INTRODUCTION ARCHICOIN

ArchiCoin is a distributed storage that uses stable cryptography. Instead of centralized servers, the file system is formed by an unlimited number of servers on the Internet. Anyone can provide their disk space to participate in an integrated data storage system. ArchiCoin stores all data in encrypted form. Access to user files is manifested via private key. No one but the owner can get access to the information downloaded on the network. ArchiCoin makes it possible to store, exchange, or monetize structured data safely. ArchiCoin is scalable and ready for large data.

When you upload a file to the ArchiCoin network, it is divided into sections, these sections are encrypted and sent to a bunch of peers. Nothing stores the entire file, even in encrypted form. The data storage method has obvious advantages compared to storing data on a local server. Servers with data can be hacked, shut down, detonated or seized by court decisions. All this can happen to a bunch of peers.

In times of economic growth, distribution of the Internet in developing countries, increase in the number of mobile devices and corporate optimization of business processes, the global traffic of the network is growing rapidly. According to the “Visual Network Index Forecast” research, which was prepared by Cisco Systems company, the world volume of IP traffic will grow up three times for a period of time and by 2021 it will reach 3.3 zettabytes. The number of the Internet users will reach 4.8 billion people and the world population will increase 58 per cent of. The world volume of the Internet traffic will triple by 2021 and will reach 3.3 zettabytes.

The advantage of this system is the possibility to store unstructured and structured data.

All files will be indexed with the help of blockchain and distributed on the ArchiCoin network
Users can also create a container where data will be shared. This allows the creation of distributed databases
In addition to data storage, ArchiCoin offers secure access to user information without interacting with third parties
There’s nothing to keep a record of user files or information needed for authorization, so only owners have access to data and decryption
Companies spend billions to share personal data or data securely
They are looking for flexible data access management methods. It is realized with the help of smart contracts that allow to adjust access to data without fear of leak
The main drivers of the traffic volume increase are developing countries and countries of the Asia-Pacific region
Countries in this region show the average annual 26% increase, they are the leaders in the Internet traffic consumption in the world

According to the Cisco company, the most fast-growing segment of the traffic in the data processing center is the world cloud traffic, the growth rates of which are 35% and include 7.7 zettabytes. The economic difficulties of push clients employ cloud services. In 2012, 39 per cent of the service load was accounted for the cloud system and 61 per cent of the work was done in traditional data processing centres. In 2017, 63 per cent of the tasks are performed in the cloud data processing centres and 37 per cent are done in traditional data processing centres.

TOKEN SALES

Use of the product One of the main advantages of cloud solutions in the modern economy is the ability to optimize the company’s spending and the use of power, for which the purchase the company does not have own resources. Corporate Use ArchiCoin offers a full range of services for the corporate block of clients and guarantees complete safety of commercial information that will avoid costs when data is hacked or stolen, a quick access to data and integration with the company’s systems at a price which is 10 times lower than the market price. ArchiCoin also makes a group access to the files, ensuring complete confidentiality and safety. It allows optimization of business processes operating activities of the company. The application area of the distributed storage is extremely huge and has many competitive advantages. Corporate sector shows high demand for the possibility of storing large arrays, which can be quickly accessed, for integration with the CRM systems of companies and office software packages for editing documents that will be automatically uploaded and unloaded to the system. However, in order to save resources, companies usually use the most profitable offers that the market offers without thinking about the safety of their own data and the network stability.

General users use ArchiCoin can also be used by simple Internet users who want to have fast, stable and protected access to their personal files, to documents all over the world with confidence that their personal information cannot be given to third party, requested by the court’s decision or used for commercial purposes. Nowadays it is almost impossible to find offers, which can ensure proper protection of the personal information, integration with the systems, which are comfortable for the user, distributed storage, and confidence that no one has an access to the document except for the user.

Token and ICO

For inner calculations the system introduces the ArchiCoin token, which will become the main accounting unit and means of payment for data storage. For the support of the blockchain work computing power of miners is required. Miners will receive a reward in tokens. The general principle is analogous to the well-known methods of forming blocks and emissions and it works on a PoW system. After launching, the distributed cloud storage system will function entirely through the ArchiCoin system. The payment for space of the storage, internal tariff and deposit on space for the storage will be performed only by this system. With an increase in the number of system users the value of the tokens increases as well as the development of the ecosystem. New users are forced to get tokens to pay for data storage and it creates a real demand in the market. In addition, we are expecting a strong investment demand during the first month after the launch of the project as a result of marketing strategy and public promotion of the project.

Project Team