Every day, over a quarter of a million new websites emerge, all requiring a digital space to exist. Traditional hosting services offered by centralized giants have been the go-to solution, offering ease and reliability but at the cost of control and potential scalability issues. The booming cloud market, projected to exceed $1.2 trillion by 2028, is a testament to the growing demand for digital space, albeit predominantly centralized.
The tide is turning with the introduction of Acurast into the peaq ecosystem, known as the peaqosystem. Acurast, a pioneering decentralized serverless cloud service, has been making waves by utilizing smartphones for distributed computing within a decentralized physical infrastructure network (DePIN). This groundbreaking approach not only democratizes cloud hosting but also aligns with the principles of Web3, offering a privacy-first, trustless, and permissionless alternative to the centralized models.
Alessandro De Carli, Co-Founder of Acurast, expressed enthusiasm about the partnership, stating, “We are thrilled to be joining the peaq ecosystem, the thriving home of DePINs. We view distributed cloud computing as a major step toward true decentralization and are looking forward to unlocking this technology for the DePINs on peaq — and tapping peaq’s Modular DePIN Functions for our own DePIN.”
Bridging Web3 Innovations
By integrating with peaq, Acurast embarks on a mission to revolutionize cloud hosting for decentralized applications (dApps) and DePINs. This partnership is expected to offer a robust, decentralized alternative to traditional cloud services, facilitating a seamless and secure environment for off-chain computing. Acurast’s deployment of its innovative oracle on peaq distinguishes it from conventional Web3 oracles, providing data on-demand rather than at fixed intervals.
This integration allows native DePINs on peaq to operate their off-chain components in a fully decentralized manner, enhancing security and efficiency. Moreover, the collaboration will explore the potential of outfitting smartphones within the Acurast network with peaq IDs. This initiative aims to authenticate data broadcasted by these devices and empower communities to collectively own and manage them, fostering a more inclusive and decentralized digital ecosystem.
Till Wendler, co-founder of peaq, echoed this sentiment, highlighting the importance of Web3 cloud computing for the autonomy of dApps and DePINs. “Web3 cloud computing is a vital service for making dApps and DePINs truly decentralized. We are thrilled to see Acurast join the peaq ecosystem and are certain that it will create a lot of value for the DePINs on peaq and for the community,” Wendler said.
This partnership between Acurast and peaq signifies a major step towards decentralizing the digital infrastructure, potentially leading more teams to transition their projects onto the peaq platform. The collaboration is poised to increase network activity, thereby enhancing the value for every stakeholder within the ecosystem and setting a new standard for the future of cloud hosting.
