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Home Press Release

KRYPTOX is the New Generation of Cloud Storage Security

Zorge Lee by Zorge Lee
September 3, 2021
in Press Release
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KRYPTOX is the New Generation of Cloud Storage Security
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KRYPTOX brings blockchain technology to the table to assure files are both secure and not easily viewed or hacked by unauthorized users.

Here’s how the network is working. KRYPTOX organizes a shared community of users which are creating the KRYPTOX Network. These are users who rent out their spare hard drive space and bandwidth to customers.

All these users are connected over a peer-to-peer network. KRYPTOX claims this network “is orders of magnitude more secure, up to 100x faster and 70 percent less expensive than traditional datacenter-based cloud storage solutions.”

The KRYPTOX system enables users to store data in a secure and decentralized manner. It does this by using such blockchain features as a transaction ledger, public/private key encryption, and cryptographic hash functions.

Datacenters serve as the hub of cloud storage capabilities for cloud giants like AWS, box and Dropbox. But datacenters come with a high price tag for developers, providers, and users. 

KRYPTOX adds they also come with an even higher cost for data failures and security breaches. From physical servers and networking equipment to other infrastructure demands like electricity, cloud service providers spend billions of dollars every quarter just to maintain or grow their service offerings.

Follow KRYPTOX – https://www.youtube.com/channel/UC63lYcPJMQKRM3YNcuGtaFw

Join Reddit Community – https://www.reddit.com/user/Kryptoxnetwork

Zorge Lee

Zorge Lee

Lee a crypto evangelist with a deep curiosity and passion for learning and writing about everything to do with cryptocurrency. He has a background as a performing artist and songwriter and is a digital media enthusiast, with a bachelor degree in Multimedia.

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