❓FAQs
General
What is Chainback?
Chainback is a cutting-edge platform that leverages blockchain technology and cloud computing to offer decentralized file storage and high-performance computing resources. It democratizes access to advanced technologies like GPU cloud services, making them accessible to a broader audience. With features like the AI-powered chatbot Yana and a sustainable $ARCHIVE token economy, Chainback is revolutionizing how digital data is managed, shared, and secured in the Web3 space.
How does Chainback work?
Chainback operates by integrating the Ethereum blockchain and the InterPlanetary File System (IPFS) to provide a secure and decentralized platform for storing and sharing documents. Utilizing Ethereum blockchain ensures secure and transparent transactions, while IPFS offers a distributed network for efficient and resilient data storage.
Additionally, Chainback harnesses the power of GPU and cloud computing to offer advanced computational services, enhancing the platform's capabilities for handling complex tasks and large-scale data processing in the Web3 space.
What industries can use Chainback?
Chainback's versatile and secure platform is well-suited for a wide range of industries, each with unique needs for data management, security, and computational power:
Healthcare: For secure storage and sharing of sensitive medical records, research data, and patient information, ensuring privacy and compliance with regulatory standards.
Finance and Banking: To enhance security in transactions, manage financial records, and leverage blockchain for transparent and immutable record-keeping.
Legal Sector: For securely storing and sharing legal documents, contracts, and case files, with the added benefit of blockchain for verifying document authenticity.
Education and Research: To manage academic research data, securely share educational materials, and collaborate on projects across institutions.
Media and Entertainment: For managing digital rights, securely storing and sharing multimedia content, and leveraging GPU computing for rendering and other intensive computational tasks.
Technology and Startups: Especially those working with blockchain, AI, and big data, for leveraging Chainback’s computational resources and secure data management.
Government and Public Sector: For secure document management, public records storage, and ensuring data integrity and transparency in operations.
Real Estate: To securely store and manage property records, contracts, and transaction histories, with blockchain ensuring transparency and trust in transactions.
Manufacturing and Supply Chain: For tracking products, managing supply chain data, and ensuring the authenticity and integrity of information across the supply chain.
Art and NFT Marketplaces: To securely store and manage digital art, utilize blockchain for authenticity verification, and manage transactions and rights transfers.
Decentralized file sharing
How is Chainback different from traditional document storage solutions?
Chainback is decentralized, meaning that it is not owned or controlled by any one entity. This provides users with greater security and privacy, as documents are not vulnerable to hacking or unauthorized access. Additionally, Chainback's advanced privacy settings provide users with greater control over who can access their documents.
What types of files can I upload?
Chainback empowers you to securely store and share various types of files, including important documents, legal records, digital assets such as tokens and NFTs, and more. With Advanced File Access, you can take it a step further by uploading files and enabling multiple users to access and sign them through transactions.
What is IPFS?
The InterPlanetary File System (IPFS) is a technology that enables decentralized file storage and sharing across a network of computers. It breaks files into small pieces, encrypts them, and distributes them across multiple computers, ensuring files are always available and cannot be easily altered or deleted.
Cloud & GPU cloud
What is cloud computing?
Cloud computing is a technology that delivers various computing services — including servers, storage, databases, networking, software, and analytics — over the internet ("the cloud"), offering faster innovation, flexible resources, and economies of scale.
What is GPU cloud computing?
GPU cloud computing, a subset of cloud computing, specifically utilizes Graphics Processing Units (GPUs) in the cloud to handle complex and parallel processing tasks more efficiently than traditional CPUs. This is particularly beneficial for applications requiring intensive computations, such as AI, machine learning, and 3D rendering. By leveraging cloud and GPU cloud computing, users can access powerful computational resources on-demand, without the need for significant upfront investment in hardware.
$ARCHIVE Token
What is the $ARCHIVE token?
The $ARCHIVE token is the native cryptocurrency of the Chainback ecosystem. It's an ERC20 token that facilitates various operations within the platform, including access to services, participation in governance, and incentives for supporting the network.
How can I use the $ARCHIVE token within the Chainback platform?
Decentralized File Storage: Use $ARCHIVE for secure decentralized file sharing, granting exclusive access to specific wallet addresses, NFT, or ERC20 token owners.
Paid Content: Sell your exclusive content for various cryptocurrencies, including ETH and USDT, on our secure platform, and receive 90% of the revenue.
Cloud Computing: Pay for on-demand Cloud GPU and Chainback Cloud Computing services, billed by the hour, with competitive rates for the latest NVIDIA GPUs.
Ecosystem Transactions: Utilize $ARCHIVE as a payment method within the Chainback Ecosystem, facilitating transactions between publishers, GPU cloud miners, file storage users, YANA AI, and the Chainback Cloud Platform.
What are the benefits of staking $ARCHIVE tokens?
Staking $ARCHIVE tokens allows you to earn passive income in the form of ETH, contribute to the security and stability of the Chainback platform, and play a part in the platform's growth and governance.
Is there a token burn mechanism for $ARCHIVE?
Yes, Chainback implements a token burn strategy where 75% of all platform income received in $ARCHIVE tokens is burned. This reduces the overall token supply, potentially increasing the value of the remaining tokens and providing a deflationary aspect to the tokenomics.
Security
Is Chainback secure?
Absolutely! Chainback prioritizes security at its core. Built on blockchain technology, Chainback ensures files are impervious to tampering or deletion. Every file undergoes encryption and is stored across multiple nodes, providing an unparalleled level of protection. Unauthorized access or modification is virtually impossible, guaranteeing the utmost security for your valuable data.
How does Chainback ensure compliance with data privacy laws and regulations?
Chainback is committed to compliance with all relevant laws and regulations, including data privacy laws such as the European Union's General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA). Chainback's advanced privacy settings ensure that only authorized parties can access documents, providing users with greater control over their data.
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