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ZENNET, a Blockchain-based Service for Computing Power On Demand

30 Nov

BlockChain is a technology that can and will most likely outlive the crypto currencies, unless of course something even better replaces it in the future. There are more and more services that are popping out that are taking advantage of the blockchain as a technology and may or may not actually use a crypto currency, though for the moment most of them actually do come out with their own crypto currency as well as a payment method for the respective service they offer. ZENNET is another interesting blockchain-based project that has set an ambitious goal to offer an alternative to the large cloud processing power providers such as Amazon, IBM or Microsoft for organizations that do require a lot of computer processing power. By relying on Blockchain technology and leveraging the unused computer power of normal users around the globe it should be possible to provide a more affordable alternative for cloud processing power for the people who need it as well as to make it profitable for ordinary people to earn form their unused computer processing power. They will have their own crypto currency called Zencoin that is supposed to help for the funding of the project and will be used for the payments.

The idea does sound quite good, but as with other new projects and startups in the crypto currency world it needs both funding and time to be realized before anything is actually released as a working system. The same thing applies for ZENNET, they are just starting to build upon their idea and below you can take a look at the roadmap plan they have made public. So if you find the idea interesting and want to invest into the ZENNET you might check their official website for more details, and a word of warning – as with all other kinds of investments you should proceed with caution as there is no guarantee of success.

ZENNET project roadmap:
– Q4’14: Pre-sale campaign launch. Core development.
– Q1’15: Core development. Worldwide corporate and academic marketing.
– Q2’15: Functional beta.
– Q3’15: Zennet release.
– Q4’15: ZenFS beta.
– Q1’16: ZenTube beta, ZenFS release.

Visit the official ZENNET website for more information about the project…

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1 Response to ZENNET, a Blockchain-based Service for Computing Power On Demand

M. B. Morley

December 7th, 2014 at 02:33

An open letter to all participants in the altcoin industry, including all forms of
media and associated sources of independent commentary.

In regard to the use of the words “zencoin” and or “zen” plus “coin” or any variant thereof, whether by recombination, synonym or phonetic substitution, in association with the naming or commercial branding of any form of distributed digital or virtual currency regardless of origin, technical production or intended use.

Please be aware that trademark applications are pending in several jurisdictions
worldwide on this brand, with proof of common ownership as well as commercial
and transactional use specifically described as a form of cryptographically
protected, distributed digital or virtual currency, dating back to at least April 2013, with developmental and anecdotal evidence which predates this publicly available information.

We, the undersigned partners and representatives of that commons hereby state and forewarn, that our current actions to establish trademark are being carried out
as a necessary protective measure, in light of the recent publication of intentions on the part of at least two other parties to attempt use of the above-mentioned names.

We request your co-operation and diligence, and ask all actors to refrain immediately from continuing to promote, publicize or otherwise advance the establishment of any form of altcoin or distributed digital or virtual currency bearing the aforementioned names or any variants thereof, until such time as any current disputes are satisfactorily resolved.

Thank you.

M. B. Morley
A. Ashard

Chunky Moon Productions

Tel: +33 952803415
Fax: +33 957803415

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