Connect with us

Press Release

FileMax Network: A decentralized data storage network with cross-chain support capability

Published

4 years ago

on

As of October 2020, the number of active internet users worldwide will exceed 4.6 billion which is over 59% of the global population. The users are distributed all over the world and with higher data capacity generated from 5G networks, daily access by users on the internet will result in a high market demand for cloud based storages.

Cloud storage refers to a collection of large number of different types of storage devices interconnected on a network. Using cluster applications, network technology, and distributed file systems, it provides data storage for business application access to the outside world. In simple terms, cloud storage is the collection of assessable storage resources for users using networkable devices at any time and any place.

The second leading global market research firm, MarketsandMarkets, projected that the global cloud storage market is set to grow from USD 50.1 billion in 2020 to USD $137.3 billion in 2025 at a Compound Annual Growth Rate of 22.3% for the period forecasted. The enormous growth of the cloud storage market has ignited a competitive war amongst storage service providers including big firms like Amazon, Alibaba Cloud, and Tencent Cloud thereby, increasing investments in their respective storage business segments.

While ensuring high availability and service convenience,  centralized cloud storage have faced many notable outage incidents. For example, in January of 2018, the Google Cloud computing was not available to multiple zones for more than 4 hours; in March of 2018, the Amazon Web Services server downtime caused a large-scale loss of voice data in the Alexa smart assistant; and, in June of 2018,  Microsoft Azure Ireland data center outaged for 11 hours which affected a large number of users.  

The rising commercial benefits of centralized data storage market is counter balanced by security threats. To address the threats faced by centralized storage, the Interplanetary File System (IPFS) from Protocol Labs is used to provide a resilient distributed file system for storage and sharing.

The IPFS protocol uses decentralized storage with encryption, point-to-point transmission and fast addressing. It enables storage of all kinds of file data safely, efficiently and permanently. Filecoin project is based on the IPFS protocol. It has achieved great success in the blockchain storage industry. However, with improvements to the blockchain technology, some limitations have emerged with Filecoin. They include design around Filecoin’s economic model and obstruction by chain links when putting together documents.

Russian technical geeks and former Amazon cloud storage core engineers have jointly developed a new blockchain project called FileMax. Based on the IPFS protocol, this project is the world’s first cross-chain storage network. It has the storage advantages of Filecoin and integrates the best practices of cutting edge cross-chain technology. FileMax Network sharing between storage in public chains is achieved by cross-chain data sharing at high-speed data transmission.

The aim of FileMax Network is to be a leader in global storage technology by disrupting the way how large amount of information is stored and shared by interconnected 5G mobile devices using the internet; and, to provide convenient, secure and efficient decentralized storage services for enterprises and individuals.

FileMax Network comprises of six main component layers: physical perception layer, data storage layer, intermediate platform layer, cross-chain layer, certificate domain layer and application services layer.

The core processing engine uses a number of technical protocols in processing transaction requests at respective layers including a FileMax Management Protocol (FMP), storage data distribution protocol, external chain interaction protocol, privacy-enhancing technology and block storage. The FMP has two core technology layers namely the physical (device) perception layer and intermediate platform layer.

The physical perception layer covers connectivity for Global Positioning Systems (GPS), Internet of Things (IoT) chips, 5G network modules, video data monitoring, sensory and auxiliary devices. This layer is the hardware endpoint of FileMax and is responsible for continuous data collection for FileMax.

The intermediate layer of the platform includes FMP, storage interfaces, IPFS interface, virtual engine, distributed computing and custom interface adapters. The FMP defines the connectivity requirements for various storage interfaces, including IPFS, storage controller interface, and general storage interfaces. The intermediate platform layer plays a vital role as the exchange hub between the software and hardware endpoints, chain nodes, and also the hub of many technologies.

With a view to support the powerful underlying technology, FileMax team will endeavor to develop and introduce products to achieve organic growth and integrity of the public chain.

The team has identified and planned the following applications: ICEY APP mining, audio-visual storage, 5G Internet of Things modules, edge computing and more interface adapters for the system using custom APIs and SDK.

ICEY APP product build is one of the key milestones on the project plan and it is the first deliverable. It is a distributed blockchain storage application product integrating blockchain, big data, crawler technology, cloud computing and other technologies. The development team is skilled and aim to bring together top blockchain engineers, cryptography geeks, storage experts, Big data analysts and other skills as required. ICEY APP is expected to increase user adoption under a token incentivization mechanism in the growth, development and construction of FileMax Network. It will offer opportunities to ‘create and innovate’ cycles for disrupting the cloud storage market.

