Data is a crucial asset today, and ensuring its security and accessibility is of paramount importance. Traditional centralised storage solutions have long been the norm, but they come with vulnerabilities such as data breaches, single points of failure, and susceptibility to hacking.
The classical centralised storage systems, often governed by a single authority or entity, hold massive repositories of data within specific servers or data centres. Despite their efficiency and ease of management, these systems present a significant risk – a single point of failure. If breached, manipulated, or disrupted, the entire system could crumble, leading to catastrophic data loss or unauthorised access. This has brought about a quest for alternative solutions that can address these vulnerabilities effectively.
Blockchain technology was initially popularised as the technological backbone of cryptocurrencies like Bitcoin. Its inherent characteristics – decentralisation, immutability, and cryptographic security – make it a promising candidate for revolutionising data storage and backup practices.
This story is from the December 2023 edition of Open Source For You.
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This story is from the December 2023 edition of Open Source For You.
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