Hivello and Swarm in Partnership
For advancing decentralization and empowering fairer data economy
This is a Press Release edited by StorageNewsletter.com on December 20, 2024 at 2:01 pmHivello Holdings Ltd, a platform focused on aggregating DePIN (Decentralized Physical Infrastructure Networks) projects, is partnering with Swarm, a decentralized storage and communication system.
This collaboration aims to increase the number of nodes in the Swarm network and further enhance its geographical decentralization.
Hivello provides users with a way to earn passive income using their idle desktop devices. Their platform aggregates the top-performing DePIN networks like Swarm into a simple, user-friendly desktop app that requires no technical or crypto expertise.
Swarm is a decentralized peer-to-peer network offering data infrastructure, and private messaging. Its fault-tolerant architecture and erasure coding ensures uninterrupted access to your data. Fully decentralized and DDoS-resistant, Swarm offers zero downtime and reliability. With privacy-first cryptographic tools and ‘Single-owner-chunks,’ it guarantees zero-leak data security. Swarm fosters a global, borderless community committed to creating a more decentralized and equitable web.
The partnership is based on shared fundamental principles; Swarm is creating the decentralized backend of web3. Through Hivello’s simplification layer, the Swarm network will become accessible to a broader audience thus increasing decentralization and security.
Starting in 2025, Hivello will gradually add batches nodes to the Swarm network in geographic areas that have been underrepresented in the current node pool. Both parties aim to expand the network by maintaining a healthy balance between supply and demand.
“Our partnership with Swarm aligns perfectly with Hivello’s mission to empower individuals and communities through decentralized infrastructure. By integrating Swarm’s innovative storage and communication system into our platform, we’re making it easier for users worldwide to contribute to and benefit from the growth of a truly decentralized web.” said Domenic Carosa, co-founder and chairman, Hivello.