ARCHICOIN - Distributed Storage using the Stable Cryptography

In this modern time, the internet is growing very widely and too fast, especially in the Asian And African developing countries. On an average, there is about 26% rise in internet users annually. According to the “Visual Network Index Forecast” research, which was prepared by Cisco Systems company, the world volume of IP traffic will grow up three times for a period of time and by 2021, it will reach 3.3 zettabytes. The number of the internet users will reach 4.8 billion people and while the world population will increase 58 per cent. According to the Cisco company, the most fast-growing segment of the traffic in the data processing centres is the world cloud traffic, the growth rates of which are 35% and include 7.7 zettabytes. The economic difficulties pushes clients to employ cloud services.

The main driver for migration to the cloud storage is an economic expediency. It is usually cheaper for enterprises to rent software and storage space as needed than invest in the infrastructure construction.

Archicoin has wide benefits which others are not having, when comparing the present market offer between the industry competitors (like Amazon, Dropbox, Google drive, sales force).

ArchiCoin is a distributed storage that uses the stable cryptography. Instead of a centralized server, the file system is formed by an unlimited number of servers in the Internet. Anyone can provide his or her disk space to participate in the unified world system of the protected data storage.

ArchiCoin keeps all data in the encrypted form. Access to the user files is realized through the private key. No one except the owner can get access to the information downloaded in the network. ArchiCoin allows to safely store, exchange or monetize any structured data. ArchiCoin is scalable and ready for large data.ArchiCoin keeps all data in the encrypted form. Access to the user files is realized through the private key. No one except the owner can get access to the information downloaded in the network. ArchiCoin allows to safely store, exchange or monetize any structured data. ArchiCoin is scalable and ready for large data.

When you upload a file to the ArchiCoin network, it is divided into parts, then these parts are encrypted and sent to a swarm of peers. Nobody stores the whole file, even in an encrypted form. Such method of data storage has obvious advantages over keeping data on a local server. Server with data can be hacked, closed, blown up or confiscated by the court’s decision. None of these can happen to the swarm of peers.

The advantage of this system is the possibility to store unstructured and structured data. All files will be indexed with the help of blockchain and distributed on the ArchiCoin network . Users can also create a container where data will be shared. This allows the creation of distributed databases.

In addition to data storage, ArchiCoin offers secure access to user information without interacting with third parties. There’s nothing to keep a record of user files or information required for authorization, so only owners have access to data and decryption. Companies spend billions to share personal data or data securely. They are looking for flexible data access management methods. It is realized with the help of smart contracts that allow to adjust access to data without fear of leaking.

WHY CHOOSE ARCHICOIN?

Archicoin has wide benefits which others are not having, when comparing the present market offer between the industry competitors (like Amazon, Dropbox, Google drive, sales force).

The following features are available in Archcoin which the other leaders are not having;

Unlimited volume of the storage
Decentralized storage
Crypto Payment methods
Protection from data usage for advertising purposes
Distributed data storage
Independence and autonomy of nodes
Opportunity to sell volume of storage

Now if we compare the competitive ecosystem of ArchiCoin in Blockchain again, it has the following advantages over the other competitors.

Ability to store structured and unstructured data
Implementing the API for Business
Crypto Payment methods
Integration with company internal systems
Compatible with any device
Independence and autonomy of nodes
Corporate packages
Multi-functionality
Decentralization
General file search
Edit of structured Data
Beneficial long term Mining

ADVANTAGES OF ARCHICOIN

A secure way of encryption: All information in ArchiCoin is stored evenly and distributed in encrypted form in the blockchain. An access to the user files is via the private key.
Decentralization: When a file is uploaded to the ArchiCoin network, it is divided into parts that are encrypted and sent to a swarm of peers. Nobody stores the file entirely even in encrypted form, so all information is stored as securely as possible.
Different categories of data: Using the ArchiCoin service, the user can store both structured data and unstructured data
Independence and autonomy of the system: The service is completely independent, so it excludes the possible intervention of regulators or public authorities. The system is completely autonomous. In addition to the data storage, ArchiCoin offers a secure access to the user information without interaction with third party.
Guarantee of the property: No one except for the owner can get an access to the uploaded into network information. An access to the user files is done via private key.
Confidentiality: Access to the record is only available for its owner or trusted user with a help of a private key. No one else has an access to the files, including the creators of the system. No computer stores the file entirely, that makes this kind of storage as reliable as possible.
Independent verification by the distributed network: During transactions or replications, all permissions and operations must be tested in blockchain in several blocks.
Full Synchronization: Each storage is automatically synchronized with the other participants of the network, that makes the network absolutely synchronized and.accessible.
An access to data: Because of transparent and up-to-date information stored in the blockchain there will be no disputes between contractors, so there will be no need for verification of the information about the contracts. A complete set of the information about each operation is saved in the network forever, but this information can only be viewed by the deal agents. Using the opportunities of the network, companies will be able to reduce credit risks and asymmetry of information concerning the deal.
The absence and impossibility of bureaucracy: Distributed records make it possible to forget about the numerous centralized information systems that could be used to track the records and data, there is no need in waiting for the requests to various organs for information coordinating.
Speed: The fastest possible realization of transactions and information exchange. Each of the clients operates in a single database, whereas updated information is instantly distributed over the market and synchronized with the common database.
Multifunctionality: The ArchiCoin system's function allows you not only to store files in the system, but to lay out own sites, open online stores, streaming sites, server part applications. All stored information will be easily accessible from anywhere in the world, with minimal cost and lack of censoring.

Our system will be impossible to close, hack, censor or track the source of the information. This solution is perfect for the personal safe backups, the storage of corporate and financial information, the creation of a protected from censorship anonymous web hosting, and also all standard variants to use the cloud storage.

TOKEN AND ICO INFORMATION

ArchiCoin token, which will become the main accounting unit and means of payment for data storage. For the support of the blockchain work computing power of miners is required. Miners will receive a reward in tokens. The general principle is analogous to the well-known methods of forming blocks and emissions and it works on a PoW system. After launching, the distributed cloud storage system will function entirely through the ArchiCoin system. The payment for space of the storage, internal tariff and deposit on space for the storage will be performed only by this system. With an increase in the number of system users the value of the tokens increases as well as the development of the ecosystem. New users are forced to get tokens to pay for data storage and it creates a real demand in the market. In addition, we are expecting a strong investment demand during the first month after the launch of the project as a result of marketing strategy and public promotion of the project.