Users are more aware than ever about data privacy—it’s crucial enough that significant revenue and trust can be won or lost. Currently, the top concerns with centralized providers (Amazon S3, Google, Azure) are:
- Ensuring data is kept private
- Rising costs of cloud storage
- Hackers and data leaks
- The complexity of managing data globally
However, there’s an emerging trend towards a different approach—decentralization. Decentralized cloud storage is now at a point where it’s comparable to centralized storage as not only a viable alternative but an option delivering better privacy, security with less complexity and cost.