Storj (pronounced: storage) aims to become a cloud storage platform that can't be censored or monitored, or have downtime. It is the first decentralized, end-to-end encrypted cloud storage that uses blockchain technology and cryptography to secure your files. Storj is a platform, cryptocurrency, and suite of decentralized applications that allows you to store data in a secure and decentralized manner. Storj uses blockchain features like a transaction ledger, public/private key encryption, and cryptographic hash functions for security. Storj is working hard to solve data security issues with the help of its own web app, Storj, which lets you store your files, and client app, Storj Share, which lets you rent your hard-drive space for money.
Storj Token is used to buy the storage space, reward users whorent out their unused hard drive space.