Ankr Network & DigitalOcean Announces Strategic Partnership

The  Summary

Ankr Network remains unstoppable. After listing on major exchanges, the distributed computing network has now partnered with DigitalOcean to benefit the end users.

Through this strategic partnership, users can expect over 15% improved service time and reduced latency thereby improving the servers efficiency and throughput.

Entire Press Release

Ankr, a distributed computing network that leverages idle resources in data centers, personal computers and edge devices, has announced a strategic partnership with DigitalOcean, one of the world’s largest cloud infrastructure providers.

Operating over 13 data centers worldwide, DigitalOcean will utilise Ankr’s distributed network to channel idle computing capacity and enable end users to save up to 15% with improved service uptime as well as reduced latency.

Chandler Song, co-founder and CEO of Ankr, said: “Despite cloud computing quickly becoming the backbone of the 21st century’s technical infrastructure, companies continue to struggle with the challenges of accessibility and cost-efficient cloud solutions."

He further adds: "By moving away from traditional cloud computing and its significant capital and server costs, Ankr is creating a distributed cloud ecosystem that reduces existing inefficiencies and costs. Powered by blockchain, our platform empowers key industry players to participate in the cloud economy and unlock shared value for a truly optimized system.”

In addition to the collaboration with DigitalOcean, Ankr has recently announced a partnership with Telefonica, Europe’s largest telecom operator. The partnership will see Ankr’s distributed computing solutions rolled out across Telefonica’s data centers in 17 countries globally. 

The Ankr founding team’s background spans cloud enterprise companies such as AWS and SAP, as well as financial powerhouses Morgan Stanley and Credit Suisse. Having secured funding from investors such as Pantera Capital and Digital Horizon Capital, Ankr’s platform will be launched in March.

About Ankr Network

Ankr is building a distributed computing network that leverages idle resources in datacenters, personal computers and edge devices.

The compute marketplace unlocks the sharing economy for cloud computing by benefiting both sides of the market, and with technologies like Kubernetes, Docker, blockchain and trusted hardware, Ankr makes the new cloud cheaper, more secure and more user-friendly.

The team is led by ambitious serial entrepreneurs and experienced engineers, and is actively partnering with large tech companies like SAP and Telefónica to achieve real-world adoption.


About DigitalOcean

Headquartered in New York, DigitalOcean is a cloud infrastructure provider that has operations in more than 13 data centers globally, with a major focus on the United States, the United Kingdom, Singapore, India, and Canada.

With a repertoire of clients that includes Slack, WeWork, GitLab, and Docker, DigitalOcean equips companies and developers with a reliable and easy-to-use computing platform for seamless scaling.


Related post

Leave a Reply

Your email address will not be published. Required fields are marked *