Cudo, the team behind the Cudos Network, announced today a technology partnership with Accubits and its blockchain and artificial intelligence-focused subsidiary, Future Tech. The partnership aims to speed up the adoption of the Cudos Network and will start with decentralized application and tool development in the area of nonfungible token marketplaces before expanding to other use cases.
Accubits was founded in 2012 and is trusted by both Fortune 500 enterprise customers and tech startups. It boasts a global development team of over 350 members and works across smart city, AI, blockchain and NFT projects. Accubits’ excellence in delivering solutions to the enterprise and blockchain industries is well recognized and its clients include NASA, Smart Dubai and Nissan.
“There were many ‘things’ we were looking for in selecting the right technology partner for Cudo: a white-glove treatment for future developers on our Cudos Network who have been awarded grants to build and launch their DApps, a company with a conscience and a company that already has a foundation of tools and services that we can make available to our developer and future token launch community. Accubits and its group companies fit that bill exactly and we are honored to now officially call them partners,” said Matt Hawkins, CEO and founder of Cudo.
Cudo is building a decentralized blockchain computing platform with its Cudos Network. As such, high-performance computing will be available to blockchain developers and consumers in early 2022. This will remove the blockchain industry’s dependence on the current centralized oligarchy of Amazon Web Services (AWS), Azure, Google Cloud and Alibaba. There will be an alternative for anything more intensive than the low data workloads of decentralized finance transactions, minting and trading NFTs, data oracle services and API calls.
For 2021, the two companies will first focus on existing blockchain services. Accubits’ service portfolio includes a white label NFT marketplace platform, which was built with Future Tech and can be fully customized for the project owner.
“Right now, there is a land grab for individuals and brands across the sports and entertainment world for securing NFT collections, but that is somewhat short-sighted with the true potential of NFTs and digital transformation. In Cudo, we have found a long-term partner that shares our vision and ethos and we are itching to start rolling out services over its carbon-neutral network. I truly believe that Cudo’s efforts to merge the blockchain and cloud worlds will accelerate blockchain adoption and we will be there, right in the thick of it, making sure that we are part of that legacy,” said Daniel Sloan, co-founder and chief information officer of Future Tech.
Additional services will benefit the Cudos Network in the future. These include CoinFactory, a battle-hardened and fully compliant token issuance platform, as well as many data analytics and artificial intelligence tools.
The Cudos Network is a layer-one blockchain and layer-two computation and oracle network that ensures decentralized, permissionless access to high-performance computing at scale and enables scaling of computing resources to 100,000 nodes. Once bridged onto Ethereum, Algorand, Polkadot and Cosmos, Cudos will enable scalable computing and layer-two oracles on all of the bridged blockchains.
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About Accubits and Future Tech
Future Tech is a joint venture with Accubits. As a sister company, it was formed with the goal of leveraging the strengths of Accubits’ technical capabilities and Future Tech’s expertise in understanding both technology and the needs of businesses to bridge that gap between the two.
Future Tech is the master reseller for Accubits, and we are continually expanding our global network of value-added reseller partners. As experienced solutions integrators, we connect the right people, products and services to solve even the most challenging problems from NFT marketplace solutions and AI transformation to the adoption of enterprise blockchain.