TangleHUB launches decentralized storage solution for enterprises in billion-$-market

• TangleHUB introduced the decentralized storage platform Hub Cloud with greater privacy and enhanced security than the centralized solutions.
• TangleHUB onboarded its first MVP and will allow businesses to benefit from early access to new features, dedicated support, and discounted pricing.

On Sunday, January 22, software development company TangleHUB which specializes in decentralized storage solutions announced the launch of its minimum viable product (MVP) for Hub Cloud. Several players in the blockchain space have been working on implementing decentralized storage solutions.

However, it’s easier said than done. But TangleHUB has taken up the challenge up to its sleeves. TangleHUB introduced Hub Cloud which is a revolutionary new decentralized storage platform specifically designed to provide privacy and enhanced security at a fraction of the cost of some existing centralized storage solutions.

Proudly introducing HUB Cloud: the ultimate solution for all your #decentralized cloud #storage needs. https://t.co/9xJKZuBpO6#DAG #IOTA #Shimmer #quantumsecure #DLT #Blockchain #HUBcloud #pressrelease #data #security

— TANGLEHUB (@Tanglehub_eu) January 23, 2023

At the core of Hub Cloud is the open-source decentralized storage and transfer infrastructure PIPE. It eliminates any single point of failure and ensures necessary decentralization offering performance on par with other centralized solutions.

TangleHUB also conducted the BETA testing for Hub Cloud with customers reporting increased satisfaction and peace of mind knowing that the data has been stored in the decentralized network. Dennis Schouten, CEO of TangleHUB said:

We’re excited to offer this game-changing solution to businesses of all sizes. Our mission is to empower everyone to take control of their data and protect it from potential threats. With the growing demand for alternatives to centralized solutions, we believe HUB Cloud is the perfect solution for enterprises looking to reduce their dependence on centralized cloud providers.

Onboarding its MVP Partners

TangleHUB said that they are currently onboarding their first MVP partners and also encouraging innovative enterprises in all industries looking for public cloud alternatives. Furthermore, in the coming weeks, the company is also planning to launch its S3-compatible API to decrease friction while switching to HUB Cloud.

Being an MVP partner with TangleHUB will allow businesses to benefit from early access to new features, dedicated support, and discounted pricing.

TangleHUB first unveiled its decentralized storage solutions built using the PIPE infrastructure, last year in October 2022. The decentralized storage solution is secure, scalable, fast, and gives users ultimate control over their data. It also allows easy storage and transfer of data with data channels anchored to the IOTA Tangle.

Unlike other decentralized storage solutions, PIPE doesn’t have limitations on scalability. It offers users access to store as much decentralized storage as required for immutably storing data through a single message on the IOTA Tangle.

The PIPE infrastructure helps to overcome certain limitations of IOTA such as putting practical limitations that prohibit scalable high bandwidth and high-frequency data storage use cases. Thus, PIPE will exactly cater to the decentralized storage requirements of all the DeFi apps and smart contracts running on the IOTA blockchain network.

Crypto News Flash does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to cryptocurrencies. Crypto News Flash is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned.