their customers, most storage solutions were decentralized. Companies simply had to host their servers within their own offices, which gave them more control, but also meant that they struggled with things like cost efficiency and scalability. If you wanted to really take care of your data, then you needed a huge in-house team to maintain and manage costly servers on your behalf. It's not surprising then, that many companies have begun to make the switch towards cloud computing instead. After all, it's much more flexible and cost-effective, giving organizations access to incredible value, and allowing them to replicate their data across a range of data centers, offering redundancy and reliable uptime solutions. Of course, with all the benefits cloud computing has to offer, there are some downsides too. Whenever we use a cloud service, we nee Continue reading >>

Storj - Decentralized Cloud Storage

Storj - Decentralized Cloud Storage

"Storj is like an Internet filesystem. Data blocks are encrypted and distributed across a globally distributed set of storage nodes using block-chain algorithm. It is quite impressive and much needed innovation in the storage space." "Decentralized file storage systems like Storj have the potential to eliminate high markup costs and market inefficiencies and provide a much higher level of privacy, reliability and quality of service than we see today." "The power of the Storj platform is its unique ability indiscriminately utilize the free capacity of a storage node, whether a single end-user PC or a massive data center. Storj is bringing an unprecedented degree of efficiency to globally distributed data storage." "Storj is a unique market phenomena. It sets new standards of unit economics for distributed data storage." "As a seed investor, we were more than happy to join the next round for Storj with a great line up of co-investors. We want storing files to be cheaper, faster and more secure and the progress the team has made towards that mission has been phenomenal to watch. We are looking forward to putting more and more of our documents on the Blockchain thanks to Storj." Continue reading >>

Blockchain Technology For Cloud Storage: This Looks Like The Future

Blockchain Technology For Cloud Storage: This Looks Like The Future

Blockchain technology for cloud storage: This looks like the future Theres been a lot of excitement over blockchain technology and its relation to finance, especially regarding bitcoin and other cryptocurrencies. Bitcoin's value skyrocketed in 2017, ending the year with a value of more than $14,000 after starting 2017 at just over $1,000. And its not the only cryptocurrency to see huge increases over the years. While some believe that cryptocurrencies are just another bubble waiting to burst, others see them as the future of finance. What happens if we consider blockchain technology for cloud storage? Thats just what many startups are beginning to do. The switch from centralized cloud computing As we know, storage infrastructure has transformed to generally being very centralized. Rather than businesses and corporations hosting their own servers, many have migrated to the cloud. This turn toward centralization lets companies push workloads to larger, public clouds in order to utilize the storage infrastructure of large companies, like Amazon Web Services or Microsoft Azure. Because of the centralization currently inherent in cloud computing, resources could be shared and the end customer could have much lower costs and higher efficiency and uptime. With this, cloud computing has massively grown, with Gartner claiming that the cloud shift will affect more than $1 trillion in IT spending by 2020. No one is doubting the benefits of cloud computing. However, data breaches or service interruptions arent unheard of, or even uncommon. Whether its user error or issues with the hosts themselves, data breaches in 2017 were a major story. For example, Verizon partnered with Nice Systems to handle customer service calls who utilized an unprotected Amazon S3 storage server. Because Continue reading >>

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