Amazon launched S3, its new online storage solution for web applications, and now you can store unlimited amounts of data on Amazon servers for $0.15 per GB os storage and $0.20 per GB for data transfer. It is Pay-as-you-go and there is no minimum fee and setup cost.

The storage space is accessed by standard SOAP and REST interfaces, and networking is handled by HTTP and BitTorrent protocols. The data streams are encrypted with customer-specific keys, and access rights are supposed to be granular enough to provide private or public storage object by object, and user by user. It is a lightweight, scalable, flexible, and redundant storage solution, and Amazon says it is even secure.


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