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What is Internxt and why is everyone talking about it?
When most people think of decentralization, the next topic primed to roll off the tongue is “blockchain” or “cryptocurrency.” And it makes sense. Right now, the likes of Bitcoin and Ethereum are the highest profile uses of blockchain.
However, some experts foretell that the decentralized boulder is only getting started on its roll. From their perspective, associating this tech exclusively with cryptocurrency or blockchain is similar to how people basically thought of “Internet” and “email” as the same thing during the web’s infancy, having no idea how sprawling and myriad its uses would become over the coming decades.
Enter Internxt, the next step in the tech evolution. Internxt is working on disrupting thrilling industries through the use of revolutionary technology. Their first service, X Cloud, is a decentralized cloud storage service, that strives to become a more secure and private version of Dropbox, iCloud or Google Drive.
At least that’s the idea of the company’s founder Fran Villalba Segarra, who was listed in The Next Web’s T500 2017, which showcased the 500 most promising young entrepreneurs. The savvy young gun is joining the growing list of tech wunderkinds who have recently been devastating old models with new ideas and innovations.
X Cloud strives to become more secure than Dropbox, iCloud and Google Drive
Some may recall the story of Vitalik Buterin, the Russian-Canadian who at 19 engineered Ethereum to take on the unrivaled champion of crypto (at the time) Bitcoin. Robinhood’s Vlad Tenev was only 26 when he went toe-to-toe with traditional stock trading companies.
It’s becoming commonplace to see the future of technology, currency, and the way we interact molded and revolutionized by younger players who are willing to look at old problems in fresh ways with new technology.
Fran started programming when he was 13 and sold his first company at 20. Behind the helm of Internxt, he plans to help lay the groundwork for an eventual huge tech giant, that strives to disrupt current market players through innovation and doing things significantly better.
It all starts with storage. When you strip away all the razzle dazzle of the modern Internet, what we are essentially talking about is accessing and securing information globally. As technology has become more sophisticated, so too have our vulnerabilities. Edward Snowden, for instance, has cautioned users against using popular cloud storage systems like Dropbox, and was patently against social media data aggregate Facebook long before the Cambridge Analytica debacle.
So Internxt’s primary product is the simply named X Cloud. Its aim is a totally secure, completely reliable cloud storage for the everyman. The service uses decentralized technology and end-to-end encryption to keep your files hyper safe, and you can’t have it.
X Cloud is affordable and robust, starting at under $2 per month.
Additionally, Internxt counts with the support of BlackBerry various hacking agencies to make sure that X Cloud truly becomes the next big thing in the cloud storage industry. As Internxt mentioned in their Blog recently:
At Internxt, we are working on creating the most secure and private cloud storage service used by corporations and the mainstream market: X Cloud. Our decentralized architecture is fundamentally superior to what is currently in the cloud storage market, as noted in different papers. However, the journey to building the world’s most secure cloud storage architecture doesn’t end by the simple use of decentralization. Companies like Dropbox have been investing significant sums of time and money in getting their architectures almost 100% hacker-proof. Although their centralized ecosystems are fundamentally inferior to decentralized ones, we do need to put a lot of work to ensure that one day our architecture becomes more secure and private than theirs, from virtually any point of view. To achieve this, we still need to improve X Cloud significantly, run significant security audits and eventually, X Cloud will become what was meant to be.
The good news for interested parties is that X Cloud is entering Beta in Q3 of this year, which will mean new users (mostly early-adopters) will be able to come onboard. If you’re intrigued, you can sign up for the waiting list over here.
X Cloud is affordable and robust, starting at under $2 per month. The interface is straightforward and intuitive for new users and veterans. They’re also offering a free trial period of 7 days for users who aren’t completely convinced. Internxt is using it as a launchpad for their much larger ambitions by converting all monetary gain from the enterprise into their own cryptocurrency. That’s right, Internxt has their own cryptocurrency, the Internxt token (INXT). At the time of writing, INXT was valued at around $5 USD, but on an issue this hot, these rates are rapidly rising. Customers can use token to pay for X Cloud’s subscription.
Want to be at the ground level of the next big thing? X Cloud Alpha’s release went wild, but the good news is, reservations are still available for the Beta version, slated to come in Q3 of 2018. Those who do subscribe have a weekly chance of winning 50 INXT, a cryptocurrency valued at around $5 per unit.