Flashback - Behind the Brand
A conversation with Flashback founder Brieuc on decentralized storage, innovative token models, and reshaping the cloud infrastructure landscape for Web3.
Flashback - Behind the Brand
Our founder interview series offers an opportunity to gain insights directly from the innovators shaping the future of crypto and Web3. By speaking with founders firsthand, we hope to uncover valuable perspectives on the challenges, opportunities, and trends driving the industry forward.
Each conversation takes us behind the scenes of different brands Noir has helped to shape, exploring their distinctive approaches, strategies, and vision. We hope these conversations will not only inform and inspire but also provide practical lessons and deeper understanding for anyone working in crypto and Web3.
Q: “Hi Brieuc, let’s start with an introduction about yourself and your journey into the cloud storage space. What inspired you to create Flashback and focus on decentralized storage solutions?”
A: Ever since I was a child, I've always been curious about science and technology. I got my first computer at the age of 3. I was always curious to understand how the world is running (and I am still learning haha!). I learnt many application fields from quantum mechanics to signal processing and computer science.
I would say my journey started in 2016. At this time, I discovered two new universes: AI during my PhD thesis and blockchain by curiosity and financial diversifications. Indeed, like many, I discovered the cryptocurrency ecosystem because I was looking to diversify my income. Strangely, I learned about the blockchain incentive mechanisms with the “Ethereum killers” like EOS, Lisk, or Ark, which gave me a deep understanding of the consensus. During the crash of January 2018, I realized that this universe was just like the Western world. Taking financial risks was one thing, and my cautious nature was tested. I enjoyed the community aspects and the developed technologies and decided to test myself as a community moderator in 2018 with Bitcore. In the meantime, I pursued my thesis and discovered more and more about the world of cloud storage and computing for training and deploying my AI algorithms. During my thesis, I realized that I didn't want to be an entrepreneur, and this feeling is growing day by day.
In 2019, I made the discovery of Sinovate while finishing my PhD thesis and joining the adventure with a startup as I wanted to understand what was the startup universe. Sinovate pivoted from scalability issues to using their infrastructure to solve security and privacy issues while offering a new network economy compared to Filecoin or Arweave. I found this very exciting, since in my corporate experience, I've had to deploy on-premise solutions for these problems. So I joined the community where I actively participated to help make the project a success.
Arriving at the end of 2022, during a discussion with the project manager, Tamer Dagli, he told me about the project's difficulty in continuing to exist and the technical and conceptual problems encountered by the lead developer. At the same time, a report on Coingecko called “The State of Decentralized Storage” echoed the failure of decentralized data storage solutions.
The question was, "Why?" I was seeing more and more companies around me with this need for confidentiality, sovereignty, and interoperability that decentralized data storage solutions offer, and yet they weren't having any success. It was in discussions with Giacomo Milligan, my first partner, that we discovered a clear observation. Existing solutions, and even Sinovate, don't encourage data hosts (datacenters) to provide optimal quality of service, resulting in a degraded user experience for high-value hosts and developers alike. As a result, these solutions can only become cold data storage solutions, i.e., systems for archiving data. However, 99% of use cases require hot data storage, such as the use of datasets for learning purposes, which I myself needed. We have identified a clear problem: these solutions are not designed to encourage the retention of high-value data hosts.
And so Flashback was born to solve this problem with a vision: To become the standard decentralized physical infrastructure network (DePIN) for hot storage for all companies with data-intensive applications, by promoting the best quality of data hosting.
Q: “Flashback is set to launch the $FLASH token soon. How do you envision this token contributing to the growth and sustainability of the Flashback ecosystem?”
A: I believe that a token must be issued because it meets technical constraints. In our case, our $FLASH token is a mandatory step to ensure the decentralization of the protocol and the incentive model, which would otherwise not be decentralized from our point of view. $FLASH therefore rewards network hosts through staking, and enables users to pay data hosts through a system of intelligent contracts for storing client data. The $FLASH token will guarantee the security and growth of the network through an incentive model based on the quality of data hosts.
The $FLASH token will also play an increasingly important role as we deploy the necessary functionalities (EVM, smart contracts, L2) to develop projects wishing to integrate into our ecosystem. $FLASH will also be used within the community, with distribution to public and private investors. This will establish a solid foundation, and we will develop the community through ambassador programs and other community involvement mechanisms in the early years of the project. Finally, the $FLASH token will contribute to the structuring and sustainability of the project with the development of increasingly decentralized governance over time (DAO).
In contrast to many other projects, and on the basis of experience accumulated over the last 7 years, decentralized governance must be achieved gradually and surely, since participants must not only appropriate the technological concepts, but also create an audible harmony between the participants in decentralized governance. I believe that data hosts will become the first members of this community and of the DAO, and the foundation of a broader community.
Q: “With the recent rebranding of Flashback, how has the new brand identity resonated with your community and stakeholders? Can you share any feedback or success stories that have emerged since the rebrand?”
A: Rebranding is always a challenge: I had to learn to recognize what the market wants. The rebranding to Flashback was very positively received by the community, our partners and stakeholders. Without a doubt, the Flashback presentation at ETHCC also enabled me to test the waters with a new audience who appreciated the name and the narrative around Flashback.
I was able to attract the attention of all the investors in the room, something I'd rarely done with the previous name. Flashback has also changed our image on LinkedIn and helped us acquire more followers. Flashback resonates in the heads of our audience and will have the impact of a brand for a project without limits. The positive feedback and appreciation of the brand has convinced me that we've made the right choice.
Q: “Attracting high-quality storage providers is crucial for maintaining the performance and reliability of your network. How does Flashback plan to attract and incentivize these providers to join and contribute to the ecosystem?”
A: Attracting high-quality data storage providers, known as data hosts, is an everyday challenge. The project is still in its infancy, and has many development and integration stages to complete. Our mission with future network hosts and validators is twofold.
The first is the decentralized business model of the Flashback network. Today, a project like Filecoin has an ARR of 3 million USD, while the industry's revenue is 180 billion USD. Archiving doesn't make money, and mining with storage is counter-productive. Hosters' participation must evolve according to network usage, which is why our incentive model will be based on the quality of their services. The more efficient they are at providing data, the better they are remunerated. Flashback offers hosters the opportunity to validate the blockchain by staking, which guarantees a fair and equal income for each node; I see it as a flat-rate remuneration.
The second is the Flashback network participation model. We've noticed that many projects give little or no prominence to storage providers. We want to change this by offering two options: an early sale of utility tokens to become a storage provider, and an ambassador program dedicated to storage providers to put them at the forefront of our infrastructure. In this way, they will be able to contribute fully to the network and its evolution, as they are the guarantors of the network's stability.
Q: “Real-time data access is a significant feature of Flashback. How does this capability set you apart from other decentralized storage solutions currently available in the market?”
A: Realizing 'real-time access' requires an understanding of what is essential in the user experience. Our decentralized competitors have chosen to ensure that the network grows structurally by encouraging the donation of data storage space. However, we quickly identified that this acquisition vector is the cause of their non-adoption. What's more, we believe that the content-driven network should be the responsibility of the service. There are laws in each country and we have to respect them, and each service has its own requirements. So it's also normal that the protocol doesn't encourage the use of standards like IPFS, but is agnostic to solutions for transferring and storing data.
We have therefore been working on the economic and incentive model to secure the optimization of the user experience. So, unlike other DePIN-based data storage solutions, we have the capacity to enable the development of so-called "hot-storage" solutions, which will be unique in the web3 ecosystem. Our aim is to become the hot data storage solution for all individuals and companies seeking a compromise between confidentiality and security, a solution equivalent to on-premise but in the Cloud.
Q: “The Flashback ecosystem merges EVM with decentralized storage. How does this interoperability benefit developers and businesses, especially those transitioning from Web2 to Web3?”
A: Flashback is first and foremost a decentralized data storage solution, and if the developer or company has developed a dApp on an ecosystem like Solana, Starknet, or Cosmos, they can use the Flashback protocol without having to recreate their dApp because our solution is operable with any ecosystem. The use of EVM allows developers who have not yet created dApps to enjoy all-in-one solutions with EVM and data storage. EVM is therefore a bonus for those wishing to develop web3 features directly with Flashback.
I want to make it clear that the EVM executes Solidity code and is the gateway to learning web3. Today, 60-70% of developers use EVM, and we hope that Flashback will enable them to enjoy a unique experience, as well as helping web2 developers move up the skills ladder to web3.
At the same time, data storage using the nodes hosting the data thanks to the Flashback protocol can be done directly without using the EVM. In fact, the Flashback protocol can be easily integrated with all existing web applications. The use of APIs and RPCs is not unique to web3 technology.
The challenge lies in the fact that many developers today rely on services and deployment solutions from major players such as Google Cloud or Amazon Web Services. We therefore believe that developing such services on Flashback with the best user experience will reinforce the transition from web2 to web3, but we're not blind: these services are extremely advanced and understood by developers. Contrary to popular belief, Flashback competes with decentralized and centralized infrastructures, but not with enterprise services with centralized or decentralized governance. We want our protocol to remain decentralized in its governance and so, by its very nature, if Google Cloud integrates Flashback and participates in validation nodes, it would be a centralized nature to oppose it.
Q: “Given the rapid development of decentralized technologies, what challenges have you faced in building Flashback’s infrastructure, and how have you overcome them?”
A: Flashback's development met several challenges. Choosing the basic architecture and reward mechanisms is always time-consuming, and above all, we had to define the degree of decentralization in our solution. Designing the prototype was our first challenge, and we had many iterations. If you're familiar with Ockham's razor, I'd say that this philosophy of thinking enabled us to resolve many of our integrations.
Today, we're facing a new challenge: deploying the test network on the sidelines to validate our solution with external players. We're certain that this test network will encounter problems that we didn't anticipate in the prototype. We've got a long way to go, and the technology still has some way to go to reach maturity for its final launch on the main network. We also know that our prototype will have limitations such as scalability and gas costs, which we are already working on in anticipation with ecosystems like Starknet to resolve.
Q: “Flashback is built as a Layer-1 blockchain. Could you explain the advantages of this architecture, particularly the integration of the Proof-of-Stake-Spacetime consensus mechanism?”
A: Our first version of Flashback is a Layer 1 blockchain solution, which required an effort to harmonize the blockchain and the proofs of data storage. We've taken over an Ethereum sublayer to retrieve a block validation with the proof of stake. Following this, the validator will have the option of providing storage space to the network with the data storage submission. This submission uses proof-of-replication (PoRep) and proof-of-spacetime (PoSt) to submit storage space ("sector sealing"). It's this hybridization of proof-of-stake and proof-of-data-storage that we call proof-of-stake-spacetime.
This proof is likely to undergo technical evolution depending on the results of our test network. It is this flexibility that will enable the Flashback network to enjoy the effective security of its blockchain and data storage provision according to network demand and operator capacity. We are convinced that demand must be Flashback's growth vector, and that data storage must evolve with the services deployed on it. This will enable data storage providers, whatever their form and capacity, to participate effectively in the network.
Q: “Flashback is designed to cater to a wide range of industries. What are the top three use cases you see for Flashback, and how will it benefit different sectors?”
A: It's true that Flashback's potential is limitless, as companies increasingly need to store data for their digital processes. Today, we see innovative industries needing to reduce their costs to be as competitive as possible, while at the same time improving their user experiences and confirmations.
The first sector is Artificial Intelligence. AI has many variations, but deep learning machines are the solutions found in ChatGPT or Tesla's autonomous driving. These companies need to collect astronomical quantities of data, whether real or synthetic. For the machine to learn, it needs to call on datasets that can be distributed and stored in numerous data centers. However, latency and slow data transfer are detrimental to the speed of learning, which has a significant impact on the company's bottom line. In addition, the European and American AI Acts make particular demands on the origin and viability of data. Flashback is the solution to these problems.
