Titanium Blockchain is a new distributed ledger based platform that is aiming to create the decentralized version of services such as Amazon Web Services, Rackspace, and Microsoft Azure.
The mission of the platform is to leverage the unique properties of the blockchain in order to provide virtual infrastructure services for both businesses and individuals with an ironclad guarantee of reliability. The Titanium Blockchain platform aims to achieve the “creation and propagation of a shockproof distributed network infrastructure”.
The innovative solution proposed by the Titanium Blockchain team is set to replace the inefficient and bloated infrastructure upon which the internet is based. Ultimately, the Titanium Blockchain project wants to create a better internet infrastructure that cannot be disrupted or controlled.
In light of recent international regulatory movements regarding net neutrality, the Titanium Blockchain proposition is extremely attractive. In order to create their vision, the Titanium Blockchain team is about to launch An initial coin offering that will generate the capital necessary to complete the development process.
In this article, we’ll take a look at the Titanium Blockchain platform and find out how it works to help you determine whether it’s worth investing in.
What Is Titanium Blockchain?
Titanium Blockchain wants to make it possible for virtually any network device- everything from routers to cryptocurrency mining hardware- to be completely virtualized and exist in an interconnected cloud. This will allow users to establish enterprise level infrastructure without the need for physical hardware such as load balancers, routers, and servers.
The foundation of the Titanium Blockchain solution consists of several elements, the first of which is Infrastructure as a Service, or IaaS. The Titanium Blockchain IaaS solution consists of virtualization software that allows for the creation of distributed environment based network components such as servers, routers, and switches.
The virtualization of these network infrastructure elements will create a platform that will make it possible to establish and manage distributed enterprise IT environments, or deliver website hosting through a virtual server system.
The second element of the Titanium Blockchain system is a Desktop as a Service, or DaaS platform. This element enables the creation and hosting of encrypted personal computing environments on the Titanium Blockchain cloud, which can be accessed from either any terminal or a purpose-built operating system.
Titanium Blockchain are extremely confident in their ability to manage all of the security issues that arise from distributed desktop environments, citing their Titanium Hydra Ultra Fault Tolerance Suite and SHAKE256 Titanium Sponge Cryptographic Techniques.
Titanium Blockchain also plan to establish a Company as a Service, or CaaS suite, which functions as an automated software suite that delivers extremely simple, fast, and secure business creation tools. The CaaS suite is managed by smart contracts that perform functions such as filing trademarks and patents, registering licenses, creating bank accounts, leasing new office space, and hiring new employees.
Titanium Blockchain also offers a CryptoEscrow service that allows users to pay for online purchases with a wide range of different cryptocurrencies. This service, based on the Ethereum blockchain, will ensure that payments to merchants are only released upon successful delivery to the buyer.
The features of the Titanium Blockchain project don't stop there, however. The project also provides “Bring Your Own Cloud”, or BYOC services provides users with a secure environment compatible with server operation or cryptocurrency mining functions. This element of the Titanium Blockchain platform will be driven by a proof of work ERC20 token that generates a constantly changing hash for communications encryption.
Titanium Blockchain also plan to roll out a distributed exchange called the TBIS Titanium Exchange. This exchange will provide support for the ten most used fiat currencies, and allows for direct peer to peer trading of the top 100 cryptocurrencies in the market.
Lastly, Titanium Blockchain also offer an ICO incubator platform that delivers end-to-end token launching functionality. Importantly, Titanium Blockchain will require all ICOs launched on their platform to possess both Better Business Bureau and Duns & Bradstreet accreditation.
The Titanium Blockchain ICO
Titanium Blockchain have recently released the details of their ICO pre-sale, which will launch at the beginning of December 2017. The cryptocurrency of the Titanium Blockchain platform, BAR, will be available in the pre-sale at a 20% discount at a rate of $1 USD per BAR.
During the ICO, which launches on the 1st of January 2018, the price for one individual BAR will remain at $1 USD with no bonus.
Titanium Blockchain ICO Verdict
The Titanium Blockchain project is extremely ambitious, but appears to possess the technological capacity to deliver on the promises they make should the ICO be successful. If you’re interested in the Titanium Blockchain project, the pre-sale is currently live.