Decentralized Storage Alliance seeks to bridge the Web3 gap through education and advocacy

Published at: Oct. 31, 2022

Decentralized storage network Filecoin has partnered with Protocol Labs and other participants within the Web3 ecosystem to launch the Decentralized Storage Alliance. According to the announcement, one of the main goals of the newly formed alliance is to help Web2 enterprises transition to Web3 through education, advocacy and best practices.

The Alliance said it hopes to achieve this by bringing together diverse viewpoints from leading Web2 and Web3 industry players, such as Advanced Micro Devices, Ernst & Young and data storage solutions provider Seagate. The organization aspires to become a trusted space where different companies can collaborate around Web3 technologies like decentralized storage in order to accelerate its adoption.

It also seeks to provide access to educational materials and technical resources that will improve the process of onboarding data to decentralized storage networks, and make it easier for new data centers to onboard to the network.

Stefaan Vervaet, head of network growth at Protocol Labs, claimed:

“With top-tier leaders across Web2 and Web3 coming together to explore the unrealized potential of decentralized technology, this Alliance has the power to transform the foundation of the internet.”

Related: Filecoin service provider announces move to Singapore in light of tightening restrictions in China

On Oct. 25, Cointelegraph reported that another Protocol Labs initiative launched CO2.Storage, a Web3 data storage solution that intends to enable transparency for carbon offsets and address traditional storage solutions for all types of digital environmental assets, including renewable energy credits. The initiative was designed with the intention of reducing the environmental impact of Filecoin.

Tags
Related Posts
Blockchain sector drives female participation through funding and education
While it’s encouraging to see that the number of female crypto investors is on the rise, women participation within the blockchain technology sector remains low. This was recently confirmed in a report from the World Economic Forum, which found that the COVID-19 pandemic has pushed back gender parity by an entire generation. Vesselina Ratcheva, new economy and society lead for the World Economic Forum, further told Cointelegraph that women indeed remain a minority in the blockchain industry. Funding of women-led blockchain projects Fortunately, a number of new funding initiatives are being offered to drive female participation within the blockchain sector. …
Adoption / May 13, 2021
Black Americans are changing the face of crypto and blockchain through education
Despite there still being work to be done to further diversify the crypto space, many believe the blockchain sector is generally more diverse than other tech industries. This could be because cryptocurrency boasts financial inclusion and the democratization of global economics, attracting a wide variety of people from various nationalities, ethnicities, genders, etc., from around the world. Among this diverse group of participants, Black American founders and thought leaders, in particular, have helped advance the blockchain and crypto sector. While a number of these individuals have founded blockchain companies or venture capital funds, many have also placed a large emphasis …
Adoption / Feb. 25, 2021
Educating regulators will help to mitigate risks, says Figment exec
Cointelegraph's managing editor Alex Cohen interviewed Figment's staking marketing director Robert Ellison at the European Blockchain Convention (EBC) 2022. The duo discussed topics like educating regulators on blockchain and crypto, how businesses navigate uncertain regulatory landscapes and regulating staking. According to Ellison, it's crucial to educate regulators in the space to mitigate the risks of their going overboard without understanding the basics. The Figment executive mentioned that clear understanding is important because of the complicated nature of the space. He explained that: “This is the battle we're fighting, and it's interesting to see that balance geopolitically to some countries versus …
Adoption / June 27, 2022
DeFi for financial services: Alex Tapscott’s ‘Digital Asset Revolution’
Decentralized finance (DeFi) has massive potential to transform traditional financial services. Data from Emergen Research recently found that the global DeFi platform market size is expected to reach $507 billion by 2028. Moreover, the total value locked within DeFi currently exceeds $75 billion, demonstrating fast-paced growth compared to previous months this year. Yet, DeFi’s potential may still not be realized by business leaders unfamiliar with the blockchain ecosystem. This notion is highlighted in Alex Tapscott’s recent book, Digital Asset Revolution. Tapscott, co-founder of the Blockchain Research Institute and managing director at Ninepoint Digital Asset Group, told Cointelegraph that he believes …
Decentralization / July 15, 2022
10 ways blockchain developers can use ChatGPT
Blockchain technology has revolutionized the way we think about data storage and transactions, but it can also be a complex field for developers to navigate. One tool that can help simplify the process is ChatGPT, a large language model created by OpenAI. A language model is a type of artificial intelligence model that is trained on a large corpus of text to generate or predict text. It can be used to generate new text, such as in machine translation, or to predict the likelihood of a sequence of words. It uses natural language processing and machine learning techniques to learn …
Adoption / Jan. 20, 2023