Frequently asked questions
What is Blockchain?
A blockchain is an immutable time-stamped series record of data that is distributed and managed by cluster of computers
Blockchain technology is an entirely new way of documenting data on the internet. The technology can be used to develop blockchain applications, such as social networks, messengers, games, exchanges, storage platforms, voting systems, prediction markets, online shops and much more. The information recorded on a blockchain can take on any form, whether it be denoting a transfer of money, ownership, a transaction, someone’s identity, an agreement between two parties, or even how much electricity a lightbulb has used. However, to do so requires a confirmation from several of devices, such as computers, on the network. Once an agreement, otherwise known as a consensus, is reached between these devices to store something on a blockchain it is unquestionably there, it cannot be disputed, removed or altered, without the knowledge and permission of those who made that record, as well as the wider community.
What is cryptocurrency?
Cryptocurrency is an internet-based medium of exchange which uses cryptographic functions to conduct financial transactions. Cryptocurrencies leverage blockchain technology to gain decentralization, transparency, and immutability.
What is HPC?
High-performance computing (HPC) enables users to solve complex, computationally demanding business, engineering and scientific problems through computer modeling, simulation and analysis. The applications used in HPC require high bandwidth, enhanced networking and robust compute capabilities. A HPC system can be a single supercomputer or a distributed cluster of GPU-intensive servers in a cloud platform.
What is AI?
Artificial intelligence (AI) is the simulation of human intelligence processes by machines, especially computer systems. These processes include learning (the acquisition of information and rules for using the information), reasoning (using rules to reach approximate or definite conclusions) and self-correction. Particular applications of AI include expert systems, speech recognition and machine vision.