Cloud Storage Going Green | Saving More Than Just Files

Presented by

JT Olio, Storj CTO and Jesus de la Cruz, CIMMYT Digital Innovation Manager

About this talk

In recent months, there has been increasing attention on the environmental impact of crypto currency systems. A University of Cambridge analysis estimated that bitcoin mining consumes 121.36 terawatt hours a year. This is more than all of Argentina consumes annually. Storj has taken, and continues to take, important steps to conduct business in a better, more environmentally responsible way, and is determined to be the greenest storage platform in the world. Our unique model is sustainable and energy-efficient by design, utilizing existing unused storage capacity around the world. Our green architecture also offers very high data durability with an extremely low expansion factor of 2.7 thanks to erasure coding. And due to Ethereum's move away from costly, environmentally destructive Proof-of-Work (PoW) systems, and transitioning to a Proof-of-State (PoS) approach, we will be able to provide a more responsible way to store petabytes of data -- and a greener token. Join Storj CTO, JT Olio, along with Jesus Herrera de la Cruz, Digital Innovation Manager and Richard Fulss, Director of Knowledge Management and IT for CIMMYT, to discover how both organizations are committed to environmental sustainability. Specifically, we will discuss how: - Decentralization is inherently a more green and sustainable choice for storage - The PoS approach to crypto currency saves valuable energy resources and money - Storj is divesting its PoW crypto currency to lead the storage industry in sustainability - We will further lessen our carbon footprint going forward through carbon offset credits for both past energy use and any Storj transaction - CIMMYT leveraged sustainable decentralized cloud storage to help further their mission to end world hunger and poverty through smart agriculture Come learn how we are taking the lead on environmental responsibility and technical innovation to save more than just files.
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Storj (pronounced storage) created the world’s first open source decentralized cloud object storage network, Storj DCS (Decentralized Cloud Storage). Storj DCS is private by design and secure by default, delivering unparalleled data protection and privacy versus centralized cloud object storage alternatives. Default encryption, user-assigned access controls, affordable and predictable pricing, a robust library of technical documentation, and a vibrant user community enable developers to confidently, easily, and economically leverage decentralized technology to take control of their data.