Hive files innovative patents for secure and cost-efficient cloud computing

Our two patent applications detail innovations designed to help companies unlock latent computing power within existing devices, lower costs, and enhance their security

As AI, IoT, and quantum computing become more integrated into our lives, the need for computational and data processing resources keeps growing. Hive's recent patent submissions will redefine what was possible in cloud computing, offering startup founders, fintech firms, and innovators an alternative that speaks directly to their core needs: scalability, security, and cost-efficiency.

We presented these patents to the Swiss Federal Institute of Intellectual Property, innovations that will allow companies to use the latent computing power in their devices in a more sustainable and cost-effective way to traditional, centralized cloud solutions. 

The first patent introduces an advanced method for peer-to-peer file system encryption, optimized for storage needs and costs. The second patent establishes a secure, decentralized peer-to-peer messaging system that ensures message integrity — vital in today’s data-driven world.

We harness the power of community for scalable solutions

Hive is tapping into the unused computing power of millions of mobile devices and computers to foster a community-driven revolution. We are committed to building a more connected, secure, and sustainable digital future, and this approach is a necessary step towards meeting the complex challenges of modern-day computing needs, particularly in AI, IoT, and blockchain technologies.

The World Economic Forum predicts that by 2025, daily data generation will reach 463 exabytes (1 exabyte = 1 billion gigabytes). The AI market is expected to reach USD 190.61 billion by the same year, propelled by increasing data processing needs. This data explosion demands a new kind of cloud computing solution. HiveNet, Hive’s cloud infrastructure, weaves together unused computing resources through distributed computing technologies, creating the right type of cloud that is inherently sustainable, sovereign, affordable, secure, and private.

Hive's pending patents promise to reduce storage expenses and optimize computing loads. This means enhanced scalability and efficiency in data management, a critical advantage in today’s fast-paced digital world. Also, Hive’s dedication to maintaining security and privacy makes it an ideal choice for industries with stringent regulatory demands.

Explore hiveDisk and hiveCompute today and discover a world of unlimited cloud services.