Top companies tell you whether you should invest in Filecoin

Taking advantage of the new infrastructure, Alibaba Cloud announced an investment of 200 billion yuan in three years, and Tencent plans to invest 500 billion yuan in the next five years for the construction of new infrastructure. Blockchain technology, large data centers, and supercomputing centers all involve the relevant layout of distributed storage. IPFS, as the most advanced and mature distributed storage data, can provide underlying storage for services such as the Internet of Things and artificial intelligence in the 5G era, and solve problems such as data privacy that currently exist on the Internet.

Tencent's 500 billion investment will be applied to the following areas: cloud computing, artificial intelligence, blockchain, servers, large data centers, supercomputing centers, IoT operating systems, 5G networks, audio and video communications, network security, quantum computing, etc. Tencent will focus on investing in data centers. In particular, Tencent will build several large data centers with millions of servers across the country.

Although it is uncertain how much money Alibaba and Tencent will use for distributed storage, the demand for distributed storage in the Internet of Things in the 5G era will increase exponentially. As leaders in storage demand and the storage market, Alibaba and Tencent will inevitably deploy distributed storage, which will also promote the maturity of the IPFS&Filecoin market.

Following Alibaba and Tencent, Li Guannan, a technical expert at JD Finance Blockchain Laboratory, delivered a keynote speech entitled "Storage Expansion Practice Based on Fabric", directly announcing the use of distributed storage network IPFS+blockchain to solve the problem of difficulty in storing large files on the Internet.

JD.com is currently transforming from e-commerce to technology, and JD Cloud will become the underlying infrastructure of the entire JD.com ecosystem. In JD.com's view, the router is the entrance to every family. If the router + edge computing + IPFS distributed storage will generate unimaginable huge value, the family is the basic unit of society. Whoever can enter every family will become the master of the future. In the near future, IPFS will enter thousands of households.

The natural financial attributes of blockchain determine the broad application prospects of blockchain technology in the financial field. Ant Financial's large number of blockchain technology patents reflect Alibaba's ambition. JD Finance uses IPFS & Filecoin to propose a storage expansion practice solution based on Fabric, combining Fabric and IPFS to enter the field of distributed storage applications.

On June 16, 2020, Cangzhou Huawei Cloud reached a framework cooperation agreement in data center IDC business, cloud computing and distributed storage. Cangzhou Huawei officially signed the agreement at Cangzhou Yunzhi Big Data Industrial Park. Cangzhou Huawei Cloud server cluster will introduce the world's advanced IPFS distributed storage technology to build, with an investment of 400 million yuan.

Cangzhou's cooperation with Huawei Cloud is the first to deploy the IPFS distributed storage field, which will not only seize the development opportunities in this field and provide strong impetus for Cangzhou's scientific and technological innovation, but will also make Cangzhou a leading data center and cloud computing big data industry base in North China, and promote the informatization and information industrialization of the cloud computing big data industry in the Beijing-Tianjin-Hebei region.

With the advent of the decentralized era, especially the maturity of IPFS & Filecoin distributed storage networks, it will have a disruptive impact on companies like Google that rely on centralized search and entry.

How to participate in and layout the distributed storage network? Leveraging existing resources, the best choice is to occupy a position in the IPFS & Filecoin ecosystem. Recently, Google announced support for the IPFS plug-in, which means that data on the IPFS storage network can be opened in Google Chrome; and its browser has a built-in IPFS component.

As the world's largest streaming video platform, Netflix provides its users with high-quality, high-definition film and television content, and its reliance on storage is inevitable. Netflix uses peer-to-peer service technology in the IPFS system to optimize and accelerate its video services, which shows the leading position of IPFS distributed storage technology.

Netflix uses IPFS as a peer-to-peer CDN, allowing nodes within the Netflix infrastructure to collaborate and seed common seeds to adjacent nodes, thereby achieving faster distribution of containers and solving the problem of efficiently extracting container images in large-scale, multi-regional environments.