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Home » Hivello Partners with U2U Network to Boost Decentralized Computing

Hivello Partners with U2U Network to Boost Decentralized Computing

Enhancing DePIN Infrastructure for IoT and AI Applications

Kelly Cromley by Kelly Cromley
Dec 11, 2024
in Market News, News
Reading Time: 2 mins read
0
Hivello

Blockmate Ventures Inc has announced that its investee company, Hivello, has entered into a strategic partnership with blockchain developer U2U Network. This collaboration aims to advance the distribution of U2U nodes within Hivello’s decentralized physical infrastructure network (DePIN), combining cutting-edge blockchain technology with efficient computing resource sharing.

Hivello’s platform enables users to earn passive income by sharing their idle computing power through a streamlined and user-friendly application. In parallel, U2U Network specializes in advanced blockchain solutions tailored for Internet-of-Things (IoT) and artificial intelligence (AI) sectors. By merging their strengths, the partnership seeks to unlock new opportunities for users while addressing growing computational demands across these industries.

U2U Network’s architecture relies on Directed Acyclic Graph (DAG) technology integrated with the Helios Consensus mechanism. This innovative framework enables transaction speeds of up to 17,000 transactions per second (TPS) for each shard. Benchmark tests have also demonstrated the potential to scale performance up to 500,000 TPS, with an impressive transaction finality time of approximately 650 milliseconds. Such scalability is particularly valuable for applications requiring high throughput and minimal latency, including those in AI and IoT domains.

Blockmate Ventures’ leadership highlighted that the partnership reinforces Hivello’s capacity to expand its decentralized infrastructure while capitalizing on the rising global demand for shared computing power. The integration with U2U Network is expected to significantly enhance Hivello’s supply capabilities, allowing users to contribute computing resources to support U2U’s growing ecosystem.

Simplifying Access to Decentralized Income

Blockmate Ventures CEO emphasized the increasing demand for decentralized computing and how the Hivello platform simplifies access to this opportunity. By leveraging its intuitive application, users are seamlessly connected with buyers seeking computational resources. This growing partner network, facilitated by collaborations such as the one with U2U Network, highlights the widespread appeal and scalability of Hivello’s model.

The partnership offers Hivello users additional avenues to generate passive income. By contributing idle computing power to U2U’s ecosystem, participants play a pivotal role in supporting industries reliant on vast computational resources. This includes sectors where AI algorithms and IoT operations necessitate extensive data processing and real-time responses.

Hivello’s leadership reiterated the shared objective of promoting decentralized infrastructure to a broader user base. The collaboration represents a significant step toward empowering individuals globally by enabling greater access to DePIN opportunities and the benefits of blockchain technology.

Strengthening the Decentralized Ecosystem

With Blockmate Ventures holding a major stake in Hivello, the partnership further aligns with its vision of fostering innovation in decentralized systems. The integration of U2U nodes into Hivello’s network marks a notable enhancement in DePIN capabilities. Users can now actively contribute to and benefit from a decentralized computing ecosystem that is equipped to handle the growing demands of next-generation technologies.

Overall, the alliance between Hivello and U2U Network paves the way for a more robust, scalable, and efficient decentralized infrastructure. It offers practical solutions for industries requiring advanced computational support while empowering users to maximize the utility of their idle computing resources. This collaboration exemplifies how blockchain innovation and decentralized models can address real-world technological challenges and expand opportunities for global participants.

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