Theta Network partners with [email protected] to fight COVID-19

Theta Network partners with Folding@home to fight COVID-19
Written by:
Jinia Shawdagor
November 26, 2020
  • [email protected] uses cutting edge technology to research diseases such as cancer and Alzheimer's.
  • Theta Edge Nodes will be used to relay information on which drug designs could help COVID-19 antivirals.
  • Contributors will earn Theta (TFUEL) tokens for helping make a positive impact.

Theta Network, a decentralized data and video blockchain company, has announced that it will now work with [email protected], one of the world’s most extensive supercomputing systems. In the announcement, Theta Network gave details of how they would spearhead the technology needed by [email protected] to get faster progress of its future initiatives.

The development of Theta nodes devices will lead to more contributions being made with Theta Fuel tokens that will highly complement [email protected]’s projects, including its efforts to fight the COVID-19 pandemic.

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The joint venture of [email protected] and Theta brings advanced technologies from both sides. These systems are mainly powered to function with a high degree of efficiency to produce more precise results ready for testing in the real world.

The CEO of Theta Labs, Mitch Liu, stated,

[email protected] integration is a great initial test of Theta’s edge computing capabilities, as both initiatives are on the cutting edge of technology powered by a network of edge devices.”

He added,

“We’re excited that the Theta community can participate in meaningful ways to help develop a COVID antiviral, and at the same time leverage blockchain technology to further increase transparency and trust with network participants.”

[email protected] project

Since its launch in 2000, [email protected] has further developed its computing project to work with more diseases. Their simulation systems have also included the current COVID-19 virus that has caused havoc around the world. The new introduction of screening SARS for drugs that could prove useful in combating the disease had made a lot of progress in the research institutions. The technology had increased the amount of data necessary for more progress towards developing the COVID-19 vaccine.

Use of Cutting Edge Technology

The technologies employed by Theta and [email protected] come with increased transparency creating trust within the network by all participants. According to an assessment by both firms, such a system will include many complexities within the network. Some of these integrated features would consist of data-intensive computational processes, solving complex problems, more advanced blockchain features, video ingestion, transcoding, and many more that are yet to be discovered.

Theta Network features

Theta has included significant capabilities that have made it possible to partner with [email protected] to create a more powerful decentralized network. Some of these include; bandwidth sharing. The sharing process has been enabled through peer-to-peer networks and a secure protocol support level for all the users, whose number is expected to grow as the network develops further.