Historically, access to high-performance computer systems was reserved for large companies that have the technical, financial, and human resources to own and manage these systems. Over 5 billion consumers interact with data every day, and Samsung estimates that this will be 6 billion by 2025. Developers need better tools and methods to handle the additional processing required for high-volume data processing, which has intensified the need for advanced computing and performance.
In response to this growing demand, companies such as Amazon Web Services (AWS), Microsoft Azure and Google Cloud Platform (GCP) recently introduced cloud-based computing services for small and medium-sized developers who need advanced IT resources to support a wide range of applications. Although cloud computing resources can support global applications, the centralized architecture introduces the issue of scalability.
Distributed computing solves the issue of scalability by spreading the demand of compute processes across several high-powered machines.
The Genius tokens system infrastructure serves as a distributed multi-purpose service with a cryptographic payment system that allocates computing resources and integrates them into real-world projects. By purchasing Genius Tokens, developers buy as many scalable distributed resources as necessary to power their projects. These tokens can be used in exchange for computing power, or they can be exchanged for conventional currency.
By tokenizing computing power, developers can integrate their projects on blockchain technology and leverage its inherent distributed architecture. Genius Token integration provides:
01 TRANSACTION
Customers request processing of data for Artificial Intelligence or Machine Learning and pay into an account that converts the currency into Genius Tokens. The transaction happens via a distributed web interface and payment / cryptocurrency conversion system. The customer then uploads or references data to be processed.
02 DATA TRANSFER
The data to be processed is uploaded to a encrypted area in a distributed file systems. As part of the transaction, the costs of storage are charged against the deposit. If the customer has storage for their own data, the system then references this data through secure SSL transactions with the individual customers own SSL public key
03 A.I.PROCESSING
Using a distributed networking system, similar to what peer-to-peer games use, the transaction is communicated to participants that have games and or apps installed that can process the A.I. Data. The workload is divided and distributed to indivdual nodes for processing either in a standalone app or while running a game.
04 VALIDATE AND ADD
After processing ,all nodes report back results to a fast blockchain that aggregates the results data and verifies that nodes aren’t cheating the system. The data is verified with a parity verification node and encryption verification. The data is then stored in the distributed files system or returned to the customers data storage area.
05 COMPLETE
After the data has been validated, a transaction complete is sent to the main blockchain. The blockchain moves the payment in Genius tokens out of escrow ready to be distributed to the individual nodes that processed the data
06 PAYMENTS
Once the process is complete the blockchain contract then distributes 70% of the Genius tokens to all the individual nodes wallets. The publisher of the app or game will then receive 20% with Genius Ventures receiving 10% The users can convert the tokens to regular currencies or use for in-app purchases.
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