San Mateo, CA (July 29th, 2019)

NKN and Taxa Network are pleased to announce a collaboration to bring together decentralized network and trusted compute (TEE) to enable a new breed of high-performance, trustless applications and services. This strategic partnership will allow NKN to integrate Taxa’s compute environment and smart contract platform on NKN’s global P2P network. The result will provide developers a truly secure and decentralized platform for building the next generation of web 3.0 applications.

New ultra high definition streaming game Services, like Google Stadia, have begun to show the capabilities of running complex computing functions such as gaming in the cloud. However, these solutions still use more centralized data centers with the risk of a single point of failure as seen by recent service outages by Cloudflare and others. Using NKN’s decentralized network, single points of failure are greatly reduced and with Taxa compute capabilities that leverage the Trusted Execution Environment (TEE) you can be assured your application’s availability, integrity and confidentiality.

TEE is an important element in the future of decentralized but trusted computing as it offers a secure area within the processor to protect both the confidentiality and integrity of the software and data inside. This is especially important in crowd sourced networks like NKN and Taxa where resources can be controlled by 3rd parties. Today, TEE is supported by leading silicon manufacturers like Intel, ARM, AMD and their alliance partners offering many options to run confidential compute within the Internet infrastructure.

The ability to run applications at the edge is critical in meeting the stringent performance requirements needed in game streaming and autonomous driving applications. By offering integrated network and compute resources across NKN’s more than 20,000 edge nodes, NKN can deploy these high bandwidth, low latency applications with many more points of presence than traditional cloud platforms. This means that applications can run much closer to the users location which results in lower round trip delays, higher bandwidth with less opportunity for backhaul congestion and limits, and overall a better customer experience.

NKN and Taxa will also be collaborating in joint marketing to attract developers to build new innovative Web 3.0 applications. The initial focus will be on gaming and Artificial Intelligence (AI) applications that can take advantage of our combined hosting resources and scale. Stay tuned for more announcements.

About NKN

NKN is the new kind of P2P network connectivity protocol & ecosystem powered by a novel public blockchain. We use economic incentives to motivate Internet users to share network connection and utilize unused bandwidth. NKN’s open, efficient, and robust networking infrastructure enables application developers to build the decentralized Internet so everyone can enjoy secure, low cost, and universally accessible connectivity. To learn more about NKN, visit website: https://nkn.org, follow Twitter: https://twitter.com/NKN_ORG , or join Telegram: https://t.me/nknorg.

About Taxa

Taxa Network is a privacy-preserving, computationally powerful, highly developable, blockchain agnostic layer-2 infrastructure. By leveraging state-of-the-art trustless technologies, Taxa aims at becoming the universal business logic layer of blockchain infrastructure, enabling killer apps of Web 3 to develop and thrive. To learn more about Taxa, visit website: https://taxa.network, follow Twitter: https://twitter.com/taxanetwork, or join Telegram: https://t.me/taxanetwork.