UAE ThreeFold Blockchain creates First neighborhood cloud network
ThreeFold and Paradise Hills join forces to bring the world’s largest decentralized Internet Cloud powered by the ThreeFold Blockchain into Homes.
UAE ThreeFold, a Blockchain Cloud Internet platform solutions provider, and UAE Real Estate developer Paradise Hills add dedicated servers (3Nodes) to approximately 170 homes in the Paradise Hill project, creating the world’s first neighborhood Cloud Network on the ThreeFold Grid.
UAE Paradise Hills Development and ThreeFold aim to provide every homeowner of the gated residence with a pre-installed 3Node, a dedicated server that provides the edge computing and internet storage needed to run decentralized applications and internet services.
The initiative will provide residents, businesses, developers and the government with a secure and highly available sovereign cloud infrastructure to store and process their data locally.
“This historic collaboration is the first pilot in a series of initiatives by ThreeFold to help expand the digital landscape of the United Arab Emirates (UAE),” says Adnan Fatayerji, co-founder of ThreeFold. “It will support the development of edge computing, smart cities and IoT, showcasing the power of the private sector to build and drive digital empowerment initiatives in support of the Digital Dubai vision set by the Emirates leadership.”
Over the last decade, “data sovereignty” became a key topic globally, with many countries insisting that any data produced locally should be stored on Internet infrastructures within their borders. By bringing ThreeFold’s decentralized Internet infrastructure to real estate properties such as Paradise Hills, the UAE will be home to the first-of-its-kind, self-sovereign, smart city development in the world.