Innovative data storage systems Only for professionals Today, the number of Internet users reaches up to 3.8 billion people, which makes up nearly 50% of the world's population. Developing countries are responsible for the majority of users (about 2.5B). The number of users in the developed world equals about 1B. Starting in 2016, the volume of the cloud storage market (PCS - Public Cloud Storage) generates $ 26.4B and is expected to reach $ 99B by 2022. On average, the market grows 24.8% annually.
The smaller players that operate in the market include pCloud, BlackBlaze, FlipDrive, JustCloud, and more. There are also newcomers - hosting providers that work on cloud storage services together with software companies like Microsoft as well as companies that design decentralized blockchain-based storage. This new market segment is now known as cooperative storage cloud.
For further analysis it should be noted that depending on the type of storage users can aim at SMB or large companies. They are also classified as public, private or hybrid [3] by deployment mode (figure 3). In the case of hybrid storage, one piece of data is stored on the server hosting provider in the public cloud, and other parts - on the company's private server that is leased for a long time. Such storage incorporates both public and private storage options so that clients can choose the privacy mode they need.
The market is now experiencing increasing demand both from individuals and businesses. The latter (SMB in particular) uses a large cloud storage service to ensure uninterrupted business processes, improve customer support and abandon traditional IT infrastructure that requires substantial fees and professional expertise.
Large businesses prefer personal and hybrid storage that adds to the company's agility and flexibility while saving on infrastructure maintenance. The expected increase in demand in most industries (from manufacturing to mass media) is associated with relatively low data storage and processing costs.
Only 6% of businesses survive for more than two years after the loss of valuable data. Over 65% of global businesses use cloud storage services to back up data. Strengthening data security and anonymity will broaden the target of PCS audiences due to manufacturing, finance and insurance, healthcare and retail companies, which refers to national companies and municipal enterprises. It is also worth mentioning that the demand for hybrid storage continues to increase. They are relatively affordable and flexible in contrast to expensive private storage and unsafe public clouds with their regular data leak.
Currently the PCS market is experiencing the following trends: The share of personal storage in both large enterprise and SME segments grows due to inconsistent insecurity and quality from public storage; Cloud service functionality is more advanced. It consists of document editing, the opportunity to share secure files, teamwork, etc. - Decentralized blockchain-based storage is increasing in popularity.
Despite increasing market penetration, the demand for safe and reliable data storage is still not being met (this refers to businesses and individuals). So far the market is dominated by major cloud storage vendors although the volume of data stored by their clients can vary, traditional cloud storage does not meet individual needs. The package price they offer means a fixed storage volume (eg 1 TB) and / or fixed period (eg 1 month).
The absence of encryption by design and the possibility of third-party data access still delays a lot of potential users (especially those coming from corporate segments). Not surprising given the number of reports of data leakage, theft, and compromised accounts. In addition, centralized data storage leaves room for data scanning that is now commonplace because of the inner machine learning algorithm.
The latter allows extracting data even from audio or video. This means that your valuable data may be stolen for commercial use or transferred to a third party. Access is usually delayed for cold storage (long-term data retention that implies disposable footage and rare readings) compared to other modes. With most hosting providers, transferring data from cold storage to regular mode with instant access costs money.
Decentralized data storage on consumer devices solves security issues. However, they are not adapted to high load and work 24/7. This poses a particular risk to the customer: Data can not be accessed when the PC is hosted offline; Consumer devices are very vulnerable to corruption, so the possibility of high data loss; Data access speed is potentially low due to instability of the host internet channel.
Market.space is an upcoming block-based decentralization system that will handle data storage, as well as direct transmission and distribution of digital content. It strives to be an affordable and secure platform where professional hosting providers and customers can interact.
Market.space is based in the eastern European country of Estonia and will hold token sales from March 26 to May 6, 2018, in hopes of raising funds with an eye toward launch during the third quarter of 2019.
