What is Market Space?
Market.space is a self managed decentralized framework and has been effectively associated with the help and improvement of information storage and transmission activities around the world. The origin of this framework arose from the need for a solid framework for the accumulation of information at reasonable costs. This framework uses the p4p show for the collaboration of business administrations and capacity. An opportunity is needed for a demand and supply framework for communication between customers and contractor workers. It serves the needs of corporate clients using encryption and reliability. It connects with suppliers that facilitate competition by offering access to information in a constant and reliable manner. Along with the storage of information, Market.
Market.space is constructing data storage space options. It is not only providing you with information storage options yet likewise it provides you with storage space services also. The major one-of-a-kind selling factor of this service is that it will certainly provide you with holding solutions and also data storage space remedies at an extremely inexpensive cost. As a result, you will be able to conveniently organize your site rather easily.
The major one-of-a-kind selling factor of this service is that it will certainly provide you with holding solutions and also data storage space remedies at an extremely inexpensive cost. As a result, you will be able to conveniently organize your site rather easily.
Since it will be done over a distributed system, you could be certain that any kind of lag in a few servers will not influence your website. At the exact same moment, scalability can be quickly accomplished. When scalability can be easily achieved, you can be certain that any added load/traffic on your internet site will certainly not affect your website adversely. The uptime of the site will be excellent too.
Main Use
With Market.space, authentic content can be seamlessly and securely distributed to intermediaries and their fees. This feature is intrinsically embedded in the system architecture, while competitors require centralization or additional apps.
Responsible data storage is carried out according to the algorithms defined in the Smart Contract. All participants are treated equally and receive compensation for their commitment to data transfer. Utilizing Distributed Ledger technology, along with the involvement of professional hosting providers, provides a totally secure and reliable service, while the exchange-based pricing request and quote system is affordable.
Advantages
Market.space is a completely reliable and super safe content distribution, transmission and data storage service.Here are few benefits of Market.space that make it stand out from its competitors.
1.It ensures round-the-clock data access.
2.It uses blockchain technology to engage professional hosting providers.
3.It provides the additional functionality of direct authentic distribution of different forms of content. It includes audio, video and text content.
4.It provides the possibility for data centers and hosting providers to earn using leasing their unused capacity. Any power of processing can be leased, only the storage capacity matters.
5.It allows seamless and secure transmission of data. It bypasses any intermediaries and their fees. Data storage is carried out responsibly in accordance with the algorithms mentioned in the smart contract.
6.The system revolves around exchange based pricing.
Project features
Reliability
As the system uses decentralization, it ensures a high fault tolerance. This is particularly useful in case of vulnerability to DDoS attacks.
The system uses guarantees contractors’ liability with insurance deposit.
A metrics objective based rating system lets the contractors to fulfill their commitments while giving choice of contractors.
The system involves storage of data that are delegated to experience hosting providers.
Anonymity
The system ensures non-disclosure of identity of the participants as there is no centralization involved.
The system has been devised and designed as a zero knowledge system.
Each link in the system stands for an encrypted part of the file. The system is temporary as only the uploader and downloader can access the files.
Affordable
There is no fixed pricing system imposed. As it works as a market place, the pricing is affordable.
A customer does not have to pay a flat amount. Payment is only for the time and storage actually used.
The system can work with unlimited number of participants. Thus, it is a marketplace working on the offer and request system. As there are no analogous services involved, the services are highly affordable.
Autonomy
The system is independent from any international or local regulations and legal norms that are associated with data transmission and storage.
Security
The system works on a distributed ledger system.
Encryption is done at all stages. The system uses proxy or a chain of proxies.
The data transmission of participants involved is remunerated.
It involves encryption of files is done in two parts, thus guaranteeing data security.
Environment Friendly
Use of professional hosting providers instead of consumer devices makes data transmission energy efficient.
Presence of professional equipment gives an efficient ratio of power consumed to volume of data stored. The overall emission of CO2emission is reduced globally.
It also makes the entire operation cost effective.
Key metrics and expectations
Today, the number of Internet users reaches 3.8 billion people 50% of the world's population. Developing countries account for the majority of users (about 2.5B). The number of users in developed countries is about 1B. By 2016, the volume of the public cloud storage market (PCS) will be $ 26.4 billion and is expected to reach $ 99 billion by 2022. On average, the market is up 24.8%] per year
Major Players
Today's list of the biggest PCS players includes OneDrive (Microsoft), Google, Dropbox and Apple with over 900 million subscribers. Apple is not reflected in most reports though since storage service is embedded in its ecosystem. Amazon and Dropbox are now leading the way in B2B. The smaller players operating in the market include pCloud, BlackBlaze, FlipDrive, JustCloud and others. There are also new people - storage service providers working on cloud storage services together with software companies like Microsoft as well as companies that set up non-centralized warehouse based on blockchain. This new market segment is now called cloud-based cooperative.
For further analysis, it should be noted that depending on the type of repository the user can target SMBs or large enterprises. They are also classified as public, private or hybrid [3] according to the implementation regime (Figure 3). In the case of hybrid repositories, part of the data is hosted on a public cloud hosting provider's server and another part - on the company's own server that it leases for a while. long time. Such
repositories combine public and private archive options so customers can choose the privacy they need.
Growth driver
The market is currently experiencing a growing demand of both individuals and businesses. The latter (SMB in particular) makes extensive use of cloud storage services to ensure uninterrupted business processes, improve customer support, and leave the traditional IT infrastructure calling for costs. substantial and professional expertise. Large enterprises primarily choose their own storage and hybrid repositories for agility and agility while saving on infrastructure maintenance. The expected increase in most industries (from production to mass media) is due to the relatively low cost of data storage and processing. Only 6% of businesses survive for more than two years after losing valuable data. More than 65% of businesses globally use cloud storage services to back up data.
Enhancing data security and anonymity will expand the target audience for PCS by manufacturing, finance and insurance, health care and retail businesses, both nationally and internationally. city
delegation. It should be noted that the demand for hybrid storage is increasing. They are relatively affordable and versatile as opposed to costly private and unsecured private clouds with their frequent data leaks.
Basic Trends
The PCS market is currently experiencing the following trends: Private
storage sharing in both the corporate and SMB segments is evolving due to insecure and inadequate quality of public stock.
The function of cloud services is advancing. This includes editing documentation, secure file sharing opportunities, team work etc.
The hierarchical blockchain-based archives are seeing an increase in popularity
Route Map
Q1, 2018
ICO
Q2, 2018
Expanding the Team, Blockchain platform and smart contracts
Q3, 2018
Legal & Economics
Q4, 2018
Basic version of customer software
Q1, 2019
Test launch
Q2, 2019
Debugging
Q3, 2019
Launch
Q4, 2019
Further promotion and expansion
Q1, 2020
Customer software for mobile platforms (Android, iOS)
Token
Token Name: MASP
ICO Day: 16-04-2018 to 27-05-2018
Token cost: 1 MASP = US $ 0.35
Incentive hours: yes
Platform: Ethereum
Money approved: ETH, BTC, BCC, LTC, BTC, Fiat currency
Minimum investment: US $ 35
Minimum limit: US $ 15 millionHard limit: US $ 50 million
Distribution
Team
