Review on Golem by Eve Vallenilla

Having a reliable platform for business data management has become a fundamental need today. Not only because of the increase in the volume of valuable information that we handle in corporations today, but because of the constant exposure of data to the public view.

From this perspective, Golem offers a storage solution based on the security provided by the blockchain.

Golem through its digital infrastructure serves as a vault to house a large amount of data from organizations, unalterable thanks to blockchain technology.

But Golem is not just focused on data management. Its main attraction is the economy of its storage solution, allowing anyone to use this digital resource without intermediaries.

What technological resources does Golem use?

The founders of the Golem platform agreed on the use of the Ethereum network as virtual machinery for the development of their intelligent storage management, because as we already know, the Ethereum chain has a high scalable potential and a lot of efficiency for the design of smart contracts.

How does the Golem network work?

Golem offers the opportunity to any user with availability of space on their computer equipment to obtain income in exchange for the lease of this digital resource as a storage scenario, automatically becoming a provider of this digital content management service.

These providers will be one of the nodes within the Golem ecosystem.

The contracting of node services and the use of the storage service are validated through the issuance of a smart contract. There the stipulations of the contract are established in an unalterable way.

Individuals with powerful computing equipment easily join the Golem ecosystem as contributors and those who demand the storage service must pay the cost or fee for network access.