DATABLOC OPPORTUNITIES IN ASSESSING DATA MARKETS – Jari mas

DATABLOC OPPORTUNITIES IN ASSESSING DATA MARKETS – Jari mas –

Databloc adds to the long list of digital platforms that are incorporated in the cryptocurrency market competition. The cryptocurrency that is currently in great demand by the public in its application in many transaction service functionalities makes it have its own interesting side. Trade transactions using digital currencies have spread widely and involve many users. This transaction takes place in an ecosystem called the digital platform. In it, every user can send or receive funds in the form of tokens or digital coins that have a similar function to money. But what distinguishes the two is in terms of form. Every Databloc service that is applied to fees can be paid using their digital token, STONE. This token has a very broad function within the Databloc service structure, especially in bridging users to get more facilities.

This platform is exclusively designed to meet the demand for digital data storage services or commonly referred to as Cloud. The cloud is currently supported by the use of companies that dominate the loyal user suite of Databloc services. This is of course motivated by the fact that companies have a higher data protection urgency compared to data held by individual users. But this does not mean that Databloc distinguishes the services it provides. Every user who joins the platform and uses data storage services from this platform will always be served and facilitated by a number of interesting features on this platform. All users will get the same treatment in data storage services.

Cloud becomes a very promising business opportunity because of that urgency. This triggered a number of technology development companies to take part in providing services and obtaining their own fortune from the opportunities that exist. This data service business managed to collect a total profit of more than 400 billion USD. Seeing this wide open opportunity for profit, many new cloud services have emerged from various technology companies. The more types of cloud that emerge, the competition will become increasingly fierce among them. each will find their own way to grab the user’s attention in order to give credence to the protection of their data. A similar thing also happened to Databloc which also gave birth to new innovations that became a threat to its competitors.

By presenting blockchain technology to help manage data, Databloc is the first platform in the world to combine these two things. Data storage using blockchain technology is considered as a very smart new change where all this time the utilization is limited to managing transaction data using cryptocurrency. Now, a highly trusted security system from the blockchain will be present in the data storage function and collaboration from both is expected to produce perfect functionality. The use of blockchain will provide benefits in terms of improving service and effectiveness. Data transfer does not require a long time and the technology has supported a good optimization function. This function is rarely owned by other types of cloud that only focus on data storage and security. But they often overlook the saving factor of storage capacity. This causes many users to have to buy additional capacity because the storage space is full.

In Databloc, data will be optimized especially in terms of size that will affect the availability of storage space. By eliminating all data that is deemed inactive and only fills space without any special function, the storage space will have a greater capacity to store the next data transferred to it. This can be considered as a delay for users to add greater capacity. The storage space provided by Databloc is very large and is capable of storing large amounts of data. The fees they charge are also very affordable when compared to other types of services so Databloc has a trick to compete with its predecessors who have gained previous success.

The concept of data storage designed by Databloc allows the involvement of other parties to support this platform in managing user data. The data they obtain is very large and continues to increase over time. Collaboration with similar service provider companies is needed to jointly provide services to users and obtain mutual benefits. Databloc presents a number of data managers who have pocketed extensive experience in the platform to provide opportunities for users to choose the parties they trust to manage their data. The advantages offered by Databloc to these supporting companies are as much as 80% of the fees paid by users to have storage capacity.