The previous article discussed the Open Economy 3.0 principles that can be the basis for economic relationships between decentralized app developer, content authors, and users. Using the application store as an example, we illustrated the benefits of decentralized storage and financial incentives for developers and users. What other contexts are decentralized storage and the Open Economy 3.0 model applicable?
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Top-14 decentralized storage use cases.
1. Top-14 Decentralized Storage Use
Cases
The previous article discussed the Open Economy 3.0 principles that can be the basis for
economic relationships between decentralized app developer, content authors, and users.
Using the application store as an example, we illustrated the benefits of decentralized
storage and financial incentives for developers and users. What other contexts are
decentralized storage and the Open Economy 3.0 model applicable?
1. Storage for your files
Forget about time-consuming verification processes, registration requirements, and
other barriers to secure file storage. As of this writing, 2 TB of decentralized storage
costs $66 to maintain for a year. Compared to Google One, which has a 2 TB plan for
$99.99 per year.
Payment flexibility is an additional benefit. Decentralized cloud storage options exist
where you only pay for the uploaded files. Even when the storage isn't being used,
Google charges for it.
2. 2. Corporate cloud
The need for private storage is not necessary. You'll be able to distribute files to your
coworkers. File sharing with a flexible permissions system can be implemented
using this storage, which can also function as a corporate cloud.
3. Family cloud & Smart home devices
Families can share in-home gadgets like TVs, tablets, computers, smartphones,
Playstations, Xboxes, and many other items by using decentralized storage. Data
from these devices will be safely stored in this scenario.
4. A safe one-window access to the crypto space
Additionally, this storage can offer convenient and safe access to a user's
workstation equipped with a blockchain network switch in the Web 3.0 world. Users
will soon be able to tailor their app list for each network. Users can download and
use a variety of crypto services, including decentralized exchanges, DeFi apps, NFT
marketplaces, swaps, and games, from the dApp development market.
5. Hosting decentralized applications
Developers can host and run applications in their own secure environment using
decentralized storage. They receive payment in a decentralized storage-based
ecosystem for the traffic produced by their app. In contrast to the Apple and Google
stores, they are also not required to pay any commission to the dApp store. Through
a single service, all ecosystem applications can exchange user audiences and
receive a single sizable cryptocurrency community.
3. 6. Independent monetization of creators’ content through Open
Economy 3.0
The ability to embed any economic model for the interaction between content
producers and consumers is one of a decentralized network's most crucial features.
Your management and configuration of your earning potential in the Open Economy
is your responsibility.
7. Sync photos/videos in the cloud directly from the camera
It typically takes a lot of disc space to store image and video content, and it takes
time to copy it from the camera to the disc and then to the cloud. You can sync
pictures and videos straight from the camera because of decentralized storage.
8. Secure encrypted messengers
Instant messaging applications now have unheard-of levels of security and privacy
thanks to the integration of cloud storage. Your chats won't be read by anyone if you
protect your private key. The decentralization and encryption features of blockchain
technology make data leaks impossible.
9. In-app community tools
Secure chats for applications can be provided by a decentralized ecosystem. This
service helps dApps create a community inside of a website or app. The creation of
their Discord, Telegram, etc. channels is optional for ecosystem projects.
Developers can avoid many of the problems with centralized messengers by building
chats and other community-building tools directly into decentralized applications
(dApps) or by integrating them into the ecosystem. For instance, crypto community
4. servers on Discord are more prone to hacking. With a decentralized storage-based
messenger that is contained within the dApp, such occurrences can be prevented.
10. Crypto contacts address book
Numerous times, keeping private information (like the addresses and names of the
owners of your cryptocurrency contacts) in a traditional, centralized cloud allowed
third parties to gain access to cryptocurrency wallets and smart contracts. Sniffers
themselves are a subset of malware. When this software gains access to your
device, it looks for these specific account information.
Put sensitive information in a decentralized storage system, and a strong password
for your account will help you hide your crypto contacts from malware and stop
leaks.
11. Access to the Internet without Wi-Fi
User devices connected to a decentralized ecosystem may act as switches for other
participants, similar to how a mesh network operates in a decentralized system. The
mesh network's components only need one of them to be online. Through the
network member with the strongest Internet signal, the other network members are
given access.
12. CDN Services
Caching and temporary data storage are perfect uses for decentralized storage.
Networks that deliver content must keep a lot of data on hand. They rely on global
data centers replicating the most frequently requested data. The server that is closer
to the user geographically sends him a cached image or video. This situation is
5. vulnerable to centralized data center failures. Files are kept on the nodes closest to
the user in a decentralized network.
13. Uncensored and unblocked access to video content
Content on the internet is becoming more and more constrained. VPN services are
frequently required to access particular resources. Experience suggests that they
can even be stopped or slowed down. For this problem, a decentralized storage
network is the answer. The data that the nodes exchange cannot be recognized by a
firewall or filter. You can make sure that video content is available wherever there is
an internet connection by storing it in a repository like this. Wherever you can
connect to the decentralized storage, you will have access to the hosted content, and
vice versa.
14. Minimizing the cost of content consumption by users
Here are some examples of how this can work:
● Free listening to music or podcasts, with monetization for listening (each
author will receive income without commissions for actual unique listening).
● You are downloading programs without censorship, compensating for app
store traffic going outbound.
● In a decentralized online movie theatre, only the content viewed is paid for
(literally, you pay only for the considered part of the movie).
● Reading books with similar themes.
● Utilization of professional libraries, including photo banks, 3D libraries,
architectural drawing databases, product layout databases, and other data
types.
15. Deploying of unused storage capacities of computers
DeNet Storage addresses the issue of excessive hardware production and the
problem of inefficient utilization of existing devices. The next mining node software
6. has minimal system requirements and is compatible with laptops and mobile
devices.
This solution also provides tools for removing deleted and unclaimed data from
storage. This feature assists network users in making the most efficient use of
available resources.
Your option
The article presents a number of use cases for decentralized storage, but it is by no
means all-inclusive. These are merely the areas that are most obvious and require
development. Additionally, you can share your method for using decentralized
storage in the Telegram chat or the comments section of this article, and we'll
include it in the upcoming version of this list.