ThreeFold’s decentralized cloud crypto platform is the new internet-based in the world’s largest cloud network. In addition, it’s 100% private, making user data completely encrypted.
According to Energy Post, the Internet will consume 20% of the projected electricity demand with 8000 TWh by 2030, making it one of the most energy-intensive sectors in the world. Hyperscale data centers typically use cutting-edge technologies — facility designs, cooling systems, and workload-optimized equipment to improve efficiency, but the current centralized approach leads to many bottlenecks.
Did you know that only 44% of the global population had Internet access today? Thus, technology is unequally distributed and not accessible to everyone although. As a result, Internet access is a human right. While faster adoption is expected between 2025 and 2040 with the emergence of IoT technology solutions and decentralized networks such as blockchain, the question remains whether some countries will be left behind in the current global socio-economical developments and if they will ever catch up.
We are all aware that most companies have a traditional data cloud storage structure, making their information vulnerable in one centralized data center with many potential security risks.