Canadian tech company Ubique Networks Inc. has signed an agreement with Sri Lanka Telecom (SLT) to establish a blockchain-based eSports platform. The agreement was signed on November 14 at the official home of the Canadian High Commission to Sri Lanka.
The SLT eSports Platform is going to probably be powered by Ubique Networks’ Swarmio platform, a decentralized competitive gaming platform that permits eSports fans to play and arrange competitions on latency optimized game servers. Swarmio is your very first third party DApp built on the organization’s Q Network. It currently services over 25,000 eSports players across multiple geographies.
Vijai Karthigesu, CEO of Ubique Networks, stated the SLT eSports Platform”will allow Sri Lankan gamers to increase their profiles to international levels.”
“SLT is utilizing the Swarmio eSports platform along with the Q system to deliver a powerful solution to this millennials from Sri Lanka,” he informed CoinJournal. He added that SLT has also started, in parallel, a project to build a 5G mobile Internet-of-Things (IoT) DApp to get Smart Cities with the Q Network.
The Q Network is a distributed computing system specially made for interactive, real-time applications that uses unique, proprietary media, latency optimization technologies and artificial intelligence (AI) to dynamically route data traffic to the point of need in real-time.
The core DApp on Q Network is Q Node, which permits anyone using a typical pc to rent their surplus computing resources, transforming their apparatus into micro datacenters that can act as hosts for game servers, IoT servers or video/voice conferencing servers.
When a user wishes to run an application, Q Network’s”smart routing” technology chooses the optimal micro datacenter, if that is a PC, a tablet or a laptop, to run the application on-demand, dependent on where the user is located and what application is being run.
“Our vision is to construct a more hyper-connected compute network where user-generated personal devices are easily on-boarded and linked with one another, providing the next generation of interactive and immersive software,” Karthigesu said. “We feel that future improvements across all fronts will be powered with a decentralized world, possessed, shared and run by the worldwide community.”
It was developed over a three-year period with US$7 million in total funding from the Canadian authorities and venture capital (VC) companies. The business is planning an initial coin offering (ICOs) to decentralize its technologies and tokenize the business model.
“We’re now moving both the Q network along with the Swarmio application to blockchain and decentralizing the tech and tokenizing the business version,” Karthigesu explained.
Ubique is on a worldwide growth strategy, with Sri Lanka being the primary nation it is focusing on in Asia. Karthigesu stated the business is already in discussion with big Asian telecom companies in Singapore, Malaysia, Philippines, India and Thailand, in addition to IoT businesses, and eSports partners, to expand the utility of the Q Network.