Published on:

March 10, 2022
Significant Use Cases of Blockchain in Decentralized Storage 
Blockchain in Decentralized Storage

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The rising interest in blockchain has led many businesses and individuals to experiment with the same and come up with amazing products. 

But, what separates it from other technologies is the decentralized storage mechanisms. The data is not stored in the hands of a few entities and can further boost the use of blockchain.

This blog will throw light on decentralized storage and its use cases. So ready, let’s dive in!

What Is Decentralized Storage?

What comes to your mind when it comes to data storage: 

Physical media can be hard drives, USB drives, or any other device. 

Centralized cloud storage- All your data is stored on the central cloud and is managed by a third party. It is prone to data leaks. 

At the same time, decentralized cloud storage lets you store data on a decentralized network across multiple locations. It is governed by groups to get incentives to store and keep the data accessible.