HPE and Global Blockchain Technologies enables blockchain based P2P enterprise cloud services marketplace

HPE and Global Blockchain Technologies enables blockchain based P2P enterprise cloud services marketplace
Snip from https://globalblockchain.io/

HP Enterprise along with Global Blockchain Technologies trying out a proof-of-concept (“PoC”) for a peer-to-peer (“P2P”) decentralized marketplace for cloud services, geared towards enterprise users. It will also enable seamless integration with tools such as OneSphere and Nimble.

The PoC said to enable users to purchase extra cloud computing resources from their peers. This is sharing economy model perfected by Uber and AirBnB and the idea is to bring benefits of this "sharing model" to enterprise cloud users. Laster Network, a hard fork of Ethereum blockchain, developed by Global Technologies will enable such sharing model. The Laser operates on top of any existing blockchain networks thus providing a service layer.

“This PoC will do for enterprise cloud services what AirBnB did for accommodations,” said Shidan Gouran, President and CEO of the Global Blockchain Technologies. Gouran continued, “With computing resources becoming increasingly in-demand in enterprise organizations, the ability to buy and sell excess capacity will revolutionize enterprise IT.”

Three key benefits that come from using a blockchain-based solution:

Security is provided by Laser's collateral requirement for servicenode operators. The bad actors are disincentivized by a possibility of confiscating their collateral. Distributed file system and replication ensure the reliability and resiliency of network. Efficiency can be gained from the overall function as a peer to peer transaction on the decentralised network, a natural characteristic of the blockchain.

This PoC lays the foundation of a BLOC project called the Stratus Marketplace (“Stratus”). Stratus will be an open-source, Internet-scale P2P storage network. It will eliminate the risks and inefficiencies of centralized storage methods, liquidates unused capacity, and brings low-cost computing resources to enterprise users. Stratus presently has a targeted release date in late Q3 of 2018.

This post is subject to the original announcement

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Mandar is a seasoned software professional for more than a decade. He is Cloud, AI, IoT, Blockchain and Fintech enthusiast. He writes to benefit others from his experiences. His overall goal is to help people learn about the Cloud, AI, IoT, Blockchain and Fintech and the effects they will have economically and socially in the future.

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