The ANKR network is a decentralized cloud computing platform that aims to use idle computing resources from data centers and other devices. ANKR creates a sharing economy where businesses and users can monetize their comprehensive redundancy across devices, servers, private clouds, and even public clouds. This allows ANKR to provide computing power to users at a cheaper price.
What does the ANKR network do?
ANKR’s goal is to provide a new blockchain framework that utilizes resources efficiently and provides a user-friendly infrastructure for business applications, while adding interoperability and collaboration with other existing data solutions. The system the project is developing is one of the first to leverage certified hardware resources, uses the Intel SGS protocol for hardware, provides enterprise-grade security, and optimizes side- chain to leverage off-chain computing power and computation.
Features of ANKR
100% uptime with reliability
Run on ANKR’s global network with a reliable, highly available, and uninterrupted infrastructure.
Deploy quickly and without code
Save DevOps workdays and weeks by relying on ANKR’s native Kubernetes deployment solution.
Affordable and transparent model
Save up to 80% from public cloud providers.
Easy to use and manage
Enjoy automatic updates, maintenance, monitoring and logging for all blockchain protocols.
Customer service in all time zones
Get instant attention from their global team of experts at any time.
Confidential and non-custodial
Control your own crypto assets and tokens.
What is ANKR token?
ANKR is the main token used in the ANKR ecosystem. ANKR has up to 3 types of tokens according to different standards and developed on different blockchain platforms:
Token ANKR – ERC-20 (Ethereum).
Token ANKR – BEP2 (Binance Chain).
Token ANKR – ANKR Chain (Original Token).
At the time of the ICO, when ANKR was born, the ANKR token was developed on the Ethereum blockchain platform according to the ERC-20 standard. Then, as recently as May 10, 2019, ANKR announced a partial move of tokens to Binance Chain, and ANKR also has a token portion on its own blockchain – ANKR Chain. According to the project development team, these 3 tokens are interchangeable and each will have a certain role in the ecosystem of ANKR.
What is the ANKR token used for?
ANKR is used in the platform as a utility token.
The ANKR token is used to pay fees when the end user uses the service.
Edge nodes are required to stake ANKR tokens in order to have the right to coordinate and share resources. They will receive a portion of regular ANKR tokens based on the amount of ANKR tokens they stake.
ANKR tokens are used to pay rewards to system contributors, including resource providers, application providers, and ANKR also bears part of this fee.
Resource providers, application providers (enterprises and developers) will receive a reward of ANKR tokens based on the amount of ANKR they have staked.
The ANKR project was co-founded by 3 members who studied at the University of California, USA. They have joined the blockchain research group since they were in school. They have also had a stint with major US companies such as Amazon, SAP and Morgan Stanley.
Chander Song (CEO): Graduated from the University of California with a Bachelor of Science in electrical engineering and computer science. Has 2.5 years of research and engineering experience in development and business, in which Chander worked on blockchain at Berkley, Amazon and SAP and was CTO of CitySpade – a real estate consulting firm in New York.
Ryan Fang (COO): Graduated from the University of California with a bachelor’s degree in business strategy and management. Ryan has a deep business background, having worked for companies like Credit Suisse, State Street and Morgan Stanley.
Song Liu (Principal Security Engineer): Graduated from Shanghai University with a bachelor of science in electrical engineering. With more than 7 years of experience in software development and system security. Before joining ANKR, Song Liu worked as an engineer at Gigamon – a secure distribution platform for 2 years. In addition, he worked for Palo Alto Network, General Electrics, Electronic Arts, and was a senior engineer at Amazon for 10 years.
ANKR wants to truly bring about a decentralized cloud computing platform by integrating computing power directly into the blockchain through the PoUW (Proof-of-Work) consensus mechanism. Users involved in system security and block generation, through a traditional consensus mechanism, can use a lot of computing resources to do useful things for the system.
ANKR aims to provide a pragmatic business solution where node operators can utilize idle cloud resources from highly specified data centers to run multiple services, such as running blockchain node, while data center owners monetize their idle resources through the ANKR cloud platform.
You can see ANKR prices here.
According to AZCoin News
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