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The Cryptonomist news: Heart research institute Victor Chang chooses Filecoin to store its data ๐ฅ
The scientific community and non-Web3 or crypto entities are increasingly recognising the benefits of decentralised storage solutions, a prime example being Filecoin and the Victor Chang Cardiac Research Institute, a prestigious Australian medical organisation comprising over 230 scientists and 23 laboratories.
Founded in 1994 and inaugurated by the late Princess Diana, the institute recently adopted Filecoin as its preferred method of storing its vast reservoir of cardiac research data.
In a strategic move that began in September 2022, the institute switched to #Filecoin , and the migration of published public data began in November of the same year.
The main reason for this move was the significant cost savings offered by Filecoin, which effectively made traditional โon-premises storage systemsโ and cloud-based solutions obsolete.
A key benefit for the institution was the elimination of excessive data recovery fees charged by traditional cloud providers.
The decision to use Filecoin proved financially prudent given the large volume of data generated by the Instituteโs SyncroPatch machine, a medical instrument used to analyse cardiovascular cells.
This machine generates up to 20,000 data points per day, which translates into terabytes of data per week.
Filecoinโs decentralised architecture, along with its unwavering commitment to data integrity, is a perfect fit for the institutionโs needs. $FIL
The scientific community and non-Web3 or crypto entities are increasingly recognising the benefits of decentralised storage solutions, a prime example being Filecoin and the Victor Chang Cardiac Research Institute, a prestigious Australian medical organisation comprising over 230 scientists and 23 laboratories.
Founded in 1994 and inaugurated by the late Princess Diana, the institute recently adopted Filecoin as its preferred method of storing its vast reservoir of cardiac research data.
In a strategic move that began in September 2022, the institute switched to #Filecoin , and the migration of published public data began in November of the same year.
The main reason for this move was the significant cost savings offered by Filecoin, which effectively made traditional โon-premises storage systemsโ and cloud-based solutions obsolete.
A key benefit for the institution was the elimination of excessive data recovery fees charged by traditional cloud providers.
The decision to use Filecoin proved financially prudent given the large volume of data generated by the Instituteโs SyncroPatch machine, a medical instrument used to analyse cardiovascular cells.
This machine generates up to 20,000 data points per day, which translates into terabytes of data per week.
Filecoinโs decentralised architecture, along with its unwavering commitment to data integrity, is a perfect fit for the institutionโs needs. $FIL