The Market Room has mentioned several issues with the data storage system in use today. For example, centralized storage services such as clouds are vulnerable to hacking and theft. There is also inconsistency in the cost of certain services. Meanwhile, decentralized storage systems can help limit security issues, but the data is not always easy to access if requested. In addition, consumer devices can be vulnerable to corruption.
Market Space believes it has the potential to address this problem by combining blockchain technology with professional hosting providers. Basically, the Market Room serves as a host aggregator so that only owners and recipients can access files in a secure, affordable, and reliable way.
The Market.space website has outlined the following 8 steps: The Contractor makes an insurance deposit; Customers send storage requests with details such as file size and storage period; Some hosts respond with bids; The list of best deals is made; Customer may select one or more hosts and make payments; The host receives payment and sends the customer a URL to upload the file; The customer uploads the file, which is encrypted with a private key and sent to the server host selected by the customer; Whether customers or third-party customers provide access to files can download files using a key.
Market.space can be potentially used to confirm a particular transaction or proof of ownership. It will also be useful when it comes to expediting patent defenses, intellectual property rights, and trademarks. Perhaps more universal, it can help the distribution of audio and video files and similar content types. If you send or receive such files on a regular basis, the Market Space may be suitable for you.
Market.space seems to have designed a system that benefits all parties involved. Customers can store and transmit data in a secure and affordable manner. Hosting providers, on the other hand, can take advantage of open space when charging fair rates.
MASP and MASPC circulate and function completely independent of each other. MASP can not be exchanged for MASPC (or vice versa). MASP is a Ethereum-based utility token. The emission is governed by a smart contract # 1. It is impossible to forecast and include all the complex architectural details of the System in the # 1 smart contract because the funds and time for elaboration and testing are required.
This requires the development of other intelligent contracts that will allow a fully mature system. The latter will manage the billing operation and involve its own internal cryptocurrency. Cryptocurrency on the basis of Market.space blockchain itself means the absence of commissions paid to Ethereum (gas) as in the case of MASP, which is the reasoning behind the parallel use of MASP and MASPC. The smart contract # 1 regulates MASP emissions. Smart Contract # 2 saves the Hosts, Proxy, Miner and Insurer registry, and controls operations with deposits.
Market.space is a product created by Market.space Foundation OU. The company's operational activities are aimed at developing Market.space, and launching. As the system expands, the number of participants and transaction volume will grow gradually. We believe in the development of Market.space because we offer: A. Services that include the growing demand for data storage markets; A System all participants can benefit from Сustomer getting supersafe and affordable data storage and transmission Host gets prizes for data storage along with additional distribution channels Miner paid to verify transaction and forge Proxy block awarded for data transmission.
Market.space comes in the form of a digital currency named MASP. The MASP Token will go on sale from April 16, 2018 to May 27, 2018, at a price of 1 MASP equivalent to 0.35 USD. The token purchase itself can be done with foreign digial currency such as ETH, ETC, BTC, BCH, LTC, DASH and Fiat. Do not forget, get also purchase bonuses at certain time period.
Market.space owners have handsome experience in designing, developing and promoting data storage systems. Alexandr Rakhmanov, founder and CTO of Markets. space, responsible for RapidGator.net's previous development. With a storage volume equivalent to 15 PB and several dozen servers worldwide, RapidGator is now one of the most popular file sharing services. In 2017, RapidGator.net is included in the top 10 Best File Sharing Sites (according to Alexa) and takes 16th place among the most visited file sharing resources.
The Market.space team has been actively involved in the development and support of international data storage and transmission projects for over 5 years. Thus the idea of a system that would allow reliable data storage at an affordable price has been maintained for a long time. Now that the market desperately needs such a system, we have begun to develop an internal architecture.
So that' s all our ICO project review for this time, hopefully can increase your knowledge in choosing the best project ICO to you invest. If you are interested in joining this project, or intend to buy a token in the sale. You can visit their official website and page below:
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