We produce a vast amount of data everyday. About 4.9 billion people use the internet for an average of seven hours per day and produce at least 2.5 quintillion bytes of data every day. Putting things into better perspective, that figure is 2.5 followed by 18 zeros.
It is no longer a debate that data is one of the most important resources available today. It continues to be the most important and a growing innovation driver for both large enterprises and small startups. From providing insights to grow a business to automating operational tasks — data has become the center point for decision making in organizations of any and all sizes.
Evolution of architecture for database infrastructure
To manage this large package of information and keep it relevant in order for organizations to scale and grow, we require a robust architecture for big data infrastructure. Over the years, the architecture for database management has evolved.
In the early 80’s business leaders would manage their data directly from a data warehouse that stored their basic files and documents. But as the many forms of data including music and videos evolved, it was no longer possible to store it in a central data warehouse. To navigate these issues, database management evolved into a cloud-based architecture.
However, even with the evolution of design for database management, it is not capable of supporting the needs of big data management. The architecture for modern database infrastructure requires the best-in class tools, stacks and application that sustains the foundation of the next-gen internet.
A modern database infrastructure architecture
Considering the value of data, its significance for any enterprise and the challenges in the current design of conventional database management systems, IneryDB offers the following value-propositions taking the lead towards building the architecture for today’s database infrastructure.
- Paramount security
With the new level of sophistication of bad actors and new stringent data protection standards, security and privacy have become fundamental to the survival of a business. IneryDB allows any enterprise to build its own permissioned architecture with pre-defined permission to access, share, manage and own data. It allows data security and governance to work hand-in-hand to protect organizations alongside giving the space for innovation.
2. Decentralization at its core
In the last decade or so, we have repeatedly seen the side-effects of organizations controlling users’ data. The web2 iteration has allowed a few social media giants to capitalize on users’ information. Moving away from this infrastructure, IneryDB enables decentralization as its very core. This allows owners to be in control of their data assets.
3. Cost efficacy
Enterprises require cost-effective data administrators and maintenance alongside customizable settings that targets their workloads. Whether its high throughput applications or specialized dataset of an enterprise — IneryDB delivers optimal performance at lower costs.
4. Query and processing
Any modern database architecture needs to encompass query and processing technology to access, aggregate, and compute data. This allows organizations to easily access their specialized datasets using complex query functions in a fairly efficient manner. Inery’s database management solution offers the best functions of a distributed database including complex search queries coupled with the blockchain innovation.
An age of exponential growth
We are amidst the age of exponential innovation that is hard to track. The next version of the internet, web3, demands data to break from its fences and carry its own verification and trust for everyone to innovate.
Similar to those who adopted the web2 data-driven architecture early on, the ones who adopt the blockchain-based database will find a wide-playing field that drives innovation.
Inery is the first-ever layer-1 blockchain offering the solution of decentralized database management with the vision to enable a new paradigm for data. Inery is designed to enable cross-chain communication of data, greater speed and better security. It specifically addresses database management integrated with blockchain functionalities and distributed database management properties.
The Inery database management solution (IneryDB) allows a secure, low-cost and immutable way for database management where the control of private information remains in the hands of users and enterprises. It sets the base for the web3 future to enable value creation by seamlessly connecting with other systems, applications and layer-1 networks.
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