FileMax Network uses a native token called FIM. It has a total issuance supply of 210 million, with the first issuance supply of 21 million, and the remaining 189 million are all generated through mining. To prevent users from monopolizing the token economy, the Foundation has limited the maximum of coins to ordinary user token holdings to not more than 2,000 FIMs, and there are no restrictions on corporate entities or institutions.

FIM plays a vital role in the entire FileMax Network token economy. Participants in FileMax mainnet mining must hold FIM tokens, hardware equipment access to the mainnet, 5G application storage, enterprise personal storage that will consume FIM tokens. On the roadmap, the FileMax team intends to transform FIM into a cryptocurrency 3.0, whereby it replaces other currencies as a new digital currency. FIM token has unlimited imagination and possibilities in the foreseeable future.

About Author

Alex Jacob

Alex Jacob is a literature author. He was born in Chicago. Alex passion is writing news articles. He writes number of articles and published it.

See author's posts

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

Related Topics:
Continue Reading

Press Release

Googolplex Smiles Party Billionaires Club Unveils Global Peace and Prosperity Initiative to Launch October 12, 2025

Published

5 hours ago

on

August 3, 2025

By

On October 12, 2025, a new global movement led by Dr. Narendra Singh Khurana and the Googolplex Smiles Party Billionaires Club will launch a multi-dimensional initiative to foster ethical entrepreneurship, digital empowerment, and world peace through innovative technologies and service-led economic models.

In an era defined by rapid technological change and widespread social challenges, a groundbreaking international initiative is set to launch on October 12, 2025, under the leadership of Dr. Narendra Singh Khurana. The initiative, developed by the Googolplex Smiles Party Billionaires Club (GSPBC), integrates ethical entrepreneurship, spiritual values, and advanced technologies to empower communities and promote sustainable prosperity worldwide.

Titled the “Googolplex Sikok Eirene Peace Initiative,” this global framework draws upon a diverse set of programs aimed at uniting 200+ countries through blockchain transparency, artificial intelligence, and service-based economies. The launch will coincide with India’s 78th Independence Day celebrations and is being positioned as a milestone in the alignment of innovation with peace and universal purpose.

Central to the initiative is the Googolplex AI PowerBox—an advanced tool suite designed to democratize access to artificial intelligence and digital entrepreneurship. This toolkit is intended to provide users with resources for education, content creation, business development, and personal growth, all within an ethical ecosystem guided by the principles of seva (selfless service).

Complementing the digital infrastructure is the proposed launch of the Googolplex Prayer Bank and Seva Credits platform—a novel spiritual-financial system that rewards positive community contributions and verified acts of service. These credits can be used to access educational tools, health and wellness services, and entrepreneurial resources. The ecosystem seeks to redefine traditional measures of success by introducing Gross Global Good (GGG) as a new index of societal impact.

SIKOK Punjabi – From GSP Wallet to Wealth: Unlocking Global Potential Googolplex AI Powerbox Toolkit

https://www.youtube.com/watch?v=9oGzXGxgNs0&feature=youtu.be

 Justice Khadak Singh Global SIKOK Peace and Business Excellence Award

The Peace and Business Excellence Award 2025  will also be unveiled during the initiative’s global summit in Dubai. This award aims to honour individuals and organisations that demonstrate outstanding contributions to ethical enterprise, inclusive innovation, and cross-cultural peacebuilding. Recognising leadership that integrates spiritual principles with business excellence, the award reflects the broader mission of fostering conscious capitalism.

October 12 holds additional historical and symbolic importance. The date marks Columbus Day in the United States, Día de la Raza in Spanish-speaking countries, and the birthday of Dr. Khurana’s mother—adding personal, cultural, and spiritual resonance to the event. The initiative also draws inspiration from historical peacebuilders such as Guru Ram Das Ji and Mother Teresa, whose legacies underscore the values of compassion, service, and visionary leadership.

Among the ten transformative programs included in the initiative are:

  • The City of Peace Franchise Model: A global rollout of ethically run, spiritually aligned business and wellness hubs supported by AI and blockchain technology.
  • The Googolplex Universal Curriculum (GUC): An innovative education platform blending wisdom, entrepreneurship, and emotional intelligence.
  • SEPC (Sikok Eirene Peace Coin): A blockchain-based digital currency rewarding peacebuilding and community contributions.
  • Googolplex Genius Clubs: Training hubs for future peace leaders and ethical entrepreneurs.
  • Global Wisdom Vault: A decentralized archive to preserve and share sacred knowledge and traditional practices from indigenous and faith-based communities worldwide.

