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‘Hosting of the future’-Sia in Blockchain technology

siliconreview ‘Hosting of the future’-Sia in Blockchain technology

The future of the blockchain technology is altered by the major contender in the cryptocurrency and blockchain space, Sia (Siacoin). Recent studies show that Sia is trying to disrupt Amazon and Dropbox in providing a better solution. Sia is one of the few blockchain companies that are very open and straightforward about their road map.  Sia is that instead of everything being essentially hosted on central servers, Sia's blockchain technology will decentralize file storage and make it open source. Sia will then allow companies to get involved and host their own private decentralized cloud and sell that as a service to their customers. In fact this new strategy taken up by them is helpful in reducing the storage costs as well. A better solution in the blockchain technology!

According to the new strategy Sia will not be the one accepting payments from customers but instead will allow others to do so on its platform. Sia essentially provides the platform that will have users paying for storage and providers running their own private decentralized cloud. This could the beginning of the "hosting of the future" in which it's not truly based or entirely reliant on central servers anymore. The strategies are about to disrupt Dropbox and Amazon, reports say. The disruption to the technology has just begun and will definitely bring changes in every field including the blockchain technology.