HiveNet: The Next Generation of Cloud Computing

In 2017, the public cloud computing market was valued at 146 billion dollars which have since experienced exponential growth of around 17.5%. This is a fast-growing market which is an indication of more and more people embracing the technology.

The cloud data center IP traffic in 2018 was valued at 10.6 zettabytes /yr. Globally. In 2018, the public cloud computing market was valued at around 141 billion dollars which is a huge growth and improvement as compared to the forecast from a decade ago which shows the market is valued at less than just six billion dollars.

Research shows that the global public cloud services market is expected to grow 17.5% in 2019 totaling to 214.3 billion dollars with the fastest-growing segment being cloud system infrastructure services with a growth of 27.5% to reach 38.9 billion. Cloud application infrastructure services will be the second-highest with a growth rate of 21.8%. By 2022, the market size will potentially be at nearly three times the growth of the overall IT services.

Hivenet Project.

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Basically, the platform entails connection of computers all around the globe to carry out valuable computing tasks. Hivenet is the ultimate Distributed Cloud Computing Network as it is based on the powerful blockchain technology. The whole concept behind Hivenet is securely renting out your idle computer’s power to other paying customers to carry out scientific research, big data analysis, weather analysis, and many other calculations.

What Hivenet brings to the table for its customers.

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Profitability.

Paying more than you are supposed to for a particular service as a cloud customer is always a challenge regardless of whether yours is a big or small establishment. As a small business owner, at some point, I considered creating my own computing center, but this would have cost me so much, not forgetting maintenance.

Hivenet eliminates the majority of the vital cost drivers, such as those involved in the construction and maintenance of an individual computing center. This means customers get to save a lot of money while enjoying a world-class cloud computing platform.

Dependability.

One of the major weaknesses of the current cloud computing centers is that their monopolization makes them prone cyber criminal activities as hackers know where exactly to hack. With Hivenet, there is a connection of numerous computers globally which means it will be hard for such malicious cybercriminals to know where to access the customer’s data. As a matter of fact, your data is stored in locations hard to predict on the system after which its deleted upon your results retrieval.

A network of computers globally means in the event of one computer’s failure, and a customer can always have another one assigned to them.

Flexibility.

Customers of cloud computing are already aware of the flexibility that this service comes with. Hivenet wants to make transitioning to their platform as easy and manageable as possible. That is why they have enabled the use of the same Docker containers for computing tasks in the Hivenet as well as other conventional cloud providers for customers.

Customers on Hivenet will reap all the benefits that cloud computing comes with, including paying the same low prices instead of in-advance booking of resources to save money which is common in other cloud providers.

Conclusions.

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Keep abreast with all of the updates on Hivenet by making an effort to follow their social media channels. Make sure you also participate in their token sale to make this platform a success. Cloud computing has never sounded so profitable!

🔗 Website: https://www.hivenet.cloud/
🔗 Whitepaper: https://www.hivenet.cloud/resources
🔗 Lightpaper: https://www.hivenet.cloud/resources
🔗 ANN Thread: https://bitcointalk.org/index.php?topic=5182414.0
🔗 Facebook: https://fb.me/HiveNetCloud
🔗 Twitter: https://twitter.com/HiveNetCloud
🔗 Linkedln: https://www.linkedin.com/company/hivenetcloud
🔗 Medium: https://medium.com/official-hivenet-blog/
🔗 Telegram: https://t.me/hivenet

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★ Author: jamesndungu1
★ BitcoinTalk Profile: https://bitcointalk.org/index.php?action=profile;u=1856049
★ All Images credited to HiveNet