Introduction
The demand for data especially in large size is on the high side since nothing can be done without data. The larger the data size collected about a phenomenon to be investigated, the more reliable the data tends to be. This necessitates the large demand for data. Since development and technology in whatsoever form depends largely on the availability of data that is reliable. And now, the computational storage of the generated or collected data is now a bigger challenge.
There have been different challenges about data acquisition, handling and storage in different organizations and this has closed down different establishments. Generating data or data handling depends greatly on storage. Data must be stored in a form that is accessible and available at all times.
It is no news that individuals, organizations, corporate entities, researchers and government bodies spend a lot on data collection and management but to keep large data is not within everyone grips.
I have a funny scenario to share. During my undergraduate degree research I was in need of meteorological (weather) data collected from an automated weather recording system on an interval of 5 seconds for a period of 30 years concerning weather elements like rainfall, temperature, windspeed, Atmospheric Pressure for my undergraduate research. The data was made available to me freely as a student for research purposes as it was a special privilege for research students. Following my graduation from University, I gave out my laptop to a friend so that he can use it for his research work.
It came to my understanding later that he formatted the laptop to free space on the hard disk. I felt the documents on the laptop are of no much importance, so I let go. Few years later, I decided to put in for Graduate Research for which I need to advance on the work done at the undergraduate level but have lost the data. Because of the large size of the data, the laptop was formatted by someone who did not know the value of the data. It is often said that when the value of a thing is not known, abuse is inevitable.
I contacted the office that gave me the data, only to be told that following the transition in government, there is now a new policy regarding such data. I was told that people have abused the data they have given out and as such, there is no grace for research students anymore. So anyone in need of data has to buy it on a flat rate even with corporate body. Now I need a data of 50 years for my graduate research program. Therefore, I must pay a certain amount per parameter needed multiply by the number of years needed. The amount in question is something I cannot afford. I should have 30 years data if i had a safe place where I could keep the one given to me before the new policy came up.
Without data there is no research. And research is the backbone of technology, invention and innovation of any type. Different sectors of human endeavour have witnessed a great transformation over the past few years. This is made possible by data available in large size.
Modern Data Storage
Over the past years to handle the challenges of data management, cloud storage was introduced. So that individual and corporate organizations can have their data where is safe. The usage of this cloud storage have grown greatly over the past few years that it was introduced for which it was accounted that cloud service market providing both storage capacities and computational processing capabilities to companies and to corporate bodies is estimated to be 45 billion USD per annum.
Looking at this value given, there are four notable organizations in control of this cloud service and they are AWS, Google Cloud, Microsoft and IBM. Since it is a service that only very few can offer, they set a high pricing standard for the service sweeping an annual profits worth many billions of Dollars each. It is often said that he who holds the economic power will definitely control politics. Therefore, these groups of companies impedes any new market from rising up to compete with them. And they are able to hinder new market because their substantial investments in data centers, servers and storage facilities.
The demand for computational processing capabilities and storage is on the increase everyday and if the market must be free, there is only one thing that can help break the ground and it is decentralization which the blockchain technology provides.
Blockchain, Cloud Service and IAGON
Cloud storage services allow users and companies to store data outside of their local machines. The purpose of cloud computing is to off-load the burden of maintaining local storage services.
For example, if an individual wants to run a website, there is no need for them to buy and assemble a server machine as well as run a dedicated internet service to maintain up-time. They can simply purchase cloud storage services and run their website from some kind of hosting service.
Following the advent of the blockchain technology, many industries like banking, stock exchange markets, health sector among others are currently benefiting from the blockchain decentralization which removes the power from those threatening capitalists, given people the freedom they deserve in different endeavors. And this is exactly what the IAGON has come to do.
IAGON is an open platform for harnessing the storage capacities and processing power of multiple computers over a decentralized blockchain grid. The service allows one to store data of different sizes ranging from small to big data files and repositories on which complex computational processes needed for highly configured and technically computerized system like Artificial Intelligence, machine learning operation can be trained.
It is imperative for it to be based on the blockchain technology because of the basic objectives of the blockchain technology. Now there is a guarantee for full data security and encryption platform that integrates blockchain, cryptographic and AI technologies in a user-friendly way.
How IAGON will transform Data Storage Management
By Joining unused computing power and storage space, IAGON will create a powerful storage super fast computing cloud service that can compete with the currently existing marketers in a cost efficient and reliable way for users. Since they have a highly configured system that allows users to upload data without geographical boundaries, unlike other cloud servers, they are implementing slicing of data and military layer file encryption known as (SHA256). That is going to be a very high level of data security, with this, no single miner has access to an entire file.
IAGON aim at providing its users with complete flexibility and freedom of choice I providing and consuming decentralized cloud services. In this pursuance, they will provide a multiple of solution to blockchain storage for platforms that have incorporate the technology. At the moment, Ethereum and Tangle Blockchain are presently been used to pay and receive IAGON tokens for cloud services and with a very promising future, iagon will transform the market and the state of the cryptographic technology.
Another fantastic feature is the use of the Secure Lake Technology. With this feature it will be difficult for hackers to enter the system and be able to access all data following their hack into parts. The introduction of secure lake system will freeze the lake and prohibit by means of encryption and decentralization of the files so that any party from navigation cannot gain access to the lake from within the data lake.
Iagon serves as a layer to allow data to be securely stored within both private and public blockchains. So across platforms, Iagon will provide data security.
Images in this post were sourced from IAGON WhitePaper
This is my entry for @OriginalWorks weekly Contest
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