Golem Project creates network of computing systems able to redistribute computing power, enabling on-demand access to computing resources

Briefing

Golem Project creates network of computing systems able to redistribute computing power, enabling on-demand access to computing resources

March 31, 2017

Briefing
  • Airbnb for Computers – Worldwide supercomputer Golem Project aims to decentralize computing by sharing unused processing power from individual devices, such as laptops or data centers
  • Peer-To-Peer Network – Connects computers in peer-to-peer network that lets anyone lease or request idle computing resources, creating global market for computing power
  • Applications – Provides faster computing for rendering images, machine learning, cryptography, and scientific simulations, and makes them accessible
  • Payment System – Payments are made on Ethereum, decentralized platform that runs smart contracts, facilitating direct payments between providers, requestors and software developers
  • Solution Integration – Offers support to different programming languages, allowing developers to integrate with other applications

Accelerator
Collaborative and Sharing Economy, Computation and Storage, Web3 Ecosystems, Tokens and Consensus Mechanisms

Business Model and Practices

Business Model
and Practices
Leveraged Third-party Assets

Sector
Information Technology

Organization
Golem

Source

Original Publication Date
March 10, 2017

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