Dr. Khurana’s vision is also closely aligned with international peace movements and the objectives of the United Nations. The initiative includes proposals for AI-led peace councils, youth and elder mediation forums, and decentralised governance structures based on values of transparency, inclusion, and nonviolence.

Another prominent element is the Googolplex Travel for Free Project, which leverages AI optimization, tokenised rewards, and global partnerships to facilitate zero-cost global travel. Designed to promote intercultural exchange and economic accessibility, the program offers members credits redeemable for flights, accommodations, and cultural experiences.

By fostering cross-cultural collaboration, ethical business practices, and grassroots community engagement, the Googolplex initiative seeks to create a new global standard for innovation rooted in compassion and equity. Its long-term goals include the empowerment of 10 million peace entrepreneurs, the recognition of 1,000 ethical billionaires, and the establishment of decentralized City of Peace franchises in every participating nation.

The official unveiling of the initiative is scheduled for October 12, 2025, in Dubai, where global leaders, innovators, spiritual representatives, and peacebuilders will gather at the Googolplex Smiles Global Summit. The event will also serve as the launch platform for several key components, including the Billionaire of Peace Certification Program and the Sikok Meta Tech Gala Dinner.

The movement is supported by a diverse coalition of thinkers, entrepreneurs, and global citizens committed to reimagining prosperity in terms of purpose, transparency, and collective well-being. The initiative’s blueprint presents a vision where technology and spirituality converge to create a world governed not merely by profit, but by peace, progress, and moral integrity.

Contact Information:

Email: 

press@gspbillionaires.club

Sikokmedia@gmail.com  

LinkedIn: Dr. Narendra Singh Khurana

Media Contact:

Company Name: Googolplex Smiles Party Billionaires Club – USA 

Contact: Team Sikok Dubai, India

Email: Sikok@gspbillionaires.club, Sikokmedia@gmail.com

Website: https://www.linkedin.com/in/dr-narendra-pal-singh-khurana-96387a67

Country: United States of America

About Author

Cloud PR Wire

See author's posts

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

Continue Reading

Press Release

Dr. Shreyank Educare Expands Math Tutoring Services in Burnaby with Flexible In-Person and Online Support

Published

8 hours ago

on

August 3, 2025

By

In a move that brings tailored academic support closer to home, Dr. Shreyank Educare has expanded its in-person and online options for students searching for a reliable “math tutor near me.” The center now offers full support for both high school and university-level math, including UBC and Langara courses, all under one roof in Burnaby.

With many students struggling to find qualified math tutors near them who can explain complex concepts clearly, this initiative bridges a critical gap in local education. Dr. Shreyank Educare’s new offerings cater to a wide spectrum of learners—from students tackling Pre-Calculus 11 to those enrolled in UBC’s STAT 200 or MATH 152.

“Students today need targeted, flexible support that fits their course content and exam goals,” said Dr. Shreyank Gupta, the center’s founder. “This is why we created structured programs that go beyond traditional tutoring and focus on real results.”

What’s Included in the Math Tutoring Program?

High school courses: Mathematics 8 and 9, Foundations of Math 10–12, Pre-Calculus 11 & 12

College/university support: Statistics and Linear Algebra, aligned with UBC and Langara curriculums

Test prep: Help with Math Diagnostic Tests (MDTs), Math Proficiency Tests (MPTs), and Basic Skills Tests (BSTs)

Students can choose from:

  • 1-on-1 sessions for personalized instruction and homework help by qualified math tutor in Burnaby
  • A Drop-In Program for quick, focused tutoring when needed
  • A Tutor on Call service for immediate access to expert help—perfect for busy schedules or late-night studying

This flexible format is ideal for students across Burnaby and other cities looking for a reliable online math tutor. Learners outside Burnaby can benefit from the same quality instruction via virtual sessions that mirror the in-person experience.

Enrollment Now Open

The program is currently accepting new students. To learn more or schedule a consultation, visit www.drshreyankeducare.com or call +1 672-514-7587. In-person sessions are held at the learning centre on 2088 Madison Avenue, Burnaby, with online options available across Canada.

About Dr. Shreyank Educare:

Founded by Dr. Shreyank Gupta (PhD), Dr. Shreyank Educare is a student-focused academic center offering tutoring in mathematics, science, finance, computer programming, and test preparation. With a mix of in-person and online tutoring in Canada, the center empowers students from high school to university with personalized, expert-led support that drives real academic progress.

