• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Upcoming Events
    • PPP MENA Forum, UAE (September 10-11, 2025)
    • WFIS, Philippines (September 23-24, 2025)
    • Fintech Revolution Summit, Vietnam (September 24, 2025)
    • CoinFerenceX, Singapore (September 29-30, 2025)
    • ChainUp, Singapore (September 30, 2025)
    • TOKEN2049, Singapore (October 1-2, 2025)
    • Forex Expo Dubai (October 6-7, 2025)
    • Merge Madrid (October 7-9, 2025)
    • European Blockchain Convention, Barcelona (October 15-17, 2025)
    • HODL, Dubai (October 30-31, 2025)
    • Blockchain Futurist Conference, Florida (November 5-6, 2025)
    • Fintech Revolution Summit, Saudi Arabia (November 3, 2025)
    • Mining Disrupt, Dallas (November 11-13, 2025)
    • WFIS, Indonesia (November 25-26, 2025)
  • 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
Visit European Blockchain Convention, Barcelona on October 16-17, 2025
  • 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

ProDivia Group on BTC/USD: Bitcoin’s Break-and-Retest Fuels Bullish Momentum

August 27, 2025

ProDivia Group Review: A Ratings-First Breakdown of a Multi-Asset Trading Platform

August 27, 2025

ProDivia Group on IREN’s Milestone Year: An Exclusive Interview with a Broker

August 27, 2025

Dogecoin Price Forecast: DOGE to $1? Analysts Favor a 100x RWA Alternative

August 27, 2025

Flagship Integrates with Virtuals Protocol to Launch FYI Token on Base Chain

August 27, 2025

PPP MENA Forum

TOKEN2049

Forex Expo Dubai

Merge Madrid

HODL

Futurist Conference

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