Uranus ICO (URA Token): Blockchain Computer Power Sharing Coin?
What Is Uranus?
Uranus is a globalized computing resource platform that aims at becoming the Airbnb and Uber for computing resources. It seeks to achieve this through linking and integrating underutilized computing power all around the world using distributed blockchain technology, resulting in a shared computing service that is beyond public cloud computing platforms such as Amazon, Microsoft, and AliCloud.
Problems Uranus Seeks To Solve
Uranus seeks to address the challenge of underutilization of computing terminal in personal computers, corporate computers, or traditional physical servers. The underutilization results in the global market losing over $4 trillion in computing resources. Through the utilization of redundant computing power, Uranus can transfer the computing power in the execution of certain computing tasks or purposes such as DNA computing, computing of planetary orbit, advertising, gaming, and Analysis of weather data.
The Uranus Solution
Additionally, Uranus will solve other problems that the traditional public computing platforms like data security risk that may result in leakage of user data, expensive and complex billing model, and the fact that the platforms are not fit for distributed applications.
Other objectives of the platform include offering system autonomy whereby no vendor is left out by providing users with a seamless user experience while at the same time being highly scalable and flexible. Apart from utilizing redundant computing power in the society, Uranus will develop an IaaS built on blockchain technology and support any PaaS and SaaS based on blockchain technology.
The platform is closely related to ubiquitous computing which was a concept popularized by the American scientist Mark Waiser in the 1980s. Ubiquitous computing was aimed at integrating various computer sizes into everything and serves its users quietly through wireless communications.
Standardized Measuring Unit
To simplify the complexity of computing power and its time use and application, Uranus will have a standardized unit of measuring computing power, which will be the main foundation of sharing ubiquitously existing computing power.
Once redundant computing power is identified, the platform will use a customized public blockchain with additional features to connect terminals that are contributors to unutilized computing powers to complete value delivery.
Service Delivery Channel
Uranus will build a Service Delivery Channel for the terminal with unutilized computing power, which will offer users with applications and computing results.
Blockchain Supporting Interworking And Interaction Between Two Channels
Since the current blockchain technology does not support interaction and interworking between two channels, Uranus will develop a blockchain that supports interworking and interaction between two channels through the additional features that the new public blockchain will possess.
The Uranus ecosystem composes of computing power contributors and the users of the contributed computing power. The platform implements smart contracts to oversee transactions or problems that might arise between members of the ecosystem. The smart contracts also ensure that transactions are completed automatically without the need of manual intervention.
Computing Power Computers
Computing Power computers ensure that all compatible applications on the platform are executable once the standard computing power units are determined.
How Uranus Blockchain Computer Power Sharing Coin Works
The Uranus platform functions through its ecosystem, which is made up of the Compute contributor, Compulsion users, and the Platform ecosystem collaborators. The compute contributors are the devices registered on the Uranus Computing Force Sharing Platform while compulsion users are the users or consumers of the computing power from Force Sharing Platform and the collaborators are the application developers and the Eco Business Model Collaborators. The platform is also made up of uraBlock, Uranus management engine, uraTiler, and access gateway.
Uranus URA Token
The core of economic transactions on the platform will be the URA tokens. The tokens enable all the participants of the ecosystem to share or buy computing power and drive delivery value. The tokens will also drive the PoC (Proof of Contribution) Mechanism whereby machine nodes that contribute more computing power are more likely to earn more tokens.
Uranus also has a Uranus Chain that supports various industrial applications scenarios such as large scale commercial applications, fair-service supply measurements, forking, extended off chain services and many more. The chain is made up of a storage layer that stores information about the computing power of a specific node, the network layer that transfers data on the network, the protocol layer that is the responsible for the formation of a consensus mechanism and the extension layer that launches the smart contract.
Uranus’s team has an average of 20 years’ experience in cloud computing which means that the services offered and products developed by the platform are top-notch.
Stable And Reliable
The platform has a mechanism that monitors the computing power resources to ensure that the system is always reliable and stable when dealing with computing resources that are high frequency.
Through the utilization of public blockchain and distributed container technology, the platform offers users with computing services that are cost friendly, efficient, and decentralized.