The world has gone digital. People no longer stress themselves doing certain things because such things can easily be done online. Example shopping online, schooling online, etc. With more and more technological innovations, there is an increase in the data that is processed. Everything we do online involves data. Data is raw and unorganized facts or information.
Data storage has gone from what it used to be (cd rom, hard disk) to Cloud storage. These days, users prefer to store data in the cloud as it is safer and even more convenient as you do not even need to carry any devices around. There are two types of cloud storage Public, and Personal storage. Public Cloud storage is usually stored with centralized Data storage providers. It is usually cheap, but less secure as it can easily be hacked. Data stored on public storage cannot be controlled by users. The Personal cloud storage is quite expensive but more secure. The Personal cloud is not so easy to set up as with the public cloud storage system, users could also lose their stored data if there is a failure in the installed storage device. How then is the best way to privately and securely store our digital assets and still reserve the rights of ownership? The solution to this question is answered by Universal Labs Platform.
INTRODUCING UNIVERSAL LABS PLATFORM?
Universal labs propose to create a decentralized platform to enable its users to enjoy privacy and security in data storage. The Universal Labs platform will enable direct peer-to-peer transactions of digital assets among its users in the ecosystem without involving any third party or escrow. Universal Labs will create an ecosystem that allows users to control their digital assets with the use of its hardware device called UBBEY BOX.
WHAT THE UBBEY BOX OFFERS ITS USERS
