We are all users in a system that centralizes data, acting as a gatekeeper to the basic functions our society is built upon: communication, trade, health, finance, and entertainment. Like in any type of social contract, we exchange the privacy of our personal data for access to the digital version of real-life interactions. And that’s fine! But that’s not the only way things can be done digitally nowadays!
Centralization started an era that distinct institutions had the power to dictate which piece of information was good to go, or needed to be censored, as it did not comply with either the values or the rules of that specific entity.
This situation rose issues with censorship and manipulation of data, moving further and further away from the collaborative environment that started it all. Time passed even more, and we came to know centralized giants like Facebook, Google and the like.
Being decentralized means that we no longer will be dependent on large-scale, monopolized servers, and in time we’ll see the increase of network capacity, as residual computing power will be put to good use, saving money, time, and making digital tech a sustainable service for all interested parties.
Decentralization reduces the risk for corruption, fraud and malicious manipulation of data. It’s about the equitable use of the energy that comes out of digital processing, of the computing power, the plus value of the digital society we now live in. The blockchain acts as a growing peer-to-peer transaction ledger, available on each node that is part of the larger network.
“SWAZM’s mission is to create an infrastructure that can sustain tens, if not hundreds of millions of users across the globe, with unheard-of data traffic in both quality and quantity, and a working system which can transcend the geographical limitations. All of these have to be executed at an Internet speed the current infrastructure cannot sustain.”
(Vali Malinoiu, SWAZM CEO & Founder)
Read more 👉🏻 https://medium.com/swazm/decentralizing-cloud-computing-and-making-it-more-accessible-for-users-c831a58d602
