Internet is no longer the neutral place it used to be. 80+% of Internet capacity is delivered by a handful of companies. This results in loss of neutrality and openness and breeds inequality.
To support the continuous growth of the Internet and connect billions of new Internet Of Things devices, 400 million new servers are needed by 2020. The world needs another 4,000 large- scale data centers that each consume 200 MWe of electricity: source http://bit.ly/1UPUZYG.
Bandwidth does not follow Moore’s law. The growth of bandwidth required is much higher than the speed at which new capacity can be delivered.This is even more important in emerging markets.
Today, 3.2 billion people have no access to Internet due to the high costs of connectivity and capacity. We believe these people have the fundamental right to have low-cost access to digital resources like online education, health information, social media and online communities … Solutions which can lower the cost by a factor of 10 are required.
Current blockchain technology is not scalable and not green. Example: the Bitcoin blockchain alone uses more energy today than Croatia.
Today cloud computing is a $100+ billion industry - mostly owned by 20 or so global cooperations. Experts such as Bell Labs and Cisco believe the capacity requirement in the next decade will dramatically outstrip existing infrastructure - requiring an additional 400m servers - or approximately 4000 hyperscale datacenters - at a cost of $250 mio to $1 bn each.
The spectacular growth and advances of cloud computing that occurred over the last decade resulted in large part from “hyper-scale” efficiencies - ie centralising Internet infrastructure in very large $ billion data centers. Today demand for Internet capacity already outstripping the available infrastructure due to new applications like Big Data, Internet of Things (IoT) and Self Healing Technology. The existing hyperscale cloud architecture cannot cope with this outsize demand as the requirements for land, power and funding are just too great.
The challenges facing the Internet include the following::
$ Trillions of Investment Required. In the next decade, the global internet infrastructure requires another 4,000 data centers (250M$ - $1bn+ each) to meet demand which would cost $ trillions - an impossible amount of money.
Impossible to scale the network connecting users to the hyperscale data centers. Since Hyperscale data centers are built in large central locations, the network leading to these data centers is congested. Even more, remote regions that are less connected to the internet cannot benefit from the data centers’ IT services.
Non-Local data and capacity. Governments around the world are becoming more and more concerned about data leaving their borders - these governments require IT infrastructure to be local. Furthermore, IoT workloads require local capacity to deliver constant real time computing and storage requirements - for certain applications and workloads (eg driverless cars), latency is not an option. Hyperscale Data centers can simply not deliver to these requirements.
Non-secure / at risk of choke point failures. There are plenty of recent well publicized problems with security, outages and lost data. The reason for this is that centralised hyperscale architectures are inherently insecure - and failures at a single hyperscale location can cause widespread contagion and outages.
Our solution to these $trillion problems is to migrate Internet IT capacity to the Edge - ie a “hyper-distributed” network architecture, located close to users (in cities, schools, offices, homes and even vehicles).
Edge networks will not necessarily replace the existing hyperscale capacity powering today’s cloud - rather, Edge networks will scale to meet the increased capacity demands going forward.
By 2025 60% of new internet infrastructure will be decentralized and located at the edge of the operator networks, using alternative locations which have stable (renewable) power and reliable connectivity.
The ThreeFold solution has following main benefits:
A special box is built which is called the ThreeFold Zero-Node.
The Zero-Node provides blockchain, compute & storage capacity to the internet. This capacity can be used for any possible workload.
The nodes are modular - scaling from 8 vCPUs and 3.5 TB of storage (smallest) to clusters with 8000 vCPUs and 2 peta-bytes of storage (large).
Our Zero Operating System (“Zero OS”) is ideally suited for Edge networking - where automation, self-healing and hyper-distribution are must-haves.
- The Zero-Nodes are deployed as close as possible to the consumers of Internet IT capacity (IoT, residential, business, government, education, …). - This results in massive bandwidth savings, we estimate to be able to keep 99% of the required bandwidth locally which has huge impact on cost. - This is the only viable solution to be able to provide internet to the 3.2 billion people waiting.
… Always Available & Reliable