Max Rye on DeepCloudAI’s decentralized cloud computing platform

0:00I'm Ashlyn Addison from event chain for investmentpitch media and FinTech news network and today on blockchain interviews we have max Wray the CEO of deep cloud AI max it's a pleasure to have you on the show today and thank you so much for taking the time to be here Thank You Ashton it's a pleasure to be on here as well you're very welcome let's kick it off

0:21with a discussion about deep cloud AI could you please start by giving us an overview of the company and what you're trying to achieve in the industry well we started this project a few years ago and what our what our goal really was by the way we come from the the cloud space prior to this from from a traditional tech background we do love digital transformation for large companies and

0:48we worked quite a few work quite a bit with a lot of other companies that are out there so we definitely saw massive potential in the decentralized environment we saw other competitors doing something similar to what we wanted to do so we work together with our team and I started building our own decentralized cloud and really that's that's how we we started off this with a

1:14lot of our team members mm-hmm interesting so you're providing a decentralized cloud mainly for decentralized applications is it now what what are the current problems in the industry that you guys are solving well currently it's very difficult because the other folks that are doing this interest that don't necessarily have have a product ready to use for

1:35end-users that they can actually in load install and start sharing their resources read it right out of the right out of the box that's something that we want to address that we have a great team so we were able to ramp that up with a Linux version that we rolled at first then we wrote that a Windows version that allows people to start using this right away and as of last

2:00year they can already start launching containerized gaps or decentralized applications and even start hosting their websites in a decentralized way hmm very interesting now are there a lot of other competitors that are doing this same thing and how large is this market for you guys is this apply to every business well you know the competition in decentralized

2:23environment is a bit different just because everybody's kind of trying to address a different area I know some guys are focused a lot more on the GPU side rent renting out GPU some guys are focused on compute and some people are in different stages we wanted to kind of take a focus on putting a product that's out that everybody can use from day one

2:52and that's actually a use for product right right away and by the way besides that we've already launched a few products that's pretty popular one is called deep transfer it's a file-sharing program one of the heaviest user uses in Mexico right now for the media companies actually hmm very interesting and how much time have you put into the development of deep cloud AI so far and

3:17is that your main product or are there more products that are coming out still well like I mentioned before what we were able to do is allow people to host containerize websites and deaf rather the the gate now what's really really cool is we were making a major announcement pretty soon we're working with some with the TLD which is a top-level domain and we are looking at

3:43we're looking at decentralized domain registry which is really huge and that will allow us to provide a product and to end decentralized so there's some really amazing things that we're doing there interesting and is that similar to the ENS like aetherium name service that we've seen where people can purchase aetherium domain names is that this is similar to that very similar to that

4:07this is a fully registered through I can so it's something that's a that everyone can use and we're also going to have a digital wallets that people can attach their their Theory mattresses to because we aren't going to be building this on the etherium network mm-hmm interesting and is there a business model that is Bill into deep cloud how are you gonna drive

4:30revenue sources and create a sustainable business from day one we're able to as especially as we're launching these products we already have a subscription basis so we have people already purchasing our products which is great and as we launch these decentralized domain registry as well as our other products which are deep cloud design choice products they all are that we

4:56have a free version and you have paid versions as well so they're getting plenty of usage already interesting and what is your what's the size of your current customer base right now and is it really focused in North America Asia or is it in any specific countries Latin America we have quite a bit of traction just because that's where we have a lot of our enterprise partners we have about

5:2018 enterprise partners in in Mexico and we also have a pretty big project that we're working closely with the government which is a which is a vehicle registration program that we'll be releasing some more announcements on that pretty soon but that's another great project we're doing that I'll be all about team based as well very interesting and with deep cloud have you

5:45integrated a cryptocurrency into the platform as well and if you have how does that work within the system sure absolutely we have our own deep token which is going to it which is ERC 20 it's used for payments it's used it's used for audit trails so we're using the blockchain for various things based off of which products that we have or that we're putting out there DocuSign which

6:12is a we're working a design called deep sign will have blockchain trails and so forth for that as you can imagine that we can integrate the blockchain aspect of it in in various different ways mm-hmm that's very interesting and you mentioned earlier that you guys are utilizing the ethereum blockchain but now is that something that's going to that's indefinite or are you planning on

6:39building your own blockchain or look a more scalable solution in the future we've been developing our own blockchain as well and we're in the middle of it it's called deep chain and that whether that'll take time to develop and mature however for us to work with enterprise partners on day one we need to be able to provide solutions and by the way I also want to mention it's not just

7:01aetherium but we're also working with hyper ledger as well so when we're working with enterprises we have to be able to provide consistent results something that said that they can rely on very interesting and what does the upcoming Road roadmap look like for your team are you guys strictly focused on development or marketing or a mixture we have actually we have a quite a few

7:25things that are coming up we're getting ready to launch some major marketing around some of the products that we're launching as well as some new offerings that will be they'll be coming out definitely stay tuned for over the next few months we have a lot of stuff coming mm-hmm interesting and what would you say are the biggest challenges moving forward that may lay ahead as you

7:49continue to try and grow the product the challenges really are continuing to see the adoption you know seeing how the adoption takes off what kind of partnerships can help with that how the industry continues to change and what big players come in and in bring this bring this adoption into play because I do believe it's happening fairly soon we also noticed a Facebook and some other

8:17Giants are getting and donut yeah it's an interesting time Facebook big banks they're all creating their own coins and trying to integrate the blockchain as well so we'll see how that works out now if there are are you guys looking for more people to join your team or more investors or just more end customers and how can those people learn more about D

8:36cloud sure they can go deep on a i.com we are looking for all of the above as a matter of fact but definitely we have great community that's that's with us and even our existing investors have been absolutely phenomenal and they've been helping with the growth with the advisement and how to really go to market mm-hmm amazing and is there any last words you'd like to give to the

9:02audience about deep cloud AI moving forward please stay tuned I think this is gonna be really really big what we're coming out with it's it's it's definitely definitely going to be change the landscape of how domains are sold and and are going to be decentralized so keep an eye on us we have a lot of stuff coming amazing I'll leave the links in the description box below to the deep

9:30cloud AI site and everything else and thank you so much for your time max it's been a pleasure speaking to you and all the best on your project moving forward Thank You Ashton I really appreciate it