Fluence wants to make data hacks a thing of the past using blockchain
From Yahoo to Equifax to Sony and so on, data breaches have become one of the biggest threats of the our time. While big companies are at considerable risk, they are not the only targets for hackers. App developers, who utilize — particularly vulnerable — cloud services, are also in danger of having their sensitive data breached or stolen. Is it possible to keep one’s important data secure in this day and age?
For Fluence, the answer is yes. The company aims to eliminate insecurity over data breaches by providing decentralized data storage and management on the blockchain for Web 3.0 applications, guaranteeing users more privacy, control, and security over the decentralized apps they are building.
Using advanced network architecture, Fluence utilizes a system of independent nodes that split up sensitive structures of data to store and manage, ensuring that data is both replicated and protected. The nodes “check-in” on one another to make sure each is storing and securing data properly. If one node goes down, the data will not be lost: the network will find new nodes to replicate, secure, and encrypt that data. Fluence users do not require a special license or agreement with any commercial vendor, and all operations on the Fluence network for data storage and management are paid with the native Fluence token (FLU).
Fluence also announced a partnership with FriendUP, a service that enables developers to create their own virtual cloud computer online. Friend offers a complete operating environment that, combined with blockchain technology, provides the infrastructure necessary for the safe and responsible exchange of information. Friend can be accessed and used anywhere through a browser and provides a customizable desktop environment that is shaped by the needs of its users.
While the Fluence model of complete decentralization is an exciting prospect, especially in this era of data vulnerability, there is another vulnerability to consider: the state of the crypto market, itself. Daily cryptocurrency fluctuations have experts wondering if and when we will see tokens become a commonly-accepted form of payment. Nonetheless, the prospect of completely decentralized data storage is intriguing.
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