Understanding Cloud Computing

Chainback's journey into cloud computing marks a significant evolution in its service offerings, extending beyond decentralized storage to encompass a wide range of Web3 applications.

What is Cloud Computing?

Cloud computing is a technology that provides on-demand delivery of computing services, including servers, storage, databases, networking, software, and analytics, over the internet. It allows users to access and utilize powerful computing resources without the need for owning and maintaining physical infrastructure. This model offers scalability, enabling businesses and individuals to adjust resources based on their current needs.

Cloud computing operates on a pay-as-you-go pricing model, making it cost-effective and accessible to a wide range of users. It supports a variety of deployment models, such as public, private, and hybrid clouds, each catering to different security, scalability, and management needs.

Understanding Cloud Computing Deployment Models

Public Cloud: Operated by third-party providers over the Internet, public clouds are versatile and cost-effective, suitable for a variety of workloads.

Private Cloud: Dedicated to a single organization, private clouds offer enhanced control over data, security, and quality of service.

Hybrid Cloud: A blend of public and private clouds, hybrid clouds are used for data and application portability, allowing sensitive data to remain in a private environment while leveraging the computational power of public clouds for other tasks.