Earn cryptocurrency from your connected devices as DADI
rebrands
to EDGE
London, 07.15.2019,
ADVFN Crypto NewsWire - DADI's token price has
risen
over
100% in
the first 6
months of 2019* as the business
rebrands
to
EDGE, with
the new name reflecting its focus on
building an edge computing network. As the network
grows, greater
adoption of the token
is expected as more people
pay and are paid in
the DADI cryptocurrency
(soon to be
EDGE). There
will be no token swap nor any impact on holders of the ERC-20 DADI
tokens and over the course of the next few weeks the token ticker
name will change to EDGE across exchanges. The new website
http://edge.network will go live
later this
week.
EDGE
allows people to
sign up as a host node and remunerates
participants for committing their spare computing capacity to the
network.
Whilst individuals and businesses will be able to monetise their
existing connected devices and hardware by joining the EDGE network
as a node, businesses can also reduce their IT expenditure as the
cost of the EDGE
computing network is far cheaper than using centralised and slow
cloud computing infrastructure.
Joseph Denne, CEO
and Co-Founder of EDGE said:
"The
edge computing market is expected to be worth over $6 billion by
2022*, driven by
the expected explosion of connected devices. It will be the answer
to the challenges faced by cloud computing as the amount of data
and web traffic is set to increase exponentially in the coming
years. Rebranding
to
EDGE is a natural course for us to take as we continue to roll out
our network.
"With EDGE
evolving from an existing business with an established customer
base, we see this as the beginning of EDGE network adoption. In the
coming months
we plan to migrate existing clients to the network, as well as
convert an already expansive pipeline of business. At the
same time
we expect an exponential growth in the
number of network
nodes
as more people realise how they can monetise their spare
capacity by
joining the
network."
The EDGE network is
already live with 155
'founding nodes' established in 56 countries, who are earning
tokens on a monthly basis for pledging the spare
computing capacity from their connected devices. EDGE is a highly
secure, cost efficient and environmentally friendly blockchain
based computing network that aims to revolutionise and ultimately
replace cloud computing.
At the beginning of
2018, EDGE successfully completed a crowdsale and since then the company has
been busy building the EDGE computing
network. Edge
computing is a rapidly emerging technology that is designed to
replace the need for cloud computing and support the expected
proliferation in data and connected devices. In order to protect
its Intellectual Property, EDGE's technology being built to support
the network is being patented.
*
Source:
CoinMarketCap
between
01/01/19 to 30/06/19
**
Source:
https://www.marketsandmarkets.com/PressReleases/edge-computing.asp
ENDS
About EDGE
Founded in
2013,
EDGE
is a
network services business built on blockchain technology providing
a fast, secure, cost effective alternative to cloud computing via
its global Edge computing network. EDGE allows individuals
to
monetise their spare internet capacity by connecting to the
Edge network via
their home broadband, in return for automated monthly
payments.
Businesses can
reduce their
expenditure on IT infrastructure and benefit from
hosting or building their own applications on the network at a
fraction of the cost of existing cloud services. The decentralised
nature of the Edge network allows for more
environmentally friendly, faster and more secure computing than
existing cloud infrastructures.
http://edge.network
