1.3 The Necessity of Constructing a Cloud Computing + Blockchain Network

In light of the current challenges with AIGC computing power, where numerous projects are hindered by inadequate computational resources leading to sluggish industry progress, PemChain has taken the initiative to integrate on-chain resources to build a cloud computing platform. Providers of computational power can contribute their resources and earn rewards, while those in need of computational power can pay to utilize the platform's resources for complex computational tasks such as training big data models, video rendering, and batch inference.

Cloud computing on PemChain will encompass a broad spectrum of applications, including but not limited to distributed storage, shared computing resource pools, and virtual machine deployment. Users can lease computing resources on the public chain via smart contracts, enabling efficient cloud computing services. Concurrently, the application of cloud computing will introduce further innovation and development opportunities for the public chain ecosystem.