Sia

What is Sia?

Sia is a decentralized cloud storage platform that empowers users to take control of their data. The platform utilizes advanced encryption and data distribution techniques to ensure the security and resilience of user files. Each file is split into numerous encrypted fragments and dispersed across a global network of independent storage hosts, with only a subset required to recover the original data. A blockchain-based system ensures that hosts are only compensated for their reliable storage contributions. This open, distributed architecture allows Sia to leverage a worldwide network of small-scale data centers, offering a highly competitive cloud storage solution. While the platform is ready for use with smaller, non-critical files, it is advised to exercise caution when storing important data until the network has an established track record

Highlights

• Decentralized cloud storage powered by a global marketplace of independent storage hosts
• Data is split into encrypted fragments and dispersed across the network for enhanced security and resilience
• Blockchain-based contracts ensure hosts are paid only for reliable data storage
• Ability to leverage a worldwide network of small-scale data centers for cost-effective storage
• Automated transcript processing with advanced image recognition and data extraction capabilities
• Eliminates the need for manual data entry into university information systems