Review of DeNet - Decentralized Webhosting and Data Storage

[frauswif]

DeNet: blockchain-based web hosting and data storage

DeNet is a Hong Kong-based company with a development back-office in Kazan, Russia. The project is dedicated to developing a global blockchain-based decentralized data storage and web hosting service with a marketplace platform for storing and processing data. DeNet bills itself as a secure, cheap and high-quality ‘on-demand’ infrastructure with the goal of providing a one-stop secure decentralized web hosting and data storage service, which also rents out personal processing power for profit. Owners of server equipment (i.e. computers and personal digital devices) will be able to connect their processing power to the network and rent it out to DeNet clients as a way of generating passive income.

DeNet is one of a few new projects right now that are trying to address the fundamental inefficiency of the web hosting market, which is due to the non-use of free computing power. Blockchain technology promises to provide a solution to this problem by linking idle computing power to users in need, while at the same time offering a technological framework for applying the sharing economy concept to web hosting and data storage.

The premise of DeNet’s business plan is similar to other start-ups trying to fill similar market niches (web hosting and data storage) using blockchain technology. It is based on the fact that there is a vast amount of existing computing power that is not used efficiently (there are an estimated 4 billion personal computers in the world and 90% of them have free capacities that could be leased at any given moment). The goal of the DeNet platform is to harness this idle computing power and making it available to users for the purposes of file storage and web hosting. It will use a fee-based business model to generate income from renting vacant server capacities to private and corporate clients.

The whitepaper claims that the appeal for corporate clients is that hosting a website in the DeNet network will be significantly cheaper than current hosting market costs, thanks to decentralization and the absence of any geographic or communication limitation. The whitepaper also claims that the only thing necessary to work with a website using DeNet is a web browser (google, chrome, firefox, etc.). No need to download any extra apps. The key to DeNet's success will be if it can actually come through with this intention to offer a simple hosting service with clear and concise mechanisms that are accessible to all users, regardless of their level of skill or knowledge.

Security is also a major focus of the DeNet project. All data and information will be stored in an encrypted state with no central administrator. Each website’s information will be controlled only by the owner, so data storage is completely secure. Additionally, website files will be allocated on many servers to minimize the risk of errors, data loss, and site crashes.

Why does DeNet use tokens?

It doesn’t appear that the DeNet token is necessary for the functioning of the platform. Rather, tokens will be implemented as a universal currency for all network users regardless of their location. The dedicated utility token will help make sure that all transactions are fast and traceable.

Finally, DeNet is also currently running a bounty campaign in partnership with CX, an industry-leading bounty platform.

Website: https://denet.pro/
Alpha platform: https://alpha.denet.pro/
Explainer video:

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[trofim21]

data storage is a very promising direction, I worked in several ico with a similar theme, and they all ended successfully, it shows interest in this direction

[frauswif]

Yes, lots of promise for a project like DeNet I think.

[luvr1000]

I do not understand why so many projects come out with a common data storage theme, I've already seen a lot of projects related to data, it seems to me that everything has already come in this direction, you need to understand that you have many competitors

[Bica]

Good idea. How much information can be stored by one user? From what factors does it depend?

[gerald232]

Denet.pro is a decentralized Ecosystem for Global Data with Blockchain security. This platform creates unlimited, personal and environmentally-friendly cloud storage. And that has good prospects.