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# Storj News

March 29, 2017 by at Blockchain, Business, Ethereum, News
Storj, the open-source distributed cloud storage platform, officially migrated from the bitcoin-based Counterparty protocol to the Ethereum network on March 23. Bitcoin browser Brave is also looking to the Ethereum blockchain to add value to its offering. Storj is a protocol which operates as a decentralized data storage platform wherein...
February 28, 2017 by at Altcoins, Finance, News, Tech
Storj, an emerging service provider for distributed cloud storage, has secured $3 million in a seed funding round. The offering proved to be a massive hit, with demand exceeding availability. Investors from all over participated, such as Google Ventures and Qualcomm Ventures to name a couple. While traditional data centers...
December 26, 2016 by at Altcoins, News, Tech
External third parties mostly dominate cloud storage space. Users can access their data on external hard drives via the internet, to name a few, iCloud, Google Drive, Drop Box are all examples of cloud storage providers. However, the inherent flaws of the trust-based model challenge these systems. Such deficiencies occur...
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