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The Canadian technology company Ubique Networks Inc. has signed an agreement with Sri Lanka Telecom (SLT) to launch a blockchain-based eSports platform. The agreement was signed on November 14th in the official residence of the Canadian High Commission in Sri Lanka.
The SLT eSports platform will be supported by the Swarmio platform of Ubique Networks, a decentralized competitive gaming platform that allows eSports fans to play and organize games on game servers with optimized latency. Swarmio is the first third-party DApp built on the company's Q-network. It currently provides services to over 25,000 eSports players across multiple geographical areas.
Vijai Karthigesu, CEO of Ubique Networks, said the SLS eSports platform "will allow Sri Lankan players to raise their profiles to international levels".
"SLT is using the Swarmio eSports platform and the Q network to provide a powerful solution to millennials in Sri Lanka," he told CoinJournal. He added that SLT also started, in parallel, a project for the realization of a mobile Internet-of-Things (IoT) DAP for Smart Cities through the Q network.
The Q network is a distributed computing network specifically designed for real-time interactive applications that uses proprietary and unique latency and AI (proprietary) optimization technologies to dynamically address data traffic to the point of need in real time.
The DApp core on Q Network is Q Node, which allows anyone with a standard computer to hire their excess computing resources, turning their devices into micro data centers that can act as hosts for game servers, servers IoT or videoconference server.
When a user wants to run an application, the "intelligent routing" technology of Q Network selects the optimal micro datacenter, whether it is a PC, a tablet or a laptop, to run the application on demand, in based on where the user is located and the application is running.
"Our vision is to build a hyper-connected computing network in which the personal devices generated by the user are easily integrated and linked together, offering the next generation of interactive and engaging applications," said Karthigesu. "We believe that future progress on all fronts will be based on a decentralized world, owned, shared and managed by the global community".
Q Network, a project launched in 2015, is the culmination of a career of more than 20 years that is building the backbone of Canada's telecommunications infrastructure, Karthigesu said. It was developed over a period of three years with 7 million US dollars of total investments by the Canadian government and venture capital companies (VCs). The company is planning a first coin offer (ICO) to decentralize its technology and make the business model more appropriate.
"We are now moving both the Q network and the Swarmio application to block and decentralize technology and make the business model more tokenize," Karthigesu said.
Ubique is on a strategy of global expansion, with Sri Lanka being the first country on which it is focusing in Asia. Karthigesu said the company is already under discussion with large Asian telecommunications companies in Singapore, Malaysia, the Philippines, India and Thailand, as well as with IoT and eSports partners, to expand the Q network.
