Decentralized cloud storage aggregator ColdStack gets investment from Digital Finance Group

Decentralized cloud storage aggregator ColdStack gets investment from Digital Finance Group

ColdStack, a decentralized cloud aggregator, announced it has received a strategic investment from DFG — Digital Finance Group.

“We are really excited to partner with DFG. They’re one of the most reputable and successful investment companies in the blockchain ecosystem and have an excellent track record of finding the most cutting-edge projects in the sector. There’s no doubt that DFG’s involvement will help our system reach its full potential. ” said Alexander Shishow, CEO and founder of ColdStack.

The ColdStack platform aggregates decentralized data storage networks such as Filecoin. By optimizing storage solutions with its AI-based pipeline, ColdStack provides users with the most cost-efficient and secure way to store their files.

Featuring a unified Amazon S3 compatible API, ColdStack allows users to easily access decentralized storage solutions. ColdStack focuses on providing bulk storage for data that is not accessed regularly but is still required to be stored perpetually. Its tokenization system also allows users to easily create and store their own NFTs, and utilize these assets on any NFT marketplace.

“At DFG, we believe in supporting products that will solve major issues in blockchain, such as distributed data storage,” said James Wo, founder of DFG. “Coldstack, the first market aggregator of decentralized data storage is a clear example of a much-needed upgrade to a growing and promising sector of the industry. It allows users to directly connect data storage nodes without hard settings. Additionally, it can be linked to all distributed storage nodes through the Coldstack network, and users can directly aggregate with it on the Coldstack application. We are convinced that the reliability and security of Coldstack’s distributed storage will have outstanding results in the future.”

Source:
coldstack.io

Published at Fri, 09 Apr 2021 02:04:55 +0000

ALTCOIN NEWS BITCOIN NEWS BLOCKCHAIN NEWS CRYPTOCURRENCY NEWS ETHEREUM NEWS EXCHANGES NEWS LITECOIN NEWS MARKET NEWS REGULATION NEWS
Gamestop
Important Facts of Gamestop Entering into Cryptomarket
UniFarm
UniFarm Raises $2 Million After Launching Innovative Farming Pool Featuring 17 Top DeFi Projects
XRP, FTX Token, Waves Price Analysis
#HODL #SHILL YOUR SH*T COIN! #SPOTTED! #VIRALS BITCOIN SCAM WATCH FUN QUIZZES
bitcoin-scams
Top 5 Bitcoin Scams you should be aware of!
Instagram Influencer Accused of Scamming Followers Out of $2.5M In Bitcoin Scams
five assorted color cars parked inside room
WHAT WILL YOU BUY WITH YOUR BULL MARKET GAINS?
FAQ'S INTRODUCTION TO BITCOIN INTRODUCTION TO BLOCKCHAIN INTRODUCTION TO CRYPTOCURRENCY EXCHANGES
Cryptocurrency
4 Amazing Perspectives of Cryptocurrency Characteristics, Everyone Should know
How bitcoin Transactions Work
Bitcoin For Beginners: 5 Plus Important Reasons Why You Should Understand The Future Impact of Bitcoin On Society
blockchain
5 Important points about Blockchain, Cryptocurrency, and Bitcoin(Safe or Not)
EXCHANGES WALLETS
coinbase
4 Best Crypto Coins on Coinbase
flat lay gadgets beside bearded man
ULTIMATE LIST : BEST BITCOIN AND CRYPTOCURRENCY WALLETS 2021
person shopping online
2021 BEST BITCOIN AND CRYPTOCURRENCY HARDWARE WALLETS TO STORE YOUR COINS SAFE

Get more stuff like this
in your inbox

Subscribe to our mailing list and get interesting stuff and updates to your email inbox.

Thank you for subscribing.

Something went wrong.