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Raum Network

Ticker : Launched On : 24 February, 2022
polygon Chain: 0xAd30398629CFF198B58837caEB2c58d0D8F55f79

Raum Network Description

A Web3 based object storage solution for large enterprises as well as individual end-users. Unlike a centralized server operated by a single company or organisation, decentralized storage systems consist of a peer-to-peer network of user-operators who hold a portion of the overall data, creating a resilient file storage sharing system. Here the authors introduce Raum Network, a web3.0 based Object Storage Solution for large enterprise and individual end-users. The contract is completely stored in blockchain, thus making it auditable and transparent for the end-users. Decentralisation also reduces the dependency on the third party, decreasing the risk of failure. For the enterprise level, Raum Network provides the extreme functionality of assigning roles as per the hierarchy. The complete roles mapping is managed on the basis of public address (what we call, Digital Signature). This means every enterprise can manage the roles (For example, read-only access or read-write access) as per the requirements.

Raum Network Summary