CUDOS Expanding the Cryptocurrency Industry to Make the World a Better Place

Rich Charles
2 min readJul 13, 2021

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Suppose you lived in the 1920s with complete recollection of what happens in the 20th century, and you tell the people back then that everyone will be able to put their phones in their pockets and connect with virtually every person on the planet using the cloud, you’d probably be sent to a mental asylum and locked because of how ridiculous your claims have sounded to the people back then.

More so, the idea that they will be able to pay everything they purchase, from basic necessities to cars and even finance a rocket bound to the moon using a currency that is intangible.

Of course, these concepts are no longer alien to us because we are living with these pieces of technology available at our arms’ reach. We have smartphones that are automatically connected to the cloud, a personalized public server where we could keep any type of information imaginable as long as one has means to do so, along with the internet, this is what enables this grand system to work in its full capacity and deliver all types of information to whomever it is meant to. From things as simple as sending your grocery shopping list to your significant other, to sensitive information that could make or break an individual, or even at times a country.

Amidst this upheaval, CUDOS hopes to make an even bigger leap, revolutionizing the computing and the technology industry by making the computing resources available cheaper, more accessible, and more sustainable. Led by Matt Hawkins in 2017, and the former president of Sony PlayStation Chris Deering, they are spearheading a generation that will utilize the cloud’s ability to be a universal connecting channel. This time, to give a way for every piece of technology there is available to aid in solving algorithms. Its practical applications work best in the cryptocurrency industry, where most transactions are carried over by solving complex computations within the blockchain. With the help of CUDOS, the cryptocurrency industry can hope for faster, and in turn cheaper transactions.

It could also offer valuable assistance in the fields of Scientific Researches, where accurate simulations are a must in order to tract the progression of a disease, or to accurately predict the movement of the stars in the unforeseeable future.

With larger computing power also comes more powerful systems. This gives hope in the field of robotics and may even aid in the conception of the first generation A.I.

This is the period where the unimaginable becomes real eventually, and with a valuable ally of technology like CUDOS on the move, there is no telling what humankind can reach and where our species could go.

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Rich Charles
Rich Charles

Written by Rich Charles

Crypto Enthusiasts | CUDOS Ambassador | AANN.ai Ambassador

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