A warning : This article is provided to you by the company Cold Stack… Crypto investments are inherently risky, do your own research and invest only within your financial capabilities. This article is not an investment incentive.…
Cloud storage, the culmination of the all-digital age
Anyone who owns a computer cannot deny the importance of data resilience and security.
Promise never to worry about disappearance of data caused by deterioration of physical hard drives, and the ability to keep your data calm simply too tempting…
We can already see that the change in mentality is happening gradually, users who used to be very attached to the physical are now replaced most are in favor of dematerializing data…
And we can imagine that in a few years the height of the digital age will be achieved. Physical storage, which is already gradually giving way, will completely disappear in favor of cloud storage.
The need to propose new solutions
Subject decentralization of data is also critical for businesses that handle phenomenal volumes of sensitive data every day.
Fortunately, the situation has improved with the emergence of new solutions for decentralized storage in the spirit of Filecoin… A type of solution that retains all the benefits of digital technology while providing a level of security that only a decentralized approach can provide.
However, not everything in this world is perfect. With the advent of a new abundance of blockchain-based cloud storage platforms, new challenges are emerging.
For companies like the average user, use interfaces are often unavailable and not always comfort-oriented and the ease of use can be overwhelming. There are a lot of platforms that need to be tamed in order to determine the most suitable one, especially outside the cryptocurrency. indigestible and intimidating.
Is it there that Cold Stack intervenes. With a platform project providing decentralized storage capacity compete with centralized companies as Amazon or Google.
Uber decentralized clouds
The name of the project is related to its specifics: cold storage store data in the long term, identifying the best decentralized platform in terms of cost to the user.
Cold Stack started with great success, becoming the first project in May to present IDO (Initial Dex Offering) at Superstarter, the new Launchpad, open Super farm…
In the imagination of home graduates Prometheus Laboratories, the incubator used to create it, Cold Stack already have good cards in hand, benefiting from many years of experience its founders in the field of data management.
In theory, Cold Stack works like single access point, an aggregator that allows you to leverage the power of many decentralized storage platforms.
The concept is simple, AI depends on several parameters to determine the best storage choice for the user. The neural network analyzes several variables such as size, file type, latency, and AI brings all this information together to evaluate the storage platform that will offer the best value for the user among those compatible with Cold Stack
For an optimal experience, a project can count on support for multiple partnerships with decentralized storage platforms such as Filecoin, Areware, Storj and SIA.
Thus, the team can boast that pioneer in their fieldbeing the first to introduce on the market functional decentralized cloud aggregator AI-based… And whether it be in the status of the project shaping the future, or in its very concept, a parallel with Uber not stolen!
IN Uber decentralized clouds are expected for end of 2021, a launch that will take place primarily on the Binance Smart Chain (BSC).
Rapidly developing market
The cloud storage industry is growing. full boom, The growing need for ubiquitous and affordable access to data has led to a dramatic growth in the cloud storage market.…
The total available market is already over $ 50.1 billion in 2020… It is projected to reach $ 137.3 billion by 2025. great opportunity for a decentralized warehouse company that knows how to get it!
Cold Stack precisely intends to use this window and this favorable context to propose a solution. The company has already made its predictions and thus intends to capture 2% of the cloud services market in 2021 and to attain 10% of the cloud services market in 2025.
Cold Stack has all the keys in hand to achieve its goal of democratizing decentralized clouds in the blockchain space with a single entry point with the promise of simplicity, global availability and low cost of use. Thus, the predecessors of the project had the opportunity to become the new central pillar of the future of decentralized data systems.
