ThreeFold Meets Vienna

The demand for Internet capacity is growing rapidly, both in the number of users worldwide and in the variety of connected devices. The current architecture of hyperscale data centers is unable to meet this demand due to the need for power and funding.

The Foundation believes that the solution to this trillion-dollar problem lies in migrating Internet infrastructure capacity to the “edge,” near where Internet users are located. Today’s infrastructure is highly centralized: Only a few large companies in the world own more than 80% of the Internet capacity, leading to inequities in distribution.

Over the last few decades, we have developed technology that allows IT (information technology) to behave like a true utility, consuming up to ten times less energy and healing itself 100% without the involvement of IT specialists.

ThreeFold aims to provide IT capacity in this new paradigm locally to users and on demand, managed by smaller clusters and nodes, and funded by all of us through a new digital currency.

The Quantum Grid as the future of ThreeFold – Georg Gesek

• https://www.facebook.com/events/411146986020665/
• https://threefold.io/