Filecoin Foundation and Lockheed Martin partner to bring decentralized storage to space

Filecoin Foundation and Lockheed Martin partner to bring decentralized storage to space

Filecoin Foundation and the American aerospace tech firm Lockheed Martin announced plans on Monday to design decentralized storage for the space industry. The collaboration intends to build infrastructure to share information, hasten communication and reduce storage costs between earth and space.

The main tool for decentralized storage is the InterPlanetary File System (IPFS), a blockchain-based storage protocol that stores files based on content, using ‘content IDs,’ over location.