Hamburg, Germany, July 23, 2024, Chainwire
Pioneering the future of decentralized cloud by responding to real-world demand, leveraging Oracle SLA and enterprise-class hardware from leading vendors, ICN is building a decentralized, multi-service cloud platform.Impossible Cloud Network (ICN), a decentralized cloud ecosystem with roots in Web2, has revealed its roadmap for an open, multi-service platform. Competing with giants like AWS, GCP, and Microsoft (NASDAQ:) Azure, ICN connects hardware vendors, service providers, and monitoring nodes via the ICN protocol.
The protocol is designed to balance supply and demand in the blockchain-based market, providing competent scalability and minimal subsidies. The ICN architecture includes scalability hardware, composable innovation services, and trust monitoring. ICN aims to support various cloud services, including storage and GPU computing, offering comprehensive solutions for various business needs. With Impossible Cloud GmbH as the first service provider, the platform has already proven that it can facilitate revenue generation by delivering reliable services with industry-leading performance.
Impossible Cloud has already raised €17 million in funding from renowned Web3 and Web2 investors including 1kx, HV Capital, Protocol Labs, very early Ventures, LBBW VC and TS Ventures.
The newly released Litepaper is now available
The Impossible Cloud Network (ICN) Litepaper is now available – it provides an in-depth review of the ICN vision and roadmap. The paper outlines the technical and strategic milestones that drive the evolution of the platform, including key features, architectural design, and future perspectives. Particular emphasis is placed on Oracle SLAs, which are indispensable for monitoring and ensuring network performance and reliability for enterprise customers.
Kai Wawrzinek, CEO and founder of ICN, states:
“Our architecture takes a multi-layered approach: the hardware layer provides unprecedented scalability through decentralized hardware contributions. The service layer facilitates composability, enabling open source integration into larger constructs. Finally, the monitoring layer, consisting of Oracle (NYSE:) SLA nodes, establishes a trust layer with verifiable proofs to solve the DePIN verification problem.”
Users can learn more in the newly released Litepaper, available here.
Important Milestones with Key Partnerships and a Growing Ecosystem
Recently, the Impossible Cloud Network (ICN) has played a key role in the emergence DePIN Association alongside other founding members such as peaq, IoTeX and DePIN Hub. This alliance aims to expand and accelerate DePIN adoption through education, events and strategic collaborations. ICN has also announced strategic partnerships with leading hardware manufacturers such as Supermicro and pioneering DePIN projects at the forefront of the industry such as Witness Chain.
During the opening keynote at EthCC, ICN presented its novel solutions and strategic vision for the future of the decentralized cloud. The event highlighted ICN’s commitment to building a solid ecosystem through these significant partnerships. Christian Kaul, COO and co-founder of ICN, stated:
“We are excited to showcase our vision at EthCC and believe our innovative approach will set new standards in the cloud services industry. The strength of our ecosystem is key as we work together to revolutionize the open cloud by providing a mutually beneficial platform for innovation.”
These events signal robust support from the Web3 and DePIN communities, underlining ICN’s potential to forge real connections and bring decentralized projects to the forefront of the industry landscape. ICN invites forward-thinking projects, developers, and investors to join their mission to revolutionize the cloud industry.
More details about the ICN ecosystem and strategic plans can be found in the latest Litepaper, which provides a detailed overview.
X – https://x.com/ICN_Protocol
Discord – https://discord.gg/icn-protocol
Telegram – https://t.me/ICN_Protocol
About ICNImpossible Cloud Network (ICN) is a decentralized cloud platform that connects enterprise-class hardware to cloud service providers while leveraging SLA oracles to achieve uncompromising performance or quality of service. ICN already has service providers using the platform with hundreds of business customers and real-world revenue, proving the platform’s efficiency and reliability.
For media inquiries, please contact:
media@icn.global
contactWeb3 Marketing DirectorSara TeixeiraImpossible Cloud GmbHsteixeira@impossiblecloud.com
