PORT Network: The First DApp to Harness Sustainable Processing Power for Both...

PRESS RELEASE. With an ever-increasing demand for computing power, PORT Network launches the first dApp to merge both Cloud and Volunteer computing on the blockchain. 28th June 2021, Düsseldorf, Germany – The demand for increased computing power is growing at an exponential rate. Industries such as IoT, Pharmaceutical, AI, 3D Image Processing and Deep Learning all require huge bandwidth in a non-restrictive and cost-efficient approach. This is where PORT Network seeks to break new ground. PORT Network is the first decentralized P2P application which unites both Cloud and....

The PORT Network is breaking ground with a recent announcement, becoming the first decentralized P2P application to leverage the blockchain to unite Cloud and Volunteer computing. The network will increase the value of unused computation power; it will allow that power from both individuals and businesses to be sold for the PORT Network’s native token, […]

The advancement in science and technology has created the need for increased computing power in almost all industry segments. Few specialized sectors like pharmaceuticals, AI, 3D image processing, IoT and Deep Learning stand out with their need for high bandwidth, which is technologically as well as economically restrictive for any single entity to own. On […]

Since the dawn of digital currency we have always been bothered about the monetary value associated with it. A lot of processing power and electricity is being spent on mining to process the transactions happening over the bitcoin network. Miners have indulged in the process of finding sequences of low hash value with the sole purpose of gaining miner's fee. Bitcoin value is said to be related to the network size and the number of transactions that happen over the network. Now, what if the same processing power, or even a part of the processing power is diverted for a similar mining....

PRESS RELEASE. AscendEX, a global cryptocurrency financial platform with a comprehensive product suite, is excited to announce the Port Finance token (PORT) under the pair USDT/PORT on Aug 9 at 2 p.m. UTC. Port Finance is a money-market, non-custodial liquidity protocol on Solana. They aim to provide a comprehensive suite of lending products, including variable-rate lending, fixed-rate lending, and interest rate swap. Their idea is to take advantage of the growth in size and capability of the Solana network. Port Finance brings interest rate markets to the Solana ecosystem. It leverages....