Rio de Janeiro, Brazil, Sept. 05, 2022 (GLOBE NEWSWIRE) — The festival brought together thousands of attendees and helped CESS showcase its cloud data storage solution to numerous industry leaders and investors.
CESS – Kumulus Encrypted Storage System – a third-generation cloud-based decentralized data storage protocol created exclusively for Web3 – has proudly sponsored the BlockchaIn Rio Festival, the largest blockchain event in Latin America. The festival started on September 1, 2022.
The event aims to bring transformative immersion and an eclectic mix of technology, business, culture and sustainability to all participants and help people, businesses and public and private concerns prepare and chart the path for future generations to follow.
The BlockchaiIn Rio Festival is one of the largest blockchain events held anywhere in the world and is a signal of blockchain awareness, innovation, research and adoption in the Latin American region. It brings together some of the brightest minds and thought leaders on the planet and features networking sessions, lectures on emerging technologies, live panels, immersive metaverse experiences, a large-scale hackathon and much more over the next few days.
Head of Marketing at CESS, John Humphreys-Ramosa keynote speaker and panelist at the event, said: “We are proud to sponsor and participate in the groundbreaking Blockchain Rio Festival and are happy to join pioneers and industry leaders in discussions on how various solutions and applications can be used to drive value generation, sustainability and positive outcomes for everyone. CESS – as a next-generation decentralized cloud storage protocol – is positioned to be the underlying technology and infrastructure that powers the Web3 applications that drive these goals.”
With the continued optimization and improvement of the testnet and the upcoming mainnet launch event, CESS will continue the summer excitement this fall – launching a year-long Pathfinder Campaign that enables CESS to reach out to the worldwide Web3 community and build a truly decentralized network. Latin America, as a new and developing region in the field of blockchain, will be the first stop of the “CESS Pathfinder Campaign” in Brazil, in which CESS will promote and share the innovation of the platform with a wider audience while builds partnerships with more Web3 projects. and Web2 businesses. With these advances, CESS is building a reliable next-generation cloud data storage for the rise of Web3.
Benefits of CESS
Multi-layer architecture: The multilayer technical architecture of CESS forms the storage system where the performance of each layer is independent of the other layers, helping to balance the system load. The online storage service is not affected in the unlikely event of a single point of failure. It also gives the network unlimited scalability, allowing it to meet future market demands.
The Miner’s Dilemma: CESS also overcomes the “miner’s dilemma” because the trustless, low-energy consumption consensus mechanism (referred to as R²S) ensures the integrity of the consensus nodes. different miners perform tasks and are incentivized individually, this prevents conflict of interest.
Storage Pool: The CESS network also “pools” storage from all nodes globally. This effectively maximizes the use of sharded storage space to realize intelligent cloud space management. CESS’s scheduling service also intelligently distributes user data to nodes across global nodes, maximizing storage space efficiency to achieve intelligent cloud space management.
Data security, Protecting sensitive and high-volume data secured, thanks to uploaded data having multiple backups, split encryption and decentralized random storage by multiple storage miners. Even if a node is maliciously attacked or if data is lost or corrupted, the multi-replica data storage and recovery (PoDR²) mechanism comes into play, ensuring data integrity, security and privacy. Additionally, the Trusted Execution Environment (TEE) provides encryption and integrity protection mechanisms for the operational processing of sensitive information.
Cost-effective and unlimited scalability: With scalable cloud storage to meet ever-increasing storage demand needs, users can purchase on-demand cloud storage at competitive prices, utilizing space effectively while reducing costs.
Worry-free data sharing: Businesses can grant or deny access to anyone and take ownership of their data while enjoying features implemented by CESS MDRC and proxy re-encryption mechanism.
Data distribution: With fast data distribution and recovery (broadcast), CESS efficiently processes “hot data” and “cold data” through an innovative indexing and memory storage mechanism, ensuring fast data transmission with recovery times within seconds or even milliseconds.
CESS can process massive amounts of high-frequency big data efficiently through storage network “pooling” and provides high data security, recovery and availability of up to 99.99% or more . Designed to be the leading decentralized storage platform of the future that is built for high-frequency, large-scale enterprise-scale applications, CESS is also creating a cohesive ecosystem with integrated proprietary technologies needed to powered Web3 in the future. Additionally, by providing users with advanced digital identity solutions, data privacy and control over their digital assets, CESS is a truly decentralized cloud storage solution with the ability to deliver on Web3’s promise of fairness, transparency and user-owned data.
About CESS
CESS is a decentralized storage solution with a unique infrastructure that separates the storage, scheduling, consensus and application layer. This helps optimize network performance and achieve massively scaled speeds of up to 10,000 TPS. CESS is the first decentralized storage project that provides complete data services for large-scale commercial applications. CESS adopts multiple mechanisms and proprietary technologies to ensure data integrity, security, traceability and privacy. The efficient, secure and scalable CESS storage system is a key infrastructure component for Web3. Ouf Random Random Rotational Selection Mechanism (R²S) solves the “farmer’s dilemma and provides a stable and efficient network. Proof of Reproducibility and Recovery (PoDR²) guarantees data availability and security. And Multi-Format Data Confirmation (MDRC) provides data ownership protection. From CESS’s system architecture, code implementations, functionality designs, product offerings and business strategies, every aspect and detail has shown CESS’s determination to deliver excellent performance as a decentralized storage.
CESS is equipped with built-in APIs and SDKs for easy deployment of network applications. It supports WASM and is compatible with EVM smart contracts, making CESS widely available for most commercial applications, even on a massive scale, with its superior data handling performance.
CESS supports use cases such as Metaverse, NFT, DeFi, streaming media and all Web2 and Web3 storage, helping to build a diverse and robust ecosystem where transactions are secured by encryption and ownership of data is returned to owners legal.
Media contact:
Robert Pennington
News via KISS PR Blockchain PR Distribution for CESS in Partnership with ThronePR
