- Filecoin is a decentralised storage platform that provides security.
- The amount of data stored on the Filecoin ecosystem is fully secured and encrypted.
The official blog post of Filecoin notes that the platform has collaborated with Seagate, EY, AMD and Protocol Labs to develop and launch a decentralised storage alliance.
The blog highlights that the main aim of this recent alliance of Filecoin is to help Web2 enterprises transition through education, advocacy, and best practices.
Filecoin and its other associate members highlight that it seeks to achieve this by bringing together the diverse perspectives of leading Web2 and Web3 industry players such as Advanced Micro Devices, Ernst & Young, and Seagate Data Storage Solutions.
The company aims to become a trusted protocol where multiple companies can come together with technologies such as Web3 decentralized storage to boost its adoption.
Source: https://www.thecoinrepublic.com/2022/11/03/protocol-labs-collaborates-with-amd-seagate-for-betterment-of-decentralized-storage/