10 tips for blockchain-based data providers looking to scale

Blockchain-based data providers face a golden opportunity: if they are able to scale their infrastructure to meet request.

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Every year, the amount of data generated around the world increases exponentially. From the explosion in the use of digital tools in the workplace to the growing use of Internet of Things devices, social media, online games, e-commerce and other digital platforms, each day sees the creation of a massive amount of data that needs to be stored securely and efficiently.

Blockchain technology provides a decentralized, immutable, and secure solution, making it an ideal option for many industries. But first, blockchain-based data providers must prove they can scale to meet the explosion in demand. By leveraging smart partnerships and creating new solutions that are compatible with what's already on the market (and familiar), the blockchain industry can lead the way in solving a problem that really needs a solution. Below, 10 members of the Cointelegraph Innovation Circle share tips to help blockchain-based data providers scale to meet ever-increasing demands for larger data storage space.

Foster collaboration

As blockchain-based data providers face growing demand for data storage, a key strategy is to foster collaboration. By forming purposeful partnerships and leveraging decentralized networks, we can collectively scale our capabilities and meet the ever-changing needs of the larger data storage space. – Vinita Rathi, Systango

Ensure seamless integration with existing storage systems

Develop standards and protocols that enable seamless integration with existing data storage systems. This strategy can ultimately attract a wider network of customers. Developing these integrations rather than starting from scratch allows existing infrastructure to remain intact while...