Seize Control of Your Data

With information of data breaches and scandals across the misuse of individuals’s information turning into a worrying norm, one firm is working to place information possession again within the arms of people and organizations.

Akord is a web3 platform providing digital vaults for storage and collaboration. For the primary time, each conventional cloud and everlasting blockchain storage is mixed in a single software. This provides customers unparalleled management over tips on how to retailer, handle and share their information.

Introducing Everlasting Storage

Akord offers probably the most user-friendly answer for accessing a brand new technological providing: everlasting storage. That is doable due to Arweave, a decentralized blockchain venture that shops information ceaselessly with a one-time upfront charge.

That is realized by means of Arweave’s blockchain-like construction, the blockweave, in addition to its storage endowment.

The blockweave holds all the information saved on the community, utilizing a consensus mechanism known as Succinct Random Proofs of Access (SPoRA), to validate whether or not miners are storing all information accurately.

Everlasting storage for 200 years looks as if it might be very pricey however when thought-about over this time-frame it’s truly fairly the alternative. Storing a GB of data for 200 years costs  $6.4 at at the moment’s costs. It’s additionally necessary to know how the endowment mechanism capabilities. It permits customers to solely pay an upfront charge as soon as when storing their information on the community.

The Arweave protocol costs customers to carry a minimum of 15 replicas with extraordinarily pessimistic future assumptions. Over the previous 50 years, the price of storage on common has gone down by 30.5% yearly. To be on the very conservative facet, the endowment makes an assumption that the decline will likely be 0.5% annually when calculating the price of storing information on the community. Due to this fact, every time the price of storage decreases > 0.5% a 12 months, it stretches out the lifetime that the protocol can retailer information. Since genesis no tokens have been launched from the endowment.

On-chain or within the cloud, you determine

Akord’s vaults can both be set to Everlasting or Cloud, Public or Personal.

Everlasting vaults retailer information on the Arweave blockchain, the place data is stored for at least 200 years. All information is cryptographically immutable guaranteeing its integrity.

Saved in a whole bunch of nodes unfold throughout the globe, the decentralized nature of this storage protects towards ransomware assaults and different single-point-of-failure dangers related to conventional cloud storage suppliers.

For information that will must be deleted resulting from regulatory or different causes, Akord additionally gives cloud storage vaults. These cloud vaults can act as a testing surroundings earlier than sending information on-chain. Or, it might act as a safer different to centralized storage suppliers like Dropbox and Google Drive.

What makes Akord so safe?

Akord’s non-public vaults use true end-to-end encryption the place the person has full management over the keys. Because of this all information is encrypted on the person’s machine earlier than being despatched to Akord, including a sturdy layer of safety.

Moreover, customers maintain a restoration phrase which supplies them sole management over their account and information. This restoration phrase is the person’s safeguard. It ensures that solely they’ve entry to their saved information, akin to holding a personal key to a cryptocurrency pockets.

Such a stage of safety is so safe that not even Akord has the flexibility to entry the person’s information. The encryption keys are solely within the person’s possession, and with out the restoration phrase, the information stays inaccessible, even to Akord.

The social vault

Once we retailer information that’s priceless, we regularly need or have to share it with others, exactly as a result of it’s so priceless. That’s why Akord’s vaults could be social areas, managed privately by means of entry management or shared with the world.

Akord isn’t just for dumping information and forgetting about them, except in fact that’s what you wish to do. Their vaults are designed to be dynamic, with the flexibility to ask others and set entry controls, supply end-to-end encrypted chat, observe creation, media galleries, and an in-app notification feed.

You can too switch possession of a vault. You possibly can depart the vault and cross on management of the vault and its contents to another person.

From historic Buddhist texts to valuable household images

Since launching in 2021, the platform has seen various use circumstances. Examples embrace historic Buddhist teachings and different digital heritage tasks, NFT artists, reforestation data, insurance certificates, podcasts, accounting and authorized companies, media corporations, and plenty of particular person customers storing their valuable household images and different digital belongings.

The frequent thread between these numerous organizations, people and companies is a want to carry better management over their information.

Whether or not that’s the flexibility to make sure information will likely be preserved for future generations, secured with end-to-end encryption and real possession by means of keys, or shared and managed inside a collaborative house, Akord delivers on all fronts.

For companies and organizations, the flexibility to white label the platform helps them redefine their relationship with clients. This allows them to higher defend privateness, construct belief and earn loyalty.

When you’re enthusiastic about getting a demo of Akord, you’ll be able to book a demo here.

Sounds nice, however what if Akord not exists?

Storing information ceaselessly and by no means dropping entry sounds fairly nice. Nonetheless, corporations and merchandise come and go: what if Akord isn’t round in X years from now?

Because the Arweave blockchain is an information storage community it’s doable to host functions from Arweave, that means these “permaweb dApps” reside independently, ruled purely by their very own code.

Akord will quickly launch their very own permaweb dApp, Akord Explorer. Even when the Akord app, firm and staff stop operations, Explorer will proceed working, offering perpetual entry to information. Customers solely want their restoration phrase to hook up with Explorer. They are going to discover all their vaults and information inside.

What’s extra, Explorer additionally capabilities as a portal to discovering and following any public vault deployed on Akord. This everlasting discoverability means anybody publishing public information can guarantee their information could be found for generations to return.

Last Ideas on Seizing Management of Your Information

Information is commonly described because the “new oil.” Nonetheless, with rising issues about how this information is being dealt with, managed, and probably misused, there’s a rising want for options that put information possession again into the arms of the individuals who generate it.

Akord is positioning itself on the forefront of this motion. It’s leveraging the facility of web3 expertise to supply digital vaults the place information is saved, managed and shared securely.

Akord’s distinctive providing of each everlasting blockchain and cloud storage in a single platform, coupled with end-to-end encryption and collaborative options, units it aside. Whether or not it’s the permanence of blockchain storage or the flexibleness of cloud vaults, Akord offers a flexible platform for people and organizations to take management of their information.

Sign up for free to discover Akord’s digital vaults. When you’d prefer to subscribe to a plan, use the code AKORD30 to get 30% off your first month.