Filecoin was introduced by Protocol Labs, a research and development company founded by Juan Benet.
The Creators of Filecoin
Protocol Labs, a prominent research and development company, is the entity behind the creation of Filecoin. Established in 2014 by its founder, Juan Benet, Protocol Labs officially introduced Filecoin to the public in May 2017.
Filecoin functions as a decentralized storage network designed to facilitate secure and efficient data operations. Its core purposes include:
- Monetizing Data: Allowing individuals to earn by sharing their unused storage space.
- Storing Data: Providing a robust and distributed system for data storage.
- Retrieving Data: Ensuring reliable and accessible data retrieval across the network.
Through Protocol Labs, Juan Benet spearheaded the development of this innovative blockchain-based system, aiming to revolutionize how digital data is stored and accessed globally.
