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CESS presents decentralized cloud-based data storage solutions – Press Release

TOKEN2049 is the premier event for visionaries and leaders operating in the fast-paced global Web3 ecosystem.

Singapore, Singapore, September 29, 2022 (GLOBE NEWSWIRE) —
Cumulus encrypted storage system (CESS), the 3rd generation decentralized cloud-based data storage protocol developed exclusively for Web3, attended the TOKEN2049 conference in Singapore this week. Some of the biggest names in crypto have been invited to participate, including Annabelle Huang, Managing Partner at Amber Group; Alexander Höptner, the CEO of BitMEX; and Aleksander Leonard Larsen, the co-founder of Axie Infinity.

The event brings together a broad spectrum of thought leaders, founders, visionaries and investors in the industry. Throughout the two-day conference, speakers, guests and other attendees will have the opportunity to participate in panel discussions, fireside chats, networking sessions and in-depth discussions about the transformative nature of Web3.

Some of the sessions held included talks about DeFi growth; governance and compliance for Web3; women in crypto; social trading; scaling with ZK rollups; decentralized exchange; the increasing importance of NFTs; metaverse opportunities; Web3 acceptance; and DAOs.

Jessie Dai, co-founder of CESSwho attended the event said: “We are excited to attend the TOKEN2049 conference and discuss with industry experts, developers, VCs and KOL how innovative solutions like CESS can drive value creation and deliver on the user-centric promise of fast, powerful, affordable and secure Web3 applications that stored on CESS next-generation decentralized cloud storage protocol.”

As a platform built for performance and security for the Web3 Internet, CESS features a layered architecture where the performance of each layer is independent of other layers. This helps to balance the system load. CESS also solves the long-standing problem of the “miner’s dilemma” thanks to the trusted low-power consensus mechanism (dubbed R²S) that…

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