ActiveAether uses idle computer processing power to create a global, decentralized network of computing resources. It is a product of AetherWorks, a software research and development firm. And now, AetherWorks has announced the launch of FogCoin, the newest cryptocurrency to pursue an SEC-compliant Token Sale.
Rob MacInnis, CEO of AetherWorks, joins Cheddar to explain how FogCoin will power its cloud computing network.
MacInnis addresses concerns over the legitimacy of cryptocurrencies, and gives his pitch for why viewers should invest in FogCoin.