Storj is an open-source cloud storage platform that utilizes blockchain and a peer-to-peer network. It enables individuals to share their unused storage space, creating a decentralized infrastructure. The system employs end-to-end encryption to ensure data security and integrity during storage and retrieval.

The platform aims to provide a faster and more cost-effective alternative to traditional cloud services. Users can earn STORJ tokens by contributing storage space or acquire them through exchanges. This model promotes a competitive, decentralized storage market.