AMD has thrown its weight behind decentralized storage

AMD, Seagate, and EY have joined the Decentralized Storage Alliance, a new organization that aims to advance the benefits of a decentralized approach to storage.

Decentralized storage is a technology in which data is stored on a distributed network managed by computers, or nodes, located in multiple locations.

The new organization, which also includes blockchain firms Protocol Labs and the Filecoin Foundation among its founding members, will reportedly focus on “raising awareness and adoption” of decentralized technologies such as cryptocurrency Filecoin, file-sharing network IPFS, and Peer to Peer. libp2p network stack.

Why use decentralized storage?

Compared to the current audience everywhere cloud storage The model, decentralized storage will mean that a centralized control and synchronization server will require much less resources, since a lot of the work is done by other machines on the network.

However, since it is not always possible to rely on all computers over a distributed network, there is generally some level of duplication.

What will the new organization do?

It is claimed that the alliance will create a “trusted forum” where organizations can collaborate to accelerate the adoption of decentralized storage technology.

This will include developing standards and reference structures that meet the “unique needs” of enterprise firms and provide access to educational materials, technical resources, and best practices.

In addition, the organization will consider improving the process of integrating data into decentralized storage networks and making it easier for new data centers to join the network.

Decentralized storage may be a word we may hear a lot about in the future.

according to Search from IDC Commissioned by Protocol Labs, nearly 86% of organizations have a positive view of decentralized storage.

“As a global SaaS blockchain solutions company, we see decentralized storage as an opportunity to diversify and add flexibility to our data infrastructure,” said James Canterbury, Partner and Principal at EY Blockchain. “And we see the alliance as an essential part of this – enabling decentralized storage adoption and coherence across the broader industry.”

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