crypto: MARKET.SPACE

Market.space aims to provide a highly reliable and safe but cost-effective data storage system. Market.space brings together a professional hosting provider in a place where customers can easily contact them and select the contractor with the most appropriate price and rank.

Market.Space is a decentralized self-regulatory system for direct content storage, transmission and distribution. It meets some non-standard features that set it apart from the competition:

As a host aggregator, Market.Space allows professional hosting providers and data centers to lease unused storage capacity.

Our system works like a market, with no plans charged or transaction fees, which means affordable prices.

With Market.space, authentic content can be distributed seamlessly and securely to intermediaries and their costs. This feature is intrinsically embedded in the system architecture, while competitors require centralization or additional applications.

Responsible data storage is performed in accordance with the algorithms defined in Smart Contracts. All participants are treated equally and receive compensation for their commitment to data transfer. Utilizing Distributed Distributed technology, together with the involvement of professional hosting providers, provides a truly safe and reliable service, while exchange-based pricing and offerings are affordable.

About Market.space

Market.space is a decentralized self-regulatory system for direct content storage, transmission, and distribution. It meets some non-standard features that set it apart from the competition:

As a host aggregator, Market.space allows professional hosting providers and data centers to lease unused storage capacity.

Our system works like a market, with no plans charged or transaction fees, which means affordable prices.

With Market.space, authentic content can be distributed seamlessly and securely to intermediaries and their costs. This feature is intrinsically embedded in the system architecture, while competitors require centralization or additional applications.

Responsible data storage is performed in accordance with the algorithms defined in Smart Contracts. All participants are treated equally and receive compensation for their commitment to data transfer. Utilizing Distributed Distributed technology, together with the involvement of professional hosting providers, provides a truly safe and reliable service, while exchange-based pricing and offerings are affordable.

How does it work

The Market Room has raised some issues with the data storage system in use today. For example, centralized storage services such as clouds are vulnerable to hackers and thefts. There is also disagreement in terms of certain service charges.

Meanwhile, decentralized storage systems can help limit security issues, but data is not always easily accessible on demand. Consumer devices are also vulnerable to corruption.

The Space Market believes it has the potential to address this problem by combining Blockchain technology with professional hosting providers. Essentially, Market Space acts as a host aggregator, so only owners and recipients can access files that are safe, affordable, and reliable.

The Space Market website outlines the following 8-step process:

Contracting parties make a deposit.
Customers send storage requests with details such as file size and storage duration.
Some hosts responded by bidding.
The best deals are made.
Customers can choose one or more host and pay.
The host accepts payments and sends the client a URL to upload the file.
The customer uploaded the encrypted file with the private key and sent it to the server the host selected by the customer.
Neither the customer or the third party to whom the customer grants access to the file can download the file with the key

MARKET PLACE FEATURES

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.

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.