Akash Network: Blockchain Technology in Cloud Computing

Three cloud computing services, Amazon Web Services, Google Cloud Platform, and Microsoft Azure, has been dominating the Cloud Computing industry as businesses in the world adopt a cloud-based infrastructure strategy. They have been providing high-quality services to its users and corporate consumers.But the success of the companies behind them will enable them to control the market and prevent competition by creating a capex barrier for potential competitors. This will create an oligopoly in the industry which will leave the consumers choiceless.

So now, let me introduce to you the Akash Network. It is a decentralized network based on blockchain technology to provide an open marketplace connecting companies or datacenters with idle compute capacity to users or another company who need it. What happens in the marketplace is this, a user will define the deployment criteria(resources, max price, etc). in a declarative file posted to the Akash blockchain, and then providers bids on the deployment and the winning bid will create a lease between user and provider, which will also be written also to the chain. Workloads are then distributed via peer-to-peer protocol managed by Akash with a secure overlay network established. Once live, the agreed price in a form of Akash token is transferred from the user to the provider periodically. 

Akash provides everything you need to connect to the network through their application, the Akash Agent. Akash Network is open source and everyone is welcome to contribute to its development.

You can visit Akash on its website. https://akash.network/