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Cryptocurrency is the most obvious, but not the only innovation brought by the Blockchain technology, which has already provided major breakthroughs and is slowly shifting the way society operates.
Even though the future impact of crypto is not entirely predictable and experts disagree on what its role may be in the coming years, this new virtual and decentralized currency has certainly highlighted that there are alternatives to how we relate to money.
But the influence and potentialities of the Blockchain go far beyond cryptocurrencies. More and more companies are looking at it as a solution to several very distinct problems in the fields such as banking, advertising, health, politics, media or the Internet.
We are now living in an era where there is no need to own physical assets to provide services. Uber, the largest transportation company in the world, owns no cars, the largest hospitality company – AirBnB – doesn’t own the properties that it lends, Alibaba, the largest retailer on Earth, doesn’t have any stock and Facebook, the most popular media network on the planet, doesn’t create content.
It is only natural that the Internet follows the same course. And that’s what Titanium Blockchain Infrastructure Services (TBIS) is doing. On a pledge to modernize the Internet, Titanium offers an Infrastructure as a Service (IaaS) that runs on its own Ethereum-based Blockchain platform.
Catering to All Needs of an Enterprise
The aim is to provide several fundamental features, like routers, firewalls and specialized equipment such as cryptocurrency miners or a payment service in an entirely cloud-based environment.
TBIS is offering a shock-proof Internet infrastructure. As it runs on an Ethereum Blockchain, the system is immune to DDoS or other address-specific attacks, thus providing a safe alternative to other cloud services. The system is also prepared to guarantee 100 percent uptime of all devices, applications and services, as it can monitor the network and complete “healing” actions whenever a fault is detected.
With this service, TBIS wants to replace the inefficient hardware foundation of today’s Internet with a shock-proof distributed network infrastructure.
ICO Still Running
The project is led by its CEO and Founder Michael Stollaire, who works together with a very experienced team that includes experts in such areas as Blockchain Technology, Business Management and Internet Network Infrastructure Management.
Besides the expertise and experience he gained through several years leading EHI, a technology consultancy specializing in enterprise infrastructure management, Mr. Stollaire is also bringing EHI clients, which span from small and medium enterprises to giants like Apple, Hewlett-Packard, IBM, or Microsoft.
TBIS is holding the first Dun & Bradstreet (D&B) and Better Business Bureau (BBB) accredited ICO. Investors can buy Titanium’s native BAR token, which will be the only way of paying for products and services within the TBIS ecosystem.
There are 60 mln BAR available, of which 35 mln (60 percent) will be purchasable. 20 percent of the remaining tokens will be given as an incentive to the Titanium team, 10 percent will be used for Titanium Community Bounties and 10 percent will be allocated to the reserve pool.
The ICO started on January 1, 2018, and will last for approximately 60 days, until the hard cap is reached. BAR tokens will be offered at an exchange rate of 700 BAR for 1 ETH.