A system and method for providing Personal Cloud computing and for hosting applications and/or content may employ a network attached storage device on which virtual machine monitors (T-cups) and logical devices (Ts) are instantiated in memory. Each T may include hosted content, application modules, a server module configured to host the modules and/or content, and an interface module configured to provide access to the modules and/or content in response to detecting an authorized key. Detecting an authorized key may include communicating with a name server to determine if a T instantiated on a storage device coupled to the system is associated with a device identifier on a list of device identifiers authorized to access the module(s). The storage device may be a computer, camera, frame, phone, audio/video player, or portable storage device. The name server may be configured to authenticate Ts, define T ownership, and/or establish friend-to-friend networks between Ts.