Web3 promised to resolve all of the Web2 issues, particularly the exorbitant level of control corporations have over the internet. Web3 and cloud computing go hand in hand, ushering in the next stage of the latter, also known as Cloud3. This is a general term used to draw attention to critical developments and changes.
How cloud computing and Web3 support each other
The cloud market is booming, expected to exceed $1.2 trillion by 2028 as cloud computing remains the de-facto industry standard for the apps we use in our daily lives. Many Web3 apps rely on centralized cloud service providers such as Amazon Web Services for their hosting and computational needs. However, centralized cloud servers have a variety of drawbacks, from cost and scalability issues to a lack of true ownership and privacy.
Peaq and Acurast join forces to decentralize cloud computing
peaq, the blockchain for real-world applications, announces an expansion of its ecosystem as Acurast joins in to decentralize cloud computing. Acurast is a distributed serverless cloud service turning regular smartphones into a decentralized physical infrastructure network (DePIN) for computation. As part of the integration with peaq, it will deploy its versatile oracle on peaq, offer its off-chain computing layer to peaq-native DePINs as an alternative to centralized cloud services, and tap peaq IDs for the devices on its own DePIN.
Reimaging the niche
Acurast is reimagining cloud computing with its mobile-first DePIN offering a variety of services, including distributed compute for Web2 and Web3 developers alike, data feeds, and on-demand oracles that can provide data when requested, not at set intervals, like with most cloud computing and Web3 oracles. It is joining the peaq ecosystem as a distributed cloud service provider for DePINs building natively on peaq.
Running off-chain elements in a decentralized, Web3 manner
As part of the integration, Acurast will deploy its oracle on peaq to provide it with on-demand off-chain data. It will also open its network for DePINs building natively on peaq to enable them run their off-chain components in a decentralized, Web3 manner. Further on, it will explore outfitting the smartphones on its DePIN to verify the data broadcast by these devices and enable communities to collectively purchase and own devices.
Alessandro De Carli, co-founder of Acurast, commented:
We are thrilled to be joining the peaq ecosystem, the thriving home of DePINs. We view distributed cloud computing as a major step toward true decentralization and are looking forward to unlocking this technology for the DePINs on peaq — and tapping peaq’s Modular DePIN Functions for our own DePIN.
Till Wendler, co-founder of peaq, added:
Web3 cloud computing is a vital service for making dApps and DePINs truly decentralized. We are thrilled to see Acurast join the peaq ecosystem and are certain that it will create a lot of value for the DePINs on peaq and for the community.
The evolution of web3 and cloud computing
Cloud3 is generally described as the evolution of the cloud. There are many high-demand, cloud-based niches and services like SaaS and IaaS. As Web3 grows and expands, these niches will become even more popular after they change and adapt. The next stage in web3 and cloud computing will empower businesses to use cloud-based platforms to customize communication experiences.
The transformative force of Web3
The transformation could usher in a completely novel Web3 and cloud computing model. Changes like privacy tech, a trusted execution environment, and scalable cloud models will become standard. Other changes will involve new protocols and better latency.
The new Web3 and cloud computing junction will offer new data access approaches, such as moving away from keywords to grasping context, intent, and nuance. Cloud infrastructure will process data more quickly and accurately. While AI and machine learning are contributing to these changes, there’s far more room for improvement when Web3 and cloud computing help.
