Volatile memory is usually in the form of a microchip or other hardware that requires an external power source to enable data to persist.
This means that you can write data to it, and that information will persist even in the absence of a power source.
Typically read-write speeds are limited to its bandwidth or have mechanical limitations of either rotation speeds and arm movement delays for storage types such as Cloud Storage, Hard Disk Drive or CD-RWs, DVD-RWs, SD cards, Solid-State Drive, SRAM, and DRAM, or other integrated circuitry.
[5] San Francisco in 1956, IBM was the first company to develop and sell the first commercial Hard Disk Drive (HDD).
The drive was the Model 350 disk storage unit, which was 3.75 megabytes of data storage capacity and had fifty 24-inch diameter disks stacked on a spindle and sold to Zellerbach paper.