Sunday, February 18, 2018

ARCHICOIN - Distributed Storage System Security in Blockchain

As the era progresses and becomes modern, modern society can hardly imagine life without the internet now. The introduction of global networks in our lives is growing at a rapid rate, more than half the Earth's population has access to the Internet and the number of mobile devices that keep wireless networks has exceeded the number of people in the world.
Regardless of the development of the world, the average person and business preferences are changing. The annual growth rate of IP traffic is 25%, so rapid growth is caused by an almost unsatisfactory taste of users and companies seeking new services, including high-definition video streams.
The dominance of process digitalization and the transfer of corporate activity into electronic format leads to the expansion of demand for data storage. The increase in volume of multimedia products also requires storage space. That is why one of the most dynamic data storage segments today is cloud storage. The high growth rate of the world cloud services market is due to the company's transition from the traditional service consumption model to cloud services, which is easier to use and relatively inexpensive to traditional data storage methods.
However, during the transition to cloud storage, some people and companies are afraid of the costs and risks that may occur in the event of loss of information or provide this information to others. There are several known cases when personal information is provided to third parties based on court decisions or when the trade secrets reach the hands of competitors.
The important question of security today is more than information in the modern world has become the most valuable asset. Because the development of distributed storage systems in blockchain this problem will be resolved. This solution will be available to both the user and the business simply. In addition, renting your own computer storage will be a great opportunity for technology enthusiasts to earn money.
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ArchiCoin is a distributed storage platform using stable cryptography. Instead of centralized servers, the file system is formed by an unlimited number of servers on the Internet. Anyone can provide their disk space to participate in an integrated data storage system.
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ArchiCoin stores all data in encrypted form. Access to user files is manifested via private key. No one but the owner can get access to the information downloaded on the network. ArchiCoin makes it possible to store, exchange, or monetize structured data safely. ArchiCoin is scalable and ready for large data.
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When you upload a file to the ArchiCoin network, it will be divided into sections, these sections are encrypted and sent to a bunch of peers. Nothing stores the entire file, even in encrypted form. The data storage method has obvious advantages compared to storing data on a local server. Servers with data can be hacked, shut down, detonated or seized by court decisions. All this can happen to a bunch of peers.
The advantage of this system is the possibility to store unstructured and structured data. All files will be indexed with the help of blockchain and distributed on the ArchiCoin network. Users can also create a container where data will be shared. This allows the creation of distributed databases.
In addition to data storage, ArchiCoin offers secure access to user information without interacting with third parties. There's nothing to keep a record of user files or information required for authorization, so only owners have access to data and decryption. Companies spend billions to share personal data or data securely. They are looking for flexible data access management methods. It is realized with the help of smart contracts that allow to adjust access to data without fear of leak.
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