@redphonecrypto @_jefflau File storage: look at 0Chain. Would be happy to answer any questions you might have. Built from scratch over the past 3 years, team has built its own protocols and blockchain network. We are quickly approaching our MainNet target for end of this month. 125 Service providers...
@redphonecrypto @_jefflau staking ~9m $zcn. 0Chain aims to offer decentralized storage to enhance data privacy and security while also tackling #gdpr & #ccpa compliance. partnership with oracle aims to onboard enterprises/businesses:
@redphonecrypto @_jefflau what about other competitors? Well, the likes of filecoin arweave sia etc don’t offer enterprise-grade storage. these other networks are expensive and don’t truly provide enhanced security, privacy or other benefits of a blockchain-based systems. Tech comp link.medium.com/GKdTAERooeb
@redphonecrypto @_jefflau So how does 0Chain fit in? Partnered with the likes of @oceanprotocol and @Fetch_ai, these crypto partners will leverage 0Chain’s proxy re-encryption to improve data security on data marketplaces: link.medium.com/hXvnyHYooeb
@redphonecrypto @_jefflau @oceanprotocol @Fetch_ai 0Chain’s storage platform makes it easy for anyone to plug in and join as a blobber—the entity that stores data. This way, companies & data centers can point their idle hardware to start storing data for $zcn rewards. these rewards can be then used for multitude of actions:
@redphonecrypto @_jefflau @oceanprotocol @Fetch_ai They can pay for services on 0Chain’s network with ZCN, further stake for more rewards, cash out, or build on top of the platform. The network incentivizes ‘good behavior’ through the proof-of-stake protocol. link.medium.com/2xqg93epoeb
@redphonecrypto @_jefflau @oceanprotocol @Fetch_ai Best part? anyone can leverage it, it can integrate with other chains. Fortune 100 client is building a data lake on our infrastructure and will require others to use it for data access. Web3 and polkadot? Check out our announcement monday 🌋
@redphonecrypto @_jefflau @oceanprotocol @Fetch_ai No other dstorage platform is ready for enterprise-grade use. 0Chain enables the opportunity to build decentralized social media, data exchanges, and even disrupt video streaming platforms: link.medium.com/GgUeWIb0Zbb

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More from @chadlymadly

1 Sep 20
On July 16, the Court of Justice of the European Union (CJEU) issued its decision in the case Data Protection Commission v. Facebook Ireland, Schrems:
*No one* can move data from the EU to the US since the US does not adequately protect EU citizens' rights. #SchremsII
Yes, you read that right. Since the US gov't likes to peak👀😱 at data being sent into the US and the lack of control by EU citizens, they are changing their stance on data transactions between the EU and US.
Want the full details? Great article here: iapp.org/news/a/the-sch…
This ruling makes a major statement: Data security and privacy is critical moving forward. So how will this impact the "$7.1 trillion (trans-Atlantic) economic relationship that is so vital to our respective citizens, companies, and government(?)”

Time will tell
Read 8 tweets

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