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Sia

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YottaChain

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Sia

by Sia

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YottaChain

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What problem does this service solve?

Sia uses blockchain technology to connect users who need file storage with hosts anywhere who offer underutilized hard drive capacity.YottaChain's goal is to create a faster and more secure decentralized file storage network.

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Company Description

Sia a blockchain-based file storage solution that encrypts files and stores them on a peer-to-peer network. It is open source, Their goal is to bring a greater degree of privacy to cloud file storage, while also making it faster and cheaper. Cloud storage solutions that currently dominate the market, such as Dropbox and Google Drive, offer limited privacy options. These centralized storage systems control all the files. Sia, along with Storj, Filecoin, and other blockchain storage companies are trying to address these privacy concerns.

YottaChain is developing a blockchain-based file storage solution with enhanced encryption capabilities. The company takes its name from the largest unit of measurement in the metric system. YottaChain aims to create a decentralized storage network that improves upon existing centralized storage systems, as well other blockchain projects working in the storage field such as Filecoin.

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