With great power comes great responsibility - Why Storage blockchains have to be the future !!!

Who would say NO to more cloud storage for a lower price while guaranteeing safe storage ?

I fell in love with the concept behind SIA and some of the other storage blockchains from the beginning. A little bit of behind the scenes information. I used to work at a Fortune 50 company and was involved in discussions around the migration from company owned internal storage to AWS based cloud storage. There were a lot of discussions around security primarily. Companies, especially large bureaucratic ones are slow to move on these things.

Now, there is a big driver to move to cloud based storage.

Cost plain and simple.

The company I was with had tons of storage requirements. and it was just to expensive to keep buying their own hardware.

I am convinced that in time big companies will decide they need to explore moving to blockchain based storage, for security and for cost containment.

Companies also don't like the dependency on a single point of failure, be it Amazon, Azure or Google.

The article below from an interview with David Vorick Sia Cofounder also gives some interesting insights.

http://www.bitcoinisle.com/2017/06/07/sia-takes-on-cloud-giants-with-blockchain-based-decentralised-storage/

Sort:  

I am also very interested in blockchain storage technology. Have you experimented with IPFS? I've been researching it, but still have a lot to learn.

I downloaded the Sia app, but you need to have 2000 SiaCoins to start renting out storage. Have you tried renting out storage using Sia?

Congratulations @askaboutcrypto! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

You got your First payout

Click on any badge to view your own Board of Honnor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

By upvoting this notification, you can help all Steemit users. Learn how here!

Coin Marketplace

STEEM 0.20
TRX 0.13
JST 0.029
BTC 60941.82
ETH 3385.03
USDT 1.00
SBD 2.50