The computer is now such a vast number of varying products, ranging from the huge mainframes, to wearables spread all over the world. The world has come to depend heavily on the genius behind the fast processing power and ease that these marvelous inventions have come to give us in the modern world.
In the last decade and a half, the phenomenon that is cloud computing was given birth, reinventing the way we store and access data, as well as share it whenever we choose to. Suddenly we don’t have to stock up on tens of physical hard drives to store our terabytes of data, with the possibility of losing them whenever a malfunction happens.
But despite the undisputable ease that cloud computing has afforded us all, there still remains a lot of problems that plague our daily computing needs, and new ones that were uniquely created by cloud computing itself. As of present the world of cloud computing is a virtual monopoly that is occupied by the three internet giants as Microsoft, Amazon and Google, meaning that prices of access to these services remain relatively high, as there isn’t any feasible competition in the industry to force them knock down prices.
With the advent of the Internet of Things, there will literally be billions of devices, and sensors coming online to take up what is already a limited resource that the present cloud computing platforms are, making safe, and accessible computational resources the most sought-after commodity in the world.
The Dawn of Fog Computing
Fogcoin is a blockchain based startup that seeks to redefine our idea of computing and seeks to take us to the very next generation that will open limitless possibilities that the present systems simply do not afford us. Fogcoin is a brilliant creation that seeks to dismantle the present limited cloud computing monopolies by harnessing the almost limitless computational powers that remain redundant all over the world.
Offering businesses and individuals, boundless computational resources that are safe, affordable and easily accessible with zero hassle or distress. Fogcoin seeks to make every individual around the world with any computational device, an active stakeholder in the world of cloud computing.
With one fell swoop Fogcoin will unleash the biggest untapped resource on the planet for use on the emerging IoT industry of the world.
An Incentivized Platform
Fogcoin is a platform with just the right tools to make its goal a reality. With so much computational power remaining wasted around the world, Fogcoin is set to unleash it, bring it online and put it to use for everyone. Making computational resources that individuals and businesses can use for diverse industries such as Virtual Reality, Augmented Reality, Robotics, and further empowering the blockchain technology.
Fogcoin with its native economic token will offer users just the right stimulus to put their unused computational power to work for them, earning them valuable passive income, without having to learn any coding whatsoever.