CESS, building a future of value interconnection and value sharing

When the term Web3 is mentioned, what are we really discussing and looking forward to? It is the decentralized world brought by blockchain technology, the DeFi summer that addresses the pain points of centralized finance, communities that are free, transparent, fair, and autonomous, and the co-creation, co-construction, co-governance, and consensus… What CESS wants to explore today about Web3 is the era of data value where value is shared and interconnected.

Why is Web3 about value interconnection and value sharing?

Value interconnection is a concept that combines value transfer and internet technology, emphasizing that in the digital economy era, the transmission of information and the transfer of value are equally important. In the past Web1 and Web2 eras, the focus was mainly on the transmission and exchange of information, while value interconnection allows assets, currency, and value to flow on the internet, achieving rapid value transfer.

Similarly, achieving value interconnection and value sharing complements each other. In the Web3 era, value sharing is key to building a fair, open, and interconnected network ecosystem. Looking back at the Web2 era, large companies centralized the storage, ownership, circulation, transaction, and value of data, reaping huge profits while data owners became passive participants. Web3 redefines the model of value creation and distribution, allowing every participant to earn deserved rewards for their contributions to the network and enjoy the value generated by data.

CESS, a decentralized data value network

The core of Web3 is the flow and interaction of value. It not only allows us to freely exchange assets, information, and other values on the network but also ensures the transparency, security, and decentralization of transactions. Web3 brings a redefinition of data ownership, meaning that data ownership belongs to users. CESS, as the first blockchain network supporting large-scale commercial storage, is also a secure, efficient, open-source, and scalable decentralized storage network that provides the best solutions for the confirmation of Web3 data ownership and the storage and retrieval of high-frequency dynamic data in Web3.

CESS aims not only to establish a storage blockchain network but also to create a brand-new data value network. CESS supports the monetization of user data within the network and the free circulation (trading/sharing) of data value, achieving user data privacy protection and absolute data sovereignty in a trustless manner.

- Promoting the return of Web3 data ownership to users
CESS's philosophy aligns with the vision of Web3. Web3 aims to build a decentralized internet that empowers users with data control and autonomy. CESS implements data confirmation through a multi-type data confirmation mechanism (MDRC), using on-chain digital fingerprints as the sole proof of data ownership, and introduces a decentralized proxy re-encryption mechanism to facilitate ownership changes of data among users while ensuring privacy, maximizing the utility value of data. CESS achieves data confirmation, privacy protection, and secure storage, laying the technical foundation for the interconnection and sharing of data value in Web3.

- Building decentralized storage systems and data network infrastructure

CESS is committed to creating a decentralized cloud storage system and data network infrastructure, ensuring low GAS fees and fast transactions (10,000 TPS) through a randomly selected consensus node rotation mechanism (R²S). The participation of consensus nodes is relatively fair and just, preventing large nodes from monopolizing for long periods, making it possible to create a transparent, efficient, and equitable new type of global decentralized cloud storage online data network sharing platform. Through the decentralized data network infrastructure built by CESS, different user groups can conduct data transactions and interoperability, achieving cross-platform, cross-collaboration, and cross-format communication of data. With the help of blockchain technology, data confirmation and privacy protection are realized, giving users more control over their data. This blockchain-based data network not only facilitates the circulation and trading of data but also has the potential to drive the development of new business models and markets.

- Building a decentralized data value network

Ultimately, CESS will create a decentralized data value network, effectively utilizing idle storage resources through a token incentive mechanism, forming an open and transparent data sharing platform. Developers, creators, merchants, and consumers can all participate, jointly promoting the circulation of data and the creation of value. CESS creates new opportunities for the circulation and sharing of data, helping users tap into the intrinsic value of data and gain benefits from it, continuously uncovering the value of human digital assets.

Conclusion

In the digital age, building a data value network has become an important task. As a blockchain-based decentralized distributed cloud storage system, CESS not only achieves secure storage and sharing of data but also creates new opportunities for the release of data value. CESS is not just a secure and efficient storage blockchain network; it is also a data value network that realizes value interconnection and sharing, allowing us to look forward to a more open, transparent, and decentralized future of Web3.