DeStor Newsroom

DeStor and Akave Partner to Bring Enterprise Data Lakes On-Chain

Written by Kenton Langstroth | Sep 19, 2024

The strategic collaboration introduces a scalable, S3-compatible decentralized storage solution tailored for enterprises focused on AI, Web3, and data analytics.

New Jersey, September 12, 2024 –DeStor, a leader in decentralized storage solutions, today announced a new partnership with Akave, a pioneering Layer 2 storage chain that enables on-chain data lakes. The collaboration brings a breakthrough S3-compatible cloud storage solution to market, designed to meet the needs of enterprises managing large datasets.

Akave Enterprise provides enterprise clients with access to secure, scalable, and immutable data storage, guaranteeing data integrity and boasting an 80% cost savings compared to traditional cloud providers. The solution also offers enhanced data security, fast recovery options, and end-to-end data provenance. Akave is uniquely designed to support optimized AI inferencing, fine-tuning, edge computing, and persistent data storage, all while providing enterprises full control over their data.

“IT leaders view the integration of decentralized storage and AI as a necessary evolution to stay competitive,” said Mara McMahon, Co-Founder and CSO of DeStor. “We’re thrilled to partner with Akave to deliver scalable and secure storage solutions tailored for AI workloads.”

“By combining Akave’s decentralized storage network and enterprise-grade tools with DeStor’s leading marketplace, we are creating new ways to implement blockchain powered cloud storage,” said Stefaan Vervaet, CEO of Akave. “Our joint solution provides enterprises with the high-performance object storage ideal for managing large datasets while maintaining the security and integrity of their data.”

Early adopters of Akave include Bethel, a blockchain-based data management platform.

“Working with Akave marks a significant step in our mission to provide our users with unparalleled storage solutions,” said Sanjeewa Silva, Founder of Bethel. “Their high-performance, S3-compatible cloud storage ensures that data is not only securely stored but also remains highly resilient against unauthorized access and potential breaches.”

The partnership underscores DeStor’s commitment to advancing decentralized storage technology, helping enterprises adapt to the increasing demands of AI and Web3 workloads with an innovative, cost-effective storage solution.

About DeStor

DeStor is a leader in decentralized storage solutions, harnessing blockchain technology to deliver secure, scalable, and verifiable enterprise-grade storage services. By seamlessly integrating Web3 technologies with enterprise applications, DeStor empowers data owners to easily try decentralized storage through effortless drag-and-drop solutions or access white-glove consulting services, solving business challenges to deliver tangible outcomes. Committed to integrity, clarity, and expertise, DeStor is redefining the future of data storage. For more information, or to upgrade to DeStor, visit https://destor.com

About Akave

Akave is pioneering the future of data management as the first Layer 2 storage chain that enables on-chain data lakes. Verified by ZK-proofs and built on Filecoin, our mission is to bring humanity's datasets on-chain by simplifying and securing decentralized data storage. Learn more at Akave.ai.