0chain

0chain

Fast, free, flexible decentralized cloud for apps 0chain enables an application to create a blockchain for their need.

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0chain, also known as Züs, was co-founded in 2017 by Saswata Basu and Tom Austin. The company, officially 0chain LLC, is based in Cupertino, California. Basu, the CEO, has an extensive background with over two decades of experience in AI, IoT, blockchain, and cloud technologies, holding both an MS and a PhD from UCLA. His career includes roles at Intel, GuruHubb, and Energous. Austin, the CTO, is an associate professor at San Jose State University with a PhD in Computer Science from UC Santa Cruz, specializing in programming language security and malware analysis.

The company operates in the decentralized storage market, targeting enterprise clients. It provides a decentralized data storage platform focused on data privacy, protection, and secure sharing. The business model aims to help organizations comply with regulations like GDPR and CCPA by offering transparency and near-zero liability for data breaches. Unlike traditional cloud subscription models, 0chain requires clients, such as dApp developers, to hold its native ZCN tokens to utilize the blockchain's services, effectively turning storage costs into a one-time asset expense. Revenue is generated through this token-based model, where the value of the ZCN token is mathematically tied to the amount of data stored on the network.

0chain's core product is a high-performance decentralized storage network. A key architectural feature is the separation of the consensus mechanism from the storage layer. The network consists of miners (who validate transactions), sharders (who store block history), and blobbers (who store the actual data files). This division of labor allows the network to scale efficiently and maintain high performance. Data is not stored directly on the blockchain; instead, files are split into encrypted shards and distributed across multiple storage servers (blobbers). This method, combined with erasure coding, enhances security and data resilience, as a user only needs a subset of the shards to recover a file. The platform is S3 compatible, allowing integration with existing backup and application infrastructures. This structure provides features like an immutable data ledger for audits, protection against data breaches, and secure data sharing.

Keywords: decentralized storage, blockchain, data privacy, enterprise cloud, data protection, GDPR compliance, ZCN token, secure data sharing, decentralized applications, cloud security, Saswata Basu, Tom Austin, erasure coding, S3 compatible, tokenomics, blockchain-as-a-service, data security, decentralized network, multi-cloud security, data immutability

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