Dubai, UAE, Nov. 11, 2018 (GLOBE NEWSWIRE) -- At the 7th Ritossa Global Family Office Investment Summit, OptDyn™ Inc. and aSAY Group, a subsidiary of EOH Holdings Limited (JSE:EOH), announced today their strategic partnership to launch the Subutai™ Blockchain Router in the Middle East and North Africa.
The Subutai Blockchain Router earns end users passive income through multiple income streams. It is a power-efficient, "green" broadband Cloud router and Internet-of-Things (IoT) "Swiss Army Knife" gateway that is available in two versions:
Industrial Edition —used in mission-critical Industrial IoT, Industry 4.0, and smart city applications across wide temperature ranges and harsh operating conditions; and
Residential Edition —serves as a secure, plug-and-play IoT connector for home automation, as well as a cryptocurrency wallet, and a cryptocurrency mining device.
"We are very happy to join forces with aSAY and EOH, who are recognized leaders in the MENA market," said Alex Karasulu, CEO of OptDyn. "Our collaboration will help improve the lives of hundreds of millions of users with the Subutai Blockchain Router, which is poised to decentralize and revolutionize the $4B+ cryptocurrency mining market."
The partnership will focus initially on production and distribution of the Residential Edition of the Subutai Blockchain Router in the MENA region. The Residential Edition of the Subutai Blockchain Router provides users a passive income of ~US$115/month (at current depressed rates) with no technical skills needed. Users simply need to plug in the Subutai Blockchain Router, attach up to four additional Subutai Mining Drives (optional), choose the preferred cryptocurrency to be mined, and begin generating passive income.
A subsidiary of EOH (Africa's largest technology service provider that offers consulting, technology, and outsourcing solutions in more than 50 countries), aSAY Group provides Industry 4.0 and smart city solutions that include smart energy, water, and IoT programs, as well as traffic management, data communication management, and smart grid technology applications. aSAY's service groups in Automation Technologies, Energy and Energy Control Systems, Value Added Distribution, and Information Technologies and Electronics augment EOH's public, private, and hybrid Cloud computing, software, and infrastructure services and e-government and utilities solutions, which are actively deployed in Argentina, Chile, Ghana, Jordan, Kenya, Kuwait, Mauritius, Namibia, South Africa, Tanzania, Turkey, Uganda, the United Arab Emirates, Zambia, and Zimbabwe, among other countries.
"We are pleased to partner with OptDyn to bring innovative technical solutions that are integral to the growth of the markets served across the greater EOH customer base," said Osman Koç, General Manager at aSAY Communication Services. "We're excited to realize the impact of the Subutai Blockchain Router, whose 'ethical cryptocurrency mining' is in alignment with our collective goals of being an ethical, relevant force for good and to play a positive role in our society, beyond normal business practice."
MENA-based production of the Residential Edition of the Subutai Blockchain Router will commence in the coming months, with anticipated delivery in Q2 2019. Pre-sales for the Router will initiate before then.
"Together with aSAY and EOH, we're committed to empowering commercial and individual users from the MENA region the opportunity to unlock the power of Subutai," added Karasulu. "We look forward to welcoming new customers to the Subutai Community to experience how we've redefined Cloud Computing, IoT, and cryptocurrency mining to be dynamic, secure, and financially-rewarding again for the masses."
Subutai Platform and Availability
Subutai™ originated as a multi-million dollar advanced defense research project to create a new Peer-to-Peer (P2P) Cloud Computing platform that intelligently reconfigures itself dynamically and securely across global resources. Today Subutai disrupts, democratizes, and commoditizes Cloud and Internet of Things (IoT) services through the following products:
➔ Subutai™ Blockchain Router v2.0 — power-efficient (18-60w) "green" advanced broadband Cloud router and open hardware IoT "Swiss Army Knife" gateway. Learn more at https://subutai.io/router.html
- Residential Edition — serves as a secure IoT connector, as well as a plug-and-play cryptocurrency wallet and mining device at a hashrate of 232 MH/s. Mines multiple cryptocurrencies with no technical skills needed; advanced configuration is expandable to increase mining yields four-fold (providing ~US$115/mo. passive income at current depressed rates) by attaching up to 4 additional Subutai Mining Drives (sold separately). Ethical mining for the masses. Available Q2 2019.
