Deposit: September 7, 2021, 08:00 UTC
Trading: September 8, 2021, 08:00 UTC
⯈ Introduction (https://www.cryptyk.io/)
Cryptyk is building the first crypto powered cloud storage for real time cloud applications. Cryptyk Tokens (CTK) will power security auditing functions for Cryptyk's upcoming cloud storage product enabling 100x better security and privacy than Amazon or Google cloud storage ... but with the speed and scalability as these centralized storage vendors. Cryptyk doesn't store files on the blockchain as it is far too slow. Instead Cryptyk uses blockchain technology as a security auditing mechanism for every user access and file sharing event.
Existing blockchain file storage vendors such as Filecoin and Storj have huge access latencies of 10-20 seconds, which makes them only suitable for slow consumer back-up applications (a small $200M market). Conversely, Cryptyk's decentralized multi-cloud storage plus blockchain auditing offers 100 microsecond latency and the same upload / download speeds as the major centralized vendors such as Google, Amazon and IBM. This allows Cryptyk Cloud storage, powered by CTK Tokens, to offer decentralized storage for all of todays real-time cloud storage applications such as live editing (a massive $70B market).
⯈ Social Media
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