PPIO Press Primer

[KakashiG]

Who are you? We are PPLabs, a global technology group dedicated to creating PPIO, a decentralized programmable storage and delivery network based on the blockchain.

What are you doing? We’re tapping into the sharing economy of P2P systems and are combining it with blockchain-based incentives to make use of the vast amount of unused bandwidth and storage resources.

It works by splitting, encrypting, and then distributing your data across a decentralized network. Any amount of data can be stored and you can have access to it at a lower price and faster rate. Our goal is to create a robust and efficient alternative to current centralized cloud storage providers like Amazon S3.

What’s wrong with the current system? From alarming data breaches and grand scale data outages to the rising costs of storage, centralized storage has a number of things wrong with it. We can create a better system that’s faster, safer, affordable, and decentralized.

Sounds good but why you? We’re spearheaded by Wayne Wong and Bill Yao, co-founders of PPTV, a P2P storage and transmission network used by 450 million users worldwide. Having built one of the largest distributed P2P distributed networks, established a strong founding team of 30 people, and secured seed funding, we believe we’re the best group to handle the task of decentralizing storage.

Which stage are you at currently? We formed in June 2018 and have already released our whitepaper, our TestNet, and published our SDK/CLI. All available on our website and Github.

Do you have plans for an ICO? At this stage no. Right now we are focused on building our decentralized storage platform so it’s the best product possible.

What’s next? Completed versions of our SDK and MainNet are scheduled to go live this year. Then we’ll continue developing applications that best utilize our technology.

How can I support your project? Visit our website, check out our TestNet, and join our community on Discord. We’ve got a developing community that’s open to everyone.

Contact Us
info@pplabs.org