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Storj Labs Joins Microsoft's Azure Blockchain as a Service Platform
In a bid to make its service more easily accessible to enterprise audience, Storj Labs, the distributed object storage company, has announced that it is joining the Microsoft Azure Blockchain-as-a-Service (BaaS) ecosystem.
Storj Labs aims to bring decentralized cloud storage to the average business and consumer. The company was born out of the open-source Storj project, in which several developers came together to create the most efficient, economical, decentralized cloud using the blockchain protocol and the principles of the sharing economy.
Storj aims to become a cloud storage platform that can’t be censored or monitored, or have downtime. It allows users to store data in a secure and decentralized manner. The data is stored among a community of “farmers”, who share their unused disk space with the network in exchange for compensation in cryptocurrency (SJCX).
Addition of Storj to the Azure BaaS platform will enable Azure users to spin up a server pre-configured with Storj libraries to instantly access the Storj platform, using a 1-click deployment process.
“Microsoft is excited to host Storj Labs on Azure BaaS, providing our growing community of partners a fantastic distributed object storage application”, said Marley Gray, Director BizDev & Strategy for Cloud & Enterprise Blockchain at Microsoft Corp.
Several blockchain and decentralized platforms have joined the Azure BaaS platform in the past couple of months. These include blockchain development platform Tendermint; decentralized applications and sidechain platform Lisk; decentralized prediction market platform Augur; digital currency and blockchain platform Emercoin and many others.