The Bid Picture with Bidemi Ologunde 378. Murphy John.
In this episode, host Bidemi Ologunde spoke with Murphy John, the Ecosystem Development & Growth Manager at StorX Network (Powered by XDC). The conversation touched on StorX Networks' mission to provide users with the most privacy focused storage and backup service. StorX Network is an Open Source, Censorship Resistant Decentralized Cloud Storage Network, used primarily for storing critical Data Backups. StorX overcomes the limitation of traditional storage/backup medium which stores data unencrypted on single data silios, prone to outages and attacks. Instead StorX fisrt encrypts data with user unique private key, splits data into minute fragments, then replicates fragments and distributes it across its global network of storage nodes to provide enhance privacy, protection against outages, ransomware, and compromise, eliminating single points of failure while delivering speed, reliability, security, and global accessibility. StorX is not only reliable and resilient but helps save minimum 60% of bandwidth cost associated with traditional cloud storage systems.