Filecoin: A Bitcoin-based data storage network and cryptocurrency.
Location
Palo Alto, CA, US
Founded
2014
Filecoin is a decentralized storage network designed to store humanity’s most important information. It operates at the intersection of data storage and cryptocurrency, leveraging blockchain technology to create a secure and efficient system for managing digital assets. Filecoin's investment focus is on developing and enhancing its own network infrastructure rather than traditional venture capital investments in external startups.
Filecoin's unique value proposition lies in its innovative use of blockchain technology to provide decentralized data storage solutions. The network incentivizes users to participate by offering cryptocurrency rewards, thereby ensuring robust and distributed data storage. Key figures behind Filecoin include experts in blockchain and decentralized technologies, although specific names are not highlighted. The platform's investment philosophy centers on decentralization, security, and scalability, aiming to revolutionize how data is stored and accessed globally.
Filecoin - Classification
NAICS
520000Finance and Insurance
522000Credit Intermediation and Related Activities
522300Activities Related to Credit Intermediation
522320Financial Transactions Processing, Reserve, and Clearinghouse Activities
SIC
6000Depository Institutions
6090Functions Related To Depository Banking
6099Functions Related To Depository Banking, Not Elsewhere Classified
Show 3 more industry codes
SIC
6200Security And Commodity Brokers, Dealers, Exchanges, And Services
6280Services Allied With The Exchange Of Securities Or Commodities
