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Denet Blockchain Startup

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DeNet is a blockchain startup that works as a peer to peer marketplace-platform whose objective is to provide secure web hosting services globally while giving its users a chance to generate income by maximizing on its sharing economy systems. Co-founded by a 19-year-old developer, the company’s primary objective is to restore to online users the assurance of the privacy and security of personal data through decentralizing web hosting services.

How DeNet Works

By creating an alternative to the current centralized cloud-based services, the decentralized platform seeks to seal the gaps and vulnerabilities that have for long been misused to get access to personal data by unwarranted third-parties. Thus, in essence, it is giving internet users online anonymity and freedom from constant surveillance which has been a major concern across the world.

DeNet stores all data in its system in an encrypted state with the owner having total control over this information as there is no administrator to dictate where and what to do with these files. The data is further secured as the system allows for the creation of backup copies in different places globally. DeNet is not under any government jurisdiction and is a free platform which any internet user can access at any time.

As a single-stop decentralized web hosting service, DeNet will have hundreds of thousands of connected devices creating an opportunity for income earning through renting out of personal processing power for profits. This in itself opens a new world of technological advancement and a redefinition of modern internet infrastructure which rely on single host servers.

The DeNet Difference

Tests have already been launched by the company on a Minimum Viable Product (MVP) alpha-version that shows in practice the practicality of the idea. This decentralized static holding is entirely different from what other startups have tried to introduce as does not require installations of any specific browser. Online users can now upload a static domain webpage to the alpha-version and gradually get migrated to a decentralized network.

DeNet has invested heavily in research a proof that the company’s vision is in value creation and viable solutions that will be a game changer in the coming generations. A plus for its users is that given its lack of a central administration the technology cannot be handed over to a single individual or company that wants absolute control over the system

The company has also agreed to a policy where they make no claims to any profits generated by a group or individual who uses the web hosting ecosystem.

Why DeNet is the future

DeNet has been developed with a clear and simple to use mechanism making it’s hosting the simplest ever. You don’t have to worry about your levels of skills or knowledge as the only necessity for DeNet hosting is having a functional web browser.

The company has developed a transparent payment system saving users from incurring any extra costs that go towards a subscription or intermediary fees. The only payments will be for services provided which will be much cheaper than what it takes for web hosting today.

DeNet has embraced the use of tokens whose popularity have grown the rise of cryptocurrencies as they are borderless currencies. Everyone will, therefore, be assured of making secured transactions which are not limited to a region or political affiliations.

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DeNet blockchain startup. (2018, December 17). GradesFixer. Retrieved July 25, 2021, from https://gradesfixer.com/free-essay-examples/denet-blockchain-startup/
“DeNet blockchain startup.” GradesFixer, 17 Dec. 2018, gradesfixer.com/free-essay-examples/denet-blockchain-startup/
DeNet blockchain startup. [online]. Available at: <https://gradesfixer.com/free-essay-examples/denet-blockchain-startup/> [Accessed 25 Jul. 2021].
DeNet blockchain startup [Internet]. GradesFixer. 2018 Dec 17 [cited 2021 Jul 25]. Available from: https://gradesfixer.com/free-essay-examples/denet-blockchain-startup/
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