OneThing Cloud presented at CES 2018
Onething Technologies, a subsidiary of Xunlei, brought its OneThing Cloud, an innovative model integrating "crowd sourced computing + blockchain", to the Consumer Electronics Show 2018, which was kicked off on January 9 in Las Vegas. OneThing Cloud is a smart device that can collect idle computing resources including bandwidth and storage from users who will in turn be rewarded with a form of digital asset called LinkToken. Users can also enjoy other conveniences such as multimedia storage and streaming, file management and remote control. This innovative model may help resolve the conflict between demand for high computing resources and high costs, and deliver a high-quality yet cost-effective cloud computing service. One of the essential elements of OneThing Cloud is its unique blockchain innovation which is utilized to counter the drawback of trust crisis often looming over sharing economy. Xunlei's blockchain technology is designed to guarantee open, transparent and tamper-resistant use of crowd sourced computing resources. And the LinkToken is the reward that users can earn by sharing their idle resources and can use it to redeem other services from Xunlei.