Akash Network company info

What does Akash Network do?
Akash Network (CRYPTO:AKT) emerges as a transformative force in the realm of decentralized cloud computing, offering a secure and efficient marketplace for users to trade computing resources. Built on the Cosmos SDK and utilizing a Proof-of-Stake (PoS) consensus mechanism, Akash Network relies on a decentralized network of nodes, responsible for providing computing resources and transaction processing. A dedicated team of core developers further advances the protocol and infrastructure. This dynamic platform is continuously evolving with several projects on its horizon. Notably, Akash is working on a decentralized exchange (DEX) that enables users to trade AKT and other cryptocurrencies without the need for intermediaries. Additionally, a smart contract platform is in development, facilitating the creation of decentralized applications (dApps) on Akash. The core objectives of Akash Network encompass ensuring a secure, scalable, and cost-effective cloud computing marketplace, fostering a thriving ecosystem of decentralized applications, and democratizing cloud computing accessibility. With a robust team and a growing community, Akash Network is poised to reshape the future of cloud computing, offering immense promise and potential.
Akash Network company media
Company Snapshot

How many people does Akash Network employ?

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Employees
10+

What is the market cap for Akash Network?

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Market Cap
$1.41B

Where is the head office for Akash Network?

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Head Office
San Francisco, CA

What year was Akash Network founded?

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Year Founded
2015
What does Akash Network specialise in?
/AI & Big Data /Cosmos Ecosystem /Distributed Computing /Generative AI /Injective Ecosystem /Web3

What are the products and/or services of Akash Network?

Overview of Akash Network offerings
Akash Network is a powerful and versatile cloud computing platform that offers a wide range of services. It is a good choice for businesses and individuals who are looking for a secure, scalable, and affordable cloud computing solution.
Block storage: Akash Network provides block storage for users to store their data. Block storage is available in a variety of sizes and configurations to meet the needs of different applications.
Container orchestration: Akash Network provides built-in container orchestration using Kubernetes. This makes it easy for users to deploy and manage their applications on Akash.
Decentralized cloud computing marketplace: Akash Network is a decentralized cloud computing marketplace that enables users to buy and sell computing resources securely and efficiently. Users can deploy and run any cloud-native application on Akash, including web applications, mobile applications, and machine learning models.
Load balancing: Akash Network provides load balancing to ensure that applications are highly available and performant.
Networking: Akash Network provides networking services to allow applications to communicate with each other and with the internet.
Security: Akash Network provides a variety of security features to protect applications and data, including encryption, access control, and firewalls.