Decentralized cloud storage platform
- ICO start: 19. May 2017
- ICO end: 25. May 2017
Technology: Ethereum blockchain
Storj ICO Short Review
Storj (pronounced: storage) aims to become a cloud storage platform that can’t be censored or monitored, or have downtime. Storj is a platform, cryptocurrency, and suite of decentralized applications that allows users to store data in a secure and decentralized manner. It uses blockchain features like a transaction ledger, public/private key encryption, and cryptographic hash functions for security. Furthermore, it will be way cheaper (10x-to-100x), faster, and more secure than traditional cloud storage services. Storj is working hard to solve data security issues with the help of its own web app, Storj Share, and Libstorj. It is a decentralized, end-to-end encrypted cloud storage that uses blockchain technology and cryptography to secure online files. There is no need to trust a corporation, vulnerable servers, or employees with your files. Storj completely removes trust from the equation.