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Hamburg, Germany, July twenty third, 2024, Chainwire
Pioneering the Way forward for Decentralized Cloud with real-world demand, Using SLA Oracles and enterprise-grade {hardware} from prime suppliers, ICN is constructing a decentralized multi-service cloud platform.Not possible Cloud Community (ICN), a decentralized cloud ecosystem with roots in Web2, has revealed its roadmap for an open, multi-service platform. Competing with giants like AWS, GCP, and Microsoft (NASDAQ:) Azure, ICN connects {hardware} suppliers, service suppliers, and monitoring nodes via the ICN protocol.
The protocol is designed to stability provide and demand in a blockchain-based market, making certain environment friendly scalability and minimal subsidies. ICN’s structure contains {hardware} for scalability, companies for composable innovation, and monitoring for belief. ICN goals to assist quite a lot of cloud companies, together with storage and GPU compute, providing complete options for various enterprise wants. With Not possible Cloud GmbH as the primary service supplier, the platform has already confirmed that it may possibly facilitate income era by delivering dependable companies with industry-leading efficiency.
Not possible Cloud has beforehand secured €17 million in funding from famend Web3 and Web2 buyers together with 1kx, HV Capital, Protocol Labs, very early Ventures, LBBW VC and TS Ventures.
Newly launched Litepaper now accessible
The Litepaper of Not possible Cloud Community (ICN) is now launched – overlaying an in-depth overview of ICN’s imaginative and prescient and improvement plans. The doc outlines the technical and strategic milestones guiding the platform’s evolution, together with key options, architectural design, and future prospects. A specific focus is on SLA Oracles, that are important for monitoring and making certain the efficiency and reliability of the community for the enterprise prospects.
Kai Wawrzinek, CEO & Founding father of ICN, states:
“Our structure has a multi-layered strategy: The {Hardware} Layer ensures unprecedented scalability via decentralized {hardware} contributions. The Service Layer facilitates composability, permitting open-source software program to combine into bigger constructions. Lastly, the Monitoring Layer, composed of SLA Oracle (NYSE:) nodes, establishes a layer of belief with verifiable proofs to sort out the DePIN verification drawback.”
Customers can discover out extra within the newly launched Litepaper right here.
Vital milestones with key partnerships and a rising ecosystem
Not too long ago, Not possible Cloud Community (ICN) performed a key function within the inception of the DePIN Affiliation alongside different founding members similar to peaq, IoTeX and DePIN Hub. This affiliation goals to develop and speed up DePIN adoption via training, occasions, and strategic collaborations. ICN has additionally introduced strategic partnerships with main {hardware} producers similar to Supermicro and pioneering DePIN initiatives on the forefront of the {industry} similar to Witness Chain.
Throughout a keynote tackle at EthCC, ICN showcased its modern options and strategic imaginative and prescient for the way forward for decentralized cloud. The occasion highlighted ICN’s dedication to constructing a sturdy ecosystem via these vital partnerships. Christian Kaul, COO & Co-Founding father of ICN, acknowledged:
“We’re excited to current our imaginative and prescient at EthCC and consider that our modern strategy will set new requirements within the cloud companies {industry}. The power of our ecosystem is essential as we work collectively to revolutionize the open cloud, making certain a mutually useful platform for innovation.”
These developments sign robust assist from the Web3 and DePIN neighborhood, underscoring ICN’s potential to make real-world connections and convey decentralized initiatives to the forefront of the {industry} panorama. ICN invitations forward-thinking initiatives, builders, and buyers to hitch their mission to revolutionize the cloud {industry}.
For extra particulars on ICN’s ecosystem and strategic plans, the newly launched Litepaper right here gives an in-depth overview.
X – https://x.com/ICN_Protocol
Discord – https://discord.gg/icn-protocol
Telegram – https://t.me/ICN_Protocol
About ICNNot possible Cloud Community (ICN) is a decentralized cloud platform that connects enterprise-grade {hardware} with cloud service suppliers whereas leveraging SLA oracles for uncompromised efficiency or service high quality. ICN already has service suppliers leveraging the platform with a whole bunch of enterprise prospects and real-world income, proving the efficiency and reliability of the platform.
For media inquiries, please contact:
media@icn.world
ContactWeb3 Advertising GovtSara TeixeiraNot possible Cloud GmbHsteixeira@impossiblecloud.com
This text was initially printed on Chainwire