Cloud-based applications that I use in my daily life is google drive and one drive.

Google drive is a cloud based application that can provide encrypted and secure access to files.
This system would not work in the outside the cloud because the cloud makes google drive work.
Advantages to having this system on a distributed network is easier file sharing, file saving, and transfers. The only security concern when using this system is that if someone where to have access to your gmail account, they can have all of your files. The privacy concern that google drive has is that google can view your files.

Onedrive is a cloud-based application created by microsoft that keeps files protected, synced, and accessible on all your devices. Similar to Google Drive, this system wouldn’t work outside of the cloud because the cloud makes this service work. Advantages of having this system on a distributed network is the ability to share photos and videos with friends, file transfering, file saving, and file sharing. Privacy and security concerns that deal with one drive is malicious hackers, and Microsoft being able to see your files. Like Google Drive, Onedrive can be used on a mobile device and a desktop device.