A decentralised, sustainable, and connected world where no computing is wasted.
Empower people and organisations to earn and save through cheaper, accessible, and sustainable computing by utilising spare capacity.
The computational needs of our tech-driven world put an enormous ecological strain on the planet. The inefficient use of the existing computational resources compounds the problem. Our decentralised cloud solution helps the environment by utilising spare computing resources.
People from low-cost energy, low-income developing countries can benefit from our solution. Charities could gather unused devices and donate them to families in these regions to help them generate income.
Cudos’ UN Sustainability Commitment
Cudos unties cloud and blockchain for a decentralised, sustainable, and equitable world aligning its activities with the United Nations 17 sustainability goals.
CUDOS partners with Tingo to tackle the poverty premium through mobile monetisation applications. The impact of the collaboration will initially extend to over 10 million mobile devices across the Tingo network. This would create a fully inclusive digital ecosystem, distributing the CUDOS technology to millions of smartphones.
Indirectly, CUDOS’ collaboration with Tingo aims to enable better access to finance and create technologies and business models for the betterment of communities. By enabling over 10 million users to earn and spend CUDOS, the partnership aims to reduce hunger across Africa and beyond, enabling the unbanked to transition to a world of safe and secure payment scenarios.
CUDOS is committed to equality and empowerment through blockchain apprenticeships, supporting quality education in an emerging technology field and promoting better access and gender diversity through its initiative.
Indirectly, CUDOS’ commitment to sustainability and carbon neutrality supports better water quality and sanitation. Additionally, the decentralised network announced a partnership with EnergyNetiQ, which aims to accelerate the development of innovative technology to extract energy, converting water into fuel.
CUDOS demonstrates its commitment to this goal across several aspects. On an international level, it aims to reduce inequality by empowering people in rural Africa to monetise their mobile devices and earn CUDOS. The decentralised cloud computing network also promotes gender equality within the company and the wider industry and promotes better access to education through apprenticeships.
Fundamentally, CUDOS addresses this goal by helping the world reduce wasted computing energy. As a Proof of Stake (PoS) network, it indirectly reduces the need to complete energy-demanding computational tasks endemic to Proof of Work (PoW) blockchains. Moreover, through its partnerships, CUDOS is committed to carbon neutrality.