For the past few years, cloud computing has been a growing sector. Its market capitalization is projected to quadruple toby 2032. However, as the market is dominated by few participants, such as AWS, Azure, and Google Cloud, companies and retail users worldwide would be badly affected by a systemic failure of one of these players.
For example, if a user has to render a complex 3D animation without having the required hardware, they can post a request on Swan Chain’s platform. Providers with the necessary computational power can bid to take on this task. This reduces the time and cost compared to traditional cloud services. According to information provided by SwanChain’s team, running a Chat GPT-like model on Swan Chain’s infrastructure network could be 40-50% cheaper in comparison to big market players such as AWS.
To gain a full overview of Swan Chain’s product, along with other key developments in the DePIN ecosystem, read the full reportSwan Chain’s ecosystem is based on a decentralized network of hardware providers that execute computing tasks on behalf of users. This computing layer accepts payments in various tokens across blockchains. Products based on zero-knowledge computing technology are among the services on offer.
The research team features subject matter experts from the fields of finance, economics and technology to bring the premier source for industry reports and insightful analysis to the market. The team utilizes APIs from a variety of sources in order to provide accurate, useful information and analyses.The opinions expressed in this article are for general informational purposes only.
Cointelegraph does not endorse any content or product on this page. While we aim at providing you with all important information that we could obtain in this sponsored article, readers should do their own research before taking any actions related to the company and carry full responsibility for their decisions, nor can this article be considered as investment advice.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Next $1 trillion company will be DePIN: Uplink CEOUplink CEO Carlos Lei Santos predicts the next trillion-dollar company will emerge from the DePIN industry, driven by the growing demand for decentralized wireless connectivity solutions.
ソース: Cointelegraph - 🏆 562. / 51 続きを読む »