Using Golem, users can buy or sell computing power among themselves in a peer-to-peer environment. Golem uses Ethereum smart contracts as a transaction system for nano-payments within the network.
Golem is a global, decentralized, open source supercomputer that anyone can access. It uses the computing power of users' computers - from regular laptops to entire data centers.
Anyone can use Golem to perform (almost) any operation they can think of, from image processing to conducting research and launching websites. All this is done in a completely decentralized and low-cost method.
Here are just a few examples of what Golem is capable of:
- Computer graphics - Golem can share the tasks of processing computer graphics, so that what would have taken you several days, will be done in a matter of minutes at a record low cost. The first version of Brass Golem will be exactly that.
- Cryptography - Golem supports the world's first and largest decentralized cryptocurrency mining pools. He can also use cryptography to factor large numbers.
- Business - from predictions of market behavior to big data analysis. Golem can speed up enterprise computing while reducing costs.
- Science - a low-cost and easily accessible supercomputer will be extremely useful for science, from DNA analysis to simulating protein folding and searching for extraterrestrial civilizations.
- Machine learning - if you teach artificial intelligence to recognize voice, image, or play chess, Golem will speed up the process.
- Microservices - Golem application log supports an infinite number of decentralized microservice options and applications that you can develop and distribute (for money if you want).
This is just the tip of the iceberg of Golem features. Their number will grow rapidly with the advent of new technologies.