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XRoad platform, what is it? What is it for?

Août 16, 2021
4.85 (946 votes)

XRoad deploys the decentralized infrastructure needed to serve as the intersection between blockchain technology and the world’s data.

XRoad

XRoad addresses a critical need that is growing in importance by the day.

The need to maintain the integrity and security of individual data has never been more important.

While more centralized infrastructure solutions for data storage have some advantages in this regard, Storage with this platform has some advantages in this regard. It allows blockchain technology to offer a decentralized and more democratic alternative.

Blockchain ensures data integrity and security through self-verifying and self-executing smart contracts.

Smart contracts, among other benefits, eliminate the need to rely on large corporations. therefore on a third party and allow Internet users to manage digital storage in the cloud themselves, for their own benefit.

With XRoad Decentralized Storage, XRoad Locker and Oracle solutions, XRoad enables individual Internet users (we call them X-roaders) to leverage blockchain technology to conveniently access their data.

Here is the platform that aims to provide individual internet users with the decentralized infrastructure needed to serve as the intersection between blockchain technology and data.

XRoad, the answer to multiple problems:

XRoad, as you can see, addresses specific and crucial needs. For example, to improve decentralized storage.

What is decentralized storage and why is it important?

Decentralized storage, much like a decentralized oracle, is increasingly used in blockchain ecosystems to securely, efficiently, and fairly facilitate the transfer of data.
within blockchain ecosystems to securely, efficiently and equitably facilitate the distribution of transactions to the various nodes that make up a given network.

These processes and protocols also reward nodes based on their contributions, guided by the incentive policy established within the network.

In a centralized data storage solution, all of an entity’s data is housed in a single data center.
But what organizations most often want today are multiple data center strategies.

They want multiple data centers in the hopes of essentially ensuring business continuity.

XRoad, in a nutshell:

The platform deploys the decentralized infrastructure needed to serve as the intersection between blockchain technology and the world’s data.

This is made possible by XRoad Oracle, decentralized storage and XRoad Locker for user-powered interoperability between the off-chain world and smart contracts, as well as self-sovereignty of individual data.

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