Innovative
data storage systems Only for professionals Today, the number of
internet users reaches up to 3.8 billion people, which makes up nearly
50% of the world's population. Developing countries are responsible for the majority of users (about 2.5B). The number of users in the developed world equals about 1B. Starting
in 2016, the volume of the cloud storage market (PCS - Public Cloud
Storage) generates $ 26.4B and is expected to reach $ 99B by 2022. On
average, the market grows 24.8% annually. The smaller players that operate in the market include pCloud, BlackBlaze, FlipDrive, JustCloud, and more. There
are also newcomers - hosting providers that work on cloud storage
services together with software companies like Microsoft as well as
companies that design decentralized blockchain-based storage. This new market segment is now known as cooperative storage cloud. For further analysis it should be noted that depending on the type of storage users can aim at SMB or large companies. They are also classified as public, private or hybrid [3] by deployment mode (figure 3). In
the case of hybrid storage, one piece of data is stored on the server
hosting provider in the public cloud, and other parts - on the company's
private server that is leased for a long time. Such storage incorporates both public and private storage options so that clients can choose the privacy mode they need.
The market is now experiencing increasing demand both from individuals and businesses. The
latter (SMB in particular) uses a large cloud storage service to ensure
uninterrupted business processes, improve customer support and abandon
traditional IT infrastructure that requires substantial fees and
professional expertise. Large
businesses prefer personal and hybrid storage that adds to the
company's agility and flexibility while saving on infrastructure
maintenance. The
expected increase in demand in most industries (from manufacturing to
mass media) is associated with relatively low data storage and
processing costs. Only 6% of businesses survive for more than two years after the loss of valuable data. Over 65% of global businesses use cloud storage services to back up data. Strengthening
data security and anonymity will broaden the target of PCS audiences
due to manufacturing, finance and insurance, healthcare and retail
companies, which refers to national companies and municipal enterprises.
It is also worth mentioning that the demand for hybrid storage continues to increase. They are relatively affordable and flexible in contrast to expensive
private storage and unsafe public clouds with their regular data leak.
Currently
the PCS market is experiencing the following trends: Personal storage
share in both large enterprise and SME segments grows due to
inconsistencies and inconsistent quality of public storage; Cloud service functionality is more advanced. It consists of document editing, the opportunity to share secure files, teamwork, etc. - Decentralized blockchain-based storage is increasing in popularity. Despite
increasing market penetration, the demand for safe and reliable data
storage is still not being met (this refers to businesses and
individuals). So
far the market is dominated by major cloud storage vendors although the
volume of data stored by their clients can vary, traditional cloud
storage does not meet individual needs. The package price they offer means a fixed storage volume (eg 1 TB) and / or fixed period (eg 1 month).
The
absence of encryption by design and the possibility of third-party data
access still delays a lot of potential users (especially those coming
from corporate segments). Not surprising given the number of reports of data leakage, theft, and compromised accounts. In
addition, centralized data storage leaves room for data scanning that
is now commonplace because of the inner machine learning algorithm. The latter allows extracting data even from audio or video. This means that your valuable data may be stolen for commercial use or transferred to a third party. Access
is usually delayed for cold storage (long-term data retention that
implies disposable footage and rare readings) compared to other modes. With most hosting providers, transferring data from cold storage to regular mode with instant access costs money.
Market.space
is an upcoming block-based decentralization system that will handle
data storage, as well as direct transmission and distribution of digital
content. It strives to be an affordable and secure platform where professional hosting providers and customers can interact. Market.space
is based in the eastern European country of Estonia and will hold token
sales from March 26th to May 6th, 2018, in the hope of raising funds
with an eye toward launch during the third quarter of 2019. The Market
Room has addressed some problems with the current data storage system. For example, centralized storage services such as clouds are vulnerable to hacking and theft. There is also inconsistency in the cost of certain services. Meanwhile,
decentralized storage systems can help limit security issues, but the
data is not always easy to access if requested. In addition, consumer devices can be vulnerable to corruption.
Market
Space believes it has the potential to address this problem by
combining blockchain technology with professional hosting providers. Basically,
the Market Room functions as a host aggregator so that only owners and
recipients can access files in a safe, affordable, and reliable way. The Market.space website has outlined the following 8 steps: The Contractor makes an insurance deposit; Customers send storage requests with details such as file size and storage period; Some hosts respond with bids; The list of best deals is made; Customer may select one or more hosts and make payments; The host receives payment and sends the customer a URL to upload the file; The customer uploads the file, which is encrypted with a private key and sent to the server host selected by the customer; Whether customers or third-party customers provide access to files can download files using a key. Market.space can be potentially used to confirm a particular transaction or proof of ownership. It will also be useful when it comes to expediting patent defenses, intellectual property rights, and trademarks. Perhaps more universal, it can help the distribution of audio and video files and similar content types. If you send or receive such files on a regular basis, the Market Space may be suitable for you. Market.space seems to have designed a system that benefits all parties involved. Customers can store and transmit data in a secure and affordable manner. Hosting providers, on the other hand, can take advantage of open space when charging fair rates.
MASP and MASPC circulate and function completely independent of each other. MASP can not be exchanged for MASPC (or vice versa). MASP is a Ethereum-based utility token. The
emission is governed by a smart contract # 1. It is impossible to
forecast and include all the complex architectural details of the System
in the # 1 smart contract because the funds and time for elaboration
and testing are required. This requires the development of other intelligent contracts that will allow a fully mature system. The latter will manage the billing operation and involve its own internal cryptocurrency. Cryptocurrency
on the basis of Market.space blockchain itself means the absence of
commissions paid to Ethereum (gas) as in the case of MASP, which is the
reasoning behind the parallel use of MASP and MASPC. The smart contract # 1 regulates MASP emissions. Smart Contract # 2 saves the Hosts, Proxy, Miner and Insurer registry, and controls operations with deposits.
Market.space itself comes in the form of a digital currency named MASP. The MASP Token will go on sale from April 16, 2018 to May 27, 2018, at a price of 1 MASP equivalent to 0.35 USD. The token purchase itself can be done with foreign digial currency such as ETH, ETC, BTC, BCH, LTC, DASH and Fiat. Do not forget, get also purchase bonuses at certain time period.
Participating in the ICO Market.space , communities will participate in future project growth that is also tailored for their own needs. Seal itself is the result of teamwork of experts and experienced in their respective fields. who strive to give their best abilities in this project. In addition, the team also strives to provide the best benefits and services, to anyone interested in joining this project please to join.
Thus the ICO project info from Market.space, is also the best ICO project, cryptocurrency, token, altcoin from blockchain ethereum er20 technology. This article is made based on personal views, related to investing how well we do the analysis first. The type of investment must have risks depending on the scale or size of the investment and the goodness of the concept. For more information please visit their official website below :
By : adiarsent
Bitcointalk Id : https://bitcointalk.org/index.php?action=profile;u=1720810;sa
"Market.space" Decentralized System for Data Storage
Reviewed by aBdi Manroe
on
Mei 16, 2018
Rating:
Reviewed by aBdi Manroe
on
Mei 16, 2018
Rating:
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