Take control of your personal data

The Verida network is a self-sovereign “user-pays” model, whereby users pay for their own storage needs. In this way, “access to user data” is not the product, rather the product is the “security and protection” of user data. Node operators must bond (i.e. through single-sided staking) VDA tokens to make their nodes discoverable. It is intended that the storage market self regulates itself through competitive forces as providers set their own storage prices.

Web2 offers an abundance of storage options for different use cases. Similarly web3's unique needs will demand specific solutions. Existing web3 decentralized storage models such as Filecoin, Sia, and Arweave are robust for public data, but fall short for private personal data. They are designed for storing static content like images and documents, rather than being highlyperformant databases with real time syncing capabilities. Verda fills this gap by addressing speed, authentication, encryption, and regulatory issues for handling private data storage.

Learn more about Verda's storage infrastructure