The second sector is video games. Today, they have become an integral part of our lives, and more and more people are playing them. It's important to understand that the growing demand for gaming, and particularly online gaming, is driving the need to store increasingly complex information on player statistics, game card status and other particulars. Beyond this, gamers have increased the sharing of their experience with streaming and other systems that demand to protect their privacy while maintaining a smooth user experience. Flashback will ultimately be the solution for many companies looking to reduce onsite infrastructure costs while benefiting from better governance and confidentiality of their players' data.
The final sector is finance. The expansion of traditional and decentralized finance tools has shown us that many companies need to centralize data from different ecosystems in order to study them and act on financial decisions. Today, finance has taken an important step in the evolution of companies. Nevertheless, financial data are also metrics that we want to be able to control and manage. Flashback will enable us to do just that, with a user experience equivalent to that of the traditional Cloud.
Q: “Looking ahead, what do you see as the future of decentralized cloud storage, and how will Flashback continue to innovate to stay ahead of industry trends?”
A: Flashback is still in its infancy, and many protocols are being put in place to help improve cloud storage. The future of decentralization in this industry will depend on the harmonization of solutions, their interoperability, the cost limitations of blockchain and its scalability. I believe that data storage with DePIN solutions will be increasingly integrated into web3 enterprise solutions, or as the first choice in the evolution of their business. In the long term, I'm convinced that centralized service companies, under ever-increasing demand from their customers, will integrate decentralized infrastructures to meet their needs for interoperability, confidentiality, sovereignty, governance and cost management.
For Flashback, the innovation of its technology is based on our unique understanding of web3 and the data storage industry. We recently partnered with Starknet to investigate the scalability of our solution, and I firmly believe that the future lies in composability and multiple ecosystems. Of course, data storage is not limited to blockchain and its technologies. I want Flashback to become a new chapter in the economics of cloud storage infrastructures and services. The emergence of solutions based on predictive models derived from AI to manage the flexibility of contracts according to the prices of each storage node is therefore highly possible.
Thanks Brieuc!
Our founder interview series offers an opportunity to gain insights directly from the innovators shaping the future of crypto and Web3. By speaking with founders firsthand, we hope to uncover valuable perspectives on the challenges, opportunities, and trends driving the industry forward.
Each conversation takes us behind the scenes of different brands Noir has helped to shape, exploring their distinctive approaches, strategies, and vision. We hope these conversations will not only inform and inspire but also provide practical lessons and deeper understanding for anyone working in crypto and Web3.
Q: “Hi Brieuc, let’s start with an introduction about yourself and your journey into the cloud storage space. What inspired you to create Flashback and focus on decentralized storage solutions?”
A: Ever since I was a child, I've always been curious about science and technology. I got my first computer at the age of 3. I was always curious to understand how the world is running (and I am still learning haha!). I learnt many application fields from quantum mechanics to signal processing and computer science.
I would say my journey started in 2016. At this time, I discovered two new universes: AI during my PhD thesis and blockchain by curiosity and financial diversifications. Indeed, like many, I discovered the cryptocurrency ecosystem because I was looking to diversify my income. Strangely, I learned about the blockchain incentive mechanisms with the “Ethereum killers” like EOS, Lisk, or Ark, which gave me a deep understanding of the consensus. During the crash of January 2018, I realized that this universe was just like the Western world. Taking financial risks was one thing, and my cautious nature was tested. I enjoyed the community aspects and the developed technologies and decided to test myself as a community moderator in 2018 with Bitcore. In the meantime, I pursued my thesis and discovered more and more about the world of cloud storage and computing for training and deploying my AI algorithms. During my thesis, I realized that I didn't want to be an entrepreneur, and this feeling is growing day by day.
In 2019, I made the discovery of Sinovate while finishing my PhD thesis and joining the adventure with a startup as I wanted to understand what was the startup universe. Sinovate pivoted from scalability issues to using their infrastructure to solve security and privacy issues while offering a new network economy compared to Filecoin or Arweave. I found this very exciting, since in my corporate experience, I've had to deploy on-premise solutions for these problems. So I joined the community where I actively participated to help make the project a success.
