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Monday, September 30, 2019

HIVENET - Building The Next Generation of Cloud Computing


I am Bitcampaign, today I will discuss a crypto project called HiveNet, below I will give some more detailed explanations of the HiveNet project

Introduction

The invention of the computer is one of the greatest advances in human history. It changed the way we work and thus revolutionized the world industry. Then, the Internet and its global distribution have changed the way we communicate, how we share information and how we learn.

The HiveNet project is now registered at Positiveblockchain.io because of HiveNet‘s future contribution  to reducing electronic waste and protecting our environment.

HiveNet will offer its users the opportunity to safely lease their computing power while the computer is not in use. In this way, less resources must be consumed to build new computers and less electronic waste is created. HiveNet motivates users to participate by giving them advantages for their computing resources.


This is four parts:

  • Basic concepts
  • The economy
  • Technology & governance
  • Personal conclusion

In recent years, important new technology with a large impact has arrived.

  1. Cloud Compute
  2. Enables the implementation of user-defined computing activities with high flexibility between numbers, times, and locations. Therefore, global demand is increasing with space. However, increasing demand makes computing very intensive.
  3. Main technology
  4. For the first time it is possible to store public information and secure and public virtual currencies separately from central organizations such as service providers, banks, or government organizations.

What is HiveNet?
Increasing Demand for Cloud Computing Power Cloud computing services are very flexible and have become the choice of choice for companies, universities and other organizations for many computing tasks.

Global demand is increasing at an increasingly rapid rate. Although cloud computing is in many cases cheaper than setting up its own dedicated computing center, computing is still very expensive.

HiveNet is the Next Generation of Cloud Computing

Around the clock and throughout the world there are many idle computers. HiveNet offers technology solutions for utilizing this idle resource. HiveNet will connect unemployed personal and commercial computers to build a global distributed cloud computing network. This will allow the computer owner to benefit from their computer, when they are not using it.

HiveNet saves a lot of money
  • Highest Cost Efficiency
  • Highest Flexibility
  • Secure Transactions with the Lowest Costs
Benefits of HiveNet


Computer Owner
How many hours per day do you really use your computer? Just imagine that your computer is profitable for the rest of the day. HiveNet makes it possible by providing valuable computing tasks securely from paying customers to your computer. All you need is a computer with an internet connection.

Crypto Traders
HiveNet has an inherent cryptocurrency: HiveCoin . HiveCoin is used to pay for computing power in HiveNet.With this ongoing demand for HiveCoins is ensured and will create one of the few cryptocurrency with real and fundamental value, which provides excellent short-term and long-term opportunities for traders

Customer
HiveNet is much cheaper than traditional cloud computing. How? Because many important cost levers that apply to traditional providers (eg Amazon Web Services) do not apply to HiveNet , because they use the available computer idle time. So, there is no need to invest in new computers, housing and many other operational costs.

Nature
HiveNet increases the use of available computers. Thus fewer resources are consumed to build new computers and less electronic waste is created. Also, the HiveNet Blockchain uses a very economical Evidence-Stake consensus mechanism, which saves far more resources than the most available blockchain.

How it works


HiveNet User Client

The HiveNet User Client is the user’s all-in-one tool and includes the computing, blockchain and wallet software modules. It enables an easy and user-friendly handling without the need for profound technological know-how.

HiveNet Blockchain

The HiveNet Blockchain is secured by a highly efficient Proof-of-Stake consensus mechanism. It is specifically optimized for the HiveNet and combines high security with fast transactions.

HiveNet Task Management System (HTMS)

The HTMS is the core technology of the HiveNet’s decentralized cloud computing network. It ensures the optimal orchestration of customer tasks, the secure validation of computing results and the fair payment of computer owners.

Sales Token

Technical Compliance
The HiveNet will initially be funded through the sale of HiveNet Tokens (HNT). HiveNet Tokensare ERC-20 token and is compatible with many walls and other third-party systems to ensure simple handling.

Legal Compliance
We consider our HiveNet Tokens sales to be compatible with German federal law. All responsive documentation will be effectively distributed to BaFin (German Federal Financial Supervisory Agency) to ensure transparency.

ROADMAP


Team

Dr. Maximilian Pinker: Chief Executive Officer
Dr. Andreas Bogner: Head of Technology
Qiao Pinker: Head of Finance
Evelyn Gu: Senior Marketing Manager
Debasis Ratha: Senior Software Engineer
Manish Chibba: Senior Software Engineer
James Lee: Software Engineer
Tatiana Tsutsor: Communication Specialist
Thomas Wunder: Communication Specialist
George Qiao: Multimedia Expert

Advisors
Dr. Matthias Besch: Senior Advisor
Sebastian Daschner: Senior Advisor



That's enough of my writing this time about the HiveNet project. I hope this is useful for those of you who want to know about this project, for more detailed information about the HiveNet project, you can visit the link below

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