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2B Blockchain Conference • October 18-19, 2018

In the business heart of Europe in Berlin on October 18, 2018 will take place the global 2B Blockchain Conference…

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Tag: cloud storage

Business Applications of Public and Private Blockchains

Category: Blockchain, Business, Cryptocyclopedia, Tech

Business Applications of Public and Private Blockchains

While the increasing number of conferences are evidence of the growing number of use cases for blockchain technology, the key is understanding whether or not the innovation can actually help your company run more efficiently. One must first understand how a blockchain operates, and then they can learn how this innovative technology can be applied to their business. Can blockchain…

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BitTorrent Founder’s Ambitious Plans to Supplant Bitcoin

Category: Altcoins, News, Tech

BitTorrent Founder’s Ambitious Plans to Supplant Bitcoin

Bitcoin at its core is a decentralized currency, relying on a peer-to-peer system popularized through file-sharing programs, such as BitTorrent. It is only fitting that this has come back full circle, with Bram Cohen, the founder of BitTorrent announcing his intention to work on a new cryptocurrency. Announced in an interview on “Steal This Show” podcast, Cohen states that he…

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Decentralized Data Storage Platform Storj Migrates to Ethereum Network From Bitcoin

Category: Blockchain, Business, Ethereum, News

Decentralized Data Storage Platform Storj Migrates to Ethereum Network From Bitcoin

Storj, the open-source distributed cloud storage platform, officially migrated from the bitcoin-based Counterparty protocol to the Ethereum network on March 23. Bitcoin browser Brave is also looking to the Ethereum blockchain to add value to its offering. Storj is a protocol which operates as a decentralized data storage platform wherein users can store information within a secure ecosystem. Previously, Storj…

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Storj Raises $3 Million to Enhance Distributed Cloud Platform

Category: Altcoins, Finance, News, Tech

Storj Raises $3 Million to Enhance Distributed Cloud Platform

Storj, an emerging service provider for distributed cloud storage, has secured $3 million in a seed funding round. The offering proved to be a massive hit, with demand exceeding availability. Investors from all over participated, such as Google Ventures and Qualcomm Ventures to name a couple. While traditional data centers provide the majority of cloud storage services through technology heavyweights…

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Storj Drives Forward with Micropayment Channels

Category: Altcoins, News, Tech

Storj Drives Forward with Micropayment Channels

External third parties mostly dominate cloud storage space. Users can access their data on external hard drives via the internet, to name a few, iCloud, Google Drive, Drop Box are all examples of cloud storage providers. However, the inherent flaws of the trust-based model challenge these systems. Such deficiencies occur due to the fact that conventional clouds are open to…

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