of Distributed Storage Alliance was born on Tuesday — promising cooperation among major technology players to facilitate the transition between Web2 and Web3. The main purpose of this initiative, as its name suggests, is to advance decentralized storage and increase awareness and adoption of this technology. Key technology partners include AMD, Seagate, Ernst & Young, Protocol Labs, and Filecoin Foundation.
AMD’s role in the Web3 technology consortium leverages its expertise in high-performance, adaptive processor technology that combines CPUs, GPUs, FPGAs, adaptive SoCs, and deep software integration. This expertise is expected to aid in the future success of distributed storage.
Seagate is a well-known provider of physical storage technology and has been around since before the days of Web1. Its solutions range from home users to enterprises to cloud providers (Web2). As expected, if decentralized storage is ever going to take off, it would be wise for Seagate to join the alliance from the start and become a leading member.
Investment and accounting firm Ernst & Young will be responsible for guiding and developing secure blockchain technology for storage to benefit customers.
alongside the above trio alliance Founders Protocol Labs and the Filecoin Foundation aim to lay the foundation for widely adopted decentralized storage by embarking on the following tasks:
- Developing standards and reference architectures that address the unique needs of enterprise enterprises.
- Provides access to educational materials, technical resources, and best practices.
- Improve the process of onboarding data to distributed storage networks and make it easier for new data centers to onboard to the network.
- Enables the creation of influential working groups to solve specific issues associated with the transition to distributed storage technology and Web3.
What made you interested in decentralized storage? This storage technology promises the Web3 version of the cloud — not only does it offer great efficiency and rock-solid security, but it also offers a “significantly lower” cost. To do. Its decentralized nature means that the use of this storage technology is not provider-locked — it will meet data sovereignty requirements and benefit from other benefits inherent in blockchain.
Filecoin is the largest provider of this kind of service. According to Filecoin, it hosts 240 PiB of data. This equates to approximately 65,000 Wikipedia data. It has thousands of customers, including UC Berkeley, USC’s Shoah Foundation, and the University of Utah. The Distributed Storage Alliance seems to be off to a good start.
