Blockchain advances distributed cloud computing

Blockchain advances distributed cloud computing

Technology News |
By Wisse Hettinga

Xunlei not only keeps breaking records of distributed cloud computing, but also leads in commercializing blockchain in consumer use – winning the CES Most Popular Product Award with OneThing Cloud.

OneThing Technologies, a wholly owned subsidiary of Xunlei, launched OneThing Cloud in August 2017. It is a private cloud specifically designed for individuals with high quality digital needs, providing people with quick downloads, storage, file management and other functions with remote control.. After introducing OneThing Rewards Program, it also serves as shared computing node, enabling Onething to sell cloud computing to technology companies at a much lower cost.

Through authorized intelligent hardware, OneThing Cloud collects idle bandwidth, storage, and computing resources at user’s homes, and transforms them to higher-performance cloud computing services through cross-platform and low-power-consumption virtualization and intelligent dispatching of accessing the nearest nodes.

Further, applying blockchain to crowd-sourced computing enables more possibilities in driving future developments and performance.

Users joining the OneThing Reward Plan can gain digital assets, LinkToken, created with blockchain technologies, through sharing idle bandwidth, storage and other resources. With the features of fairness, transparency and tamper-resistance, it facilitates the exchange of shared computing resources.

See also: Blockchain commercialization initiative targets IoT

See also: Chronicled and Qtum Foundation to develop secure IoT use cases using blockchain

With OneThing Cloud, Xunlei utilizes blockchain technologies to reuse idle resources and achieves low-cost shared computing. The use of blockchain in shared computing is a good example of how this nascent technology can transform business and consumer applications.

In China, Onething currently harness one million consumer devices and bandwidth in their cloud computing infrastructure, while providing Nebula CDN services to China’s largest video streaming companies,such as XiaoMi, iQIYI, PandaTV, Kuaishou and other top-rated companies.

Recently certified by the US Federal Communications Commission and European Commission, Onething will begin its foreign expansion in developing markets closer to China in January or February and move to Western countries later this year.


See also: Startup launches industrial IoT security platform protected by blockchain

See also: Cisco files blockchain system patent for IoT device tracking

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