• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Upcoming Events
    • HODL, Dubai (October 30-31, 2025)
    • Blockchain Futurist Conference, Florida (November 5-6, 2025)
    • Fintech Revolution Summit, Saudi Arabia (November 3, 2025)
    • Finnovex Middle East, Dubai (November 11-12, 2025)
    • Mining Disrupt, Dallas (November 11-13, 2025)
    • WFIS, Indonesia (November 25-26, 2025)
    • TRUSTECH , Paris (December 2-4, 2025)
    • Digital Assets Forum, London (February 5-6, 2026)
  • Past Events
    • Blockchain Life
    • BlockShow Europe
    • Event Horizon

Crypto Reporter

Online magazine about cryptocurrencies, NFTs, DeFi, GameFi and other blockchain technologies

Join us on Telegram: https://t.me/crypto_reporter
  • News
    • News Feed
    • Cryptocurrencies
      • Bitcoin
      • Altcoins
    • Payment solutions
    • Exchanges
      • Binance
      • bitFlyer
      • Bitfinex
      • CBOE
      • CME
      • Coinbase
      • Coincheck
      • Coinfloor
      • Nasdaq
      • Poloniex
    • Regulations
      • Australia
      • Belarus
      • China
      • Europe
      • India
      • Iran
      • Israel
      • Japan
      • North Korea
      • Philippines
      • Portugal
      • Russia
      • South Korea
      • Thailand
      • Turkey
      • Venezuela
      • Vietnam
      • United States
    • Blockchain platforms
    • Crypto news in brief
    • Stats & trends
    • Reviews
      • Ambrosus
      • ATN
      • Dash
      • Green Power Exchange
      • Power Ledger
      • ShapeShift
      • Waltonchain
      • Cryptocurrency market capitalization can top 4 trillion USD, under conservative estimates
    • Opinion
    • Sponsored
  • Press Releases

SONM partners with Faceter, will announce first product release soon

November 9, 2017 By Crypto Reporter

SONM (Supercomputer Organized by Network Mining), a platform for decentralized computation, signed a partnership agreement with Faceter, provider of software for facial recognition and video stream analysis from security surveillance systems.

Companies will do research and development to run Faceter’s complicated deep-learning algorithms on SONM platform. R&D will eventually transform into a market-ready product, which will run on fog computing (decentralized computing) infrastructure. Faceter expects fog computing will help to reduce IT-infrastructure costs significantly, as the largest portion of expenses is spent on running resource-consuming algorithms.

SONM successfully raised over $42 million during ICO in June 2017. Active development stage has been on since then, and the company is ready to present its first major release in the upcoming months. It will contain the minimum viable product (MVP) and will be launched on the Ethereum test network. SONM platform can be used in scientific calculations, video rendering tasks, big data processing, etc.

Filed Under: News, Technology Tagged With: blockchain platform, company, Faceter, SNM, SONM, technology

Primary Sidebar

Follow Us

Press Releases

Why Ozak AI’s $0.012 Entry Could Give Investors a Shot at 25,000% Profits Within Two Years

October 18, 2025

This $0.027 Utility Token Could Be the Next Solana – Why Analysts Predict a 9800% Surge for Mandala Chain

October 18, 2025

Cardano Price Could Hit $8 In 2026, But One Penny Crypto Is Primed For 7700% Gains

October 18, 2025

AI & Crypto: Why AI Tokens Are The Biggest Opportunity In 2025

October 18, 2025

Best Crypto Price Predictions for Q4 2025: LivLive, XRP and Solana Poised for the Next Surge

October 18, 2025

HODL

Futurist Conference

TRUSTECH

Digital Asset Forum

Footer

Crypto Reporter is an online magazine about cryptocurrencies, NFTs, DeFi, GameFi and other blockchain technologies
About us
Contact us
Submit press-release

Search

2017-2025 Crypto Reporter