Originally published on: November 07, 2024
As we immerse ourselves in a world driven by digital information, questions about data ownership, privacy, and security have become more pressing than ever. Delve into the latest episode of Hashing It Out with Elisha Owusu Akyaw as he sits down with Nicholas Zaldastani, the chairman and co-founder of CESS, a decentralized data storage network. Together, they unravel the changing landscape of data sovereignty, the significance of decentralized storage, and the potential transformation of data security through blockchain technology.
Reflecting on his experience at Oracle during the late 1980s, Zaldastani highlighted the enduring value of data and its exponential growth over the years. In today’s global economy, data has become a crucial asset, influencing various sectors such as targeted advertising and artificial intelligence. With this data-driven world, the need to safeguard data privacy and security has become paramount.
Discover how CESS, a platform founded in 2019, is revolutionizing data security in a decentralized environment. By empowering data owners with control over their information, CESS addresses the challenges posed by centralized storage models that often require users to sacrifice ownership for convenience.
At the heart of the conversation lies the concept of data sovereignty, advocating for individuals to have authority over where and how their data is stored. Zaldastani emphasized the limitations of centralized storage systems in protecting data from unauthorized access, contrasting them with decentralized networks that distribute data across multiple nodes for enhanced security.
Through innovative blockchain solutions like CESS, data is fragmented, encrypted, and replicated across nodes, making it nearly impossible for hackers to breach the entire system. Zaldastani explained how this approach enhances data security, safeguarding it from potential breaches.
In addition to exploring decentralized data storage, the podcast delves into its implications for sectors like non-fungible tokens and artificial intelligence, shedding light on the broader impact of this technology.
Don’t miss out on the latest episode of Hashing It Out available on Spotify, Apple Podcasts, and TuneIn. Stay informed about the evolving blockchain landscape by exploring Cointelegraph’s comprehensive range of insightful podcasts on the Cointelegraph Podcasts page.