Arriving at the end of 2022, during a discussion with the project manager, Tamer Dagli, he told me about the project's difficulty in continuing to exist and the technical and conceptual problems encountered by the lead developer. At the same time, a report on Coingecko called “The State of Decentralized Storage” echoed the failure of decentralized data storage solutions.
The question was, "Why?" I was seeing more and more companies around me with this need for confidentiality, sovereignty, and interoperability that decentralized data storage solutions offer, and yet they weren't having any success. It was in discussions with Giacomo Milligan, my first partner, that we discovered a clear observation. Existing solutions, and even Sinovate, don't encourage data hosts (datacenters) to provide optimal quality of service, resulting in a degraded user experience for high-value hosts and developers alike. As a result, these solutions can only become cold data storage solutions, i.e., systems for archiving data. However, 99% of use cases require hot data storage, such as the use of datasets for learning purposes, which I myself needed. We have identified a clear problem: these solutions are not designed to encourage the retention of high-value data hosts.
And so Flashback was born to solve this problem with a vision: To become the standard decentralized physical infrastructure network (DePIN) for hot storage for all companies with data-intensive applications, by promoting the best quality of data hosting.
Q: “Flashback is set to launch the $FLASH token soon. How do you envision this token contributing to the growth and sustainability of the Flashback ecosystem?”
A: I believe that a token must be issued because it meets technical constraints. In our case, our $FLASH token is a mandatory step to ensure the decentralization of the protocol and the incentive model, which would otherwise not be decentralized from our point of view. $FLASH therefore rewards network hosts through staking, and enables users to pay data hosts through a system of intelligent contracts for storing client data. The $FLASH token will guarantee the security and growth of the network through an incentive model based on the quality of data hosts.
The $FLASH token will also play an increasingly important role as we deploy the necessary functionalities (EVM, smart contracts, L2) to develop projects wishing to integrate into our ecosystem. $FLASH will also be used within the community, with distribution to public and private investors. This will establish a solid foundation, and we will develop the community through ambassador programs and other community involvement mechanisms in the early years of the project. Finally, the $FLASH token will contribute to the structuring and sustainability of the project with the development of increasingly decentralized governance over time (DAO).
In contrast to many other projects, and on the basis of experience accumulated over the last 7 years, decentralized governance must be achieved gradually and surely, since participants must not only appropriate the technological concepts, but also create an audible harmony between the participants in decentralized governance. I believe that data hosts will become the first members of this community and of the DAO, and the foundation of a broader community.
Q: “With the recent rebranding of Flashback, how has the new brand identity resonated with your community and stakeholders? Can you share any feedback or success stories that have emerged since the rebrand?”
A: Rebranding is always a challenge: I had to learn to recognize what the market wants. The rebranding to Flashback was very positively received by the community, our partners and stakeholders. Without a doubt, the Flashback presentation at ETHCC also enabled me to test the waters with a new audience who appreciated the name and the narrative around Flashback.
I was able to attract the attention of all the investors in the room, something I'd rarely done with the previous name. Flashback has also changed our image on LinkedIn and helped us acquire more followers. Flashback resonates in the heads of our audience and will have the impact of a brand for a project without limits. The positive feedback and appreciation of the brand has convinced me that we've made the right choice.
Q: “Attracting high-quality storage providers is crucial for maintaining the performance and reliability of your network. How does Flashback plan to attract and incentivize these providers to join and contribute to the ecosystem?”
A: Attracting high-quality data storage providers, known as data hosts, is an everyday challenge. The project is still in its infancy, and has many development and integration stages to complete. Our mission with future network hosts and validators is twofold.
