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Sia Revolutionizes Cloud Storage Through Decentralized Platform

By: Issuewire

Announcing the Launch of Affordable and Private Cloud Computing

Boston, Massachusetts Jun 26, 2021 (Issuewire.com) - Nebulous, in 2016, announced the launch of Sia, a decentralized cloud computing service. Sia utilizes blockchain technology to connect users in need of file storage to hosts with underutilized hard drive capacity across the globe. Sia offers a new, low-cost way for businesses and personal users to store their data in the cloud in a private and reliable manner. Sia is changing the face of cloud storage by decentralizing its platform and prioritizing the freedoms of its users. Sia is disturbing the hold large corporations have over cloud storage by providing a more efficient, secure, and affordable service.

 

Features and benefits of Sia include:

  • Completely private data storage
  • More affordable than incumbent cloud storage providers
  • Redundant and reliable file storage
  • Open-source software with contributions from leading engineers
  • Use of Blockchain to ensure a more robust and reliable cloud storage system

 

Sia utilizes blockchain to ensure that the cloud storage platform is affordable and private while remaining highly reliable and efficient. The use of blockchain technology allows data to both remain secure and allows for the tool to be more affordable than other cloud storage providers. Sia's data storage marketplace is able to run without an intermediary, allowing faster and more efficient performance; this creates another edge for Sia over its cloud platform competitors.

Sia's decentralized platform allows users to control their private encryption keys and own their own data. Unlike traditional cloud storage providers, stored data cannot be accessed by outside companies or third parties. This creates a competitive edge for Sia, as it caters to users that care about the privacy and security of their cloud data and doubt larger storage providers.

Sia is available at an extremely competitive price. Sia costs approximately 90% less than popular storage providers, making it a much more attractive service to use. For example, 1TB of storage at Sia costs $1-2, compared to $23 on Amazon S3.

Sia is highly reliable and redundant. Sia stores file segments and nodes across the globe, creating a highly competitive uptime and ensuring complete reliability.

Sia is open-source software, allowing rapid and widespread innovation in the field of cloud computing. Leading engineers and developers build innovative applications using the Sia API.

Sia's use of smart contracts generates trust between user and platform, as well as creating efficiency and security in transactions on the platform. Users pay through SiaCoin, which can also be mined and traded.

Sia is currently available for use, at around $1-2 for 1TB. For more information on Sia, visit https://sia.tech/.

 

About Nebulous: Nebulous is a leader in utilizing blockchain technology for the decentralized internet. Nebulous aims to provide services that allow for open access, low costs, and enhanced privacy. Their projects include Sia, the decentralized cloud storage platform; Skynet, a decentralized content delivery network and SiaStream, a next-gen storage platform for media files.

Media Contact

Siacoin Skynet


hello@siasky.net

(518) 951-0330

https://sia.tech/

Source :Sia Tech

This article was originally published by IssueWire. Read the original article here.

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