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Blockchain StartUp Swazm signs partnership with Maguay, one of the biggest server and storage suppliers in Europe


According to a statement sent to ACTMedia, Romanian Blcokchain company Swazm has signed a partnership with Maguay, one of the biggest server and storage suppliers in Europe. The objective of the partnership is to expand the Swazm blockchain network by using computational resources made available by Maguay.

The two companies have signed an agreement to implement a pilot project that benefits both parties: Swazm will have more computational resources available and Maguay will gain an alternative method to capitalize its existing but underutilized assets, from data centers owned by the Maguay group.

The objective of the partnership is to test the behaviour of the network in terms of efficiency of computing resource allocation using virtual machines, and to validate the financial potential of the business model proposed by the Swazm team.

"We are very happy to launch this partnership with Maguay, and we want to use this collaboration as a success model for other data centers who are interested in joining Swazm. Globally, between 40% and 60% of data centers are underutilized, and Swazm can help these companies use and monetize non-marketed resources, while reducing waste of electricity and compute power.", explained Vali Malinoiu, Swazm’s CEO.

“We see this collaboration as a natural extension of the areas where Maguay operates and innovates. SWAZM is an innovative solution in which we see a lot of potential, both from the perspective of using the solution within our own data centers, as well as integrating it into interesting projects.", said Eduard Pughin, General Manager, Maguay Computers.

About Swazm

SWAZM is the next-generation decentralized storage and compute platform, designed to enable horizontal scaling of distributed applications. SWAZM facilitates effective decentralization by creating a new complete infrastructure solution with a reliable transfer network, storage capabilities, and compute containers.

About Maguay

Maguay is one of the most important Romanian manufacturers of computer systems: notebooks, PCs, servers and storage under its own brand.

According to IDC, Maguay is the largest Romanian server manufacturer - being the only Romanian manufacturer of Top 5 Server vendors in the last 10 years and the only Romanian manufacturer with Intel HPC Specialist certification.

In 2018, Maguay completed the delivery of a 512-grid HPU grid system Maguay eXpertServer to CERN.

Maguay is also an important integrator of complex IT projects - capable of deploying and delivering turnkey hardware and software solutions with quality service and support.

The quality of Maguay's services and products is guaranteed by partnerships with the best integrators and technology vendors: Intel Platinum Partner Technology Partner, Fortinet Platinum Partner, Oracle Gold Partner, VMware Enterprise Partner, Microsoft Partner, Hitachi Global Storage Technology Partner, Veeam Partner , Nexenta, Symantec, Seagate.