Music. Videos. Pictures. Games. Snaps. Tweets. Statuses. As a civilization, the amount of data we create each year is increasing at an exponential rate, driven by the proliferation of new apps, new formats, and ubiquitous recording devices. The data may come from almost innumerable sources, but today, a small number of companies handle the majority of its storage.
Among these, Amazon’s S3 cloud storage dominates, with more than one third of the market share for cloud infrastructure services globally. That’s why for the growing movement in favor of web decentralization, data storage is a critical area to address, a challenge that a handful of startups is currently trying to tackle.