Blockchain technology scientific discipline has already disrupted the fiscal manufacture together with the race is straight off on for who tin utilise the innovative concept inwards the P2P cloud storage space. Storj Labs Inc, an Atlanta-based startup leveraging blockchains & cryptography to get a P2P file storage marketplace, lately partnered upwards alongside developer tools platform Heroku Elements Marketplace.
The partnership opens upwards Storj’s blockchain-based storage network to existing Heroku clients, alongside no overhead costs. Storj’s collaboration alongside Heroku is currently inwards the testing stage together with beta testers volition non live on required to pay for storage infinite alongside the Storj digital currency, which currently trades on the Poloniex crypto-currency exchange.
“During the beta testing period, access to Storj volition live on free, only similar inwards our electrical flow standalone product,” says Storj.
More recently, yesterday, inwards fact, Storj Labs CEO Shawn Wilkinson presented his company’s vision at the Venture Atlanta 2016 conference together with announced Cox Enterprises, an Atlanta-based communications conglomerate, equally Storj's outset Fortune 500 client:
@super3 presenting @storjproject at @VentureAtlanta together with announcing outset Fortune 500 customer, @CoxEnterprises storing 1PB of information pic.twitter.com/98d4cchnqy
— John Quinn (@StorjQ) November 2, 2016
Storj Labs is i of a few startups aiming to launch a fully decentralized cloud storage network, where uploaders pay cloud infinite providers - called farmers - alongside a digital token. The projection was launched inwards 2014, raising a staggering 910 bitcoin - only about $626,000 at today’s commutation rates - via crowdsale.
Interestingly, the Storj digital token is i of the few digital currencies that has managed to growth inwards cost over the concluding 2 years, acre many other choice cryptocurrencies accept lost seat down against Bitcoin. The COX enterprises proclamation spiked the Storj commutation charge per unit of measurement only about 27.5 percent.
Storj nautical chart via Poloniex