DATABLOC – Proteting the world’s Data
With billions of data generated every day, even every second will be very inefficient if the data is stored in paper form. Because paper has properties that are easily damaged, dirty and lost when placed arbitrarily. And of course, these files will require large capacity storage areas. If maximum paper use can affect the balance of natural ecosystems. Things are different if stored in a special system, which can accommodate large-capacity data and requires a very minimal place. Not to mention if there is a natural disaster that cannot be predicted, therefore the online storage platform can quickly restore it.
The problems and dangers that revolve around all this data are called the same data leakage or theft. After all, agree that in life there is a type of data that is personal or encrypted and in any case should not be compromised and certainly does not fall into the wrong hands. But unfortunately, the reality is that every year tens of millions of people are victims of cyber fraud and consequently lose their data. According to statistics, cybercrime causes damage worth more than $ 5 trillion per year. Which is naturally a very big problem.
Surprisingly, the reason for all this is centralization of most storage systems. In addition, many small businesses don’t even have the right security system for hackers. That is, every smart hacker can enter the company’s system and retrieve all the necessary data without a hitch. Unfortunately, because of such negligence, not only customers entrust their data to such companies, but also the company itself, because this situation in many cases gets them out of business and fails, and in the future bankruptcy may occur.
Authors introduce DataBloc, the first enterprise-level economic sharing for data storage and services. The DataBloc platform is a web platform that connects service and business providers seamlessly and safely. DataBloc, known as StoneFusion, will be the 9th generation blockchain solution developed by StoneFly, a data service company based in Silicon Valley. This software supports various types of services and data storage and provides enterprise-level data optimization, regulation, accessibility, security, and protection.
This DataBloc storage system does have special features that are rarely owned by companies or platforms that provide similar platforms. As we know the sophistication of DataBloc in quarantining unnecessary data has reduced storage capacity and costs. Now added with excess capacity rental facilities. This means that users can rent excess capacity with other users who don’t need too much storage capacity. For example, Carrefour companies are leasing excess capacity with branches or retail. Of course, storage with a system like this must be authorized by the initial user. This is done so that the secrecy between the two companies, although similar and is under the same agency, but DataBloc can still guarantee confidentiality. So the company can indirectly invest in buying and selling. In addition,
A quality platform is a platform that does not only rely on quantity but also quality. This relates to the philosophical way in which market demand and supply still prioritize morality.
Advantages and features
In addition to smart contracts, StoneFusion also uses sophisticated “elastic” data hashing algorithms to provide a high level of protection. This elasticity is able to provide a more reliable data transmission system, and provides a smooth storage method, using additional blocks in the blockchain network. Complete all of these coding algorithms (reed-Solomon Erasure), which accompany all types of data on all nodes and protect them from hacking.
The convenience of StoneFusion also directly depends on its technical characteristics, so that it can easily be compatible with any wallet or hardware that stores sufficient amounts of data. At the same time, StoneFusion can interact directly with other infrastructure, cloud storage and other backup systems.
As an interaction unit, StoneFusion will use its token utility, STONE, which will interact directly with DataBloc and other companies. The use of BATU tokens is needed more as a link to generate transparent transactions between corporate clients and users. However, each BATU is supported by smart contracts, which means that each transaction is fully reliable, transparent and safe. The system will also offer a royalty block (RBC) where users will be able to earn up to 10% of the profits from using the DataBloc platform. In total, this system will issue 200 million stone coins, with an initial value of 0.5 USD. During the pre-sale period, discounts of up to 40% will be available for each coin. At the end of the ICO, the developers intend to collect the $ 100 million Hard Cap.
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