AMD has thrown its weight behind decentralized storage
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AMD, Seagate and EY have joined the Decentralized Storage Alliance, a new organization seeking to promote the benefits of a decentralized approach to storage.
Decentralized storage is a technology where data is stored on a distributed network managed by computers or nodes located in multiple locations.
The new organization, which also includes blockchain companies Protocol Labs and the Filecoin Foundation as its founding members, will reportedly focus on “boosting awareness and adoption” of decentralized technologies such as the cryptocurrency Filecoin, the file-sharing network IPFS and peer-to-peer. -peer network stack libp2p.
Why use decentralized storage?
Compared to the currently ubiquitous public cloud storage model, decentralized storage means that the centralized control and orchestration server requires significantly fewer resources, as much of the work is taken up by other machines on the network.
However, because not all computers can always be trusted over a distributed network, there is generally some degree of duplication.
What will the new organization do?
The Alliance will reportedly create a “trusted forum” where organizations can collaborate to accelerate the adoption of decentralized storage technology.
This includes developing standard specifications and reference architectures that address the “unique needs” of enterprises and providing access to educational materials, technical resources and best practices.
In addition, the organization will strive to improve the process of onboarding data to decentralized storage networks and make it easier for new data centers to log into the network.
Decentralized storage may be a word we’ll be hearing a lot more of in the future.
According to research by IDC Commissioned by Protocol Labs, nearly 86% of organizations had a positive view of decentralized storage.
“As a company with a global SaaS blockchain solutions business, we see decentralized storage as an opportunity to diversify and add resilience to our data infrastructure,” said James Canterbury, Partner and Principal at EY Blockchain. “And we see the Alliance as a critical part of this – enabling the adoption of decentralized storage and cohesion in the wider industry.”
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