DeepCloud AI ICO - Smart Cloud Computer Infrastructure Project

The project of democratization of the sphere of cloud computing and ensuring equal conditions for resource providers and application developers. The authors of DeepCloud AI ICO are working to create a decentralized cloud computing platform running artificial intelligence (AI) technology. It is designed to run decentralized applications and the Internet of things (IoT and Web 3.0 dApps). Applications will run in a secure isolated environment on peer-to-peer resources, and all transactions will be controlled by a blockchain through smart contracts.

Development team

As stated on the project site, the DeepCloud AI team combines specialists with a passion for blockchain technology, AI and decentralized cloud computing resources.

It includes scientists, researchers, AI experts, engineers, and entrepreneurs who have been developing, implementing and promoting cloud computing technologies for companies such as Azure and IBM for more than ten years.

 Work on the project, including:

Felix Castro Rodriguez (manager, has 18 years of experience in research projects, network engineer and block chain integration specialist, is responsible for the implementation of test sites based on the DeepCloudAI platform for partner companies in South America, such as TV Azteca).

Benson Leung (director of project management, has five years of experience in technical startups, implemented several successful projects, an experienced specialist in the field of business operations and project management).

Derry Law (business development manager, founder and CEO of ICO management and consulting firm in the field of ICO Alphablockchain Solutions, participated in the promotion of a number of ICOs, including Zebi, SentinelChain and PChain).

Derin Karim (Community Relations Specialist, Director of the project Alphablockchain Solutions, has extensive experience in community management, previously participated in ICOs such as THEKEY, Zebi and PChain).

Majid Elzhajtstsar (head of the AI ​​development department, engineer, has five years of experience in the field of development using AI and blockchain, a specialist in machine learning and distributed systems).

The need for decentralized cloud solutions

Currently, the IT industry is experiencing a real explosion of IoT integration, which has begun to actively enter our daily lives.

According to the portal Statista, the global IoT market will grow from $ 2.99 trillion in 2014 to 8.9 trillion in 2020, reaching an average annual growth rate of 19.92%. Although the opinions and assessments of experts are somewhat different, they all point to the same thing - IoT markets are growing and will continue to grow at an accelerated rate.

Modern market technologies and services are effective in processing centralized data, but are unable to process the information used by AI with the same success. With the growing need for decentralized technologies such as dApps, created on the basis of the blockchain, there is an increasing need to find a better solution. Even the current traditional payment systems and leading cryptocurrencies such as Bitcoin and Ethereum are not able to provide a scalable, fast and affordable platform that can satisfy current market needs.

For efficient processing in conditions of active use of AI, decentralization of available computing and storage resources is necessary. Without this, current systems will reach their limits in expansion and will no longer be able to perform their functions.

The main objectives and features of Deep Cloud AI

Project developers are trying to change the situation. But instead of creating an unnecessary symbolic system or implementing another frivolous concept based on the blockchain, they intend to prepare an infrastructure aimed at using both in our day and in the future.

The IT industry needs extensive computing resources for processing and storing data within traditional systems, not to mention long-term, promising applications and other services.

To date, only a small part of blockchain projects and cryptocurrencies used as a means of payment can withstand the problem of scaling. In fact, this and other problems have been taken for granted by the general public in the development of digital money. The constantly evolving block technology industry aims to find a way out of such problems by announcing the beginning of a new era of decentralization and innovation.

Despite the growing popularity, Bitcoin processes an average of about 3 transactions per second, and Ethereum - 5. For comparison, the traditional centralized Visa system is capable of processing about 24,000 transactions per second. First of all, this is due to large investments in the infrastructure of traditional payment systems.

Despite the existence of many traditional cloud services, all of them are focused on centralized data storage and information system deployment.

Decentralized cloud computing infrastructure

According to the stated goals and objectives of DeepCloud, its team aims to transform the existing, time-tested cloud computing concepts into a promising scalable system. This is achieved by using three main components described in the technical documentation of the project:

Network users. People who use DeepCloud platform services using DEEP tokens for making payments. They are the main target audience. The platform will offer a huge amount of services, for example, databases, the use of software (software) and computing power. All customers will be able to get individual functions based on AI when using computational resources.

Network member (node). People who provide resources to other participants in the network and receive DEEP tokens for it. The network participant must have a certain amount of coins on his wallet for launching nodes and providing services to users. Tokens will be blocked for the period of service. The higher the quality of the services provided, the higher the member’s rating and remuneration.

Network requests. Each network node has a specific network status. The controller sends requests to network users. Some queries may have a high level of complexity for working within the network. In this case, the controller distributes requests to run on the sidechain or main nodes. It also controls the process of planning the implementation of tasks in order to avoid dependence between them. The controller saves the results and checks in real time so that each request is executed in the right cluster and works in accordance with the specified requirements.

It is worth noting that before the start of the DeepCloud project development, its development team spent several years creating and testing operational services and platforms, after which it began working in the field of block technology. The new platform will work with categories of consumers using IaaS, the application market and developer communities that use cloud resources for storing and processing information.

Benefits

The most obvious strengths of the project:

AI technology (integration of AI technology and blockchain provides unique identifiers for each node).

The economic model (each node will have its own token, and users will be able to earn them by providing certain services on the platform).

Security (platform security system allows you to solve the pressing problems of the reliability of the block ecosystem and much more).

DEEP Token

The key to the planned cloud infrastructure ecosystem is the DEEP token. There are several ways to use coins on the DeepCloud platform:

access to the platform;

use of premium features for VIP users;

payment by network users and developers;

payment of rewards to network members.

Users can get DEEP tokens in three ways:

participation in the ICO;

buying on cryptocurrency exchanges;

earnings for services provided under the platform.

Road map

2018:

July - test pilot project platform;

August - the first live project test with the participation of decentralized applications (IoT, dApps);

Q3 - launching the final version of the platform and forming a team to support full-scale development and testing;

IV quarter - the introduction of support for web applications.

2019:

I quarter - the beginning of the use of such dApps, as video processing using AI technology;

II quarter - development of a global partnership, launch of an application market;

Q3 - system resiliency expansion to support corporate clients;

Quarter IV - start investing in research and development, developing the developer community and the ecosystem to create decentralized applications, creating a fund to support and encourage new active participants.

More details, please visit:

Website: https://www.deepcloudai.com/

Twitter: https://twitter.com/deepcloud_ai

Telegram: https://t.me/deepcloud_ai

Medium: https://medium.com/@DeepCloud_AI

White paper: https://www.deepcloudai.com/paper/Whitepaper_DeepCloud_AI_Version1_00_ENG.pdf

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