MóiBit is now live on Matic Network as the Decentralized storage partner

MóiBit
MóiBit Blog
Published in
2 min readNov 7, 2019

As the digital adoption accelerates, personal digital information is quickly becoming the new engine of economic growth. Over the past few years, with several high-profile breaches, privacy and user control of data has become a serious concern. Several initiatives are underway to implement decentralized storage technologies to give control of the personal data back to the user. But, to date, a key challenge has been to implement a model that has privacy, personalization, and user-specific customization on a decentralized public infrastructure with predictable performance and convenience.

Today, we are glad to announce that we are making the first giant-step in tackling this issue. Aicumen Technologies is announcing the availability of its pioneering decentralized storage solution MoiBit on the scalable Matic Network. With this release, developers will be able to deliver a decentralized storage solution with Privacy, Personalization, Predictable Performance, Enterprise-grade convenience, and immutable provenance.

Anantha Krishnan, CEO of Aicumen Technologies said, “We are at an inflection point in the journey of decentralized technologies. Mainstream adoption and enterprise-grade performance & convenience is the need of the hour. With Moibit we are able to deliver the best of decentralization and convenience to users. We are excited about the Moibit Integration with Matic Network, a leader in scalable blockchains. With this integration, we will be able to bring predictable performance for provenance enabled decentralized storage to users”.

Jaynti Kanani, Founder and CEO of Matic Network said, “Decentralized technologies harness the power to give back control of personal data to users, but have traditionally lacked the performance and convenience required to effectively achieve this on a mass-user level. By using Matic’s blockchain scaling solution alongside MoiBit’s decentralized data storage network, Dapp developers are now being empowered to create Dapps which can feasibly provide the mainstream population with verifiably secure, high-performance data storage. We are excited to usher in a new era of individual autonomy over personal user data alongside MoiBit!”

About Aicumen Technologies:

Aicumen Technologies is a US-based firm Empowering value creation in the digital economy by building trusted distributed intelligent applications using Blockchain + AI. Founded in 2017, Aicumen has launched the private beta for two of its products including MóiBit and Finets. Aicumen is also involved in the research and development of Krama Intelligence Protocol.

BUIDL on Matic and MoiBit:

MóiBit SDK codebase: https://www.npmjs.com/search?q=%40moibitjs

Link to a sample application built on Matic and MoiBit: https://github.com/moibit/Moibit-Sample-DApp/tree/matic-dapp

Tutorial video: https://youtu.be/u29swIIOalo

Reference Doc: https://docs.matic.network/integrate-with-moibit/

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