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Space.Cloud.Unit: PowerFolder is revolutionizing the cloud market with Blockchain!

04-19-2018 01:31 PM CET | IT, New Media & Software

Press release from: dal33t GmbH / PowerFolder

Space.Cloud.Unit: PowerFolder is revolutionizing the cloud

Space.Cloud.Unit (SCU) is the next evolution in the cloud space market. With the world's first cloud building kit, users can assemble their cloud according to their own wishes and needs. The blockchain project is being developed by File Sync & Share specialist dal33t, developers of the tried-and-tested PowerFolder solution.

Dusseldorf. April 19, 2018 - Anyone who currently uses storage space in the cloud almost always has to make compromises. Sometimes a part of the memory space remains unused, the contract is too long or there are services included that are not needed, but still have to be paid for - simply because they belong to the package. "You just can’t please everyone", say the providers. Oh, really?

Yes, you can! With "Space.Cloud.Unit" (SCU) users can soon build their ideal, individually tailored cloud service, without having to sign up to inflexible bundled deals and to bind to a provider in the long term. Space.Cloud.Unit allows users to only pay for what they really need in terms of storage space, contract length, services and security standards - and not a single penny more. SCU will then make a first major step towards decentralisation of the previously rigid cloud market.

Blockchain makes it possible

At the heart of SCU is a marketplace that brings together cloud space providers and cloud space seekers. There, users can specify their requests for memory size, storage location / location of servers, time period and availability (maximum downtime). In turn, providers themselves submit appropriate offers there.
Enquiries and offers are then fully automatically matched and merged. Subsequently, a digital purchase and service contract (a "smart contract") based on Blockchain technology is automatically closed in real time. In this, scope and availability are determined and provided with a payment; this is done in the cryptocurrency "SCU - Coins", which is also generated on the blockchain.

For its part, the provider must provide technical proof that he has actually saved the data under the agreed conditions. If he is unable to do so, a contractual penalty previously filed on the Blockchain will automatically be due. For example, in the event of a server failure and the resulting temporary unavailability of the data, there are no lame excuses from an overburdened hotline, but an automatic repayment (or SCU coins) to the user.

Everyone wins with the Space.Cloud.Unit

For users, the Space.Cloud.Unit means greater flexibility through tailor-made conditions, more choice at a glance, simplification of search and contracting, data security through complete encryption and high decentralisation - and, of course, cost savings. They only pay for what they really need and get money back if there are any failures. But cloud providers also benefit, as SCU offers them an additional route to the usual channels to offer their services. Even IT service providers of all sizes can become cloud space providers in the SCU marketplace: simply make their own, unused storage available and earn money. Access to the Space.Cloud.Unit is also much easier in this regard than with the closed systems of large market vendors.

Finally, both sides ultimately benefit from the more than ten years of experience of dal33t / PowerFolder in the product development and implementation of cloud storage solutions, which are now incorporated into the Space.Cloud.Unit - which also saves development time and money. Furthermore, the connection of other open source software solutions, such as other cloud service providers, to Space.Cloud.Unit is planned. SCU - which was conceived as an open-source project - is not a hermetically sealed system, but open to all sides for growth, integration and cooperation. And that, too, ultimately benefits providers and users alike.

Financing via ICO is planned

The Space.Cloud.Unit will be funded through a multi-stage ICO, an initial coin offering, which will begin in the second half of 2018. In an ICO, unlike an IPO, where shares are sold for financing, self-generated tokens are offered that only have their value in the future product. If the project is successful, then the value of the tokens should also increase. So, if you invest early, you win. Blockchain ICOs generated $ 3.78 billion in revenue last year.

Supporters wanted

The young start-up team is currently looking for members of the Advisory Board, investors, interested parties, beta testers and other developers. Their commitment will be rewarded: they get access to the presale. More information on the SCU-website (https://space-cloud-unit.io/), in the newsletter or via telegram.

About PowerFolder

The German company dal33t GmbH, based in Düsseldorf, Germany, has been successfully developing and marketing file sync and share solutions under the brand name PowerFolder since 2007. Its offer includes both public and integrated private cloud solutions (EFSS) as individualised, on-premises services. More than three and a half million users worldwide, most of the German universities and thousands of companies use PowerFolder. With the PowerFolder app, users can access and share their files from anywhere in the world, even on the go. Security takes absolute priority: the data is always encrypted and stored on servers in Germany in compliance with the European Data Protection Ordinance (EU-GDPR). PowerFolder has the backing of the German Federal Ministry of Economics and carries the seal "IT Security Made in Germany".

Presscontact:

Matthias Steinwachs
+49 2132 9792298
steinwachs(at)powerfolder.com
www.powerfolder.com
dal33t GmbH / PowerFolder
Emanuel-Leutze-Str.11
40547 Düsseldorf

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More Releases from dal33t GmbH / PowerFolder

Space.Cloud.Unit: Distribution to seed investors has begun
SCU GmbH has started as planned with the distribution of the SCU tokens for the seed investors of the Space.Cloud.Unit. A total of 13 million of the 150 million SCU tokens generated as part of the Token Generation Event (TGE) in the summer of 2017 will be distributed gradually. Düsseldorf, 04/24/2019 - By the end of 2017, numerous seed investors had supported the trend-setting "Space.Cloud.Unit" project by purchasing SCU
Space.Cloud.Unit: Main sale postponed
The main sale of the Space.Cloud.Unit (SCU), the world's first cloud construction kit based on blockchain technology, has been postponed indefinitely. CEO Christian Sprajc cited the currently changed mood with regard to ICOs and the sluggish, but necessary examination by official bodies as reasons for the changed schedule at the PowerFolder subsidiary SCU. Düsseldorf, 18.01.2019 - After the highly satisfactory pre-sale of the Space.Cloud.Unit, which took place between October
Birmingham extends ahead with PowerFolder
Although the University of Birmingham (UoB) contract for the File Sync & Share solution PowerFolder of Düsseldorfer dal33t GmbH expires at the end of 2018, the British university decided to extend it early. Düsseldorf/Birmingham 11.05.2018 - One cannot express their satisfaction with a product better: The University of Birmingham has already extended the contract with dal33t GmbH for the use of PowerFolder, which was previously due to expire at
EU GDPR: PowerFolder’s special offer for businesses
On May 25th, the EU GDPR, the European General Data Protection Regulation comes into force. To mark this development, dal33t GmbH is offering its proven File Sync & Share solution PowerFolder at an unbeatable special price up to this deadline - providing companies a highly cost-effective way to rely on a secure solution that is Made in Germany. Düsseldorf, 13.04.2018 The entry into force of the European General Data Protection Regulation

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