SINGAPORE, December 9, 2020 – Beowulf Blockchain, the pioneer of the decentralized cloud network for communication services, today announced it will partner with Michael Dukakis Institute (MDI), the industry-first foundation for advancing smart city development and innovation. This partnership is underpinned by the joint vision of Beowulf Blockchain and MDI to facilitate high-powered AI-based initiatives toward building the next generation of virtual smart cities.
As the public sector is dealing with seismic technological, demographic and environmental shifts, the development of virtual smart cities has become the rocket fuel for this transformation. As a result, progressive infrastructures are turning to technological advancements as a way to scale up and prepare for the future.
“MDI is committed to identifying partners with a like-minded vision to harness technology and implement a holistic approach in order to put the necessary infrastructure into place,” said Mr. Tuan Nguyen, Director of MDI. “Not taking advantage of emerging technologies such as AI, Blockchain or the decentralized cloud comes at a cost. For this reason, smart cities of the future need strategic technology partners like Beowulf Blockchain to provide the right architecture, along with the right expertise to better connect communities, improve citizen services, power economic development, and manage resources more intelligently.”
Since its inception, Beowulf has rapidly become a recognized international leader for innovation, by expanding on a growing industry targeting the convergence of technologies that underscore the development of next-generation virtual smart cities, notably in the field of education, healthcare, finance, transportation, and entertainment.
Beowulf furnishes a comprehensive suite of services built on Blockchain that is supportive of the delivery of multiple solutions to help businesses reach a wider audience without any barriers. Among its many services, Beowulf offers QUICKOM, the U.S. patent pending decentralized telecom suite for large-scale conferences and classrooms; a fully immersive platform that takes the “distance” out of “distance teaching/learning” called Tutorica, HANA, an innovative telemedicine platform, and Biploma – the next-generation cloud service for the management of academic degrees and credentials on the blockchain. The Beowulf’s flagship suite for entertainment Fan8, meanwhile, offers the ultimate platform to redefine fan engagement through live, collaborative video chats.
One of the collateral developments born from the deployment of such architecture is an increased premium placed on transparency, and the innovation that comes with broader public demand for more resilient networks. In addition, it will undoubtedly open new avenues for Beowulf and MDI to scale their joint proposition to more intriguing cases, specifically in making network infrastructure more reliable, accessible via the pay-per-use model, and available at lower costs.
Beowulf is also known for its publicly-run decentralized blockchain, the eponymous Beowulf Blockchain which utilizes Delegated Proof-of-Stake consensus. The Beowulf supercomputer is built by integrating available computing resources contributed by individuals throughout the globe, with each transaction within the ecosystem recorded on the blockchain.
“The prospect of playing a disrupting part in helping to fundamentally transform the landscape for the development of AI-based virtual smart cities is a huge motivator. I have no doubt that the technological advances at the heart of Beowulf Blockchain can help to address widespread inefficiencies and operational challenges in the implementation of smart cities,” said Dr. William H. Nguyen, CEO and Founder of Beowulf Blockchain.
“Our partnership with MDI marks another milestone as we continue our march forward into the future of virtual smart cities by making what currently seems like lofty goals into a reality,” he continued. “This next step brings us closer to empowering every aspect of our daily lives, and to transform the lives of others into better, smarter, and healthier ones.”
About Beowulf Blockchain
Beowulf is a B2B decentralized cloud network for communication services. We bring transparency and immediately-available solutions for all users and business clients in many fields, including education, healthcare, finance, transportation, e-commerce and entertainment, by enabling them to provide communication features for their businesses without barriers.
About Michael Dukakis Institute
The Michael Dukakis Institute was created in 2015 with the mission of generating ideas, creating solutions, and deploying initiatives to solve global issues, especially those focused on Cybersecurity and Artificial Intelligence. Led by Chairman Michael Dukakis and Director Nguyen Anh Tuan, the Institute has emerged as a powerful voice in global policy by bringing together world leaders, scientists, thinkers, and innovators.