One of the investment experts had an extensive background in the technology sector, and he was talking about the much-hyped introduction and expansion of 5G across the United States.
The transition from 4G to 5G will be nothing short of revolutionary.
But one of the most important questions about the 5G and Internet of Things revolution hasn’t been answered. Should all of this data be housed on centralized servers or decentralized ones? It’s an overlooked question. But the solution is no contest.
This week, as we expand upon our content from Wednesday, we explain why decentralized solutions for data security are not just powerful… but they’re the best solution for the new world we will enter in 2020 and beyond.
Data Demand Is Set to Grow
The explosion in demand is great news for companies engaged in data storage.
A new report from HTF MI called “Global Data Center Server Market 2019 by Company, Regions, Type and Application, Forecast to 2024” predicts significant growth in the global data center server market. This suggests very good news for shareholders in companies like Hewlett Packard Enterprise, Dell, IBM, Fujitsu, Cisco, Lenovo, and Oracle. Another report by Gartner projects that global cloud computing demand will reach a staggering $411 billion by 2020.
Cloud computing has helped bolster economic and company growth around the globe. The rapid adoption of the Internet of Things has unleashed Big Data and the incredible volume, variety, and velocity of insights that catalyze growth. With machine learning algorithms building the framework of the new digital ecosystem, humans will enjoy new and radical benefits that were previously never conceived.
However, the question is whether that ecosystem will be built in a centralized or decentralized universe. Centralized cloud offerings span every type of data service, all of which offer either low performance at low costs or high performance at high prices, depending on the needs of the end user. While the ease of use and scalability of centralized cloud offer a good solution for most individuals, enterprises have more specific needs.
Decentralize the Future
While many analysts project that the future belongs to the decentralized cloud, it’s unlikely that these companies are going to be able to avoid the temptation of falling into a trap laid out by Michael Noel in an interview held by Scow Capital a few months ago. Simply put, companies like Oracle will likely struggle with the development of the decentralized cloud due to Noel’s Law.
Noel’s Law of Decentralization states: “When confronted with a decentralized mechanism, the first thing a centralized organization will do is try to centralize it.”
Decentralized platforms are not similar to traditional cloud storage. Building databases in 1990 is very different from what exists today. Since smart contracts and DLT enable applications to perform functions autonomously, there’s no need to report back to a central organization.
If we continue to give control to companies like Microsoft, Amazon, Dropbox, and others with a centralized focus, the future will look grim. How many more debates do we have to get into about privacy, licensing, and ownership of personal data?
How many more data breaches and faulty efforts in data protection do we need to show that centralized data storage networks are grossly inefficient and bad for consumers?
Bigger Data Needs Decentralized Solutions
Forget food. Forget oil. Forget water.
The most valuable resource in today’s world is data.
But it seems people don’t value it as much as those other commodities.
If they did, they’d tap into the technology designed to protect it from negative forces.
Blockchain solves one of the greatest challenges today around data storage and security, and eliminates the failures of centralized platforms.
DataBloc is leading the charge as one of the world’s most innovative DLT solutions for cloud storage and compute. Rather than offering storage from a central entity that controls all of the servers, DataBloc’s decentralized blockchain network distributes data among multiple entities and defuses single points of attack from bad actors looking to exploit vulnerabilities.
With DataBloc, no one company controls data, which dramatically improves security, privacy, and peace of mind.
Perhaps equally important, the decentralized nature of the network drives down the cost of storage. DataBloc is offering the most affordable and secure enterprise cloud services in existence by aggregating excess storage and compute capacity from high-quality data centers.
Our software already serves over 2,000 enterprise customers and supports various data services and storage types, offering enterprise-quality data optimization, availability, accessibility, and protection. Learn more about DataBloc here.
My Username : djisamsoe234
My Bitcointalk URL : https://bitcointalk.org/index.php?action=profile;u=2594870;sa=summary
My ETH Address : 0x42066B27CbA4E484EAaa22910743984CB217e2DC
0 komentar:
Posting Komentar