Market Space – DECENTRALIZED SYSTEM FOR DATA STORAGE, TRANSMISSION AND DIRECT CONTENT DISTRIBUTION

The demand for secure and reliable data storage is still unmet. So far the market is dominated by large cloud storage vendors although data volumes stored by their clients may vary, traditional cloud storages don’t cater for individual needs. The bundled pricing they offer means fixed storage volumes (e.g. 1 TB) and/or fixed time period (e.g. 1 month).

Absence of encyption by design and a probability of third parties accessing the data still put off a lot of potential users (especially those from the enterprise segment). It comes as no surprise given the abundant reports of data leakage, theft and compromised accounts.

Moreover, centralized data storage leaves room for data scanning which is now commonplace due to deep machine learning algorithms. The latter allow extracting data even from audio or video. This means that your valuable data can be stolen for commercial use or transferred to third parties.

The access is normally delayed for cold storage (long-term data retention implying onetime recording and rare reading) compared to other modes. With the vast majority of the hosting providers, data transfer from cold storage to a regular mode with instant access requires a fee.

Most of the cloud storage is centralized. This means that the data is to be hosted on the same server. Information is not always encrypted. Therefore, it is not difficult to steal it. Therefore, there is a need to introduce decentralized systems and advanced encryption methods that provide unprecedented reliability. Only senders and recipients of information will be entitled to full access to the files. This approach fully guarantees an absolute level of security. After all, no one will be able to steal files or change them.

Decentralized data storage on consumer devices solves the security problem. However, they are not adjusted to high load and 24/7 work. This incurs certain risks for the customer:

Data is inaccessible when the host’s PC is offline
Consumer devices are highly vulnerable to corruption, thus the chances of data loss are high
Data access speed is potentially low due to instability of the host’s Internet channel

Market.space is building data storage solutions. It is not only providing you with data storage solutions but also it provides you with storage solutions as well. The main unique selling point of this service is that it will provide you with hosting solutions and data storage solutions at a very affordable cost. As a result, you will be able to easily host your website quite easily.

Market.space is a self-regulatory, decentralized host aggregator system for storage and transmission of data and direct content distribution. This system works as a marketplace where exchange mechanisms of pricing and unlimited number of participants underlie profitability. It is a highly transparent and utterly secure platform for functions like direct content distribution. It is accepting tokens from leading blockchain storage projects like STORJ and Sia Tech. It offers a transparent platform and utterly secure storage platform. It does not involve regulations, commissions or security threats. The contractors involved in the system are remunerated. Market.space helps overcome the limitations of blockchain based and cloud based modern data storage system.

FEATURES OF MARKET SPACE

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 CO2 emission is reduced globally.
It also makes the entire operation cost effective.

HOW MARKET SPACE WORKS

Contractors make an insurance deposit.
A customer will send request for data storage. Details will include storage period, file size and more.
Available host contractors make their offer.
A list of best offers is calculated by the system,
Based on rates and features, customer chooses the best offer and makes payment.
Once the payment is verified by host contractor, a URL for file upload is sent.
The uploaded file is distributed into chunks and encrypted using a private key. Once encrypted, it is sent to server of hosting provider.
The file can be downloaded by the customer or someone with access permission using public key.

ADVANTAGES OF MARKET SPACE

Market.space aims to create a perfectly reliable and secure, yet cost-effective data storage system. Market.space brings
together professional hosting providers in one place where customers can easily approach them and choose a contractor with the best suitable price and rating.

WHY CHOOSE MARKET SPACE?

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:

Ensures round-the-clock data access.
Uses blockchain technology to engage professional hosting providers.
Provides the additional functionality of direct authentic distribution of different forms of content. It includes audio, video and text content.
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.
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.
The system revolves around exchange based pricing.

The market for data storage services is experiencing a burgeoning demand. Market.space is providing a much needed flexible and affordable storage facility with its solutions.

TOKEN SALE STRUCTURE

Start of Token Sale April 16, 2018 (11:00 GMT)
End of Token Sale May 27, 2018 (11:00 GMT)
Platform: Ethereum
Price: 1 MASP (Token) $0.35
Soft Cap: $15,000,000
Hard Cap: $50,000,000
Minimum contribution: $35
Maximum contribution: Unlimited
Money approved: : ETH, ETC, BTC, BCH, LTC, DASH, Siacoin (SC), STORJ, Fiat currency