June 27th, 2018 — During Silicon Valley Blockchain Week, Nebulas team met with DeepCloud AI team and welcomed them into the Nebulas ecosystem.
DeepCloud AI is combining artificial intelligence (AI) and blockchain to build an AI-driven decentralized cloud computing platform for running decentralized applications (DApps), including Internet of Things (IoT) and Web 3.0 DApps. The Nebulas blockchain is a next-generation public blockchain, aiming for a continuously improving ecosystem. Based on its blockchain valuation mechanism, Nebulas proposes future-oriented incentive and consensus systems, and the ability to self-evolve without forking. The Nebulas blockchain incubator will support DeepCloud AI’s advance decentralized cloud computing, artificial intelligence, and blockchain technology.
DeepCloud AI will provide a spot market for computing and storage resources for enterprise-level users and individuals. This spot market is designed to let users share their excess computing capacity on their decentralized cloud and with their AI matching engine. Applications will execute in a secure sandbox using peer-to-peer resources, and all transactions are managed on the blockchain with smart contracts.
DeepCloud AI will democratize cloud infrastructure and open a market for computing resource providers and application developers to run and deploy decentralized applications in a cost-effective manner. DeepCloud AI is building a decentralized cloud platform and is investing in blockchain-based cloud solutions as the future for DApps. The project leverages AI to perform resource-matching between network resource providers and app developers. Further, with deep industry knowledge and expertise in building Enterprise solutions, the core DeepCloud AI team is equipped with insights and solutions for Enterprise customers.
DeepCloud AI’s Decentralized Cloud Infrastructure and Application Marketplace will leverage Nebulas Rank and the Developer Incentive Protocol to democratize cloud computing. This will level the playing field for cloud resource providers and unlock the potential of DApp developers, allowing them to focus on building their core application logic and leaving the management of the network’s infrastructure, its complexities, and tools and components to DeepCloud AI. With this combined force, DeepCloud AI can potentially take on large monopolistic players in Cloud Computing space such as Amazon AWS, Google Cloud, and Microsoft Azure.
The union of Nebulas’ technological expertise in the blockchain space and the DeepCloud AI’s experience in AI and Cloud Computing technologies will strengthen both parties as they strive to be world leaders in decentralizing computing for the masses.
Nebulas founder Hitters Xu will also be a technical advisor to DeepCloud AI, providing insights gleaned from years of experience of developing and building blockchain ecosystems, products, and communities.
“When I communicated with DeepCloud AI, I was impressed by their vision for democratizing the cloud and making it easy for anyone to share their computer resources and make money, at the same time making it easy for DApp developers to get to these resources for building the applications along with Application Marketplace. I believe the use of Nebulas blockchain by DeepCloud AI can build a strong ecosystem for decentralized applications. I am very excited and looking forward to our great collaboration ahead.” — Hitters Xu, CEO of Nebulas.
“After speaking to Nebulas over the past May, we have ascertained that both our directions, goals, and visions are aligned, and have therefore positioned both the DeepCloud AI and Nebulas teams to work more closely together and make sure the DeepCloud AI product is adequately supported. The flexibility and support we get from Nebulas team will allow our project to flourish and overtake existing solutions in a much reduced time span — both from a technological and chronological standpoint.” — Quote from Max Rye, DeepCloud AI CEO.
Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.
Property Loans for Foreigners in Singapore That You Must Know About
Intending to invest in a residential or commercial property in Singapore?
When it comes to foreigners applying for a loan in Singapore, things can be pretty hard regardless of the reason whether you need the property for personal or business purposes.
In Singapore, buying a property is challenging, whether you are a foreigner or a native, and sometimes applying for a loan is the only way for you to afford it.
HOW MUCH CAN YOU BORROW FOR A PROPERTY LOAN IN SINGAPORE?
As for the Foreigner Loans, in Singapore, there is an exact amount of money you can borrow to finance the purchase of a property.
In this sense, Singapore has the Loan to Value Ratio (LTV).
The LTV ratio is what determines the exact amount of money you can borrow for a property loan, which changes depending on where you try to obtain the loan:
- If you are applying for a bank loan, you can borrow a maximum of 75% of the value of the property you want to purchase. That means if you are looking for a property that costs $500.000, the maximum amount of money a bank lender can give you like a loan in Singapore is going to be $375.000.
- When you are applying for a loan with a Housing…
CoinField Launches Sologenic Initial Exchange Offering
CoinField has started its Sologenic IEO, which is the first project to utilize the XRP Ledger for tokenizing stocks and ETFs. The sale will last for one week and will officially end on February 25, 2020, before SOLO trading begins on the platform. Sologenic’s native token SOLO is being offered at 0.25 USDT during the IEO.
Earlier this month, Sologenic released the very first decentralized wallet app for SOLO, XRP, and tokenized assets to support the Sologenic ecosystem. The app is available for mobile and desktop via the Apple Store and Google Play. The desktop version is available for Windows and Mac.
“By connecting the traditional financial markets with crypto, Sologenic will bring a significant volume to the crypto markets. The role of the Sologenic ecosystem is to facilitate the trading of a wide range of asset classes such as stocks, ETFs, and precious metals using blockchain technology. Sologenic is an ecosystem where users can tokenize, trade, and spend these digital assets using SOLO cards in real-time. The ultimate goal is to make Sologenic as decentralized as possible, where CoinField’s role will be only limited to KYC and fiat ON & OFF ramping,” said CoinField’s CEO…
Many of the Top Sports Betting Websites for 2020 Can Be Found On Boomtown’s Best Betting Page
Sports betting is one of the widely known types of online gambling. With a large number of sports fans around the world, this type of gambling is one of the most sought after. The problem usually comes from when gamblers try to find the best sites out of the many available ones. Many new sports betting sites come up daily, thus making the selection process even harder. One of the best places to find top betting websites for sports is Boomtown Bingo. This platform doesn’t just give users the best online casino games websites, but they also cover sports betting. As such, boomtown bingo remains a one-stop-shop for everyone who needs the best and the latest online gambling and gaming sites for all types of devices.
The performance of any website is critical. Users need to find their way around the site easily, and that can be made possible with the site structure and arrangement. Loading time is also essential. A website that always hangs thus pushing the user to refresh every time is no good. These are some of the factors that Boomtown Bingo looks into when selecting the best sites for its users. You can be sure that the new sports betting websites listed on Boomtown’s platform have faster loading time, can be used easily by everyone, including those who are trying this betting for the first time.…