The first is the decentralized business model of the Flashback network. Today, a project like Filecoin has an ARR of 3 million USD, while the industry's revenue is 180 billion USD. Archiving doesn't make money, and mining with storage is counter-productive. Hosters' participation must evolve according to network usage, which is why our incentive model will be based on the quality of their services. The more efficient they are at providing data, the better they are remunerated. Flashback offers hosters the opportunity to validate the blockchain by staking, which guarantees a fair and equal income for each node; I see it as a flat-rate remuneration.
The second is the Flashback network participation model. We've noticed that many projects give little or no prominence to storage providers. We want to change this by offering two options: an early sale of utility tokens to become a storage provider, and an ambassador program dedicated to storage providers to put them at the forefront of our infrastructure. In this way, they will be able to contribute fully to the network and its evolution, as they are the guarantors of the network's stability.
Q: “Real-time data access is a significant feature of Flashback. How does this capability set you apart from other decentralized storage solutions currently available in the market?”
A: Realizing 'real-time access' requires an understanding of what is essential in the user experience. Our decentralized competitors have chosen to ensure that the network grows structurally by encouraging the donation of data storage space. However, we quickly identified that this acquisition vector is the cause of their non-adoption. What's more, we believe that the content-driven network should be the responsibility of the service. There are laws in each country and we have to respect them, and each service has its own requirements. So it's also normal that the protocol doesn't encourage the use of standards like IPFS, but is agnostic to solutions for transferring and storing data.
We have therefore been working on the economic and incentive model to secure the optimization of the user experience. So, unlike other DePIN-based data storage solutions, we have the capacity to enable the development of so-called "hot-storage" solutions, which will be unique in the web3 ecosystem. Our aim is to become the hot data storage solution for all individuals and companies seeking a compromise between confidentiality and security, a solution equivalent to on-premise but in the Cloud.
Q: “The Flashback ecosystem merges EVM with decentralized storage. How does this interoperability benefit developers and businesses, especially those transitioning from Web2 to Web3?”
A: Flashback is first and foremost a decentralized data storage solution, and if the developer or company has developed a dApp on an ecosystem like Solana, Starknet, or Cosmos, they can use the Flashback protocol without having to recreate their dApp because our solution is operable with any ecosystem. The use of EVM allows developers who have not yet created dApps to enjoy all-in-one solutions with EVM and data storage. EVM is therefore a bonus for those wishing to develop web3 features directly with Flashback.
I want to make it clear that the EVM executes Solidity code and is the gateway to learning web3. Today, 60-70% of developers use EVM, and we hope that Flashback will enable them to enjoy a unique experience, as well as helping web2 developers move up the skills ladder to web3.
At the same time, data storage using the nodes hosting the data thanks to the Flashback protocol can be done directly without using the EVM. In fact, the Flashback protocol can be easily integrated with all existing web applications. The use of APIs and RPCs is not unique to web3 technology.
The challenge lies in the fact that many developers today rely on services and deployment solutions from major players such as Google Cloud or Amazon Web Services. We therefore believe that developing such services on Flashback with the best user experience will reinforce the transition from web2 to web3, but we're not blind: these services are extremely advanced and understood by developers. Contrary to popular belief, Flashback competes with decentralized and centralized infrastructures, but not with enterprise services with centralized or decentralized governance. We want our protocol to remain decentralized in its governance and so, by its very nature, if Google Cloud integrates Flashback and participates in validation nodes, it would be a centralized nature to oppose it.
Q: “Given the rapid development of decentralized technologies, what challenges have you faced in building Flashback’s infrastructure, and how have you overcome them?”
A: Flashback's development met several challenges. Choosing the basic architecture and reward mechanisms is always time-consuming, and above all, we had to define the degree of decentralization in our solution. Designing the prototype was our first challenge, and we had many iterations. If you're familiar with Ockham's razor, I'd say that this philosophy of thinking enabled us to resolve many of our integrations.
Today, we're facing a new challenge: deploying the test network on the sidelines to validate our solution with external players. We're certain that this test network will encounter problems that we didn't anticipate in the prototype. We've got a long way to go, and the technology still has some way to go to reach maturity for its final launch on the main network. We also know that our prototype will have limitations such as scalability and gas costs, which we are already working on in anticipation with ecosystems like Starknet to resolve.
