Cloud Providers Face Challenge from Decentralized Alternatives
For two decades, cloud providers like Amazon Web Services, Microsoft Azure, and Google Cloud have dominated data infrastructure, controlling over 60% of the market. Their centralized models offer speed and reliability but come with significant risks—single points of failure, censorship vulnerabilities, and privacy concerns. Recent AWS outages disrupted major platforms including Netflix and Coinbase, while Microsoft''s compliance with Chinese censorship rules has sparked controversy.
Decentralized solutions emerge as a compelling alternative, promising resilience through distributed networks. The crypto industry, with its emphasis on permissionless systems, is actively exploring blockchain-based infrastructure to reduce reliance on corporate gatekeepers. This shift could redefine data sovereignty in the coming decade.