Why Use Blockchain
Blockchain is the newest and, quite frankly, the best way to be storing data and information right now, and probably for a long while. Things such as large data centers which charge you a lot of money to use their services, and cloud based services are a thing of the past. With blockchain you will be able to avoid the pitfalls that these other storage facilities offer. From average individuals to big and small businesses, every person can use and benefit off of blockchain. In this article we will be going through a few of the major reasons why you should consider switching over to blockchain.
With things like data centers or cloud storage facilities, there are two major problems that come your way. First of all, regardless of whether you are a data storage provider or whether you are a use, the cost to you is quite high. Building and maintaining a large cloud based service is huge and a lot of vendors find it quite difficult covering that cost. With that the cost for the consumer goes up quite a bit too. The second major problem is the fact that these data and information storage services are often not all that secure. With such a large amount of data being stored on cloud services, both confidential information and personal information, you would assume that the data will be safe. However, that is often not the case at all as these data storage centers are easily hacked in to and information can be stolen with ease. With such high costs and the inability to provide security for the information, these cloud storage facilities do not match up to the requirements of people. This is where blockchain comes in and offers both cheaper prices and higher security. You can learn more on Yotta Laboratories.