coinIX GmbH & Co. KGaA has invested in Impossible Cloud Network, a decentralized cloud platform that enhances data security and performance, expanding its portfolio in decentralized physical infrastructure.

Target Information

The Impossible Cloud Network is a decentralized cloud platform designed to store data across a distributed architecture. Users can seamlessly integrate Impossible Cloud into existing workflows and applications, ensuring efficient and interruption-free data management. In contrast to centralized cloud providers, Impossible Cloud enhances backup security while simultaneously boosting performance. Its decentralized architecture mitigates single points of failure, resulting in improved availability with reduced downtime and increased resilience through faster recovery times.

Furthermore, Impossible Cloud adheres to the General Data Protection Regulation (GDPR), ensuring user data is processed in compliance with strict European data protection laws. All data is geographically restricted to Europe and stored in state-of-the-art, ISO-certified data centers that meet the highest standards of security and redundancy, providing comprehensive protection for sensitive information.

Industry Overview in Germany

The digital asset and blockchain technology sectors in Germany are rapidly evolving, driven by increasing adoption of decentralized solutions across various industries. Germany's strong regulatory framework and commitment to safeguarding consumer rights have

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coinIX GmbH & Co. KGaA

invested in

Impossible Cloud Network

in 2024

in a Other VC deal

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