DeepCloud is building an AI-driven decentralized cloud computing platform for running decentralized applications — IoT and Web 3.0 DApps. DeepCloud AI will democratize the playing field for cloud infrastructure and open-up the market for resource provides and application developers to run and deploy their decentralized applications in a cost-eective manner. Like Golem, SONM, iExec, we are building a decentralized cloud platform, and betting on blockchain based cloud solution as the future for decentralized applications. Their core dierentiator is the use of AI for doing the resource matching between the network resource providers and application developers. Further, with the extensive industry knowledge and expertise of building Enterprise solutions, their core team, brings to the table deep insights and know-how for Enterprise customers.
Problems & Solutions
While the cloud industry is already very mature with large players like AWS, Google Cloud and Azure, their cloud infrastructure is geared towards centralized applications where key resources are running in large centralized data centers. These solutions are not suitable for building decentralized peer-to-peer and IoT applications which have the requirement for computation resources running close to the edge devices for processing the growing volume of data generated at the edge, or a cost-eective, solutions for payment flow for micro-transactions executed automatically by the p2p IoT devices as they interact with each other and automate common tasks.
Similar problems exist for solutions involving complex multi-party integration across organizations for example in supply chains, government institutions, financial institutions. Current systems rely heavily on high cost intermediaries and proprietary interfaces which are very costly to build and maintain making it difficult for smaller players and companies to enter into market.
With DeepCould AI, a wide range of use cases can be addressed using its platform included:
Smart Cities: IoT and AI at edge scenarios for smart cities, so that local governments can focus on building the core infrastructure and rely on DeepCloud AI's resources close to edge for running and deploying their applications.
Supply Chain: Enterprises and shipping companies with complex supply chain tracking challenges can run and deploy their blockchain based applications on the DeepCloud AI fabric for tracking all the transactions with full audit trail, secure and tamper-proof.
TV Services Providers: Service providers like TV/Cable companies can rely on DeepCloud AI's decentralized services, such as local caching of media streams during football season or large audience events like the Olympics.
Decentralized AI Algorithm Learning: For IoT applications with security and data privacy concerns, by running Decentralized AI Algorithms close to the edge devices themselves, one can generate the compressed insights on DeepCloud AI resources. This provides a mechanism for IoT device consumer's to monetize their own data with all the transactions and encryption of the data and the algorithms via the blockchain.
Features & Highlights
DeepCloud AI relies on the Network Resource Providers and Application Marketplace providers for the services that it offers on the cloud. DeepCloud AI’s Core Platform controller manages the resources and has the AI Matching engine for matching the Network Resource Providers and the Application developers.
DeepCloud AI is based on Proof of Service (PoSe). Masternodes for each cluster schedule tasks between nodes in the same cluster and arrange tasks dependency and execution time between nodes. Master nodes works as the brain of the network. They have complete visibility into all resources in the network. And using DeepCloud AI’s AI Matching Engine the controller, dynamically configures and assigns the resources based on real-time analysis. Any consensus in the network would be through master nodes (i.e. Measuring network states, network trac balance). If any network cluster requires additional resources, the allocations would be handled through consensus between master nodes.
A Matchmaking algorithm is a necessity for any distributed system, as decentralized applications require many resources close to the source. DeepCloud AI’s AI Matching algorithm is based on several parameters including information from network user requests, location of usage, network contributors’ states in master nodes. Each masternode will classify network contributors into clusters based on services. Every request will be handled based on the service, network states, and consensus between masternodes.
AI Driven Optimization: A state-of-art matchmaking algorithm to allocate resources for computation requests in the most optimal way. Decentralized applications require resources close to the source. Our matching algorithm is based on several parameters including information from network user requests, location of usage, and network contributors’ states in master nodes.
Integrated Marketplace: Linked to the decentralized resources on our platform to provide optimal performance.
Security: To address the security needs for Enterprise customers, DeepCloud AI is building a secure layer around Intel’s SGX technology and will deploy real-time monitoring of the platform to prevent fraud.
Blockchain Based: Using the blockchain to decentralize control and increase trust, DeepCloud is blockchain agnostic with goal to enable high throughput of transactions and low transaction costs.
Token Sale & Economics
- Project website: https://www.deepcloudai.com/
- Project whitepaper: https://www.deepcloudai.com/paper/Whitepaper_DeepCloud_AI_Version1_01_ENG.pdf
- Token sale start time: 2019-07-18 12:00 UTC
- Ticker: DEEP
- Token type: ERC20
- Total hard cap: $3,000,000
- Total supply: 200,000,000 DEEP
- Public sale token price: 1 DEEP = $0.100
Token Utility & Use Cases
DEEP Token are used for all transaction payments. DEEP token is ERC20 compliant Utility token. Network Resource Providers and Application Marketplace Providers earn DEEP tokens for the resources they provide on the DeepCloud AI Platform. Block Miners generate new DEEP tokens based on validation tasks they are given by the DeepCloud AI Platform for validating new block transactions. And, Decentralized Application Developers, use DEEP tokens for consuming the resources to run their applications on DeepCloud AI.
There are several usages of DEEP tokens on DeepCloud AI’s platform:
- Access to the DeepCloud AI’s network system
- Utilize premium features for High-End Users
- Payment means by Network Users and Application Developers
- Payment method to Network Resource Providers and Application Marketplace Providers
Roadmap & Updates
- Q1 Market Study - Concept Formation
- Q2 Public Whitepaper - Concept Formation
- Q3 Huron Release - Private MVP, DeepTransfer
- Q4 Tahoe Release - Public MVP - IoT, dApps, DeepTransfer Premium
- Q1 Salton Release - Enterprise MVP, DeepChain Testnet MVP
- Q2 Erie Release - Application Marketplace, DeepProperty
- Q3 Yellowstone Release - Scalable Enterprise
- Q4 Falcon Release - DeepChain Mainnet Developer Community, Ecosystem
- Q1 Wheeler Release - Foundation Formation, DeepChain Developer Tools
- Q2 Klamath Release - Global Enterprises
- Q3 Beaver Release - DeepChain Analytics
- Q4 Grenada Release - DeepChain Fraud Prevention Engine
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