Introduction
Have you ever wondered how great it is to exchange files between the real world and a virtual medium? This is what is called clouding! Cloud storage simply refers to a dynamic computing system that can accept saved data and such data can be accessed any time and distributed locally through the internet.
With cloud storage, users can securely save data aside from production point and as well make it possible for it to be accessed from any connected device. The need for cloud storage services has recorded immense growth over the last few years and two key storage methods is identifiable: open storage and private storage.
Open cloud storage has to do with total commitment of data to reliable cebrtrak service providers who save such data for a fee. Nevertheless, there are problems inherent in these methods. For instance defaulting payment might translate to data loss and besides, cost of saving up data can shoot up unannounced and such central repository is liable to hacking and government's infiltration.
Private cloud storage on the other hand entails setting up a local storage mechanism where authorized devices can be linked to very closely. This method resists hacking to a larger extent, but it is not completely free of problems. The cost of setting up a private cloud storage is humongous and besides human error can lead to complete loss of the data so saved.
Universal Labs seeks to combine every advantages of private cloud storage and jettison the drawbacks using an innovative and intuitive option which is the blockchain technology.
Technology Behind Universal Labs Storage:
The Ubbey Box
The Ubbey Network is a disaggregated platform driven by a custom Box and a protocol (Ownership Protocol) that allows users store data on the cloud.
Ubbey network is a decentralized network powered by Ubbey Box and the Ownership Protocol (OWP), which enables the trading of ownership of digital tangible assets in a peer-to-peer manner. Immediately an asset has been documented, it can be exchanged straight up across different Internet Protocols through the Ubbey Network immediately, as with exchanging files through a peer to peer protocols.
Built by Universal Labs, Ubbey Box is a hardware piece used as a private cloud storage for organizations and individuals. It offers great space for storage of data with up to 2 terabyte space. Additionally, the Ubbey Box enables users to save up data in a location and access it from wherever they are and at anytime.
Ubbey Box users can connect it to several devices such as music players, Play Station and even televisions. It is equally possible to use the Box with Smart devices later in the future.
Ubbey Box can aid in mining Bitcoins as of can perform the role of a complete node with its block creator that will be chosen at random from Ubbey Box nodes with regards to PoS consensus program.
With the private storage space offered by Ubbey Box, participants on the network can mine YOU token and be compensated with the Token to drive and shield the network.
The YOU Tokens
Every activities on the Ubbey Network is based on fees paid to stop the network from been misused and to make sure that the integrity of Universal Labs is not compromised.
The fees needed for the transactions are in yo units.
YOU coins can equally be used to pay for sharing storage and to compensate users who created the storage capacity to network using YOU coins.
Conclusion
Storing data can be very challenging for organizations and individuals who have confidential data to keep due to the risks of losing it or getting it hacked. Universal Labs presents a private storage option where users can save their data at low cost and save it from unpermitted access.
Some Team Members
Here are helpful links for more information
Website
http://ulabs.technology
Whitepaper
http://ulabs.technology/images/Universal%20Labs%20White%20Paper%20v1.2.pdf
Telegram
https://t.me/universallabs
Written by
Ebykamsi
