Cloud computing is an advanced technology, which significantly affects the way people use software, database and internet data. In this article we are going to talk about Ethernity competition with internet giants.
Ethernity Competition With Internet Giants
Cloud computing industry worth over $321 billion and is expected to reach $1000 billion by the year 2026. However, existing cloud infrastructures are not only weak in security and capability to hide individuals’ identities, but also are centralized. Therefore, Ethernity cloud launched to solve these problems. In fact, Ethernity Cloud is a revolutionary project, which aims to terminate traditional cloud computing.
Now, let’s see what has made Ethernity Cloud to be called as a revolutionary project? The main purpose is to overcome the censorship problem on the internet as well as taking the control of clouding services out of centralized companies hand. Thus, these features include decentralization, privacy and continuous availability.
Decentralization: Ethernity Cloud is a decentralized network of nodes, which can easily connect to the network in just few minutes from all over the world. So, the more it grows, the more decentralized it becomes.
Privacy: Users’ data on Ethernity Cloud are always encrypted through meticulous encryption algorithms. All interactions are done on an anonymous network to maintain the privacy as high as possible.
Continuous availability: Ethernity uses decentralized technologies in order to ensure its services’ maintenance. It means that a copy version of users’ data is stored confidentially and securely among numerous nodes. As a result, it will decrease the possibility of failure and any kind of disruption.
Ethernity Cloud has targeted cloud computing industry in both research and business section. If it can take only %3 of cloud computing market, it would have a market cap of $30 billion by the year 2026.