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Sunday, July 7, 2024
bitcoin
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HomeFinanceHow Web3 improves information storage: GhostDrive joins Cointelegraph Accelerator
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How Web3 improves information storage: GhostDrive joins Cointelegraph Accelerator

What would drive the subsequent billion customers to the blockchain ecosystem? Inexperienced worth charts for associated cash, or maybe extra acceptance from governments all over the world? Each will help draw the plenty’ consideration to blockchain-based applied sciences. Nonetheless, the real-world makes use of would generate sufficient curiosity for the typical consumer to check out the expertise — an app or a service that gives utility for the end-user.

Information storage is a vital space affected by centralized monopolies that take away consumer management and information possession. In accordance with a Fortune Enterprise Insights report, the market was valued at $217 billion in 2022 and is predicted to develop to over $777 billion by 2030. Massive companies have been capable of dominate information storage effortlessly as a result of lack of competitors, inflicting a stagnation in information storage enhancements for finish customers.

Proceed Studying on Coin Telegraph

See also  Cardano, Avalanche, and Polkadot: Are They Poised to Explode?
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