To honour our Media Partnership with Gath3r we bring you this week’s Gather Update 17/8 to share all of the updates the team have been working on:
In this edition of the weekly update blog we will cover Gath3r’s new solution and take a more in-depth look at what it entails. We’re excited to present Compute Power As A Service (CPaaS), as a new revenue stream for Gath3r and an extra resolution for enterprise’s data processing concerns.
What is CPaaS (Compute Power as a Service)
It essentially is a mechanism that serves as an alternate source of computing power obtained at a significantly lower cost. Gath3r is offering a unique solution through our platform, by which businesses can take advantage of the computing power gained from publishers and applications to the benefit of their business by reducing the operational costs of processing their data both on-premise and in the Cloud. This is a very important point in understanding how it would work.
How does it work
➤ External source / Cloud Based – Use Gath3r’s pool of compute power that comes from web mining of participating publishers, as seen in the diagram below:
➤ On-premise/ Internal source: We are in talks with multiple tech companies that would first trial this service using their internal computing power, before using Gath3r external cloud:
We already have interest expressed in this solution by a number of businesses and have partnered with one (check out this previous update blog) to use it in the near future. The advantages for any business are clear and we expect high demand in the coming months as development progresses.
We deliver an additional or alternate form of monetization. Since it’s nonintrusive, it doesn’t degrade the user experience. In fact, it enhances it, because your users can now be rewarded just for browsing your website. Get in on the new way to optimize the way you monetize your website now.
The Gath3r hybrid blockchain supports GTH-producing nodes, as well as a turn- key solution enabling anyone to easily start developing on Gath3r, with the in-built functionality of smart-contracts. The more child chains, the more interoperability. This allows the creation of new applications or platforms easily. These features, along with the unique Merged Mining ability, contribute to increased profitability, chain security and decentralization.
More Gath3r Content:
HASHR8 Podcast – Reggie Jareth, Gath3r CEO
For further content on Gath3r similar to this Gath3r Update 17/8 click here.
*Disclaimer – Gath3r are our Media Partners and therefore this content is sponsored by them. The fees paid by this project are used to pay for The Daily Chain salaries, dev work, hosting services, travel expenses etc.. that are required to make this company a success and continue to provide the community with great content on a daily basis.
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