FileTrust is a new platform for secure and decentralized file sharing that utilizes advanced technologies to protect data.
What is FileTrust?
FileTrust is a decentralized file storage service that offers better information security through the application of advanced technologies such as blockchain and IPFS (InterPlanetary File System). Unlike ordinary cloud storage, your files in FileTrust are broken down into numerous encrypted fragments that are distributed across various nodes globally. This way, no one can access your entire file without permission, significantly enhancing privacy.
How FileTrust Works
FileTrust uses several clever mechanisms to protect data:
File Dispersal: Your file that you upload is split into multiple pieces with the Information Dispersal Algorithm (IDA).
Encryption: Each of these file pieces is encrypted with robust layers of security.
Decentralized Storage: These encrypted fragments are kept on nodes in a distributed IPFS system.
Secure Access and Retrieval: When you need your file, you can decrypt and download the full file using your private keys.
The Future of FileTrust and Its Token
FileTrust has its own cryptocurrency called FileTrust Token (FTU), which plays a key role in the ecosystem. FTU serves to:
- Pay for storage and data retrieval services; - Earn tokens by contributing storage and helping with security; - Vote to help decide the future of the platform.
Token distribution is planned with 20% for founders and the team, 30% for public sale, 25% for the community, 15% for Vault Keepers, and 10% for a reserve fund.
FileTrust offers a smart solution for reclaiming control over digital data in a risky environment. The platform combines technologies like blockchain and cryptography to provide a secure and transparent way of file sharing.
