Unchainet developes a platform which connects people and companies with available computing resources and clients who need them. Real economy powering the new decentralized cloud and blockchain platform. Unchainet aims to be more than “just another” cloud provider.
The Unchainet network will be built with blockchain technologies at its heart, allowing resource trading in its UNET cryptocurrency, which will run on a fast custom-made blockchain with Proof of Beneficial Work algorithm.
Introducing a cryptocurrency as a mean of exchange will enable true cross-border and real-time sharing of computing power without restrictions. Quality and trustworthiness of nodes (i.e., providers) will be consistently and transparently monitored by QoS Chain technology allowing free transactions on a massive scale while keeping true decentralization backed by resource trading crypto-economy.
In later phases of the project, this will allow UNET tokens to be used outside of Unchainet platform, powering microtransactions in other apps. Modular Unchainet blockchain architecture and our “blockchain as a service” offering will enable developers to create custom blockchain apps with significantly more use cases than current smart contract platforms.