HiveNet: The Next Generation of Cloud Computing

Computer has been in existence even before 1941. From that period till now, computers have moved from generation to generation stages. The first generation computers are big in size and it uses vacuum tube as the internal components of the computer at that era. For the second generation computers, it makes use transistors that are light and it does not need more time to warm up, unlike the first generation. The third generation computer was designed with an integrated circuit technology; it is small in size and faster when compared with the previous generations. The fourth generation computer comes with a lot of development, its was during this generation laptop, desktop, and cellphone were all invented. The last one is the fifth generation computer, it could be termed as wireless computer era. It is the most advanced and effective era of computer and that is where we are today. This current generation computer usually being powered by the internet.

These days computer can do the job a human being can do; no wonder I hardly see workers in the bank these days. It is now seems computer can do everything and that is why almost everybody owns a computer. The internet is the most important thing when talking of this current era of computer. The internet makes it possible for all these current computers to perform one or more functions depending on how it is been designed. What makes us to process data, communicate online, sending and receiving messages were as a result of internet. The internet has a data center, usually public that power the server to flow round through the computers. Building a data center is not a child play and it is very expensive, including it's maintenance. The computing business has taken another level and it has moved us into what they called Cloud Computing. The Cloud Computing is the new measure that replace data centers. It is an advanced way of providing data for computers use; they offer their services based on subscription. The computer users subscribe to their services by paying money to them. Since every computer internet needs data to function, the cloud computing industry grows more. Though it is a monopoly business were the core stakeholders determine and controls the flows and the price.

FACTS ABOUT THE TRADITIONAL DATA

• Data can be manipulated
• Data can be replicated
• Data can be copy
• We can't identify fake or real data
• There are lack of trust between the data providers and the computer users.

HERE COMES THE REVOLUTION

The innovation of blockchain is the only technology that will resolve the challenges about internet data and and also the technology that will revolutionize that ecosystem. The blockchain is a distributed ledger technology that is transparent, reliable and also secured; it makes individuals become the controller of their data and eliminate intermediaries. The blockchain will put full stop to manipulation, theft, replicate of data which constitute the traditional data system. Facts about this blockchain is that, there will be no room for fake data.

HiveNet want to introduce that same blockchain into cloud computing system; this means they want to launch a ledger distributing cloud computing ecosystem where internet data will be distributed to computer owners for performing computing tasks. HiveNet want to build a rewarding ecosystem for computing resources.

HiveNet is a platform that want to build an environment that gives permission for computer owners to securely rent out their idle computing power to other customers in a swift way. HiveNet has designed a distributed cloud computing network, that will enable computer owners worldwide to stress free rent out their idle computing resources to the needed customers and earn an income out of it.

What HiveNet is aiming to achieve is that, they want people to maximize and make some income out of the idle computer period. Since we don't make use of our computer all the time, we can rent out the data to someone that wants to use it to perform a computing task and earn some money out of it. The technology that will make it possible is what HiveNet is working to build. The platform is not only working on blockchain protocol, but also on artificial intelligence which will eliminate any kind of fraudulent act on the system.

SIMPLE ILLUSTRATION OF HOW THE SYSTEM WILL WORK

Let assume Mr 'A' has subscribed to cloud computing providers, anytime he is not using his computer (idle computer period), he can rent the same data to Mr 'B' that does not have any other subscription. Mr 'A' will have to share his internet data with HiveNet, while Mr 'B' will get the data through HiveNet platform. Mr 'B' will have to make payment with HiveCoin into the platform, while Mr 'A' will receive receive a compensation or reward from the HiveNet for the services he rendered.

HiveNet is a new platform that will turn your computer’s idle times into an income using blockchain protocol. HiveNet will build a technology that will rent your computer's power out to paying customers who needs it perform their computing tasks.

The funny part of it is that, you don't need to stress yourself and time before you earn, rather you earn while you are resting or sleeping. This is going to be the most famous passive way of earning income. The paying customers are always available to use the computing power, so your income will be steady anytime you are at rest.

Benefits of HiveNet Cloud Computing Ecosystem

The HiveNet distributed cloud computing is far cheaper than the previous cloud computing charges. We all pay huge dollars to subscribe to their services; but as a customer under this umbrella, your pay a little fee to enjoy the cloud computing services from HiveNet. Taking myself as a case study, I usually pay $500 to enjoy the Amazon web services per month. This is too costly to be sincere; but am happy an authernative option is out to enjoy cloud computing services from an idle computer. With the platform's HiveCoin token, you can enjoy web services from HiveNet.

Another benefit of HiveNet is that, it will help to minimize the rate of building new computers, thereby reduces the quantity of electric garbage. This applies the principle of recycling; instead of looking for raw materials to build new product, you can make use of abandoned material to build new product.

The HiveNet platform is using a proof of stake consensus algorithm which are more cheaper and economical than other blockchain protocol. This is a sign that the platform will be economical for usage.

HiveNet Toke Information

One of the purposes of this project is to tokenize and develop a swift ways of making payments across this ecosystem, it also want to open another channel for cloud computing business. The platform also launched a digital currency for the platform, known as HiveCoin. The HiveCoin will be used to fully enjoy the services of HiveNet platform. The HiveCoin can also be used for staking by people who like to invest the token in their possession. Those that need the cloud computing power can get it with the exchange of HiveCoin token.

For these reasons, the platform will make the HiveCoin available for people to purchase. Though the funds the platform will raise will be fully implemented on developing the platform at large. Remember this is a new project and more funds is required to push it on.

The HiveNet have organized some specific stages for the token sale.

STAGE 1: The Pre-Sale

The Pre-Sale has been scheduled to commence on 24th September of this year. Interested people that wish to purchase the token should get their whitelisted for the Pre-Sale, where their details will be verified and get shortlisted. The minimum each investors can buy during the pre sale is $10,000

STAGE 2: The Public Sale

The Public Sale is when the general public will be eligible to purchase the HiveCoin token. The Public Sale is expected to start by November this year.

There are advantages of joining the sale earlier,
These people will enjoy a discount of 25% on any quantity of token they purchase. The price of HiveCoin is 0.08 USD

HiveCoin Token Details
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Token name: HiveCoin
Symbol: HNT
Platform: Ethereum
Standard: Erc-20
Price : $0.08

Token Distribution

CONCLUSION

All computer needs a cloud computing network to connect across the globe to viable computing tasks. Unlike before, we can now hire a cloud computing network to connect our computers from the idle computer; the technology behind this is what HiveNet is aiming to build. This is an exciting development, this measure can make computers owner to earn while their computer is idle or why they are sleeping. Stop wasting your resources, turn your idle computer period into income.

Do you want to know more about HiveNet, visit their website and follow them on social media with any of the links below;

Website: https://www.hivenet.cloud/

ANN Thread: https://bitcointalk.org/index.php?topic=5182414.0

Whitepaper: https://www.hivenet.cloud/resources

Lightpaper: https://www.hivenet.cloud/resources

Linkedin: https://www.linkedin.com/company/hivenetcloud

Medium: https://medium.com/official-hivenet-blog/

Facebook: https://fb.me/HiveNetCloud

Twitter: https://twitter.com/HiveNetCloud

Telegram: https://t.me/hivenet

Bitcointalk Username: Bunmilove

Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2357710