Serenity Shield Labs, a sensitive data storage solution on blockchain, has entered into a partnership with educational publisher Technologies to digitize and store archival content using Web3. Serenity Shield’s Web3 storage technology will permanently store user-data for Contentra customers.
Why it matters:
This partnership is a win-win for the parties involved. Until now, Contentra’s customers have been able to digitize and store their documents in all formats. With this partnership, Contentra’s users will be able to store their data on the blockchain.
Blockchain-based storage offers Contentra’s users the following advantages:
- More advanced data storage than legacy cloud-based storage services
- High storage volume
- Enhanced security
- Data monetization opportunities
This partnership may be Serenity Shield’s ticket to the big leagues. It is Serenity Shield’s first B2B partnership and will be a litmus test for its StrongBox product. StrongBox is a virtual safe secured by the most effective form of cryptographic security. Users own StrongBox and this takes data ownership to the next level.
Serenity Shield’s CEO Venket Naga is pleased with the partnership. “We are delighted with this partnership, which allows us to accelerate our B2B business by reaching out to industry-leading corporations and following our roadmap faster and more efficiently,” remarked Naga in a press statement seen by this publication.
Naga further added that this partnership cements Serenity Shield’s mission to bridge the gap between Web2 and Web3 while using artificial intelligence to revolutionize the storage industry.
The big picture:
Serenity Shield wants to change how data is stored and retrieved. The startup utilizes the immutable security of smart contracts as well as StrongBox Dapp to offer users a secure and user-friendly way to store their data.
Serenity Shield has a partnership with Secret Network, a base layer blockchain network with built-in data privacy, to ensure the privacy of data and information stored by users.
Data has become very important in this digital economy. This is why in 2006, British mathematician Clive Humby pointed out that “data is the new oil.”
This is true on many fronts, but it has also made data storage a risky business for individuals and companies. Data breaches in 2022 affected at least 422 million people. What makes it even worse is that hackers have made millions from selling people’s data on the dark web.
In short, there is a need for a secure way to store people’s data. This is the shoe that Serenity is filling with its set of groundbreaking technologies rooted in the immutability and decentralization of blockchains.
How it works:
There is a lot that goes on behind the scenes but in simpler terms, Serenity Shield works as follows:
- The StrongBox Dapp uses Secret Network to store and protect user data.
- The stored data is divided into three encrypted NFT fragments, or keys, which are then securely stored on the Solana blockchain.
- The user has a choice of keeping the keys on Solana or wrapping them and using them on BNB or Ethereum blockchains.
What does it mean for Serenity Shield’s token?
$SERSH is the utility token of the Serenity Shield ecosystem. It is used to fuel the StrongBox Dapp and other products and services that may be launched in the future.
As Serenity Shield proves its worth as a secure storage solution, it is a no-brainer that its $SERSH will be traded favorably on the open market.
For now, Serenity is focusing on being a shield for user data. And Contentra users have the opportunity to put the blockchain-based data storage solution to the test.
