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aZen Protocol Announces the Launch of Its New Decentralized Marketplace for Computing Infrastructure to Revolutionize the DePIN Sector

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Release: 2024-08-08 03:22:41
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aZen Protocol has announced the launch of its new decentralized marketplace for computing infrastructure to revolutionize the Decentralized Physical

aZen Protocol Announces the Launch of Its New Decentralized Marketplace for Computing Infrastructure to Revolutionize the DePIN Sector

Auckland, New Zealand, August 7th, 2024, FinanceWire aZen Protocol has announced the launch of a new decentralized marketplace for computing infrastructure to revolutionize the Decentralized Physical Infrastructure Networks (DePIN) sector. 

Following the launch of the DePIN protocol on Solana on May the 23rd, which allows people to monetize idle computing resources, such as GPU, CPU, bandwidth, storage, and RAM, by transforming them into tokenized assets, aZen has launched aZen Marketplace the first decentralized marketplace where these assets are available for rent to businesses and projects needing to scale their operations, at a fraction of the cost of centralized providers.

“Our goal with aZen Protocol is to democratize access to computing resources by transforming how they are managed and utilized. We are building an ecosystem that enhances efficiency and transparency while opening new revenue streams for users and businesses alike,” said Dr. Felix, CEO of aZen Protocol.

After filing the patent in New Zealand and successfully launching aZen Connect APP across Play and Apple Store, including the aZen DePIN for Android Smartphones and now aZen Marketplace, the aZen Protocol has achieved significant milestones by integrating two decentralized storage DePIN projects backed by IDG and OKX Ventures. These integrations leverage the idle resources of DePIN devices, enabling new services such as CDN, VPN, and other advanced computational tasks, with a combined value exceeding $ 2M.

Moreover, aZen Protocol has entered into a commercial integration development agreement with Zenlayer, an IaaS provider for Ali Cloud, Azure, and AWS. This collaboration integrates resources from more than 300 locations worldwide, with an estimated value exceeding $ 500M. Using the aZen Protocol's smart contract-initiated services, akin to serverless solutions, this partnership aims to streamline and enhance service delivery for the Web3 industry, offering highly competitive pricing.

These collaborations represent significant milestones in advancing the Decentralized Physical Infrastructure Network (DePin) sector. By leveraging combined strengths, the partnerships aim to drive innovation and create a more interconnected and decentralized future.

Launched on May 23.

Founded by Academics working on compute resources scheduling since 2010, with rewards from Nvida Awards, the aZen Protocol development team, comprising 37 full-time engineers and project managers, has a strong track record in blockchain and GameFi development, with extensive experience in computing resource scheduling optimization since 2010.

They operate 33 virtual mobile cloud centers and provide a decentralized Android cloud for various applications, including office automation, gaming, and social media.

aZen DePIN, now available on Android, will soon be available to Linux, Windows, OSX, IOs, and even IDC and Mining Rigs.

aZen Protocol is transforming computing infrastructure through decentralized technologies. Focused on resource tokenization and decentralized management, aZen Protocol leads the DePIN revolution, offering innovative solutions for the digital ecosystem.

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