Breaking Google’s monopoly: Internxt pushes decentralized cloud as privacy co...
Data monopolists like Google have abused their position, according to Internxt's Fran Villalba Segarra. Decentralized architecture offers a solution. Privacy-focused blockchain file storage service Internxt has a lofty vision: leverage decentralized technology to break Big Tech’s monopoly over user data. Its first product, Internxt Drive, aims to compete as an alternative to Google Drive and Dropbox — without compromising personal privacy and data ownership. In an exclusive interview with Cointelegraph, Internxt CEO Fran Villalba Segarra described the core technology behind his product and....
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GFT Technologies, an IT service provider for the banking industry, has revealed it will be testing blockchain technology on Google’s Cloud Platform. GFT Believes Google’s Cloud Service Will Help Them Promote Distributed Ledger Tech. The Stuttgart-based GFT is an IT provider and business consulting service for European banks. The company has announced its....
The decentralized space continues its expansion and major brands are adopting Web3 tools, including Google’s cloud unit. Google’s cloud unit announced on Friday the formation of an internal team that will build services for blockchain developers and those running blockchain-based applications. This comes amid an explosion of interest, activity and adoption of crypto and Web3 tools from traditional sectors of the economy.Web3 infrastructure of the futureVice president at Google Cloud, Amit Zavery, reportedly told his team in an email on Friday of the aim to make the Google Cloud platform....
Cybersecurity trends in 2021 involve attacks at higher rates than in the past. Centralized storage solutions are prone to plenty of data protection challenges. StorX aims to introduce users to Decentralized storage solutions with blockchain. Cybersecurity had a difficult time in 2021 with high-profile breaches such as Colonial Pipeline and Solar Winds. Aside from that, there were also dozens of other breaches that resulted in major economic and security-related impacts. Work has rapidly shifted into remote and hybrid offices, and hackers have taken advantage of this. Vulnerabilities and....
Per a report from CNBC, big tech giant Google entered into a partnership with crypto exchange Coinbase. The partners will enable selected customers to use crypto to pay for cloud services. The announcement was made during Google’s Cloud Next conference. Related Reading: Turkey Ramps Up Efforts To Become The Next Crypto And Blockchain Hub The […]
The report said the actors usually gained access to Cloud accounts because of “poor customer security practices” or “vulnerable third-party software.” In a report aimed at assessing threats to Cloud users, Google’s Cybersecurity Action Team said that some attackers are exploiting “poorly configured” accounts to mine cryptocurrency.On Wednesday, the Google team said out of 50 analyzed incidents that compromised the Google Cloud Protocol, 86% were related to crypto mining. The hackers used the compromised Cloud accounts to access resources from individuals’ CPUs or GPUs to mine tokens or....