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DockMyRide

Sharing of Computational resources with Crypto Tokens

The problem DockMyRide solves

With continually increasing hardware specs and computing power, the systems are much more capable than we can think of. Even though, a large fraction of the hardware resources are left untapped. If these hardware resources are made to participate in a network which would make remote processing and storage of data possible, it would prove to be a huge success. Coupled with modern technology such as blockchain, we can make it more secure than it would have been in the past.

Challenges we ran into

The major issue that we came accross was the security that the host system which was given the responsibility to remotely process the data would not tamper with it. Though it may seem as a very obvious problem, there has been a long debate on the feasibility of such authentication and security. We can reduce the risks though, by using key to key encryption and making conditions in the smart contracts.

Discussion