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Blockchain company Bitfury re-assigns computing power to COVID-19 research

Image by Bitfury from Medium

Sat, 04 Apr 2020, 07:26 am UTC

Bitfury is the latest blockchain company to join the research for coronavirus.

Bitfury announced on its blog that it has made its part to support the research to end COVID-19. It has re-assigned computing power from its digital currency transaction processing operations to Washington University “Folding at Home” project to help fight the novel coronavirus.

Folding at home is a distributed computing project which asks users to donate computing power in service of disease research. Bitfury’s collection of high-powered GPU-enabled computing nodes have been running COVID-19 calculations since March 20.

The nodes have already completed over 1,300 calculations for the Folding at Home project to analyze the novel coronavirus and the firm plans to scale-up its contribution significantly over time. The results are publicly available, so organizations working on a COVID-19 vaccine or treatment can use it without cost.

“At our core, our company mission is to do good,” said Valery Vavilov, CEO of Bitfury. “Our contribution of highly efficient computing power pales next to the selflessness and sacrifice of our medical caregivers and essential staff on the front lines of this virus, but I am confident that this project from Folding at Home, alongside the work of many researchers and doctors, will significantly advance our understanding and treatment of this disease.”

Meanwhile, Decentralized AI Alliance (DAIA) develops and launches an open-source code using AI and blockchain to combat the pandemic. DAIA partners with decentralized platform SingularityNET and decentralized data exchange protocol Ocean Protocol to launch CoVIDathon, an online Hackathon to help the people in dealing with COVID-19 and other related issues.

“One of the few positive things about crisis situations is the potential they have to bring people together. This is the spirit in the teams at DAIA, Ocean Protocol and SingularityNET, who have decided to divert some energy from our usual pursuits to launch the CoVIDathon,” DAIA said.

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