DUBAI, United Arab Emirates, Nov. 01, 2024 (GLOBE NEWSWIRE) — NexQloud, a decentralized cloud computing startup, recently announced that it won the People’s Choice Award at the Blockchain Life 2024 conference in Dubai.
Recognized as one of the world’s leading events dedicated to blockchain innovation, Blockchain Life attracted over 10,000 attendees, 200 influential speakers and a selection of 14 startups speaking to an audience of investors. Amid an atmosphere of tech enthusiasts looking for the next unicorn, NexQloud became a crowd favorite, gaining wide acclaim for its presentation and vision of transforming private devices into a decentralized cloud computing solution.
The compelling vision of NexQloud
NexQloud harnesses the underutilized computing power of everyday devices, connecting them to a decentralized network powered by NXQ tokens and smart contracts. This model significantly reduces operational costs, improves security by decentralizing data, and reduces environmental impact through efficient use of resources, a combination that deeply resonated with Blockchain Life participants.
“Our favorite award went to the dynamic and compelling startup NexQloud. This project combines blockchain technology, AI and CPU devices to create a more secure and cost-effective cloud solution for businesses. The enthusiastic performance of the NexQloud speaker deeply impressed us!” said award sponsor Cellframe Network.
“Our People’s Choice Award at Blockchain Life 2024 is a powerful validation of NexQloud’s mission,” said Mauro Terrinoni, CEO of NexQloud. “This recognition highlights the importance of an inclusive and sustainable cloud computing model that benefits everyone, from individuals leasing their devices to businesses looking for cost-effective and environmentally friendly alternatives. By leveraging the collective power of unused computing resources, we are building a greener and more secure cloud ecosystem.”
Future Roadmap: Scaling Decentralized Cloud Access
Building on this success, NexQloud is preparing for an expansion plan and intends to establish its presence at other technology events around the world. These engagements aim to expand NexQloud’s reach and deepen relationships with potential collaborators, device owners and business users. As cloud computing approaches a projected market value of $1 trillion by 2027, NexQloud’s decentralized platform offers a future-proof alternative that addresses the industry’s key challenges: cost, security and sustainability. Through its unique blend of NFT digital keys and NXQ token-based incentives, NexQloud aims to reimagine the cloud by reshaping it into a shared, efficient and sustainable ecosystem.
About NexQloud
NexQloud’s platform leverages the power of its proprietary layer 1 blockchain to provide decentralized cloud services that meet the growing demand for more affordable, secure and environmentally friendly computing solutions. By leveraging unused computing resources from devices around the world, NexQloud transforms unused capacity into a powerful distributed cloud network. This decentralized approach not only ensures exceptional efficiency and reliability, but also reduces costs and environmental impact. NexQloud’s innovative system creates a scalable cloud infrastructure that is both economically and environmentally sustainable, providing businesses with a smarter, greener alternative to traditional cloud providers.
Contact:
Name: Mauro Terrinoni, CEO
Email: mterrinoni@nexqloud.io
Company name: NexQloud
Website: nexqloud.io
Contact number: +1 669 241 0916
