The Distributed Exchange - Computing Capacity Trading Pl...
The Distributed Exchange - Computing Capacity Trading Platform
Idea Description
Distributed Exchange is a customized on demand computing solution that allows companies to buy and sell excess computing power similar to that of a commodities market.
Distributed Exchange uses a commodity-based approach to manage computational resources for consumers in a peer-to-peer computing grid. It allows buyers and sellers access to an electronic trading environment where users bid for unused compute cycles. Consumers can bid on computing power while Computing Capacity providers offer cost-effective computational capacity on demand, thus creating a competitive computing marketplace.
http://distributedexchange.com/
What will you do if you win $10,000 for this idea?
Create a prototype platform based on combining existing technology such as Enomalism Platform, Amazon Ec2 and others.
Key features
* Familiar Banking Operations: Distributed Exchange supports familiar operations such as deposits, withdrawals, balance feedback, transfers and refunds.
* Credit and Debit Accounts: Accounts feature an optional credit limit allowing support for both debit and credit models. This feature can also be used to enable overdraft protection for specific accounts.
Vote for it now.



Q1: 10,000 is about the bare minimum required, how do we take it further?
How do we handle security?
How do we make sure the system is not taken advantage of?
How do we cover the trading costs?
http://www.worldcommunitygrid.org/