Carbon Sciences, Inc. (OTCMKTS:CABN) focused on formulating innovative technologies based on graphene, reported that it intends to develop graphene-based equipments for cloud computing. Graphene-supported fiber optics components, like photo detectors, optical switches and fiber lasers are anticipated to unclog the existing problems and allow ultrafast communication in Cloud Computing data centers.
The management speaks
Bill Beifuss, the CEO of Carbon Sciences, said that they have learned a great deal in last year while looking for measures to produce low cost graphene. Now, the company is shifting their focus to large market opportunities so as to use what they have learned. There are many graphene applications that are limited and still years away from posting commercial success. It is not the same case with Cloud computing. In next four years, mobile network traffic is expected to increase tenfold, establishing one of the most noteworthy market opportunities across the globe.
Cloud computing enables application software and services to be offered from server farms in data centers by using Internet. In fact, almost every web service used today like Netflix and Google are all offered from the Cloud. The number of people using Cloud services is increasing and therefore, there is increased demand for more data centers to store, transmit and process the data.
The future ahead
Mr. Beifuss further added that the size of existing and future data centers testing the fundamental speed limits of prevailing fiber optics technology. The speed between servers is affected by these fundamental limitations. By using the natural innovative electrical and optical properties of graphene, Carbon Sciences, Inc. (OTCMKTS:CABN) intends to develop next-gen fiber optics components that are cost-effective and ultrafast.
In last trading session, the stock price of Carbon Sciences declined more than 14% to close the trading session at $0.00120. The decline came at a share volume of 48.37 million compared to average share volume of 21.72 million.