Bitcoin Press Release: BlockCDN will be trialling crowdsourced computing power with China’s top online content provider Youku.
November 24, 2016, Hong Kong – BlockCDN, the Chinese blockchain company is in the process of creating a bank for computing resources that makes it possible to offer crowdsourced bandwidth at highly competitive prices to content providers. BlockCDN, currently preparing for an ICO starting November 28, 2016, is in talks with Youku executives — China’s leading online content provider who will be the first to trial their technology.
BlockCDN is on its way to disrupt the $6 billion CDN industry with its blockchain based service. The built-in trading platform offers an online marketplace for network “demanders” to input their workloads to be fulfilled by “Sharers”. The sharers will receive compensation in the form of rewards for their contribution. The platform is open for anyone to join as a Sharer by connecting their devices — smartphones, tablets, computers and TV boxes, sharing excess capacities for mutual gains.
With the CDN market set to reach $23.2 billion by 2021 (according to MarketsandMarkets), BlockCDN will provide a way to meet the industry’s increasing bandwidth demand in the