HiveNet turns your free time computer into income!

What is HiveNet?

HiveNet is a Distributed Cloud Computing Network, which connects

computers around the world to do valuable computing tasks.

Can you imagine your computer making money while you sleep?

HiveNet turns your computer into free time into income!

During this time, your computer's power is leased safely to paying customers who do their calculations (eg Scientific research, weather forecasts, big data analysis).

Abstract

Over the past few years, the adoption of cloud computing by companies and individuals throughout the world

The world has been developing at the highest speed, because outsourcing computing power is more flexible

and often cheaper than establishing specialized computing centers. Today, cloud computing

representing the main business sectors, which generate revenues of several hundred billion dollars each

year. This trend continues and the cloud computing industry will grow around 16% every year

throughout the coming years [1]. Nevertheless, computing resources remain expensive, especially

because of the high costs associated with procuring and maintaining hardware at the supplier's end, such as

and very large margins, which are the result of market monopolies [2, 3]. Meanwhile everything

throughout the world, innumerable personal and business computers are not used for most hours of the day.

HiveNet will provide technology solutions to utilize this idle computer time by building a

distributed cloud computing network. This will allow computer owners to make profits from the Internet

their computer's idle time. HiveNet achieves this by creating an isolated environment in

computer, which allows renting out computing power while still ensuring security against potential

threat. For cloud computing customers, HiveNet will be much cheaper than traditional providers,

because HiveNet will use the existing idle resources and save the most relevant cost drivers,

such as amortization of hardware investment.

The computer owner will receive a fair share of customer payments, depending on what is provided

number of resources. However, payments cannot be made in any specific national currency

many reasons, such as large fees for financial service providers when transferring

cross-border money. We overcome this obstacle by introducing HiveCoin, which will become

default cryptocurrency from HiveNet. HiveCoin will be fast, simple and simple

secure payment system, which will be free of transaction fees. In this way, the financial interests of PT

customers and computer owners are conveniently aligned. To ensure wide distribution and

decentralized HiveCoins and to fund further development, the largest portion will be sold to

public.

HiveNet aims to enable public decentralization of industry and empowerment of cloud computing

computer owners all over the world. HiveNet will also have a positive impact on the Internet

environment, because that will increase the use of available computers. In this way, resources will be reduced

consumed to build new computers and less electronic junk will be created

Benefits of HiveNet

Computer Owner

How many hours per day are you actually using your computer?

Just imagine your computer earning you some profit during the rest of the day. HiveNet makes it possible by securely delivering valuable computing tasks from paying customers to your computer.

All you need is a computer with an internet connection.

Customers

HiveNet is much cheaper than traditional cloud computing. How? Because many important cost levers that apply to traditional providers (e.g. Amazon Web Services) don't apply to HiveNet, because it utilizes idle times of already available computers. So, there is no need to invest into new computers, housing and many other operational costs.

Crypto Traders

HiveNet has its own inherent cryptocurrency: the HiveCoin. HiveCoins are used to pay for computing power within the HiveNet. Hereby an ongoing demand for HiveCoins is ensured and will create one of the few cryptocurrencies with a real, fundamental value, which provides excellent short- and long-term opportunities for traders.

Nature

HiveNet increases the usage of available computers. Thereby less resources are consumed to build new computers and less electronic garbage is created.

Also, the HiveNet Blockchain is using a highly economic Proof-of-Stake consensus mechanism, which is much more resource saving than most available blockchains.

How it works

HiveNet User Client

The HiveNet User Client is the user all-in-one tool and includes the computing, blockchain and wallet software modules. It enables an easy and user-friendly handling without the need for profound technological know-how.

HiveNet Blockchain

The HiveNet Blockchain is secured by a highly efficient

Proof-of-Stake consensus mechanism. It is specifically optimized for the HiveNet and combines high security with fast transactions.

HiveNet Task Management System (HTMS)

The HTMS is the core technology of the HiveNet's decentralized cloud computing network. It ensures the optimal orchestration of customer tasks, the secure validation of computing results and the fair payment of computer owners.

Roadmap