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Thursday, June 16, 2022

Are Blockchain and Decentralized Cloud Making Much Headway?

-Always like indicative measures of use, could use more than there is here. 

Are Blockchain and Decentralized Cloud Making Much Headway?

There continues to be chatter about such elements of Web 3.0 stirring up the cloud scene, but the impact thus far may be limited to niche use cases.

Joao-Pierre S. Ruth, Senior Writer May 09, 2022

There is some debate about potential benefits of hosting cloud computing on a centralized or decentralized network, and whether the blockchain might pose some relevance on such a front. The answer seems to be a definite maybe -- under certain circumstance

Avivah Litan, vice president and analyst with Gartner, says blockchain enables decentralized cloud computing, which can stir up some hype of new approaches to compute and Web 3.0. “In that sense, it is disruptive to the centralized guys,” she says. “It’s not going to disrupt the industry overnight; I don’t see it happening that quickly.”

Decentralized cloud computing may be an alternative that might even make sense for some non-blockchain applications, Litan says. Still there can be reluctance within organizations to move workloads fast in this direction, she says. However, with certain applications, such a move can be a way to save money.

Dipping into this arena means accepting a nebulous, almost amorphous form of cloud computing. Blockchain’s decentralized architecture typically means never running in just one environment, Litan says. “If you look at a blockchain of 10,000 nodes, you can run your nodes anywhere you want.” With Bitcoin or Ethereum miners who are mining, she says, they can set up their nodes on-prem or any on cloud they choose. In that sense, it is not centrally controlled by any one player, Litan says.  ....'

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