Blockchain in the cloud – Building successful blockchain infrastructures (Part 2)
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.
This is part two in a three-part series about how blockchain and cloud technology can change the internet. We recommend reading part one, titled “Blockchain in the cloud - A greener future for blockchain developers.”
There are countless creators in the IT universe that are currently building blockchain ecosystems, both in the front-end and the back-end space. Infrastructure strategy is fundamental to building a viable blockchain offering, and there is a range of key variables that will determine infrastructure success.
Understanding infrastructure variables will help keep your costs and management overheads low, without compromising on efficiency, flexibility, or regulatory oversight. - Omar Abi Issa
Many innovators working in the front-end space are Software-as-a-Service providers and software houses. Many specialize in decentralized applications (Dapp) and exchanges (Dex) creation, as well as Decentralized Finance (DeFi) applications consumed by large fin-tech and fin-ops companies, or even Decentralized Autonomous Organizations (DAO). Use cases for blockchain technology have also surged in gaming, the metaverse (VR/AR/XR), the Internet of Things (IoT), art, NFTs, and AI.
There are also many creators innovating in the back-end space. This includes mining pools – large clusters equipped with highly powerful, efficient, multi-GPU-based dedicated servers.
Staking businesses are similar but less resource intensive. They operate nodes equipped with cryptocurrency assets that ensure the legitimacy of transactions. These businesses operate blockchain validation on Proof of Stake (PoS) networks. See the first in this series of
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