Member-only story

Everything You Need To KnowAbout Decentralized Cloud Storage (DCS)!

Fintelics
5 min readNov 9, 2021

--

All About Decentralized Cloud Storage (DCS)!

The growth of e-commerce, IoT, AI and ML systems, and mobile/web applications has pushed us to a data-driven era. Today, every industry and its customers are producing high volumes of data regularly. Companies and organizations consider this data as one of their biggest assets because, when extracted correctly, it gives rise to a lot of opportunities in several areas. These areas include risk management, customer retention, supply chain handling, brand marketing, and new product development.

As companies start handling data and information more and more, they look for a robust storage solution to store and manage their data. Companies such as Dropbox, Amazon, and Google are some popular options that offer cloud storage solutions for storing, handling, and sharing data. Enterprises and startups opt for cloud storage solutions provided by various hosts because it is reasonable. The effort required to manage the physical storage servers is also minimum. Companies can easily store data on the cloud servers or pay as they use it.

With conventional cloud storage, a huge database stored in a large data center could result in downtimes and cloud outages. Additionally, the traditional cloud storage would have kept…

--

--

Fintelics
Fintelics

Written by Fintelics

Software consulting company that focuses on emerging technology such as AI, Blockchain, Cloud Computing, and Data Engineering, MERN Stack, and Fintech

Responses (1)