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About SONM

What is SONM?

SONM is a powerful distributed worldwide system for general-purpose computing, implemented as a fog computing structure.

SONM is a viable alternative to cloud solutions and services because of using a fog computing structure. Consumers of computing power in SONM get more cost-efficient solutions than cloud services.

SONM provides computing power in the most generalized case - general computing, this is suitable for a wide range of Consumers.

SONM provides a computing platform for real world applications: worldwide computations organized using SONM can serve to complete numerous tasks from CGI rendering to scientific computations. A number of applications will be launched either without modifications or with minimal improvements.

At the level of business logic, SONM is abstracted from the computing architecture (currently only amd64 support is implemented, it will be expanded in the future), abstracted from the virtualization technology (Docker support is currently implemented, and others will be supported in the future).

SONM resources are not based only on data centers, but on a wider range of sources, including people's computers and datacenters (selling excessive powers). People computers have both strong and weak sides. The weak sides are fewer related services, more difficult to ensure privacy of data and reliability. The strong sides are:

  • scalability - common resource pool, and potential to include unlimited computing power;
  • the price;
  • geographical distribution;
  • open infrastructure.

In SONM we join two global markets - the market of mining and the market of calculations using traditional cloud providers, so our clients (computation consumers and resource customers) receive conditions for mutually beneficial cooperation.

SONM's mission

  • To create a global decentralized marketplace of computing power: free from ownership, fault tolerant, secure and cheaper than centralized competition.
  • To provide both individuals and businesses an opportunity to use enormous amounts of decentralized computing resources for the first time in the history.
  • To enable individual owners of computing resources to profit from renting it out.
  • To create a viable alternative to cloud computing giants that literally own the world right now.
  • To create a platform for applications of a new type - applications of the future. These are decentralized applications, similar in architecture with micro services, able to horizontal scaling and are resistant to the fall of individual nodes.
  • To support not only the future, but also the present - we are compatible with many existing applications.

SONM is created for

The main persons in SONM are Customers and Suppliers. Customers can select any rental time or computer architecture they need for their project and they set the cost. Using SONM they can execute wide range of tasks. Suppliers are the resource owners. They can earn tokens by selling computing power peer-to-peer to Customers to perform their calculations.

The defining feature of SONM is its decentralized open structure, where Customers and Suppliers can interact with no middlemen, while building a market for them, unlike cloud services. Decentralized computational power marketplace of SONM allows the customers to find each other and get the best prices.

Customers and Suppliers are the driving force of SONM. They fill the Market, creating competition and movement in the free resource market.

Main use cases:
  • Machine learning
  • Video rendering
  • Web hosting
  • Scientific calculations
  • Backend for managed data storage services
  • Large scale deployment
Main algorithm for Customer:
  • Download and configure SONM components.
  • Buy SONM tokens.
  • Go to the Marketplace.
  • Chose resources, make an order.
  • Get the most suitable offer and make a deal.
  • Start the task on the purchased resources.
  • Get task results back.
Main algorithm for Supplier:
  • Download and configure SONM components.
  • Compose resource slots for rent.
  • Place orders to the Marketplace.
  • Monitor deals.
  • Get income. All resources are bought out on the market at the best price!

All work can be automated from the consumer side - APIs are available. You can buy and rent resources if necessary through the API.

Deals technologies

We are using a public platform of smart contracts for key operations that require consensus. Using smart contracts allow made many kinds of contractual clauses partially or fully self-executing, self-enforcing, or both. The aim with smart contracts is to provide security that is superior to traditional contract law and to reduce other transaction costs associated with contracting.

A significant part of the market is implemented on smart contracts. Information about SONM participants (profiles, ratings, history of operations) is stored in registries on the basis of smart contracts. Transactions are carried out on smart contracts.

Virtual currency used for payments in SONM is SNM token. It is a ERC-20 standard token, based on Ethereum. Token has a function of payment equivalent of computing powers. Token is designed as an utility token (not a securities) according to Singapore law (SFA, FAA), juridical practice and MAS definitions.

Main SONM features

  • Distributed fog general computing.
  • Open-souce product with wide community (github.com).
  • Can utilize all hardware on Supplier's machine - CPU, memory, disks, GPU and network (currently only amd64 support is implemented, it will be expanded in the future).
  • Debut computing open marketplace where all transactions are in crypto.
  • Reputation and rating system allows to ensure the reliability of the partner.
  • Can execute wide range of tasks and existing applications: Machine learning, Video rendering, Site hosting, Scientific research, Mining and others.
  • Allows to select the right amount of computing resources that fit the required parameters for a particular use case.
  • Global scalability.