What we do.
To make our vision a reality, we created the world’s first decentralized cloud object storage network, Storj DCS. Storj DCS is private by design and secure by default, delivering unparalleled data protection and privacy versus centralized cloud object storage alternatives. Default encryption, user-assigned access controls, affordable and predictable pricing, a robust library of technical documentation, and a vibrant user community enable developers to confidently, easily, and economically leverage decentralized technology to take control of their data.
How we do it.
Storj started as the brainchild of Shawn Wilkinson, our founder, when he created the first prototype at the Texas Bitcoin Hackathon. Later that year, Storj received its first funding to build the world’s first Decentralized Cloud Storage network. As of 2021, Storj Labs currently has 60+ globally distributed employees, in dozens of countries, and we're contstantly growing. Storj DCS provides private, secure, and economic cloud object storage and currently stores 4PB across 13,000+ active storage devices (Nodes) in 87 countries worldwide.
The STORJ Token.
The Storj Network uses STORJ token, an ERC-20 utility token, as an exchange of value across its network. The token enables Storj to send and receive payments worldwide for minimal costs and no currency conversion fees. Payments with STORJ token also provide a fast, transparent, scalable, and easy payment solution for customers.