In this world of economic, technological and scientific development we are witnessing the importance of information which is very crucial and sensitive for everyone. The amount of data which is generated by us involves a great number of personal, commercial, and social information which is very useful, and can show others our detail about what are we doing, where are we going and how we are doing. All the details we are keeping presently in the centralized environment are at great risk of being misused and misplaced. But with the spread of new technology known as blockchain which is decentralized in nature can help us in protecting our valuable information and data. With this technology, you will be able to keep all your data safe and this will even give you priority on choosing with whom you want to share your details.
The secure and decentralized form of technology offers you a storage for keeping data whose owner is only you and no one else could use or alter that information of yours. There are presently many global enterprises in the world who are offering provision of storing our data on their cloud which can be used by any of the organization or individual. These companies offer us a great storage capacity with full security and access in any corner of the world. But, in case of any specific pressure on them by any third party, your information may get leaked to them without taking your permission which is very dangerous for you.
Besides, all the centralized environment, new entrepreneurs, and young minds are moving towards the world of the decentralized storage facility. These all storage system uses their own solution for offering innovative and ease facility to their users. But the basic platform which is offered by blockchain is not much capable of spreading its popularity on its own and to succeed in the aim of competing with traditional systems. To make the world of data storage safe and secured and helping their users in the most reliable way the idea of "CASPER" is developed.
Casper offers a reliable and protected platform offered by Dapp, which ensure the secure and safe storage of data in their platform. It gives an allowance for storing all types of data like audio, video, text, photo etc. They even provide a secure platform for the exchange of the data. The development of Casper platform will solve many problems significantly which are currently associated with storage market.
**Solution offered by CASPER**
Casper is a decentralized platform meant for file system utility and even supports other smart contracts. This platform supports P2P network which enables users to perform calculations and transactions on the API. The storage unit which is provided by Casper may be attached to the other blockchain platforms. Casper's provides a rating and verification system to motive their valuable participants to work in their own interests and without interference from any other party which ensures the full privacy to its users.
The files and data which are stored in the platform are encrypted with high-security programs and are replicated for several computers of various storage service providers. In case of any discrepancies related to the particular computer in which the user is trying to access, immediately it is switched for another service provider and maintain the duplicate storage of those files and resolves the problem of the user with very efficient manner.
The smart contracts associated with the platform of Casper stores information about the service providers and help in providing billing information for customers. The main functioning of the smart contract is for selecting the service providers and paying them for the services offered. The amazing Casper P2P network enables flexible scaling and customizing storage service for the specific users. There are many supplementary storage units are linked with the platform for providing the seamless and efficient output to the users.
The captivate features involved with the platform of Casper are
1. Quick execution and transactions
2. Accomplishing substantial amount of transactions within seconds
3. Offering the involvement of smart contracts
4. Public credibility
5. Offers reliability in implementation
The Casper API enables its user for uploading their valuable data in the provided cloud service and accessing it later whenever needed.
The main benefit offered to the participants of the Casper is
1. High rate for data uploading and downloading
2. Encoding the stored data
3. Feasible pricing for services
4. Shared file access
**ICO details of Casper**
Casper launched its very own ICO named as Casper Token (CST). It is an ERC20 compliant token. In the pre-ICO sale, Casper decided to sell their tokens in discount. The total fund expected is $1,040,000. 1CST=$0.08. the sale of these token will be done via Ethereum smart contract platform. The expected amount of raising fund via selling token is $ 31,800,000 and minimum amount of raising fund is $6,700,000. All the transactions in Casper's platform will be done by using CST.
**Conclusion**
With the development in the recent trend of keeping one's data secured and safe, a new platform has been developed named 'CASPER' which will prove its effective potential by helping its participants. The Casper is not only made for cloud storage but for helping Dapp on any blockchain platform with a smart contract to solve the issue of public regarding data storage and even promote the quick development of the blockchain industry. Hence, by going through all the captivating offers of Casper on can say that it will achieve a great height of success in the upcoming market.
**Important links:**
**Website** : [http://www.casperproject.io/](http://www.casperproject.io/)
**Whitepaper** : [http://www.casperproject.io/docs/Casper\_whitepaper\_eng.pdf](http://www.casperproject.io/docs/Casper_whitepaper_eng.pdf)
**Authored By:** Etheran
**Btalk Profile:** [https://bitcointalk.org/index.php?action=profile;u=1108165](https://bitcointalk.org/index.php?action=profile;u=1108165)
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