Serenity Shield Launches Global DePIN Network To Transform Data Storage
Serenity
Shield,
a
fully
decentralized
multi-chain
data
storage
solution,
today
announces
the
launch
of
its
inaugural
decentralized
storage
facility
in
Muscat,
Oman.
It
will
be
the
first
facility
of
many
to
go
live
for
testing
across
a
global
network
of
interconnected
points
at
pivotal
locations
in
India,
Portugal,
Netherlands,
USA
and
Australia.
As
further
access
points
activate
over
the
coming
months,
the
operation
promises
to
liberate
individuals
and
corporations
from
their
current
dependence
on
centralised
cloud
services
for
data
storage.
The
emergence
of
blockchain
technology
promised
mass
decentralization
–
granting
individuals
true
ownership
and
control
over
not
just
their
assets,
but
also
their
private
information
on
things
such
as
their
social
engagement,
consumer
behaviour
and
financial
investments.
But
individuals
currently
have
no
autonomy
over
the
privacy,
security
and
monetization
of
their
data
–
which
is
instead
stored,
managed,
harvested
and
sold
by
multinational
corporations.
With
this
robust
infrastructure,
Serenity
Shield
will
allow
individuals,
businesses
and
government
institutions
to
access
a
completely
new
form
of
data
storage
that
gives
redundancy,
security
and
decentralisation
by
design.
The
vast
array
of
global
data
centers
will
help
to
mitigate
the
centralised
risks
that
currently
threaten
the
widespread
adoption
of
blockchain
technology.
Venket
Naga,
CEO
of
Serenity
Shield,
explained:
“The
self-custodial
narrative
of
decentralization
hasn’t
been
able
to
stand
up
amidst
the
continued
dependence
on
centralised
cloud
services
to
store
data.
We’ve
been
focused
on
addressing
this
for
a
long
time
and
are
finally
able
to
deploy
a
remarkable
solution
in
getting
our
DePIN
facilities
off
the
ground.
In
building
and
launching
these
state-of-the-art
physical
facilities,
we’re
able
to
fully
support
a
Web3
ecosystem
beyond
the
outlining
of
conceptual
plans
in
a
whitepaper.”
Individuals
who
participate
as
node
operators
within
the
globally
distributed
network
are
set
to
benefit
from
incentive
mechanisms
such
as
token
rewards
and
utility
cost
settlements.
As
the
operations
evolve,
tokenised
energy
rewards
will
be
distributed
to
users
based
on
their
specific
locations
and
requirements,
bringing
an
unparalleled
aspect
to
a
project
of
this
kind
with
the
convergence
of
DePIN
and
RWA.
The
operation
is
also
set
to
be
funded
through
Green
Hydrogen
initiatives
for
renewable
energy
by
governments
across
the
selected
locations,
with
the
DePIN
architecture
already
aligning
with
several
sustainability
initiatives.
With
individuals
set
to
be
empowered
with
more
personal
autonomy
over
the
way
they
manage
their
data,
commercial
blockchain
projects
will
also
be
encouraged
to
contribute
resources
to
the
network
and
foster
a
collaborative
ecosystem.
Small
and
medium
enterprises
will
experience
advantages
to
supply
chain
management,
data
synchronization
and
content
distribution;
and
governmental
institutions
will
be
able
to
better
preserve
public
records
and
sensitive
information.
Venket
concluded:
“By
embracing
the
values
of
Web
3.0
and
building
upon
the
foundations
laid
by
Web
2.0,
we
are
forging
a
path
towards
a
fine-tuned
decentralised,
resilient,
and
inclusive
digital
future.
We
are
in
the
middle
of
an
exciting
digital
transformation
where
the
paradigm
is
shifting
from
centralised
to
decentralised
systems,
redistributing
power
and
control
in
unprecedented
ways.
At
the
forefront
of
this
revolution
stands
the
opportunity
for
an
innovative
Decentralised
Physical
Infrastructure
Network
to
redefine
how
we
conceive,
construct,
and
manage
physical
infrastructure.
It
makes
sense
to
start
with
the
data.”
About
Venket
Venket
Naga is
the
CEO
and
one
of
Serenity
Shield’s
strategic
investors.
With
over
30
years
of
experience,
Venket
has
played
a
key
role
in
scaling
companies
to
billions
of
dollars
in
revenues
in
India
and
the
Middle
East.
Venket’s
expertise
spans
software
development,
banking,
and
more.
From
setting
up
efficient
structures
for
business
functions
to
managing
distribution,
logistics,
marketing,
and
finance,
Venket
brings
a
wealth
of
knowledge
to
the
table.
Driven
by
a
passion
for
results
and
excellence,
Venket
thrives
in
fast-paced
environments
and
approaches
challenges
with
a
positive
mindset.
Committed
to
making
a
meaningful
impact
and
fostering
transformative
growth,
Venket
is
here
to
lead
the
way
toward
a
secure
and
prosperous
future.
About
Serenity
Shield
Serenity
Shield is
a
fully
decentralized
multi-chain
solution
dedicated
to
privacy
and
security.
It
empowers
individuals
and
businesses
to
interact
securely
and
confidently
in
the
digital
world
by
leveraging
the
power
of
blockchain
to
safeguard
and
protect
user
data.
Serenity
Shield
offers
a
unique
and
innovative
way
to
store
sensitive
data
and
document
inheritance,
ensuring
that
legacies
and
digital
assets
live
on
for
generations.
The
company’s
leading
product
–
the
StrongBox®
DApp
–
enables
individuals
to
reclaim
control
over
their
data,
identity,
and
digital
assets
while
protecting
their
loved
ones,
families,
and
businesses.
Disclaimer: The
information
provided
in
this
press
release
is
not
a
solicitation
for
investment,
nor
is
it
intended
as
investment
advice,
financial
advice,
or
trading
advice.
It
is
strongly
recommended
you
practice
due
diligence,
including
consultation
with
a
professional
financial
advisor,
before
investing
in
or
trading
cryptocurrency
and
securities.
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