An Uber for decentralised cloud services

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Spotted: MIT spinoff Conduit is hoping to make systems like Amazon Web Services obsolete with a decentralised cloud computing model called collective computing. Here is how it works: on average, most computers use only around three-eighths of their computing capacity at any given time. To take advantage of this, Conduit is building a new type of computer network. This network can harness unused or excess computing power from anywhere in the world and supply the surplus to companies or research institutions that need it. The company's system has been described as “an Airbnb for computers,” and will pay for the…

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