Increasing desktop CPU power and communications bandwidth have lead to the discovery of a new computation environment which helped to make distributed computing a more practical idea. The advantages of this type of architecture for the right kinds of applications are impressive. The most obvious is the ability to provide access to supercomputer level processing power or better for a fraction of the cost of a typical supercomputer. For this reasons this technology can be termed as the “Poor mans Super Computer”. In this paper we discuss “How Distributed Computing Works”, The Application Characteristics that make it special from other networking technologies. When going for a new technology it’s a must for us to the competing technologies and compare it with the new trends. We also discuss the areas where this computational technology can be applied. We also discuss the level of security and the standards behind this Technology
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