DECENTRALIZED DATA STORAGE: ADVANCEMENTS, CHALLENGES & FUTURE DIRECTIONS

Abstract

The concept of decentralised data management is the generation that has brought solutions to numerous concerns of data security challenges, privacy, and accessibility and the requirements of designing new storage systems with the rising phenomenon of digitalisation of the society. following areas of discussion are presented in this thesis: It deals with overlaying the concept of decentralized storage, its importance, advancement, challenges, and opportunities for the future. From the historical perspective that was construed on data storage technologies, the work presents a complete chronological description of Decentralised Storage Solutions including. Blockchain and related technologies such as Distributed File Systems, and Peer to Peer Networks – and explain the connection between the three. Subsequently, based on the assessment of decentralised storage novel in the last four years, it makes clear conceptual premises concerning scalability, performance, protection, and legal requirements. Explaining the specifics of concrete cases of the well-known platforms of decentralized storage and the protocols helps to discuss real examples Explaining the specifics of concrete cases of the well-known platforms of decentralized storage and the protocols included to the list of the promising tools helps to discuss their application to solve the tasks Examples of the concrete use of such systems also expand notion about their effectiveness and further potential application. A summary of the general benefits and know weaknesses connected with the use of decentralized storage recognizes the fact that there is still much work to be done in this sphere with regard to the search for the most beneficial opportunities and options. The consideration of the main advantages of decentralised data storage and its numerous problematic aspects that can be deemed as potential for further development in the future, such as the future scalability issues, the problem of data synchronization, data access rights, and system reliability, prove that there are dozens of footsteps future research and improvement. A more detailed account of the scalability problems, the approaches towards ensuring data coherence, or the access control model, as well as the aspects of fault tolerance provide an outlook of the directions in which one may strive in order to advance and improve. This is coupled with the emphasis made to solving basic security concerns that endanger the notion of decentralised storage and sharing together with identification of the key effective approaches in combating cyber threats and boosting general dependability of the distributed storage platforms. Moreover, the thesis describes the trends such as sharding methods, incentives structures, and compound storage structures by providing the level of comprehension of their profound impact and transformative roles in the decentralized storage vi system.The following are among such vast and interrelated issues that should form part of the future research as: It is illuidated as scalability and performance, security and privacy (sisters), standards, governance, sustainability and others and thus I may fail to acknowledge certain idea(s) you realize could still could need stronger and precise suggestions on probable future research by scholars in this specialty. Therefore, the Distributed archives can be revealed as a ray of hope that can show us the correct direction to solve the most challenging problems, which the present-day data environments face. Therefore, much more concretely, through the call for innovation, collaborative process, as well as the approach to interdisciplinary projects, decentralized storage will be right for unprecedented opportunities for establishing a better environment and opportunities for defining and improving Equity in Digital environment towards decentralized and secure and sustainable future.