Data storage systems Only for professionals, the number of internet users reaches up to 3.8 billion people use that, 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 new arrivals - host a provider 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 is (SMB in particular) using a fairly large cloud storage service to ensure uninterrupted business processes, improve customer support and leave traditional IT infrastructure costly 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 affordable and easier, in contrast to less expensive personal storage and unsafe public clouds with their regular data leaks.
Currently the PCS market is experiencing the following trends: Personal storage share in both large enterprise and SME segments grows due to inconsistencies and inconsistent quality of 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 is capable of allowing extracting data and 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 storage 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.
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 26th to May 6th, 2018, in the hope of raising funds with an eye toward launch during the third quarter of 2019. The Market Room has addressed some problems with the current data storage system. 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 functions as a host aggregator so that only owners and recipients can access files in a safe, affordable, and reliable way. The Market.space website has also 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 also involve its own internal cryptocurrency. Cryptocurrency based on Blockchain Market.space itself which means no absurdity paid directly to Ethereum (gas) as in the case of MASP, which is the reason 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 itself 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.
Participating in the ICO Market.space , communities will participate in future project growth that is also tailored for their own needs. Seal itself is the result of teamwork of experts and experienced in their respective fields. who strive to give their best abilities in this project. In addition, the team also strives to provide the best benefits and services, to anyone interested in joining this project please to join.
Eth: 0xC15Eb4bFf8e038db8Fdf3724129EfFAC3aA010D0
For more information, you can visit :
Website : https://market.space/en/
Telegram : https://t.me/Market_space_official
Twitter : https://twitter.com/Market_space_
Medium : https://medium.com/@Market_space_
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