  Grids aim at exploiting synergies that result from cooperation of autonomous
distributed entities. The synergies that result from grid cooperation include
the sharing, exchange, selection, and aggregation of geographically distributed
resources such as computers, data bases, software, and scientific instruments
for solving large-scale problems in science, engineering, and commerce. For
this cooperation to be sustainable, participants need to have economic
incentive. Therefore, "incentive" mechanisms should be considered as one of key
design parameters of Grid architectures. In this article, we present an
overview and status of an open source Grid toolkit, called Gridbus, whose
architecture is fundamentally driven by the requirements of Grid economy.
Gridbus technologies provide services for both computational and data grids
that power the emerging eScience and eBusiness applications.
