ODX (Open Data Exchange), a blockchain-based platform that enables free internet in emerging markets and Hypernet, a privacy-preserving computing protocol, which can be leveraged across a distributed network of devices, has announced a partnership to allow ODX wallet holders to access free internet services in one additional way. ODX users will be able to use Hypernet to lend out their phone’s computing, and earn to power their internet.
Hypernet’s decentralized computing approach is premised on one basic thing: internet access. And that’s a challenge in emerging markets, where most people are actually offline most of the time. Mobile data is expensive in these markets, costing as much as 6x what the average user can afford. The result: consumers are offline over 80% of the time.
[perfectpullquote align=”full” bordertop=”false” cite=”Nix Nolledo, ODX Founder and CEO” link=”” color=”” class=”” size=””]“We are solving the most fundamental problem there is in tech: internet access. No protocol, no DApp can work without it.” [/perfectpullquote]
Founded by Stanford alumni, Hypernet is a new programming architecture for decentralized, massively scalable computation on a dynamic network of heterogeneous devices subject to peer dropout. In comparison with past and present attempts at distributed computing, Hypernet supports a much broader class of algorithms, is massively scalable without communication efficiency losses, and is resilient to network node dropout. To make this new programming architecture available to researchers, developers, and even armchair programmers, Hypernet is working on a trustless marketplace to match buyers of idle compute power with sellers. Hypernet supports both public and private networks for computing.
[perfectpullquote align=”full” bordertop=”false” cite=”Hypernet’s CEO Ivan Ravlich” link=”” color=”” class=”” size=””]“Two mission-driven companies collaborate to democratize and lower the barriers to access the internet and compute, assets essential to providing equal opportunities to all.” [/perfectpullquote]