AMD strongly supports decentralized storage

AMD, Seagate, and Ernst & Young have joined the Decentralized Storage Alliance, a new organization to promote the benefits of decentralized storage approaches.

Decentralized storage is a technology in which data is stored on a distributed network run by computers or nodes located in multiple locations.

Founding members of the new group, which also reportedly includes blockchain firm Protocol Labs and the Filecoin Foundation, will focus on “raising awareness and adoption” of decentralized technologies such as cryptocurrency Filecoin, file-sharing network IPFS and peer-to-peer networking stack libp2p.

Why use decentralized storage?

Compared to the current ubiquitous public cloud storage model, decentralised storage means that the resources required to centrally control and orchestrate servers will be significantly less, as other machines on the network take a lot of work.

However, since not all computers on a distributed network can always be relied upon, some degree of duplication is usually involved.

What will the new organization do?

The alliance will purportedly create a “trusted forum” where organizations can collaborate to accelerate the adoption of decentralized storage technology.

This will include the development of standard specifications and reference architectures to meet the “unique needs” of enterprise companies and provide access to educational materials, technical resources and best practices.

In addition, the organization will seek to improve the process of onboarding data into the decentralized storage network and make it easier for new data centers to onboard the network.

Decentralized storage may be a word we will hear more of in the future.

According to IDC research commissioned by Protocol Labs, almost 86% of organizations have a positive view of decentralized storage.

“As a company with a global SaaS blockchain solutions business, we see decentralized storage as an opportunity to diversify and increase resiliency in our data infrastructure,” said James Canterbury, EY Blockchain Partner and Principal. “We see consortia as a key part of that — enabling the adoption of decentralized storage and cohesion across the wider industry.”

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