This story was originally published on HackerNoon at: https://hackernoon.com/the-state-of-cloud-storage-decentralize-cloud.
The cloud storage market is 80% owned by 3 mega tech companies, and - if we want to keep our data safe - that has to change.
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The cloud storage market is forecasted to reach $235 billion by 2028. But it is dominated by hyperscalers that charge us too much and censor, delete, and lose our data. The solution is decentralized models that create safe, permanent, and secure spaces for our data, history, and truth.