Distributed Exchange is a customized on demand computing solution that allows companies to buy and sell excess computing power similar to that of a commodities market.
Distributed Exchange uses a commodity-based approach to manage computational resources for consumers in a peer-to-peer computing cloud. It allows buyers and sellers access to an electronic trading environment where users have utility access to unused / under used compute capacity. Consumers can bid on computing power while Computing Capacity providers offer cost-effective computational capacity on demand, thus creating a competitive computing marketplace.
Distributed Exchange is a web-based agent in a Computing Capacity Market. We act as an intermediary between Computing Capacity producers (ISPs, Hosting Firms, etc) and Computing Capacity consumers. Distributed Exchange's role in Computing Capacity sales is similar to a real estate agent's role in home sales. We connect those who need somewhere to live with those who have a home - but for your data.
- Familiar Banking Operations: Distributed Exchange supports familiar operations such as deposits, withdrawals, balance feedback, transfers and refunds.
- Credit and Debit Accounts: Accounts feature an optional credit limit allowing support for both debit and credit models. This feature can also be used to enable overdraft protection for specific accounts.
- Dynamic Charging - Rather than post-processing resource usage records on a periodic basis to rectify project balances, accounts can be updated immediately at job completion.
- Reservations - Before a job runs, a hold is placed against the account for the estimated number of resource credits, followed by an appropriate withdrawal at the moment the job completes, thereby preventing projects from using more resources than were allocated to them.
- Flexible Charging - The system can track and charge for composite resource usage (memory, disk, CPU, etc). Custom charge multipliers can also be applied (Quality of Service, Node Type, Time of Day, etc).
- Buyers: Get on demand high performance computing power when you need it for a reasonable price.
- Sellers: Earn Revenue on unused computing capacity.