NBA’s Houston Rockets Owner To Validate Blocks for the Akash Network By DailyCoin – Investing.com

SourceInvesting.com
SectorTechnology
CountryMiddle east

NBA’s Houston Rockets Owner To Validate Blocks for the Akash Network

Billionaire businessman Tilman Fertitta, sole owner of Fertitta Entertainment which owns the restaurant giant Landry’s, the Golden Nugget Casinos and Hotels and the NBA’s Houston Rockets, has taken his next step in pioneering the cryptocurrency space by choosing to begin validating transaction blocks for the Akash Network, the world’s first decentralized open-source cloud, leveraging underutilized cloud capacity in 8.4 million data centers to bring more cost effective cloud resources to consumers in a safe and frictionless marketplace.

“We are always looking to be innovative and ahead of everyone else,” said Fertitta. “The Akash Network is looking to build the future of cloud computing and is unique among many new blockchain companies as it has a functioning product that is meeting a real business need.”

Fertitta Entertainment has now gone beyond merely accepting and investing in cryptocurrencies, “We felt it was time to begin investigating mining or validating blocks as the next logical...read more...