The public cloud service landscape is dominated by major companies such as Amazon with AWS. Swathes of businesses host their applications and IT infrastructure on cloud servers, driving massive data control by Amazon and other cloud service providers like Microsoft with Azure.
However, that dynamic is rapidly changing as upcoming startups redefine the cloud-based ecosystem with decentralized public cloud services based on blockchains. Some of these projects are even integrating AI and machine learning to assist the network in scaling and efficiently allocating resources.
Platforms like DFINITY and Golem strive to become the priority among business entities for hosting their applications and network infrastructure without sacrificing their data sovereignty. At Sara Technologies, we view this progression as natural and a vital indicator of the future infrastructure stack of Web 3.0.
Better Data Privacy, Security, and Efficiency
Cloud services — such as AWS — are profoundly beneficial to users, developers, and businesses. Regardless of their success in accelerating innovation via outsourced computation and storage, they have their shortcomings. Data privacy and security are two primary problems that continue to remain endemic among centralized server systems. Moreover, intermediary costs in complex integrated systems are expensive and rigid, often exceptionally challenging to alter.
By building cloud services over a decentralized blockchain network, central points of failure are removed, and AI can automate processes — such as resource allocation — across the network, adapting to system needs. Several projects focus on the convergence of AI and blockchains, including TraneAI, Neureal, and SingularityNET, all of which integrate or implement some of blockchain or cryptocurrency tech.
Blockchains can lower entry barriers for Artificial Intelligence-enabled products and services by increasing access to environments such as AI data marketplaces. Conversely, AI can increase the mining efficiency of PoW blockchains and even vastly increase efficiency by reducing network latency. Together, they can also lead to decentralized governance frameworks and more complex iterations, such as DAOs.
The cross between AI and blockchain offers enormous potential in regards to privacy and security too. Centralized data models are outdated and consistently lead to significant hacks. Users and businesses do not truly retain sovereignty over their data, and open-source protocols are far more powerful than walled garden systems. Decentralizing the storage ecosystem via mechanisms such as “storage rent” or distributing computation via protocols like Golem offer some profound practical applications.
Building the decentralized cloud computing infrastructure requires agnostic and open protocols. The Web 3.0 stack will exist on top of the next generation of the cloud’s architecture. We believe that the evolution towards decentralized clouds is just beginning. Once enterprises can get a field for drastically reduced costs on these new platforms, the transition will only accelerate from there.
Current scaling problems of blockchains preclude them from becoming a ubiquitous form of cloud infrastructure. Still, with the help of AI and other advances in cryptography, that is likely to change soon.
The future of public cloud computing is on the horizon, and we’re here to help guide your business down the corridors of innovation towards a better future.
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