Fluence, a blockchain-based database provider, is announcing today the launch of its ultra-secure data storage platform for developers’ decentralized apps and platforms.
Fluence will work in the following way. Here, Fluence will access a larger developer community and high level APIs that can work together with Fluence technology. It must allow anyone to benefit from her data and build any application on top of it.
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- Complete lack of market analysis and marketing strategy
- Vague idea of the target audience
- An unfinished business plan.
The new partnership will enable Friend to move further into the blockchain space by using Fluence as a data storage network available via the Friend Unifying Platform.
Fluence is a blockchain-based, decentralized database network. Join the conversation about Fluence on Telegram here. The revenue model of the Fluence network is not mentioned, but most likely, the network will earn on commissions from transactions.
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There are information age commodities that are at the top of the value list… data, and your personal reputation.
The economy of the Fluence network is built in this way. The team behind Fluence.ai appears to have significant experience in software development and project management. Using advanced network architecture, Fluence utilizes a system of independent nodes that split up sensitive structures of data to store and manage, ensuring that data is both replicated and protected.
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The project team has experience in software and blockchain development, platform building, cryptography, copywriting.
At the time of this writing, Fluence.ai did not have specific dates established for this main token sale. Each Token project is different and the need for TokenMarket services varies - therefore sometimes all services are not provided and sometimes additional services are requested. Miners, acting as data storage providers, provide storage space and computing resources, and customers can choose any suitable provider according to their goals.
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In addition to making data vulnerable to hackers, centralizing information makes it easier for the government to exert its control.
Fluence develops API interfaces for app developers to use it as a common database. Depending on project and stage of the Token Sale TokenMarket receives a fixed fee and/or a percentage fee based on the volume of the sale. Data stored and processed in the Fluence network will have a high degree of security.
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Fluence is a decentralized network of trustless nodes designed to handle structured data.
Fluence does not have serious competitors, since no any database has the equal features as Fluence has. With the surge in blockchain-based platforms and apps, a common problem arises for developers: where can they securely store and manage their sensitive data? The Fluence project has a couple of advantages: The disadvantages of the Fluence project are as follows: Fluence is a platform created to manage to store, and monetize structured data. The brick-layers of Web 3.0 need decentralized storage solutions to keep their data secure and encrypted, to lay the foundations of Web 4.0. “Because Fluence is decentralized and designed for sensitive data storage, it eliminates a single point of failure,” said Evgeny Ponomarev, co-founder and CEO of Fluence. ), Fluence aims to distribute data across the storage space of its users. The Fluence project combines the advantages of centralized storage and processing of structured data and the advantages of a decentralized network of nodes.