Integration of blockchain and high storage applications

Cloud storage systems, content-sharing networks and other data-intensive applications traditionally rely on a centralised infrastructure. Whilst successful, these systems have significant downsides including possible security breaches, lack of transparency and single points of failure. On the other hand, blockchain technology is built on a decentralised infrastructure so potentially addressing those challenges that centralised systems create. Mathematician, Clive Humby, is believed to have first coined the phrase: “Data is the new oil. Like oil, data is valuable, but if unrefined it cannot really be used.” Unsurprisingly, data is crucial in modern life, be it for industry, communication, commerce, health, entertainment or national defence and the world's data is exponentially increasing with “74 zettabytes of data created in 2021 alone, and it is expected to reach up to 180 zettabytes by 2025” according to Statista. Big numbers so, to avoid confusion, the explanation of a terabyte is …