Decentralized Infrastructure-as-a-Service firm CPUcoin introduced a brand new joint program with Berkeley Open Infrastructure for Community Computing (BOINC).
The initiative will commit unused computing energy to research regarding the coronavirus.
Customers who obtain and set up CPUcoin’s CGN Miner platform and the BOINC open-source software program help the IBM World Neighborhood Grid and Rosetta@home tasks with their unused computing energy, and in flip, will earn cryptocurrencies.
Rosetta@residence focuses on researching proteins that comprise the novel coronavirus to supply therapeutics and diagnostics.
IBM World Neighborhood Grid works on predicting the effectiveness of specific chemical compounds as doable therapies for COVID-19.
Customers rewarded with CPUcoin’s token
As quickly because the CGN Miner platform detects when somebody helps COVID-19 BOINC tasks, the person will obtain CPUcoins, which is a utility token that may be traded for different cryptos like Tether (USDT), Bitcoin (BTC), and Ether (ETH) on ProBit Trade.
Talking with Cointelegraph, Sean Barger, managing director of CPUcoin, stated:
“CPUcoin doesn’t personal any computing infrastructure, as a substitute it’s owned by the community members, also called ‘CGN Miners.’ Miners are rewarded for his or her pc time in CPUCoin’s native cryptocurrency, CPU. CPU is used to pay for consumption of decentralized providers that are and can be launched by builders, in addition to for making payouts to miners of idle pc time.”
Barger believes that CPUcoin’s partnership with BOINC marks a “pivotal key milestone” in blockchain and cryptocurrency corporations’ ongoing quest for enterprise and mainstream adoption.