This data protocol has developed easy-to-use hardware to put an end to ‘rental web’

Software alone is not enough to compete with the Big Tech. This is why, a DePIN platform has built its own devices to create a true decentralized network.$BTC

Gone are the days of using brick-sized storage units, known as hard disk drives (HDDs), to make a questionable archive of favorite songs, TV shows and movies. Today’s digital storage technologies and high-speed internet allow for everything to be stored online.$ETH

However, this creates the concept of a “rental web” in which users are not the true owners of any data. They only rent storage (via services like Google Drive or iCloud) or subscribe to a pre-populated content platform (like Netflix), and they have almost zero control over how their data is stored and shared.$BNB

While the convenience of cloud storage and streaming services has revolutionized the way people access and store data, it has also introduced significant concerns about data privacy and ownership. A recent report shows that over 77% of consumers are worried about data privacy and security in their everyday lives.

Users seek better privacy and data security

When using centralized storage services like Google Drive or iCloud, users are essentially entrusting their personal data to third-party companies, meaning that, in reality, they do not own their data. They merely rent space on a server owned by a large corporation that is part of a $100 billion industry.

As a result, users have little control over how their data is stored, accessed or shared. These companies often have terms of service that allow them to analyze, share or even sell user data to third parties, sometimes without explicit user consent. Moreover, centralized storage services are vulnerable to data breaches, exposing sensitive information to potential misuse. #web3_binance

This lack of true ownership and control over personal data highlights a fundamental flaw in the current digital ecosystem, where privacy is increasingly compromised in favor of convenience.