Cudo Compute: A Fairer Cloud For Everyone

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When looking at the new oil invading every space, DATA is number one. At the moment about $274 billion, which is around 2.5 quintillion bytes worth of data are generated each day according to Explodingtopic and it also revealed that big Data analytics for the healthcare industry could reach $79.23 billion by 2028, This simply means Data revenues on the estimate are over $1 trillion annually.
It's clear that Data interacts with every aspect of our lives and if I am not mistaken, about 70% of the global population of people is always online, either for personal identities or financial information, in fact, data has become the most valuable as well as the most vulnerable resource in the world and this means proper management of it is very important.

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Why Do We Consider Proper Management of Data?

With the above estimation of Data, there is a collecting point where all this Data are stored, accessed, controlled and even distributed. These stated actions on Data make it prone to breaches and unethical practices and security measure is of high importance.
The majority of organizations that use a centralized database faced with these disadvantages:

  1. Service failure: Due to the fact that is centralized, any breakdown on the storage device in use, becomes a loss of information because is a single centre of the storage.
  2. Thefts Vulnerability: We have experience with centralized systems being hacked and data are been stolen, so, a centralized system is less secure.
  3. Lack of privacy: Centralized database can be shared without your permission to third parties as much of your data information is on their database.

So, the collation of data stored and maintained in a single location by any organization should not be the practice in the present world.

The solution is here!

Decentralized Application

Here, we don't talk about a single authority or a central owner, the entire data is spread across multiple servers and controlled by several nodes or users. An example of this solution can be found with Cudos Team.

Cudos is combining a highly scalable and secure Layer-1 blockchain with a revolutionary solution for decentralised cloud computing. The main goal of the project is to create a world where computing is cheap, sustainable, and accessible for all.
In addition is the Cudo Compute which gives access to decentralised, sustainable and cloud computing by leveraging underutilised hardware globally.

Are you aware of Airbnb a marketplace that allows owners to rent out their unused homes, Cudo facilitate individuals or organizations/businesses to lend their hardware’s unused compute to users/organisations that might need it.

What's the Advantage of a Decentralized Solution Like Cudos?

Knowing that a decentralized solution uses blockchain, clears away a single point of failure and makes a distribution of data possible across several nodes, meaning, data can be accessed anywhere even when one or more nodes are down.

In the area of security, because the decentralized application uses cryptographic techniques, full privacy and security of information are ensured.
There is more to talk about when looking at the importance of decentralized applications over centralized ones.

Recently, Cudo Compute partnered with Sfera and Copernic to provide distributed computing and enable additional agility. Read more about this partnership

Do You Want To Learn More About A Fair Distributed Cloud Platform?

Check The Medium Cudos Article

To Learn More About Cudos: Here

Posted Using LeoFinance Beta



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