Cloud storage allows data to be stored, maintained and backed up remotely on cloud computing servers across the internet through institutes. The institutions are mostly centralized cloud storage service providers using virtual techniques in multiple locations. The cloud storage powered on this storage servers are open to information theft, copy, destruction, sale and other vices of vital information. The blockchain had bought decentralization which offers a more secure cloud storage services on the blockchain protocol. The Datum Network is one of the few decentralized cloud storage services built on the blockchain technology. It offers much more to the users than the existing centralized cloud storage project with its unique data marketplace ecosystem.
The Datum Network
The Datum network is a data and information e-commerce platform for the cloud storage industry. Stakeholders of the cloud industry who are the users and the data consumers can come together in mutual benefit to transact and earn income. The user on the Datum network platform can sell his data and information anonymously with no risk. The data consumer gets legit, permission and reliable data and information for his use.
Problems of Centralized Cloud Storage Services
Decentralization has bought the movement of projects and services from centralization to decentralization because of the obvious challenges the centralized cloud storage systems experience. Which includes;
The security and privacy for both personal and business data on the centralized cloud storage cannot be ascertained because it is stored remotely in multiple locations. Vital information is subjected to a third party who is the cloud service provider. These storage facilities are not secured and information can be easily hacked, stolen or sold by unethical savvy hackers.
There is a limit to the amount of data and information that can be stored with the cloud service storage. This depends on the plan and feature of the storage service one had chosen. If the user exceeds space bought he has to upgrade his plan and the charges can be very costly especially for businesses.
Cloud storage has high fees and networking costs. Cloud storage services come with a plan that users subscribe to. The cost of cloud storage services can really be high over time. The networking costs are not cheap for users that have their data on the cloud and use local internet connection for surfing the net.
There is a high cost of maintaining the centralized file servers and operating cost for the cloud storage service providers. They have to pay employee salaries and another overhead cost which increases every year or remain fixed.
Centralize cloud services do not give incentives and rewards to their users for their patronage.
What the Datum Network Offers
The Datum Network data marketplace offers the following services to its users which is not limited to;
The Datum platform offers the security that comes with the blockchain technology. It also offers an encrypted smart contract that makes is more secured. Data are encrypted before transmitting to the network.
Users on Datum platform earn income from storing, verifying and transferring their data. The platform allows them to use the Datum usage term smart contract to specify the security of their data.
The Datum platform reduces redundancy and cost for its users. Users pay for the data storage space used. In the centralized cloud service, users subscribe to a space plan and payment made whether space is used up or not.
The platform utilizes the DAT (Data Access Token) for payment. This offers a cheaper and faster means of payment on the platform. The DAT token will expose the new user to the use of cryptocurrencies.
With the Datum network, users have complete control and privacy of their data. Information is not stored on third parties servers but is stored as a node that is encrypted on the blockchain protocol.
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Conclusion
The Datum network provides a secure and efficient decentralized cloud storage services. Its services are cheaper and more rewarding than that of its counterparts in the same cloud marketplace. The data consumer gets a lower cost for obtaining data with the Datum platform. The Datum platform eliminates data broker a third party agent used by data consumers thereby reducing cost. The project is going on according to the roadmap laid out with out any hinges. The Datum project is backed by hard-working and professional team members who are tirelessly working towards achieving the goals and objectives of the Datum project.
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