Current trends and issues associated with cloud data storage The 21st century is the age of information. More and more data are generated on the daily basis creating an ever-increasing demand for storage space. Not every home computer, let alone a mobile device, can store all its own generated data. The capacity of the built-in memory is growing along with requirements for data safety. The increased volume of generated data proportionally increases the number of potential threats to the storage of this data.

With the growth in the number of devices, cloud storage services are becoming increasingly important. Many cloud storage providers promise fast, reliable and convenient services. However, the reality is a bit more complicated.

IDM has its own patented data protection technology called SIZE and is preparing to launch a new service - a global decentralized ecosystem that connects users who want to store information safely and miners who provide memory on their devices to generate income. Our development team has created a working prototype of a cloud storage service called BoobookBox. The service was launched in 2015 and has more than 2 thousand active users. The working prototype was launched to test the technology, both by developers and third-party organizations. IDM can successfully compete with all cloud data storage services, as it offers following exclusive features: o The most safe and secure data storage system and data transmission o Affordable price o The only player on the market offering this level of data protection o Savvy marketing strategy o Legal guarantee on data security IDM focuses on strictly defined segments of the consumer and business market, and takes advantage of a competitive market opportunity, namely the demand for secure data storage.