Q: “Flashback is built as a Layer-1 blockchain. Could you explain the advantages of this architecture, particularly the integration of the Proof-of-Stake-Spacetime consensus mechanism?”
A: Our first version of Flashback is a Layer 1 blockchain solution, which required an effort to harmonize the blockchain and the proofs of data storage. We've taken over an Ethereum sublayer to retrieve a block validation with the proof of stake. Following this, the validator will have the option of providing storage space to the network with the data storage submission. This submission uses proof-of-replication (PoRep) and proof-of-spacetime (PoSt) to submit storage space ("sector sealing"). It's this hybridization of proof-of-stake and proof-of-data-storage that we call proof-of-stake-spacetime.
This proof is likely to undergo technical evolution depending on the results of our test network. It is this flexibility that will enable the Flashback network to enjoy the effective security of its blockchain and data storage provision according to network demand and operator capacity. We are convinced that demand must be Flashback's growth vector, and that data storage must evolve with the services deployed on it. This will enable data storage providers, whatever their form and capacity, to participate effectively in the network.
Q: “Flashback is designed to cater to a wide range of industries. What are the top three use cases you see for Flashback, and how will it benefit different sectors?”
A: It's true that Flashback's potential is limitless, as companies increasingly need to store data for their digital processes. Today, we see innovative industries needing to reduce their costs to be as competitive as possible, while at the same time improving their user experiences and confirmations.
The first sector is Artificial Intelligence. AI has many variations, but deep learning machines are the solutions found in ChatGPT or Tesla's autonomous driving. These companies need to collect astronomical quantities of data, whether real or synthetic. For the machine to learn, it needs to call on datasets that can be distributed and stored in numerous data centers. However, latency and slow data transfer are detrimental to the speed of learning, which has a significant impact on the company's bottom line. In addition, the European and American AI Acts make particular demands on the origin and viability of data. Flashback is the solution to these problems.
The second sector is video games. Today, they have become an integral part of our lives, and more and more people are playing them. It's important to understand that the growing demand for gaming, and particularly online gaming, is driving the need to store increasingly complex information on player statistics, game card status and other particulars. Beyond this, gamers have increased the sharing of their experience with streaming and other systems that demand to protect their privacy while maintaining a smooth user experience. Flashback will ultimately be the solution for many companies looking to reduce onsite infrastructure costs while benefiting from better governance and confidentiality of their players' data.
The final sector is finance. The expansion of traditional and decentralized finance tools has shown us that many companies need to centralize data from different ecosystems in order to study them and act on financial decisions. Today, finance has taken an important step in the evolution of companies. Nevertheless, financial data are also metrics that we want to be able to control and manage. Flashback will enable us to do just that, with a user experience equivalent to that of the traditional Cloud.
Q: “Looking ahead, what do you see as the future of decentralized cloud storage, and how will Flashback continue to innovate to stay ahead of industry trends?”
A: Flashback is still in its infancy, and many protocols are being put in place to help improve cloud storage. The future of decentralization in this industry will depend on the harmonization of solutions, their interoperability, the cost limitations of blockchain and its scalability. I believe that data storage with DePIN solutions will be increasingly integrated into web3 enterprise solutions, or as the first choice in the evolution of their business. In the long term, I'm convinced that centralized service companies, under ever-increasing demand from their customers, will integrate decentralized infrastructures to meet their needs for interoperability, confidentiality, sovereignty, governance and cost management.
For Flashback, the innovation of its technology is based on our unique understanding of web3 and the data storage industry. We recently partnered with Starknet to investigate the scalability of our solution, and I firmly believe that the future lies in composability and multiple ecosystems. Of course, data storage is not limited to blockchain and its technologies. I want Flashback to become a new chapter in the economics of cloud storage infrastructures and services. The emergence of solutions based on predictive models derived from AI to manage the flexibility of contracts according to the prices of each storage node is therefore highly possible.
Thanks Brieuc!
