What is the use of Databloc?

full lass
3 min readApr 18, 2019

Digital storage media is now one of the business opportunities that are considered promising by technology activists. Indeed, nowadays digital data storage is becoming a concern of the public and becoming a new type of need they want. This is true where most people who contribute to certain types of work need reliable data storage services. At the beginning of the emergence of digital data storage systems, this became like good news because of the emergence of a new system that was considered very potential after all this time. Therefore, digital storage media get a surge in demand and use when the initial presence. The community has switched to using a new system in data storage and this has indirectly provided support to seek wider facilities and functions.

Databloc is one of the many digital platforms that provide digital data storage services. The large number of similar platforms does not make Databloc eliminated because of its various advantages. Databloc is a digital data storage platform that carries a security system using blockchain technology. This is a new thing because most of these service providers do not yet know about using blockchain further. By using the blockchain, every data will be guaranteed a very good protection. A high level of security will be able to fight every cyber attack from irresponsible parties. Each data will also be kept consistent so that it cannot be changed in any way. This is a role supported by elastic hashing algorithms stored on the blockchain.

The Databloc system is supported by technology that is applied in StoneFusion software. StoneFusion can be said as the predecessor version of Databloc. This software has been used by more than 2,000 customers throughout the San Francisco, San Diego, Washington DC, Boston and Pakistan regions. The whole area is known as a region with a very high level of activity and related to the government security system. No wonder they use a lot of digital storage facilities provided by StoneFusion. More concrete evidence about the superiority of StoneFusion’s security system is when a number of well-known private companies entrust their data in the hands of StoneFly, the company that created StoneFusion. These companies include Disney, Wells Fargo, US Navy, and US Army. These companies certainly have very high consideration in choosing data storage services and their choice falls on StoneFusion.

Now the function of StoneFusion has been developed in the form of the Databloc digital platform. The success of StoneFusion is expected to be able to repeat itself to Databloc. Databloc is predicted to be able to gain greater attention and profit because the system it supports is something that is currently a trend in the world of technology. The more people who utilize blockchain technology, the higher the benefits that will be obtained. Recorded digital data storage service business has gained a total profit of 10 billion USD. This advantage will increase after the presence of services in the form of blockchain-based digital platforms.

The use of digital tokens will further enhance interaction on this platform in terms of transactions. Databloc applies payment for services in the form of STONE tokens and fiat currencies. The advantages obtained from payments via tokens are special discounts. This token can be used to gain further access to the Databloc platform but not for investment. Tokens are only set aside to fulfill all payment requirements and if used for investment, Databloc does not guarantee a definite advantage for this. STONE tokens will bring greater functionality within the Databloc network. The wider the Databloc network, the greater the benefits provided by this token.

The business model applied by Databloc is to reserve 75% of the capital that has been collected to be used as an incentive. This incentive will be given to each customer and service provider that works with Databloc. This effort will help grow the customer base and make it easier for Databloc to join the cryptocurrency market. The profits obtained through the sale of STONE tokens will be used to finance service providers so they want to apply the Databloc system in their networks. Whereas the profits obtained by Databloc come from 100% of the profits obtained by the service provider after the cooperation is done. The service provider will still get a portion of the profit of 10%.

More reference on the link below:

Website: https://databloc.io/

Whitepaper: https://databloc.io/DataBloc-White-Paper.pdf

Twitter: https://twitter.com/datablocio

Telegram: https://t.me/DataBloc

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