Zennet
Decentralized Peer-to-peer Computation Platform
Company Overview
Snapshot
Founded in November 2014 by Ohad Asor, Zennet operates with 1–10 employees. The company is in the Pre-Funding stage, focusing on developing a decentralized supercomputer platform.
Business overview
Zennet is developing a public, distributed, and decentralized supercomputer platform. Its core technology enables an open-market where computation power can be traded, allowing users to rent processing power for arbitrary tasks or monetize their hardware by offering unused computation power. The platform serves publishers and providers, facilitating a free-market infrastructure for computation, leveraging blockchain and virtualization technologies for secure and frictionless transactions. Zennet operates within the Business Software sector, with a focus on DLT & Blockchain and P2P core technologies.
Strategic signal
In November 2014, Zennet released details of its Zencoin presale, signaling its initial market entry strategy and the foundational element of its decentralized computation platform. This move indicated the company's early efforts to establish its cryptocurrency and attract participants to its ecosystem, highlighting its commitment to a blockchain-based approach for monetizing and distributing computational resources.
Log in to access full profile ›Company Intelligence Q&A
- When was Zennet founded?
- Zennet was founded in November 2014 by Ohad Asor.
- What is Zennet's primary product?
- Zennet's primary product is Zencoin, which is integral to its decentralized computation platform.
- What is the core technology behind Zennet's platform?
- Zennet's platform utilizes blockchain and virtualization technologies to enable a decentralized, peer-to-peer supercomputer where computation power is traded.
- What was a significant early announcement from Zennet?
- In November 2014, Zennet released details regarding the presale of its Zencoin, an early step in establishing its decentralized cloud network.
- How does Zennet facilitate the exchange of computation power?
- Zennet operates an open-market platform where providers can offer unused computation power for sale and publishers can rent this power, with transactions facilitated by blockchain technology.