Today files and data are like neuron running from one device to another over the internet. Data and files are in daily usage in every sector. There are different methods which many organizations and individuals share their file and data across the globe. From the onset before the internet was made public. data and file sharing was done using storage devices like floppy disk, CD-ROM, etc. Most of these devices have limited storage and lifespan. Proper care and maintenance is required for their lasting usage. The internet changed the technological platform which allow file and data sharing through FTP and Peer to Peer. There are new technologies which have advanced the way files and data are shared over the internet. with the proliferation of many file sharing site all over the internet. The big question is, how safe and efficient are these platforms? I can remember stumbling on a sensitive company files and software on a file sharing website. The funny part was how exposed and unprotected the files were with no zip passwords. These are many of the reasons OutOfTheCloud is launching into the blockchain industry with an already existing product that have served private security clients. OutOfTheCloud is leverage on the blockchain technology to provide a more secure and efficient file and data sharing platform as we shall see from this article.
THE FILE AND DATA SHARING CURRENT SYSTEM IN THE INDUSTRY
File and data sharing which originally started with transfer from one storage device to another have evolved with technology and now file and data sharing can now be done over the internet. There are many cloud platforms and file sharing platforms. Many firms have proffered different cloud storage solution for file and data sharing. Such platform includes Dropbox, Hightail, Box, Sharefile, OpenDrive, etc. allows users to upload data on the platform via their dashboard and generate a public link for the uploaded file and data which can be shared to a third party to access the information. It gives option for adding permissions on the shared file and data thereby allowing only users with permission access to view, download, edit, etc. the file and data. The file and data are hosted on the web server and storage making it vulnerable to cyber hacks. Storage is the main challenge in developing a file and data sharing platform as it requires many bandwidth and server storage to host all users data. This has made file and data sharing platforms to limit storage spaces of its users and except they are willing to pay for more storage. Another weakness is the need to temporary download file in order to view. this makes it data consuming and vulnerable as malicious softwares and exploits can be downloaded into the users computer. The OutOfTheCloud platform has assessed these challenges and came up with a blockchain platform and already existing file and data sharing platform that have serve many private security firms efficiently.
The Outofthecloud Blockchain Solution and Architecture.
The OutoftheCloud platform is built on blockchain technology. it is a peer to peer platform for file and data sharing. Users can register on the platform using their device which they can use to allocate part of their device storage memory for other users on the blockchain. These storage are geographically optimized and allocated to ensure there is no much pressure on any device while file and data sharing is fast and secured. Every device becomes node linked to other devices on the blockchain creating a cloud platform on the blockchain. the integration of the blockchain technology is to ensure a safe file and data sharing which the blockchain technology offers as file and data are resident on the user's device not a storage on the Outofthecloud blockchain platform. these files an data are encrypted for every user using a unique private key which is only available to the user while the public key is for other users to have a link to the location of the file and its attributes but can access the contents except the user allows them connection to his or her device and file and data are seamlessly transferred from one device to another in form of hashes.
About Outofthecloud token and its sales
This is a good project which will revolutionize the file and data sharing industry. it will see t a transition fro cloud, Amazon Web Services (AWS) and the likes of it to a more secured and safe system. there is already a working product but OutoftheCloud is upgrading the existing product which has been function since 2013 to integrate the blockchain technology on its platform architecture. For this purpose, it has open opportunity for investors who believe in the vision of the project to invest in their ongoing ICO. For the goal of achieving the project roadmap, it has generated a total 1.2 billion OUT tokens with 300 and 400 million tokens allocated for pesale and main sale respectively. The presale began in 21st August 2018 and ended 18th September 2018 at a price of 1 OUT is equivalent to 0.10 USD while the mainsale kick started 19th September 2018 and will end 19th October 2018 at a token price of 1 OUT is equivalent to 0.15 USD,
To learn more about OutoftheCloud project and their Token sales please visit the links below.
Website : https://www.outofthecloud.io/
Whitepaper : https://www.outofthecloud.io/OutCloud_Systems_White_Paper.pdf
Twitter : https://twitter.com/OutCloudSystems
Facebook : https://www.facebook.com/OutCloudSystemsInc/
Medium : https://medium.com/@admin_9757
YouTube : https://www.youtube.com/channel/UCJGpH31JeC9Pc7wWtzCpCNQ
Telegram : https://t.me/joinchat/GGVHiA9p9YUJS2mfi4a58A
Content Author Details
Username: Finixfly
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