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Press release content from KISSPR. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from KISSPR
Press release content from KISSPR. The AP news staff was not involved in its creation.

Paradise Hills Property Development and ThreeFold to Establish the World’s First Neighborhood Cloud in Dubai, UAE

March 7, 2022 GMT
Paradise Hills Property Development and ThreeFold to Establish the World's First Neighborhood Cloud in Dubai, UAE
Paradise Hills Property Development and ThreeFold to Establish the World's First Neighborhood Cloud in Dubai, UAE
Paradise Hills Property Development and ThreeFold to Establish the World's First Neighborhood Cloud in Dubai, UAE
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Paradise Hills Property Development and ThreeFold to Establish the World's First Neighborhood Cloud in Dubai, UAE
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Paradise Hills Property Development and ThreeFold to Establish the World's First Neighborhood Cloud in Dubai, UAE

03/07/2022, Vancouver Canada · V6E 4A6 // KISS PR Brand Story PressWire //

ThreeFold and Paradise Hills join forces to bring the world’s largest decentralized Internet Cloud powered by the ThreeFold Blockchain into Homes.

Real Estate developer Paradise Hills and ThreeFold have announced today their plans to add dedicated servers (3Nodes) to approximately 170 homes in the Paradise Hill project, creating the world’s first neighborhood Cloud Network on the ThreeFold Grid.



ThreeFold and Paradise Hills join forces to bring the world’s largest decentralized Internet Cloud powered by the ThreeFold Blockchain into Homes.

To view an enhanced version of this graphic, please visit:
https://orders.newsfilecorp.com/files/8552/115780_3nodes.jpg

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Through this historic partnership, Paradise Hills Development and ThreeFold aim to provide every homeowner of the gated residence with a pre-installed 3Node, a dedicated server that provides the edge computing and internet storage needed to run decentralized applications and internet services. The initiative will provide residents, businesses, developers and the government with a secure and highly available sovereign cloud infrastructure to store and process their data locally.

“Paradise Hills is set to become the region’s center for true decentralization and the future of tomorrow’s Internet, essentially setting the standard for real estate developments and homeownership globally,” CEO Shaher Mousli of Paradise Hills Development said about the partnership.

“This historic collaboration is the first pilot in a series of initiatives by ThreeFold to help expand the digital landscape of the United Arab Emirates (UAE),” says Adnan Fatayerji, co-founder of ThreeFold. “It will support the development of edge computing, smart cities and IoT, showcasing the power of the private sector to build and drive digital empowerment initiatives in support of the Digital Dubai vision set by the Emirates leadership.”

Over the last decade, “data sovereignty” became a key topic globally, with many countries insisting that any data produced locally should be stored on Internet infrastructures within their borders. By bringing ThreeFold’s decentralized Internet infrastructure to real estate properties such as Paradise Hills, the UAE will be home to the first-of-its-kind, self-sovereign, smart city development in the world.

“Through simple, secure, and scalable technology, ThreeFold empowers millions to invent and explore new experiences,” added ThreeFold co-founder Kristof de Spiegeleer. “We want to empower local businesses, creators, and communities to build a more sustainable and inclusive future.”

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About Paradise Hills - https://paradisehills.ae/

Located in Dubai Golf City near Tilal Al Ghaf, Damac Lagoons and Damac Hills, Paradise Hills is a gated community featuring 170 villas and townhouses set amongst a verdant, tropical landscape that aims to offer residents a relaxing and soothing environment. A series of naturalistic streams and lakes will weave in and around the lush landscape, providing ever-present reflection and the soothing sound of moving water.

About ThreeFold - https://threefold.io/

ThreeFold is decentralizing the Internet by tapping into the combined processing power of over 2 billion computers worldwide, including servers, desktops, and laptops, to create an open source, peer-to-peer, carbon negative Internet for the deployment of any current and future technology. By applying blockchain technology to the Cloud, ThreeFold solves the security and autonomy issues of the Internet while also allowing the infrastructure to scale to anywhere electricity and network exist, using less energy and at a more affordable cost than any comparable alternative.

Contacts:

S. Neil Vineberg
ThreeFold
+1631-377-1494

Suhaib Shaikh
Paradise Hills
+971 50 485 4014

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/115780



Source: Newsfile Corp.



Release ID: 189924

Original Source of the original story >> Paradise Hills Property Development and ThreeFold to Establish the World’s First Neighborhood Cloud in Dubai, UAE


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