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Siacoin Price: $0.003550 -0.28%
What is Siacoin?
Sia is reinventing cloud storage. Our technology connects users who demand file storage with hosts offering hard disk capacity that is underutilized. Blockchain technology secures their data and enables economics for hosts and users.
The Sia blockchain permits this marketplace to run with no intermediary. Sia secures storage arrangements with intelligent contracts, when compared to cloud suppliers creating a offering. Nobody person or organization can censor or deny access to data?not miners, not programmers, nor any government. We consider Sia?s distributed, decentralized storage technology is more powerful, more secure, more efficient, and more equitable for the entire ecosystem.
We believe that neither individuals nor institutions ought to be beholden to businesses. Sia was created to promote and safeguard users? freedoms. Our attempt to bring decentralized storage built on blockchain technology into the mainstream without sacrificing performance or price.
Our long-term goal is to eventually become the backbone storage layer of the Internet.
Nebulous, Inc. was launched in 2014 and found the Sia Storage Platform in 2015. According to Boston, Nebulous is financed First Star Ventures, by Raptor Group, Fenbushi Capital and INBlockchain.
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