Aptos Labs and Jump Crypto unveil Shelby, a high-speed, chain-agnostic Web3 cloud storage layer designed for DePIN, AI, and streaming apps
The rapid expansion of global data storage requirements has resulted in a surge in demand for cloud services, leading to Shelby’s introduction.
Aptos Labs and Jump Crypto have developed a cloud-based storage network designed explicitly for Web3 and decentralized applications. The system’s creators assert that it is competitive with traditional cloud services.
The Shelby network unveiled on Tuesday is a globally distributed platform propelled by Aptos’ high-throughput technology. It is chain-agnostic, allowing for compatibility with Ethereum, Solana, and other significant blockchains.
Shelby is designed for developers who require cloud-like performance and remote access for demanding use cases, such as streaming video, artificial intelligence, and decentralized physical infrastructure (DePIN) applications.
The Aptos blockchain, which is renowned for its emphasis on efficacy and scalability, was developed by Aptos Labs.
Jump Crypto, the digital asset division of Jump Trading Group, is actively involved in developing blockchain and crypto-native initiatives and venture investing.
Shelby is entering an exceedingly competitive cloud marketplace, with Amazon Web Services (AWS), Microsoft Azure, and Google Cloud as the dominant players.
In an interview with Cointelegraph, Pranav Raval, the engineering director at Aptos, stated that Shelby provides performance comparable to that of popular cloud platforms. However, it also enables developers to “maintain ownership, control pricing, and program business logic at the protocol level.”
AI Workloads Increase The Demand For Data Storage
Raval was questioned regarding the role of cloud services in supporting AI applications, particularly in the context of the increasing demand for data center infrastructure and the substantial data storage requirements.
S&P Global recently reported that the global data center power demand is expected to double by 2030, citing the International Energy Agency data.
The increasing demand for data is driving the demand for scalable, efficient storage solutions, which is increasing the pressure on cloud platforms to remain competitive.
“When data is activated, it develops new worlds and drives new economics, creativity, and coordination,” stated Raval.
“For AI, that means AI agents aren’t just smart, they’re connected to live, contextual data anytime, anywhere. AI data marketplaces hosted on Shelby empower builders to train models faster, using relevant data streamed in as needed.”
