The Multiven Ecosystem
According to Gartner, the global Information Technology (IT) spending on products and services will exceed $3.80 Trillion in 2019. This is an astonishing figure by any standards, but the current market carries a fundamental flaw: Centralization, which features an inherent vulnerability risk. There have been a number of well documented hacks and attacks that have caused a great deal of downtime and financial loss.
The keys to minimising the impact of these attacks are regular software maintenance and management services, and decentralisation.
The Multiven ecosystem includes a number of platforms, subsidiary companies, and proprietary tools that provide a comprehensive range of cyber-defence and hardware and software trading services.
Multiven maintains, manages, and protects the hardware and software that runs the internet, while promoting a decentralised environment through the Multiven Open Marketplace (MOM), a peer-to-peer (P2P) marketplace on the Ethereum blockchain that will soon enable the trading of computer and network hardware and software.
Multiven also runs a subsidiary platform, Pingsta, which acts as a knowledge-pooling platform for Internet network engineers and cryptographers. Pingsta uses an AI-engine, mySolvr, to document and resolve network issues.
Multiven Open Marketplace (MOM)
Multiven intends to disrupt the existing electronic commerce industry with the Multiven Open Marketplace (MOM), a blockchain-based, decentralized, P2P marketplace where people can buy and sell new, pre-owned, and recycled computer and networking hardware like phones, laptops, servers, routers, firewalls etc. and also trade software and services, using smart contracts. MOM removes intermediaries and smashes geographical borders.
All transactions in the MOM ecosystems will be carried out solely with Multiven’s own ERC-20 compliant token, MultiCoin (MTCN), which will also serve as payment mechanism for the Pingsta community.
There is a second strand to MOM: Enabling affordability of equipment in emerging markets.
The high cost of computer networking equipment tends to lead to excessive centralization around developed and industrialized countries, leaving emerging markets at a disadvantage, and also open to negative influence by bad actors. MOM will greatly reduce the cost of acquiring and operating Internet networks, which will hopefully lead to further decentralization, market parity, and resilience.
Multiven will invest a significant portion of the transaction fees generated by MOM to help secure the future of cryptocurrencies through the cyberdefence of Bitcoin nodes via its B-fence program and decentralization of Bitcoin nodes into space through its Nodes-in-Orbit (NiO) program. This will put the Bitcoin network beyond reach of centralization attacks.
Pingsta: A community of Internet network experts
The Internet, the infrastructure upon which blockchain traffic traverses, needs to be protected and maintained to guarantee its uptime, availability, and reliability.
Pingsta is another facet of Multiven’s offering. Pingsta gathers a 1,200-strong team of Internet network experts, cryptographers, and security researchers whose task is to share their expertise through the platform and resolve network problems. Pingsta’s knowledge-sharing trait ends the issue of siloed problem-solving, while enabling its members to monetize their time and expertise.
Nodes-in-Orbit (NiOs): Space as the final crypto frontier
Multiven’s ambitions go beyond Earth’s boundaries.
The company intends to invest some of the proceeds of its ICO into the research, design, development, and launch of space-based crypto nodes.
Launched into low-Earth orbit (less than 1200 miles above Earth), the nodes will run on solar-powered white boxes and will communicate with Earth and each other via Delay/Disruption Tolerant Networking (RFC 4838 for space-based communication).
The NiO network will permanently eliminate the issue of crypto centralisation, thus ensuring the longevity of cryptocurrencies and related decentralised applications.
Multiven’s goal is to have the first set of NiOs (9 in total) in orbit by 2022.
Artificial Intelligence (AI) is slowly permeating a great diversity of both industrial and societal aspects. As more and more devices become connected through the Internet-of-Things (IoT), AI will take a pivotal role in technological development.
Multiven realized AI’s potential early, and developed mySolvr back in 2007.
mySolvr is an AI engine that learns from the expertise shared by the network of engineers through Pingsta. When a Multiven customer reports an issue with one of the maintained network devices, mySolvr suggests a solution from its knowledge repository. Right now, mySolvr is able to resolve over 50% of issues in this way.
If mySolvr is unable to locate a known solution, it creates a task and assigns it to a member of the Pingsta community with the relevant expertise. The Pingsta member solves the problem and receives payment in Multicoins, and mySolvr adds the solution to its knowledge repository, which will speed up the resolution of the same problem if it reoccurs in the future.