Mass adoption of trusted hardware not only brings opportunities to cloud security but also a distributed computing platform. With every 6th-generation CPU equipped with SGX instruction, Intel-SGX currently has over 65% market penetration
The Proof of Useful Work (PoUW) consensus enables a self-sustainable blockchain framework. Instead of wasting electricity and computing power on hashes like Bitcoin does, PoUW uses these resources towards useful work tasks provided by enterprises and consumers.
The protocol runs on SGX-enabled CPUs with remote attestation to ensure security and confidentiality.
The novel PoUW approach unlocks the massive potential of idle computing power around the world by providing enough incentives: in this scheme, every computation contributor gets compensated, and some will get the extra reward for generating the blocks.
In the future, this mining scheme can promote Universal Basic Income (UBI).
Attention. There is a risk that unverified members are not actually members of the team
$30 489 548
Website indicates 13 team members and telegram has 15 in admins. Most of them have technical education in well-known universities. CEO does not have enough experience for leading the company graduated in 2017 and having research experience and internships (but it must be noted that internships are in Amazon and SAP). The other team seems to be more experienced. For example, CTO has 10 years’ experience in Amazon being Tech Lead and working with AWS Cloud service as well. Chief Security Engineer has been working in Palo Alto for 2 years and in General Electric and Electronic Arts. Other engineers and researchers are young but have interesting academic and career achievements. BDO has VC experience from 2013 so he is able to lead processes. The bottom line is that tech expertise is enough for developing the product but we see the lack of marketing and legal specialists.
Financial details are not published yet but Hardcap is about $16M (gossips) that is reasonable in comparison to similar projects from Cloud Computing.
Lack of prototype and whitepaper and early stage of the product Current roadmap version ends in July 2018, but it is to be updated
Team and advisors are really strong. With support from neo global capital the project can reach heights.
30-May. Sergey: We have participated in the pre-sale, we were given small allocation. It is very hard to participate in it, as far as we know.Andrey: Sonm and Dadi are competitors. Link
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