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Filecoin Announces The Launch Of The Decentralized Storage Alliance

Twitter icon  •  Published 2 years ago on November 1, 2022  •  Hassan Maishera

The Filecoin team announced via Twitter on Monday that it has partnered with Protocol Labs, AMD, Seagate, and EY to launch the Decentralized Storage Alliance.

Filecoin Announces The Launch Of The Decentralized Storage Alliance

The Filecoin team announced via Twitter on Monday that it has partnered with Protocol Labs, AMD, Seagate, and EY to launch the Decentralized Storage Alliance. The team explained that the alliance would support organizations as they adopt decentralized technologies and transition from web2 to web3.

The Alliance is a first-of-its-kind, member-led industry organization to drive awareness and adoption of decentralized technologies, such as Filecoin, IPFS, and libp2p, and help enterprises in Web2 make the transition to Web3 through education, advocacy, and best practices, Filecoin explained.

Filecoin is a decentralized storage network that serves as an incentivization layer on top of the InterPlanetary File System (IPFS). FIL has added less than 1% to its value over the past 24 hours and is currently trading at $5.42.

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Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.

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