Storj is a cloud storage platform based on
blockchain technology. It encrypts all collected data and keeps it in a decentralized environment. This system is based on storage contracts executed between peers. Users pay money for renting disk space from other users. These payments are done in its own currency, Storjcoin (SJCX), or in other digital and traditional ones: BTC, Ether, ACH, US dollar. The main advantage of Storj is exclusion of third parties and central servers which could compromise security of your data. Decentralized cloud storage means compete distribution of stored information to thousands of nodes, which don’t have single point of control.