Cloud Whitepaper

Cloudwith.me (the “Company”) has three main objectives:

1) To decentralize the provisioning of cloud services, migrating from a global infrastructure operated by a small group of hyperscale service providers to a blockchain-based peer-to-peer infrastructure operated by millions of small individual providers and contributors of cloud resources.

2) To simplify the use of professional cloud services for all levels of web users turning such services into a commodity product that is universally accessible and utilized by the general public.

3) To monetize the new decentralized cloud services ecosystem with a dedicated cryptocurrency governed by a smart contract enabling automated and trusted reconciliation of payments between all peer-to-peer cloud services providers.

The Company has already achieved the first milestone by establishing its simplified provisioning and setup of cloud services that can be easily operated by even the most novice web users.

As a second phase, Cloudwith.me intends to facilitate the creation of a globally decentralized cloud hosting grid, allowing cloud-based applications to automatically scale across millions of cloud service providers who are in fact individuals contributing small portions of their redundant home/office computer resources to become a part of the blockchain cloud grid (thus effectively creating the new Crowd Cloud) and benefiting from continuous Provider income.

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