CROWD MACHINE: Next generation of Decentralized application
With regards to developing advances, there are two advances that have drawn more contention than others: cloud computing and blockchain. Two technologies which have driven endless open deliberations, caused various contentions in IT divisions and, more frequently than we'd want to concede, have left numerous in the business profoundly confused.
Intrigue has increased in cloud computing and numerous associations have moved components of their IT into the cloud. We've likewise turned out to be familiar with putting away our own information in the cloud, regardless of whether it's through Dropbox, the iCloud or even Facebook. So far distributed computing has, generally, been utilized to accelerate and lessen the expenses of existing procedures.
Cloud is assuming a key part in guaranteeing representatives stay in touch - working practices have been changed as the cloud permits new and more productive types of coordinated effort. The innovation is never again a 'pleasant to-have' however is a basic piece of any association's framework. We're seeing an ever-increasing number of organizations depending on cell phones as the time of 'office working' gradually draws to a close.
On the other hand, blockchain-based networks, decentralized apps (dApps), and distributed ledgers are becoming the foundation of much of our digital life. It is a new, immutable digital fabric remaking the internet beneath us, and it's more than meets the eye.
By binding together the world's surplus gadget processor limit and blockchain innovation, Crowd Machine has made a very proficient decentralized Cloud. Inside it is a software creation technology which empowers everybody to make decentralized applications.
CURRENT ISSUES
NEED OF SKILLED LABOR: With blockchain technologies being implemented in new products and the number of ICOs taking place, it is very difficult for companies to acquire skilled labor for app creation.
PROCESSING AND PROGRAMMING ISSUES: The demand for apps is more than the speed at which they are being created, while device memory and processor capacity remain largely unutilized.
IMPLEMENTATION OF BLOCKCHAIN TECHNOLOGY: Most companies and individuals wish to use or implement blockchain technology into their products; however, due to lack of knowledge and resources, they are unable to do so.
THE BIG 4: Presently, 65% of market share in cloud market is controlled by Amazon Web Services, Microsoft, IBM Cloud, and Google. This makes it difficult for new companies to rise up.
CROWD MACHINE SOLUTION
Crowd Machine is developing the Crowd Computer, a first of its kind, decentralized app execution engine specifically designed for the execution of smart contracts written on the blockchain. It consists of a network of Crowd Virtual Machines or CVMs. Crowd Computer contains an app development technology which is embedded within it which allows the creation of dApps. This is easy to use and people without very less or no coding experience at all can also use it for app creation.
It provides the various solutions to the above mentioned issues:
- Crowd Machine's software is called Crowd App Studio. This software enables faster and cheaper creation of blockchain apps. Also, as mentioned above, non-coders and coders alike can use it, which leads to creation of unique and exciting apps.
- For a decentralized model to be successful, it relies on resources for execution of apps. Additionally, a network of resources must exist, and the network must be able to execute apps of any complexity. All this is provided by Crowd Machine.
- Crowd Computer's Crowd App Studio allows creation of dApps at 45x the current methods, which is an achievement in itself. This also means that apps are also closely integrated into any blockchain network where blockchain consumption can be driven.
- To tackle the problem of the Big 4, Crowd machine provides you with XaaS platform and a software development platform. This a decentralized solution to cloud computing and doesn't require any huge and upfront investments. Being decentralized, the cost and revenue is also distributed evenly amongst participants.
Furthermore, you can share the apps created on Crowd Machine via Crowd Share, something like GitHub, which can help in monetizing your work. The Crowd Virtual Machine will be made open-source during Q4 2018.
OTHER FEATURES
- EASY TO USE UI
- EXTERNAL INTEGRATION: Crowd App Studio lets you integrate your app with other third party applications and services.
- SECURITY: It used blockchain technology which is one of the safest. In addition, every user on the network is assigned a profile with a private key which is required for both authentication and authorization.
- BLOCKCHAIN AND SMART CONTRACTS: It also allows the user to import an Ethereum smart contract into the network. This provides features like workflow, third party integration, and process management.
- CROWD APP CONSOLE: This is specially designed to enable a developer to monitor the use of any deployed apps on the Crowd Computer. It also calculates the cost of running the app on the Crowd Machine Network.
REVIEW
Crowd Machine offers a very unique solution to creation of dApps by incorporating blockchain technology into cloud computing. I think it offers new developers a very good opportunity to get started with developing apps and also giving them a chance to earn money from it. Crowd Machine is also the only distributed network technology that enables both creation and management of dApps. Many Fortune 500 companies have realized the potential of Crowd Machine and have invested significantly in it.
For more information visit:
Website : https://www.crowdmachine.com/
Whitepaper : https://www.crowdmachine.com/wp-content/uploads/2017/11/Crowd-Machine-Whitepaper.pdf
Published By: Kishan748
My Btalk profile: https://bitcointalk.org/index.php?action=profile;u=1027561