At the dawn of the Internet age, it seemed inconceivable to envision many of the things are now taken for granted. The information superhighway is quite literally flooded with a ton of data and information being downloaded, uploaded, and shared among millions of network points across the globe. Such is the power of the Internet that it has virtually permeated into every aspect of human life that it is almost impossible to visualize a world today without the Internet. The Internet has brought with it the power to do more with fewer resources. Take information dissemination, for example, a simple smartphone can transmit information via social media and reach people across the globe far more efficiently than the shortwave radio technology of yesteryears.
Apart from making information dissemination at lightning fast speeds a reality, the Internet age has also ushered in a new class of Corporations into the business scene. The business process has been completely revolutionized by the sheer power and potential of the Internet. Take Corporations like Uber, AirBnB, Alibaba, and Facebook, for example, these companies do not follow the traditional construct of an organization in terms of having a tangible product and/or service. Instead, they have leveraged the power of the Internet to create value for users in exchange for Billions of dollars in annual revenue. Today, these are among the biggest Corporations in the world.
The Current State of Network Infrastructure
Many large corporations require an enterprise level infrastructure framework in order to be able to function effectively. This means server rooms, industrial cooling systems, routers, load balancers and sundry other network components. Suffice to say that the cost implications in terms of procuring, installing, and maintaining these components are quite considerable. Even with this substantial financial overlay, these networks are still vulnerable to hostile intrusions from hackers because at the end of the day, no matter how advanced the system is, it is still has a single point of entry, which makes it susceptible to attacks from hackers.
While it may seem that a lot of technological advancement has occurred since the emergence of the Internet, the truth is that there are still areas for improvement. Web hosting services are still relatively centralized which is a direct contradiction of the decentralized spirit of the Internet revolution. There is also the issue of true net neutrality and the ability to miniaturize the network infrastructure. In order to actualize the emergence of the Internet of Things (IoT) framework, an improvement of the network infrastructure framework is required.
The TBIS Concept
The Titanium Blockchain Infrastructure Services (TBIS) strives to create a robust decentralized network infrastructure that will encompass data centers, firewalls, routers, switches and other network components. Using the power of blockchain technology, an enterprise level network infrastructure module can be condensed into a smartphone or a tablet. Imagine no longer requiring expensive web hosting services and having all network needs taken care of from the convenience of a mobile device.
By leveraging the decentralized power of the blockchain technology, TBIS aims to disrupt the provisioning and virtualization markets as far as network infrastructure is concerned. By offering a truly integrated and interconnected global network, TBIS will be able to offer virtual infrastructure services for businesses and individuals.
Some of the services offered by the TBIS framework include the following:
- Infrastructure as a Service (Iaas)
This represents the core service delivery protocol of the TBIS framework and it encompasses the creation and propagation of a robust distributed network infrastructure for Corporations and Individuals.
- Platform as a Service (PaaS)
A lot of organizations are looking at creating Distributed Applications (dApps) and Decentralized Autonomous Organizations (DAOs) but lack the technical expertise to do so. With PaaS, these organizations can purchase decentralized development and deployment resources to that will enable them to create DAOs and dApps.
- Desktop as a Service (DaaS)
Host the entire computer network of the user on the Titanium Cloud, using the DaaS service framework. By so doing, the need for localization of a business network is removed and users can access their entire network from any terminal or smartphone. The Titanium Cloud utilizes SHAKE256 Titanium Sponge Cryptographic Technology which offers improved security features.
- Company as a Service (CaaS)
CaaS provides critical support for entrepreneurs who wish to start a business by providing a workable smart contract protocol. The CaaS framework provides solutions for business registration, the filing of patents and trademarks, as well as domain registration among others.
Apart from these services, the TBIS also offers solutions CryptoEscrow, Bring Your Own Cloud, and DEXchange for cryptocurrency exchange services.
The Token
The name given to the token that facilitates the transactions in the TBIS ecosystem is BAR. The BAR cryptocurrency is used for making payments, participating in milestone completion votes, and verifying third-party marketplace contracts. The TBIS is an Ethereum-based platform which makes BAR an ERC20 compliant token.
The Team
The management and development team behind the TBIS framework boasts many years of experience across diverse fields cutting across business, blockchain technology, corporate management, marketing and engineering just to mention a few. One of the core strengths of the TBIS team is that many of them have experience in the enterprise infrastructure management industry. The CEO of TBIS; Michael Stollaire is also the founder and CEO of EHI which is a reputable company that provides enterprise infrastructure management solutions to top-tier clients like Apple, Boeing, PayPal, Pfizer, Intel, Microsoft, and IBM just to mention a few.
Other team members of the Titanium project include Richard Silver (COO), Christopher Snook (CTO), James Connolly, and Jesse Ure (both Ethereum Developers), Eran Jenkins (Network Administrators), and Daniel Tiech (Graphic Designer) just to mention a few. In all, the TBIS team boasts a combined total of 200 years’ worth of experience.
Verdict
The TBIS ICO presents a viable service solution that has tangible economic viability, a trait that is sorely lacking in many ICO campaigns today. The fact that there already is an established corporate entity like EHI with a laundry list of top-tier clients that TBIS can work with goes to further strengthen the argument for the success of the venture. If the ICO manages to reach its hard cap target, then odds of the project becoming a success will be significantly enhanced.
TheBitcoinNews.com – Bitcoin News source since June 2011 –
Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. TheBitcoinNews.com holds several Cryptocurrencies, and this information does NOT constitute investment advice or an offer to invest.
Everything on this website can be seen as Advertisment and most comes from Press Releases, TheBitcoinNews.com is is not responsible for any of the content of or from external sites and feeds. Sponsored posts are always flagged as this, guest posts, guest articles and PRs are most time but NOT always flagged as this. Expert opinions and Price predictions are not supported by us and comes up from 3th part websites.
Advertise with us : Advertise
Our Social Networks: Facebook Instagram Pinterest Reddit Telegram Twitter Youtube
