The centralized cloud: A barrier for startups in the developing world | Opinion
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Aug 25 2024Challenges of Centralized Cloud Services: Startups in developing countries face significant obstacles due to the dominance of centralized cloud services like AWS and Google Cloud, which create technological dependency, high costs, and operational risks that hinder innovation and competitiveness.
Promise of Decentralized Solutions: Decentralized cloud computing offers a potential solution by reducing reliance on single providers, lowering costs significantly, and improving performance for startups in emerging economies, thus promoting a more equitable digital ecosystem.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
