Tether's Courage to Challenge the Dominance of Cloud Computing Giants with P2P Technology

Bittime - Tether CEO Paolo Ardoino lays out bold ambitions. He wants to use the same technology that revolutionized the music industry in the 1990s to challenge the dominance of Amazon Web Services (AWS), Microsoft Azure, and Google Cloud in the realm of cloud computing.

This step seems brave, considering the dark history of P2P (peer-to-peer) technology which is synonymous with piracy and is often associated with illegal practices.

However, Ardoino believes that P2P technology, combined with a touch of Web3 and end-to-end encryption, could be the key to breaking the mold in the cloud computing industry.

Pear Runtime: A New Platform for the P2P Era

To make his vision a reality, Paolo Ardoino launched an open-source software platform called Pear Runtime. This platform allows developers to build P2P applications easily and efficiently.

Ardoino believes that Pear Runtime can be a catalyst for the creation of a new generation of decentralized, scalable and cost-effective applications.

"We can prove that the entire client-server model - which for the last 20 years has been forced on developers - is basically a lie. This model completely ignores the fact that the internet was built on a peer-to-peer concept," said Paolo Ardoino.

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Keet Mobile: Real Proof of Pear Runtime's Capabilities

One of the first applications built on top of Pear Runtime was Keet Mobile. This text messaging communication application utilizes a P2P network and end-to-end encryption to provide a secure and decentralized communication experience.

Keet Mobile was launched in January 2023 and has shown great potential. Paolo Ardoino and his team are optimistic that Pear Runtime can give birth to more innovative applications in the future.

P2P: Dark Past, Bright Future?

P2P technology is synonymous with its dark past, where Napster and the like became symbols of music and film piracy. However, Ardoino is confident that P2P can bounce back with a new, more responsible and legal face.

"It's like you produce kitchen knives, are you responsible because someone stabs someone else with that knife?" said Paolo Ardoino responding to concerns about the potential misuse of P2P technology.

He emphasized that Pear Runtime and its applications were designed with security and responsibility in mind. Developers who build applications on this platform are required to comply with applicable regulations and laws.

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USDT/IDR Tether Price Today

Source: Bittime.com

On March 12, 2024, the price of Tether USDT/IDR was at IDR 15,891 per coin, down 0.48% in 24 hours.

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Challenges and Risks Awaiting Tether

Although Paolo Ardoino's ambition is commendable, his move to revolutionize the cloud computing industry with P2P is not without risks. First, P2P technology still has limitations in terms of performance and scalability compared to traditional servers. This could be a barrier to widespread adoption of Pear Runtime.

Second, concerns about data security and privacy in P2P networks are still not completely resolved. The potential misuse of this technology for illegal activities is also an important consideration.

Third, the cloud computing industry has been dominated by giants such as AWS, Azure, and Google Cloud with mature infrastructure and services. Shifting their dominance is not easy.

Conclusion

Ardoino's ambition to break the dominance of cloud computing giants with P2P through Pear Runtime is a bold step full of risks and challenges. Even though P2P technology has great potential, there are still many doubts and questions that need to be answered.

The future of Pear Runtime and Paolo Ardoino's ambitions depend on his ability to overcome the odds and convince developers and users of the superiority of P2P technology in this digital era.

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How to Buy Tether (USDT) on Bittime

You can buy and sell  Tether (USDT)  in an easy and safe way via  Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

Tether (USDT)  is available on Bittime with  the USDT/IDR market pair . To be able to buy  USDT/IDR  at Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. 

Learn the complete guide on how to buy Tether (USDT) on Bittime . 

Monitor price chart movements  of Tether (USDT) , Ethereum (ETH) ,  Solana (SOL)  and other cryptos to find out today's crypto market trends in real-time on Bittime. 

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DISCLAIMER: This article is informational in nature and is not an offer or solicitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.