Data storage market sector

Data storage segment, which is definitely of great importance in the long run. The biggest problem with cloud services today is, that all your data are in responsibility by some company. More and more companies and individuals are dealing with data retention problems. The best-known providers of cloud storage services are Microsoft dropbox, Apple, Google or Amazon at the moment. Companies in this sector will compete for their place with these giants, which is not an easy task.

On the other side, platforms like SIA or STORJ, they have one big advantage and that is decentralization of saving data. Decentralized cloud storage is a technologic solution, that can break centralization and privacy on this segment. Data are saved on multiple computers around the network. Fragments of your data are secured by encryption powered by blockchain technology. Another advantage is that you can provide your free space for users in the network and make some money.

data storage, cryptocurrencies, cloud storage, storj, sia