The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga.
The current blockchain boom is being compared to the early days of the internet. If that comparison turns out to be true, the blockchain networks and systems present today are at a level of development akin to what was around when MySQL, one of the world’s most used open-source database systems, first debuted in 1995. Considering MySQL’s end-users currently include Facebook, Twitter, and Wikipedia, this bodes well for the ideas yet to be born on new advancements in infrastructure that can support the projects of the future.
Since 1995, advances in technology have led to a number of consumer electronics emerging and entering millions of homes around the world. Smart devices and the high-speed broadband connections that link them to the internet are now ubiquitous features of contemporary life.
The combination of these factors—the rise of blockchain technology and the pervasive presence of smart devices—is being leveraged by a project called StrongNode.io, a company co-founded and headed by Daniel Saito, a former head executive of MySQL’s Japanese operations, to provide an innovative approach to Infrastructure-as-a-Service (IaaS) and edge computing powered by the same ethos of open-source software (OSS) that led to MySQL’s success.
Open-Source Supports Decentralized Supercomputer Capabilities
OSS has proven to be more dynamic than proprietary software, and that’s why so many of the world’s largest tech companies have turned to OSS. Proprietary software cannot be adapted to meet a plethora of varying demands from different users, and the smallest inefficiencies in service can add up into much larger wastes of time and money.
The StrongNode.io team, including its advisors, partners, and investors, believes in the power of OSS. Therefore, StrongNode’s IaaS is building and improving on Apache Hadoop’s MapReduce OSS code, a highly regarded program for handling large data sets across thousands of servers, used by several billion-dollar centralized firms such as Teradata, Cloudera, Hortonworks, and MapR.
How Open-Source Software Powered MapReduce Works
MapReduce first takes data sets and transforms them into more manageable sets of data, which accounts for the mapping part of its name. After mapping, a reduce function then creates smaller sets of data. In this process, data sets are always mapped then reduced, hence the nomenclature.
An example of MapReduce in action includes facilitating researchers’ high-throughput analysis of files from next-generation sequencing (NGS) for the sake of developing innovative COVID therapies. The mapper will sort targeted sequences from unsorted data in each file, and then the output returned from mapping each of these files is reduced to the most relevant information targeted.
Although it was first developed to run in conjunction with the Apache Hadoop ecosystem, MapReduce’s open-source nature allows StrongNode to adapt it to power its supercomputers via StrongNode’s IaaS. Thus, supercomputers with immense computing potential can be created from devices that fit in a pocket.
StrongNode Unites Untapped Potential from Devices on the Edge
There’s a vast pool of potential computing power in most homes that goes unrealized every minute. For instance, reading this article strains a device’s capabilities to well under its maximum threshold for computational work, and while that extra power just lays there dormant, it could be used for other tasks working in the background.
This is the basis of StrongNode.io’s IaaS: uniting the untapped potential from nearby devices, devices on the edge, in order to deliver high-powered computing services where they are needed on demand.
Providers in possession of untapped computing potential can earn money from volunteering their devices’ potential to be linked up with StrongNode.io’s services. Then, users who need access to this high-level computing power can tap into StrongNode.io’s decentralized supercomputers at a cost much lower than relying on Amazon AMZN, which has been accused of rigging the system towards higher prices, or another centralized server.
In a decentralized network, devices closest to the source of Big Data processing requests can be tapped and utilized for affordable processing power. Additionally, requests can be made easily through an API, as StrongNode.io’s UX is designed to be simplified to the point where users are interacting with blockchains and possibly hundreds of devices without even knowing it.
Furthermore, requests for IaaS are often necessitated when processing Big Data from healthcare, machine learning, and AI. This boost in infrastructure could lead to wide-ranging benefits for everyone, not just providers who receive fees or users who save money, since most of the users who need this kind of service are working on projects or research that will change the way we live.
StrongNode.io recently announced that its Initial Decentralized Exchange Offering (IDO) launch and $SNE token public sale will happen on October 6, 2021 in partnership with Starter.xyz and BullPerks.com. More details around the whitelisting process on Starter can be found here.
Image Sourced from Launchteam
The preceding post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Although the piece is not and should not be construed as editorial content, the sponsored content team works to ensure that any and all information contained within is true and accurate to the best of their knowledge and research. This content is for informational purposes only and not intended to be investing advice.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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