UBBEY-REDEFINED STORAGE CLOUD SYSTEM BASED ON BLOCKCHAIN TECHNOLOGY

The issues of data safety have risen high up to the peak that several organizations and institutions are having third party systems and other storage platforms that they store their information on. This has become necessary due to recent cyber attack from hackers and other cyber fraudsters who access the data of members on any platform and use it for their own information. There are several accounts where the data of users on a platform have been accessed by hackers, quite recently on the 4th of July Timehop a social media app that collects and stores the digital content that users share on Facebook, Twitter and other social media platform.

The management team came out with a statement that information concerning about 21 million users were stolen which included emails, phone numbers, address etc. To add to this not long ago another cryptocurrency exchange platform called Conrail was also hacked with an estimated amount of token of about $40,000,000 US.
This has really rung a bell in the ears big institutions and companies and hence the development of cloud storage systems began. There are two forms of cloud storage system namely private and public cloud storage systems.

Currently there are quite a number of both public and private cloud storage systems but common among them are Dropbox (which I have a personal account there), Google Docs, Xdrive, MediaMax and Strongspace. All these cloud storage systems offer to protect the information and data that certain institutions entrust into their possession for safe keeping but it is quite unfortunate that these systems have some limitations that prone them to the attack of hackers.
The way forward seems quite blurred to most people, organization, institutions and corporate entities but Universal Labs has made the necessary research into third party storage systems and with the blockchain technology issues of data safety is going to be a thing of the past.

CHALLENGES THAT CURRENT STORAGE PLATFORMS FACES

Both private and public cloud storage systems offer various forms of service package to their members. It is now incumbent upon users to choose a security package based on their affordability.

Withdrawal of Service Package

Every package that any cloud system offers has its own security package that last for a period of time and so users data and information are kept safe within this time period. At the end of the period users are asked to renew their contract in order to keep enjoying the security package being offered to them. Supposing a user is unable to make payments for a renewal of contract the security standards of such particular users are reduced to the basic form which is very susceptible to any form of hacking. This really puts the data of users at a great risk and also other third parties can readily access it for their own purpose.

Unauthorized Governmental Surveillance

Most of these public cloud storage systems have some partnership with some security and governmental organizations whereby they share the information and data collected form users with these institutions all in the name of national security. Whatever these purposes may serve it is still not done in the right of approach as the data of user are shared with governmental agencies making users not really enjoy their full private live.

I quite remember a story I read from the news saying that the number of governmental surveillance cameras exceed the number of people the United King. Most security agencies get all these information through the backdoor of most cloud storage systems and this makes people really not feel secured and private as they should be because it always seems like there is someone keeping an eye on you. For the sake of humanity, people should be made to enjoy their private life and also their privacy of people should be respected.

Difficulty in setting up Storage Devices

This problem is quite common with private cloud storage systems who choose to set up their own storage system. Inadequate knowledge about how these systems really work can make it very difficult to set up and also due to the low resources that are used in establish these storage systems they tend not to last for a long time. Devices fail within the shortest possible of time upon installation.

THE SOLUTION UBBEY OFFERS

Technology has undergone several milestones of development and it has made available amazing products to mankind to improve on the standards of living. Currently is the amazing technology which was invented by Satoshi Nakamoto which is the blockchain technology which has captured the views of several institutions, countries and organizations such as Amazon, Ebay, Alibaba, Switzerland who have in one way or another announced to run its system using the blockchain technology. The features that makes this technology appreciated by people is its level of security with which it grants data and also how it organizes data with its blockchain ledger system. It is with this same technology that Universal Labs has established the UBBEY Network which consists of the the Ubbey Box and the Ownership Protocol (OWP).

Functions of the Ubbey Box

The Ubbey box as the name implies is a hardware component that would function as a personal storage cloud device with a huge space for data storage. It is has a very high security system to ward of any cyber attacks from any unauthorized system. In addition, data stored on the Ubbey Network can be accessed from everywhere so it does not necessarily mean you should carry the Ubbey box everywhere that you go. Another feature that makes the Ubbey box an amazing device for data storage is that it can be connected to several smart devices which are not media related. To operate the Ubbey box a user would have to acquire a Ubbey account which entails the following: Subject of Ownership, Unique Data Controller etc. Please refer to the whitepaper for more information about the Ubbey Account and how it operates.

Services of the Ownership Protocol

The Ownership Protocol is the platform that has been created to recognize the digital assets to its respective users on the platform. This implies that information and data that are stored on the Ownership Protocol platform would linked to a particular user and hence any temperance with it can be identified as early as possible and also other people cannot engage in any form of plagiarism. The platform will run on identity management where several users are able to interact with each other at an affordable price.

For the sake of data ownership there is a laid down registration system which users would have to go through.
The Ownership Protocol consists of a well laid out structure which cannot be contained in this article I entreat all potential investors to refer to the whitepaper to get a full understanding about the platform.

PARTNERS
The potential in this project has already attracted several international corporations and institutions who have seen how feasible this project is and have partnered with Universal Labs in one way or another.

TOKEN SALES

The minimum contribution that a token holder can make is 1ETH. Please visit website for more details.

ROADMAP

TEAM MEMBERS

This project is backed by a team of hardworking and experienced individuals that have in-depth knowledge in their various fields of disciplines. They have made all the necessary research regarding this project and are very confident of the massive success of this project. This is to encourage all investors to fund this project to the maximum for a greater success story. Below are a few of the team members please refer to the website or whitepaper to get to know the entire team members behind this project and also read more about them from their various social medial profiles to authenticate their genuinety with this project.
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