The advent of computing has brought great revolutionary changes to virtually every industry in which computers are used. However, despite the usefulness of this device based on the unlimited number of things it can be used for, especially in the cloud computing industry, this particular industry still faces some fundamental challenges, even though there are great technological progress. .Say no to plagiarism. Get a tailor-made essay on “Why violent video games should not be banned”? Get an original essay In this publication, a platform capable of changing the cloud computing industry, its benefits for businesses, its impacts on the industry of AI and Big Data and how As an individual you can benefit from sharing your computing power and storage will be discussed appropriately and articulated in a very simple language for better understanding. Current Challenges in Cloud Computing Industry Lack of resources/expertise is one of the major problems in cloud computing. Industries are currently faced with the fact that many are placing more and more workloads in the cloud as cloud technology continues to grow rapidly. However, there are not enough resources/expertise to monitor the level of progress. Although having more manpower could have been a solution to this problem, in the case of SMBs, they may find that adding cloud specialists to their IT teams proves extremely costly . Data breaches are what some organizations are calling out regarding the use of cloud technology. There have been cases where sensitive information has fallen into the hands of malicious hackers who can manipulate, delete or otherwise exploit the data. Encryption could be a solution to this problem (in terms of protecting vital information), but if the encryption key is lost, the data disappears. Others include; compromised credentials and broken authentication, hacked interfaces and APIs, account hijacking, etc. Security has indeed been a major concern since the inception of cloud computing technology, making it very difficult to trust sensitive and proprietary data to a third party. Good IT governance should ensure adequate control and a high level of maintenance of IT assets and their implementation in accordance with agreed policies and procedures and ensure that they support an organization's business strategy and objectives. However, IT does not always have full control over infrastructure provisioning, deprovisioning, and operations, which has led to challenges for IT in providing the required governance, compliance, and risk management . dependent on service providers, who often provide them with innovative technologies to which they would not otherwise have access. Servers maintained by cloud computing companies can fall victim to internal bugs, power outages, and natural disasters that can bring down the entire system. However, as always said, no matter how big the problem is, there is always a solution available. once the problem has been carefully considered. Imagine a world with a global computing grid, more powerful than a super computer; Imagine a world where anyone can benefit by joining a massive processing and storage platform; Imagine a world where data is completely secure and data breaches no longer pose a threat; Imagine a world whereartificial intelligence becomes accessible to everyone and produces powerful information. IAGON is an Open Source platform where the storage capabilities and processing power of multiple computers can be used effectively and efficiently on a decentralized Blockchain grid, enabling the storage of large/small data files and repositories. It supports the execution of complex IT processes such as those involved in artificial intelligence and machine learning operations within a platform that integrates blockchain, cryptography, and AI technologies with a maximum level of security and encryption. The main goal of IAGON is to provide a decentralized storage and processing grid that would trigger a revolutionary change in the cloud and web services market. However, a supercomputer and data center can be created by IAGON through the integration of unused storage capacities into servers, personal computers and their processing power that can rival any of today's cloud giants computing. IAGON also aims to equip or provide businesses and individuals with storage and processing services at a relatively cheaper price and an improved level of security through the connection of data centers, business and personal computers , and at the same time using their free storage capacities, their CPU and GPU processors during periods of inactivity, which helps them to overcome the barriers to entry imposed by the high level of investments required to be competitive on such a market. Additionally, IAGON will integrate the use of tokens into its ecosystem that focuses on computer, server and data center owners joining storage and processing power grids, which will serve as a way to reward them for the sharing the capabilities of their machine. Interestingly, this token known as the IAGON token can be exchanged for fiat currency, and any party interested in using its capabilities will need to purchase IAGON tokens to distribute to parties that provide their services to the network. Benefits gained by businesses from access to unused computing power and storage at reduced cost It is no longer news that cloud computing is bringing or has brought a new dawn to the IT industry, to the business landscape intelligence and virtually everything it touches. Businesses, large and small, are beginning to realize its benefits. For early-stage, small and medium-sized businesses that cannot afford expensive server maintenance but need to scale overnight, the benefits are of great value. These benefits include the ability to use a native software application or browser that allows users to transfer their files and settings to other devices in a completely smooth and uninterrupted manner. Additionally, it offers cost-saving potential for large companies. Before the viability of the cloud, the requirements for businesses to purchase, build, and maintain information management technologies and infrastructure were costly. Currently, instead of investing huge amounts of money in server centers and global IT services that require constant upgrades, a business can easily do so at a reduced cost and with greater efficiency. Availability of the service at a reduced cost allows users to easily check their emails on any computer and also allows them to store files using services.