The Coming Distributed Processing Market
Distributed processing, the act of pooling many computers to create supercomputing power, has always been a big market. Those trojans that slow down your computer sell your processing power. If they're not mining cryptocurrency. In many ways, it's the same process, complex floating point computations.
Black market aside, an already flourishing distributed processing market is poised for rapid growth in 2018. A.I., blockchain, and distributed computing are expected to dominate the coming decades of enterprise.
Business systems. Scientific applications. Gaming. Hosting. Animation. Virtual Reality. Genome testing.
It's becoming clear that blockchain technology and distributed processing are converging. And it makes a lot of sense. The act of mining generates the computations, which are safely stored via blockchain, in turn generating the crypto that pays the miners.
Distributed rendering is a subset highly sought after by Hollywood. As it stands, there are a ton of solutions, each of them proprietary, requiring different standards, with no unified rate system in place.
Distributed processing tokens seek to solve these problems, and more. Four crypto to consider in this field are Golem (GNT), Render (RNDR), SONM, and Elastic (XEL).
Golem (https://golem.network/) is generally considered the top project, at least in terms of development time, price, and volume/market cap. Golem Brass (https://golem.network/alpha.html) is in alpha testing, with rendering set up for Blender projects.
Elastic (https://www.elastic.pw/) is most exciting in that they've developed a frontend programming language for users to roll their own use cases. This will lead to widespread development whereby it becomes lucrative to develop processing systems for others who need data processing, without any gatekeepers or data massaging required.
SONM (https://sonm.io/) is an ERC-20 based system with a number of impressive features. And it has a module called Yandex.Cocaine.
Finally, Render (https://rendertoken.com/) aims to tackle the distributed rendering market, primarily, with coins being supplied directly to clients to avoid a bottleneck at exchanges. A second round of ICO is coming soon. https://medium.com/@rendertoken/important-updates-for-rndr-and-upcoming-community-sale-f82678518aa9
Render Vs. Golem - http://dailycryptocurrency.com/render-token-rndr-vs-golem/
Render Article in Variety - http://variety.com/2017/digital/news/otoy-blockchain-token-rndr-1202548625/
It's an exciting time for investors, programmers, and tech enthusiasts alike. Combine that with the business world's need for improved, integrated systems, and the future looks very bright indeed.
Learn more about the importance of distributed computing at the links below:
The Distributed Computing Paradigms: P2P, Grid, Cluster, Cloud, and Jungle
https://arxiv.org/pdf/1311.3070.pdf
The Future Is Stochastic
https://library.e.abb.com/public/618071aade474b0f9389d030a46bb56a/The%20future%20is%20stochastic_US_9AKK107045A2623_170809.pdf
Global Cloud Computing Market Size, Share, Statistics, Trends and Forecast 2022
https://marketersmedia.com/global-cloud-computing-market-size-share-statistics-trends-and-forecast-2022-by-applications-in-consumer-iot-enterprise-automation-and-industrial-iot/268143
Buy SONM on Binance: https://www.binance.com/?ref=11500825
Golem is available on Poloniex and Bittrex. XEL is also available on Bittrex.