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Why IOTA-Qubic’s outsourcing computer concept is becoming revolutionary

Why IOTA-Qubic’s outsourcing computer concept is becoming revolutionary

With this article I want to talk about the swarm intelligence that will be part of IOTA’s Qubic Project. This project includes Smart Contracts, Oracles and Qubic. Part of this is the outsourced computation. This opens up entirely new areas of application and highlights the true benefits of IOTA. Qubic is much bigger than anything we have seen so far from IOTA, and it’s starting soon. With this article I’d like to shed some light on the concepts and implications of this groundbreaking technology. Outsourced computation has been known to us for some time.

Source: https://qubic.iota.org/oracles

Outsourced computation, an important service provided by cloud computing, has become more and more popular. In the context of outsourced computation, computationally weak clients (or devices) can outsource their computation and data to a server in the cloud. While this approach has numerous advantages in cost and functionality, it is crucial that the outsourcing mechanism compromises the privacy of the outsourced data and the integrity of the computation, since the server in the cloud may not be fully-trusted. The ultimate goal in secure outsourced computation is to design protocols that minimize the computational cost of the clients, and maintain the confidentiality and integrity of its data.

Cloud Computing — the practice of using a network of remote servers hosted on the Internet to store, manage, and process data, rather than a local server or a personal computer. Cloud Computing can be a heavyweight and dense form of computing power.

Fog computing — a term created by Cisco that refers to extending cloud computing to the edge of an enterprise’s network. Also known as Edge Computing or fogging, fog computing facilitates the operation of compute, storage, and networking services between end devices and cloud computing data centers. While edge computing is typically referred to the...

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