- Industrial Edition — used in mission-critical Industrial IoT/Industry 4.0 applications, with higher grade temperature-resistant chips, and advanced security via self-adaptive, real-time intrusion detection/prevention systems. Currently in production in South America and being tested at the world's largest producer of renewable energy, among other IIoT and smart city programs.
➔ Subutai™ PeerOS v8.0 — Open Source, container-based P2P Cloud and IoT software and firmware that allows users to easily create Virtual Private Clouds. Mature v8.0, stable; commercialized for mass consumption over a compute resource and device commodity exchange on the blockchain. Download at https://subutai.io/getting-started.html
➔ Subutai™ Bazaar v7.0 — a global reputation-based marketplace to buy/sell/exchange idle computing resources and cloud applications: "the Airbnb of computing resources". Contains software products such as the popular Subutai Blockchain-in-a-Box and IoT Sandbox blueprints. Mature v7.0, stable; used daily by 850+ commercial and individual users in 85 countries. Get started today at https://bazaar.subutai.io
➔ Subutai™ Blueprints — reduce system administration overheads and simplify the process of distributed application development. Subutai’s free blueprints provide an all-inclusive developer environment for specifying general instructions to automate P2P distributed application (dApp) management tasks (installing, updating, maintaining, etc.). Popular Subutai blueprints include: Blockchain-in-a-Box (write Smart Contracts in minutes without having to deal with obtaining testnet Ether, the cryptocurrency fueling the Ethereum network); IoT Sandbox (easily store and visualize IoT data on the edge); Nextcloud (access and manage your files with free, flexible, secure cloud storage); GitLab (deploy and manage GitLab repositories on peer-to-peer clouds); and Minecraft (play Minecraft on your own global private network game server). Available from the Subutai Bazaar https://bazaar.subutai.io
➔ KHAN™ — an Ethereum Blockchain-based reserve currency token that is the default and ubiquitous currency and staking token of the Subutai platform (SEC-complaint code built into the KHAN contract). Key part of dual token structure: GoodWill (Subutai Sidechain smart token for low latency transactions, used to buy/sell Subutai Bazaar resources and products); and KHAN (cryptocurrency used on the Subutai Bazaar for provider and consumer reputation "staking" via SLA escrows). Launching early 2019.
About Subutai™
Subutai, the world's first intelligent Peer-to-Peer Cloud computing platform, opens the $760+B Cloud and Internet-of-Things ecosystem through decentralized, self-adaptive, and cost efficient infrastructure that connects end users and devices more effectively along the continuum. Developed by Open Source trailblazers, Subutai disrupts and democratizes the Cloud, allowing users to easily participate in the crypto economy through energy-efficient, ethical cryptocurrency mining and frictionless commoditization of idle computing resources. Businesses using Subutai can instantly raise and operate a sharing economy for countless applications using KHAN™, its Ethereum blockchain reserve currency token. Subutai is being deployed across the $1.5T global telecommunications and $60B Web Hosting/ISP markets, among many other industries. Visit https://subutai.io/ and https://twitter.com/Subutai_KHAN for more information.
About aSAY Group
aSAY Group is a subsidiary of EOH Holdings Limited (JSE:EOH), the largest technology business in Africa, providing high-value, end-to-end solutions to more than 5,000 large enterprise customers across all major industries. aSAY Group continues the culture of being a niche player with the investments in Automation Technologies, Energy and Energy Control Systems along with Value Added Distribution sectors, after the success achieved in Information Technologies and Electronics since 1998. For more information, visit http://www.asaygroup.com .
About OptDyn, Inc.
Founded in 2013, OptDyn is the company behind Subutai™, the intelligent platform that brings Open Source Peer-to-Peer (P2P) Cloud computing, Internet of Things (IoT), and ethical cryptocurrency mining for everyone. Originally developed as a multi-million dollar defense project for a new P2P Cloud computing platform that could reconfigure itself dynamically and securely across the Internet., Subutai is proven, mature (software v8.0; hardware v2.0), solves real-world problems, and is ready to use today. OptDyn is based in the United States with distributed teams in Europe, Asia, and South America. For more information, visit https://optdyn.com/ and https://twitter.com/optdyn .
© OptDyn, 2018. "OptDyn", "Subutai", and "KHAN" are trademarks of OptDyn, Inc. "Subutai PeerOS", "Subutai Bazaar", "Subutai Blockchain Router", and "Subutai Blueprints" are branded products of OptDyn, Inc. All other company and product names may be trademarks of the respective companies with which they are associated.