Big tech companies have dominated the cloud-services market for decades now. Tech giants such as Amazon Web Services (AWS), Google Cloud and Microsoft Azure hold massive control, and it is a steep hill for other smaller players to compete fairly. But, as Web3 technologies begin to take hold, the decentralized cloud is emerging as a promising solution to this near-monopoly — one that could change the trajectory of the digital world.
For years now, businesses, startups and other entities have depended on centralized cloud services to store data, run applications and…
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