DataFortress: Unbreakable, Decentralized Cloud Security

Austin, United States

DataFortress: Unbreakable, Decentralized Cloud Security
Business Services
Pre-seed
Idea
£ 20,010
05%
£ 30,080
08%
Make an Offer

Summary

QuantumVault Inc. is introducing DataFortress, a revolutionary decentralized cloud storage solution designed for enterprise-grade security and unparalleled data resilience. By leveraging blockchain and advanced encryption, DataFortress eliminates single points of failure, offers immutable data trails, and significantly reduces the risk of data breaches, providing businesses with truly secure and compliant cloud storage.

Notable Achievements

  • Developed a patented distributed ledger technology for verifiable data integrity across dispersed nodes.
  • Achieved 99.9999% data availability in internal stress tests.

The Business

QuantumVault Inc. offers DataFortress as a subscription-based decentralized cloud storage service for enterprises. Our revenue comes from storage subscriptions, data transfer fees, and premium features like advanced analytics on data access patterns. We also plan to offer licensing of our core blockchain technology for private enterprise applications. Our focus is on providing a superior, more secure, and cost-effective alternative to traditional centralized cloud storage providers.

The Market

Total Addressable Market (TAM): $200 Billion (Global cloud storage market, with a rising demand for decentralized solutions).

Serviceable Available Market (SAM): Enterprises with high-security requirements, regulated industries (healthcare, finance), and companies seeking enhanced data sovereignty, representing a $50 Billion opportunity.

Target Audience: IT Directors, CIOs, and CSOs in large and medium-sized enterprises, particularly in sectors prone to cyber threats or with strict compliance mandates.

Competitive Landscape: Traditional cloud providers (AWS, Azure, Google Cloud), existing decentralized storage solutions (Filecoin, Storj), and on-premise solutions. Our differentiation lies in our enterprise-focused security features, verifiable data integrity, and tailored compliance tools.

Objective/Future (Use of funds)

Enterprise Integration & Sales (15%): Build out robust APIs and SDKs for seamless enterprise integration and grow our sales team targeting large corporations.
Security Audits & Compliance (10%): Conduct rigorous third-party security audits and ensure compliance with global data privacy regulations (GDPR, CCPA, etc.).
The funds will accelerate our platform's development, expand our network, and enhance security features.

Blockchain & Cryptography R&D (45%): Invest in advanced cryptographic techniques and further development of our proprietary blockchain infrastructure for distributed data storage and retrieval.
Network Infrastructure & Node Expansion (30%): Scale our decentralized network by incentivizing more storage providers and enhancing data redundancy mechanisms.

The Team

Bhavna Test - CEO & Founder
12 years experience in renewable energy and smart grid technology, former project manager at Tesla Energy.

Growth Roadmap

Our most probable exit strategy is acquisition by a large smart home technology company, an appliance manufacturer, a major utility provider, or a technology conglomerate. Potential acquirers could include Google (Nest), Amazon (Ring, Alexa), Samsung, LG, Schneider Electric, or even a major electric utility company looking to expand into consumer energy management. We aim to demonstrate widespread consumer adoption, significant energy savings for users, and proven integration capabilities with various smart home ecosystems, making us an attractive acquisition target within 5-7 years. An IPO could be considered if we achieve substantial market share and become a household name in energy efficiency.

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Operations Manager

5%

To establish and manage utility and builder partnerships.

£ 20,010
05%
£ 30,080
08%
Make an Offer