DataStore allows users to store digital documentation or data, timestamped with metadata, and secured by the incorruptible SIN blockchain.
A local copy of the document or data is available to compare with that stored in the blockchain at any time. SINOVATE cryptography and the blockchain provide the underlying trust and empirical truth to enable the data stored to be validated.
Besides being able to send data, the SINOVATE network allows users to store data for specific time limits. It is important to emphasize that data is not directly transferred to a receiver but instead distributed between 20 Infinity Nodes.
Using Alice (sender) and Bob (receiver) as the typical examples, the following applies:
– When choosing Infinity Nodes to store the data, Alice can either choose nodes she trusts or uses an algorithm that randomly picks twenty nodes categorized as ‘low risk’ (if Infinity Node has <70% ROI)
– Data is stored in 20 nodes (including any chosen by Alice)
– Alice can select more than twenty nodes to store the data, but the fee will be higher
– The Infinity Nodes will store data for seven days unless a higher fee is paid for a longer time limit