Tenet to hold IPFS Industry Summit Korea Station on the 10th

Tenet to hold IPFS Industry Summit Korea Station on the 10th

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[Blockchain Today Reporter Park Yo-han] IPFS Industry Summit Korea Station will be held at the Raum Art Center in Yeoksam-dong, Gangnam-gu from 11 am to 2 pm on Thursday, June 10.

The organizers of this forum are Tenet DS and Token Can Exchange, and Protocol Labs of the United States, which developed the core technology to be mentioned in the forum, will participate.

It is held with the purpose of introducing IPFS distributed storage technology and raising the future value of the virtual asset market through meetings between domestic and foreign IT personnel and government officials. In particular, Protocol Labs, a US company that developed IPFS technology, the next-generation Internet protocol technology, participates.

IPFS stands for Decentralized Distributed File System (InterPlanetary File System) and is a next-generation data storage technology. The current HTTP method is vulnerable to data security and safety, and the server often goes down due to transmission speed and excessive connection. It has the advantage of being fast.

In addition, unlike the existing method that requires a high cost to use the server, it is possible to use the server at a low cost by utilizing the idle storage space.

Tenet DS Co., Ltd. is a company that researches distributed data storage technology and provides software products and advisory services. It was established as a joint venture between 1475, a Chinese company that provides packing services by applying IPFS technology, and Tokencan, a global virtual asset exchange.

1475 and Token Can aim to provide stable mining profits to corporate customers based on technology and trust.