Symbioses and Diginex Deploy Decentralized Supercomputing Network

HONG KONG — Diginex, a global provider of blockchain solutions, has signed a Memorandum of Understanding with Symbioses SA, a decentralized cloud computing company based in Switzerland. Diginex will provide up to 2,500 nodes (20,000 GPUs) at its European data center for optimized crypto-currency mining and verify the technical basis for the deployment of high-performance computing applications, taking full advantage of modern GPUs using unique optimization techniques.

data center summitAccording to the joint press release issued by the two parties, Symbioses’ ability to deploy more complex HPC jobs provides the potential to improve current mining profit exponentially. Diginex and Symbioses will work together to test and verify the technical basis for the deployment of scientific simulations, tensor-flow deployment and rendering. Working with Symbioses will enable Diginex to optimize between cryptocurrency mining and HPC in an automated fashion to capture this growing market demand.

“We believe in fostering the development of platforms that address the incoming wave of supercomputing demand. We are excited to partner with the Symbioses team, who have spent the last four years developing an automated and client-centric application aimed at lowering the entry point barriers of this technology,” said Mr. Richard Byworth, Chief Executive Officer at Diginex.

“We are delighted to announce this partnership with Diginex, a company that has both the technical know-how but also values the highest levels of client service. This comes at an opportune time, as the demand for reliable and user-friendly solutions is set to increase exponentially, and Symbioses is ready to deliver,” added Chief Executive Officer and Founder of Symbioses, Mr. Lucas Figueroa.

About Diginex: Diginex develops and implements blockchain technologies to transform businesses and enrich society. At the core of Diginex is our people. We are a blend of financial service professionals, passionate blockchain technologists and experienced project managers. We work with corporates, institutions & governments to create solutions that build trust and increase efficiency.

About Symbioses: Symbioses seeks to create the largest peer-to-peer network to monetize computing resources throughout the world, connecting non-interoperable networks utilizing its own off-chain protocol, and overcoming current scalability issues of blockchains to directly challenge the entrenched oligopoly dominating cloud computing.