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Wednesday, 11 October 2023 23:05

The dawning of decentralised Web3 data storage

GUEST OPINION by Ed Gage, Vice President, Seagate Research Group: Web2 has been the predominant industry standard for years, and users have grown accustomed to the speed and capabilities that come with it. According to IDC, the Global DataSphere is expected to generate 291ZB of data in 2027.

As the datasphere grows, data storage solutions will need to evolve to keep up with organisations’ cost requirements, data security and availability needs. This is where Web3 comes in, as the storage and retrieval mechanisms that will allow Web3 to pass the Web2 standards are in rapid development.

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