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Storj is an encrypted cryptocurrency-based file storage solution that stores files on a peer-to-peer network. Their goal is to leverage the benefits of blockchain to make online file storage more secure, faster, and cheaper. The network is powered by the Ethereum-based STORJ token.
| 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.
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