Green digital cloud receiving datas from businesswoman hand
Firms that offer cloud storage often store customer data in a centralized server, which increases network vulnerabilities to the dangers of hacker attacks.
Cloud storage solutions based on distributed ledgers enable decentralized storage and thus reduce system exposure to attacks that can cause systemic damage, loss or spread of stored data. Storj has developed a cloud storage network enabled by the technologies in question, which has made it possible to improve security and reduce transactional costs associated with storing information in the cloud.
Users of the Storj services can also lease their unused digital storage space potentially creating a new parallel buying and selling market in the cloud.