 

 

Media Contact:

Email: info@drshreyankeducare.com

Phone: +1 672-514-7587

Website: https://drshreyankeducare.com/

Person Contact Name : DR Shreyank Gupta

Location City State: Burnaby

Company Name: Dr. Shreyank Educare

 

About Author

Cloud PR Wire

See author's posts

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

Continue Reading

Press Release

Covert Currency Launched: Pepe Dollar ($PEPD) Mobilizes for Meme-Based Economic Rebellion

Published

9 hours ago

on

August 3, 2025

By

 

 

 

In a world awash with fiat instability and centralized financial control, a new digital currency has emerged not just as a joke, but as a layered social commentary: Pepe Dollar ($PEPD). This tongue-in-cheek financial revolution is now live with its presale and invites meme lovers, digital rebels, and decentralized dreamers to join its movement.

Website: https://pepedollar.io

DApp Platform: https://app.pepedollar.io

Telegram Community: https://t.me/pepedollarcommunity

Pepe Dollar News: https://coinmarketcap.com/currencies/pepe-dollar/

The Meme Economy’s Weapon of Choice

Pepe Dollar is no ordinary meme coin. It’s a Layer-2 payment infrastructure built specifically for the meme economy, engineered to empower users with real, usable value amid the chaos of valueless fiat currencies. With a fixed max supply of 3.695 billion tokens, a satirical nod to the $36.95 trillion U.S. national debt, $PEPD is a direct critique of inflationary practices and centralized monetary policies.

But satire aside, the project is technologically serious.

“Pepe Dollar is a punchline, but also a platform,” says the development team. “It’s for everyone tired of being rugged, restricted, and regulated by outdated systems.”

A Decentralized Joke with Real Purpose

Built on Ethereum with cross-chain compatibility planned for Arbitrum, Polygon, Optimism, and BNB Chain, Pepe Dollar is pushing the boundaries of what meme coins can represent. Its backbone lies in the PepeDollar.fun platform, a no-code, decentralized environment where anyone can launch meme tokens with transparency and community-first economics.

Using smart contract automation and a mandatory bonding curve, the platform minimizes price manipulation and pump-and-dump risk. Each project launched via Pepedollar.fun comes with:

  • A tokenomics dashboard for real-time transparency
  • Locked liquidity features
  • Developer wallet tracking
  • A built-in community chat
  • A creator bio section
  • A meme gallery

This isn’t your average meme coin playground, this is meme capitalism with ethics.

Accessible for All, Built for the Future

PepeDollar.fun democratizes token creation. No coding skills? No problem. Users can mint coins effortlessly while the system handles everything from deployment to exchange integration.

It’s a hub for creators, communities, and culture. The development roadmap includes:

  • Cross-chain deployments
  • Governance mechanisms
  • Creator verification system
  • NFT integrations for meme branding

“We’re building the infrastructure for meme economies of the future,” the developers emphasize. “If fiat fails the people, memes will fund the resistance.”

The $PEPD Token: Currency of Culture

$PEPD is more than a meme coin; it’s the native token powering the entire Pepedollar.fun ecosystem. Whether it’s used to pay minting fees, unlock platform features, or reward community members, $PEPD is the financial fuel for this cultural economy.

Key token utilities include:

  • Minting and launching meme tokens
  • Access to premium features on Pepedollar.fun
  • Staking and liquidity rewards
  • Governance and voting rights for platform evolution

Join the Rebellion: Presale Now Live

The presale of $PEPD is your chance to be part of a movement before it goes viral. The team is offering exclusive early access with bonuses for early supporters. As the community grows, $PEPD aims to become the most recognized and respected meme coin infrastructure token on the market.

Website: https://pepedollar.io

dApp (Mint Platform): https://app.pepedollar.io

Telegram Community: https://t.me/pepedollarcommunity

Pepe Dollar News: https://coinmarketcap.com/currencies/pepe-dollar/

About Pepe Dollar

Pepe Dollar ($PEPD) is a decentralized digital asset designed as both satire and solution, a humorous yet functional take on fiat money. Created for the meme economy, $PEPD enables users to create, fund, and manage decentralized meme coins using intuitive tools and fair pricing models. With community at its core and innovation in its DNA, Pepe Dollar is pioneering a new era where memes meet money, and every token tells a story.

For Media Inquiries or Collaborations:

Email: Info@pepedollar.io

TG: https://t.me/pepedollarcommunity

 X: https://x.com/PepeDollarETH

Company Name: Pepe Dollar Labs

Contact Name: Community Media Team

Website: https://pepedollar.io

country: Ajeltake, Marshall Islands

About Author

Cloud PR Wire

See author's posts

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

Continue Reading

LATEST POST

Like Us
Follow Us
Subscribe Us
Follow Us