iExec, the decentralized cloud computing project has announced a partnership with one of the largest utility companies in the world.
iExec and EDF worked together to build GPUSPH an application that is build on top of Ethereum blockchain and plains to side step scalability issues by ensuring that any heavy computing is done off-chain.
Gilles Deleuze, Blockchain Engineer at EDF states that the development of distributed computing is a credible scenario of the future, and blockchain may be a nice lever in this scenario.
It was later revealed that it is one of the first of many proposed experiments that the two companies will be working on and might be a prelude to a long and lasting working relationship between the firms.
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Headlines for the world of Cryptocurrencies - June 01, 2019
- G20 To Implement Unified Crypto Standards
- British University Using Blockchain On National Archives
- CNBC Has Gone Crypto Crazy
- Barclays Invest In Blockchain Business Payment Startup
- P2P Trading On LocalBitcoins Hit All-Time-High In South Korea
Headlines for the world of Cryptocurrencies - May 31, 2019
- Majority of Big 4 Banks in Ireland Uses Blockchain to Verify Staff Credentials
- Yahoo-Backed Crypto Exchange Enters Japan Market
- Puerto Rican Bank Using Circle’s SeedInvest For Crowdfunding
- Coinbase Hinting First-Ever US Bitcoin Margin Trading
- EOS - Now Supported In Coinbase
Headlines for the world of Cryptocurrencies - May 30, 2019
- Egypt Will Now Allow Cryptocurrency Activities In The Country
- Bullish Momentum Seen Pushing Ripple's XRP Prices Higher
- Erlay To Provide Stronger And Faster Bitcoin Network
- Japan May Seek Lenient KYC Requirements For Crypto In G20 Summit
- Coinfloor Helping Crypto Firms Access Banking
