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  5. AM Cloud chooses Binero for European expansion

Successful collaboration with IBM and major bank

AM Cloud selects Binero for European expansion of decentralised blockchain-based network IPFS.

We are delighted to announce that AM Cloud has chosen Bineros' data centre for the further development of its global decentralised storage solutions. AM Cloud's storage service is based on technology from the world's largest distribution network — Filecoin and IPFS (InterPlanetary File System). Filecoin is an open source blockchain-based project designed for Web 3.0.

“Binero was able to offer us the flexibility, speed and security we needed to quickly set up a significant number of servers powered by green electricity. Our collaboration with Binero also enables us to meet the data integrity and compliance requirements of European law,” says Tomas Norgaard, co-founder and CEO of AM Cloud Sweden AB.

Read the full press release here.

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