What is Storj (STORJ)? | Storj Crypto Explained in Under 60 Seconds #Shorts

Storj Labs is a decentralized cloud storage network where data is securely stored using a global network of node operators. The Storj token (STORJ) powers the network. Used as incentives for node operators & demand partners, a medium of exchange & payments.

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Decentralized Cloud Storage eliminates data breaches by fragmenting and storing files on hard drives around the world. Provides a secure decentralized cloud storage solution.

The Storj network can be used to store media content, backup & recovery files, large file transfers, hybrid cloud storage & other data.

Node Hosting - Node operators are paid to run storage nodes, where file fragments are distributed across a global network and privately stored.

Tardigrade.io - Tardigrade is the encrypted storage service that enables users to securely store, backup and archive data on the decentralized network.

With data encrypted on the client-side, only the file owner has the keys to retrieve the data. File shards are stored on dozens of nodes and encrypted.

WEBSITE: https://www.storj.io/