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StorX (CRYPTO: SRX) — Company Overview, News & Financial Data

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StorX

About

StorX is a decentralized cloud storage network built on the XDC Network blockchain that allows users to securely store data across distributed storage nodes. The network encrypts files on the client side using private keys, splits the encrypted files into multiple fragments, and distributes them across autonomous storage nodes operated by independent providers globally. Built to offer an alternative to centralized cloud storage providers, the platform features S3-compatible interfaces, enterprise backup integrations for Kubernetes and Google Workspace, and smart-contract-driven integrity audits to verify data availability and compensate node operators without relying on single centralized data centers.

Snapshot

Public CRYPTOOwnership
-Year founded
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Global footprint

Operations

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Products and/or services of StorX

  • Encrypted Cloud Storage: An S3-compatible decentralized cloud storage platform that provides client-side zero-knowledge encryption, password-protected file sharing, and automated data replication. Users upload data through standard object storage APIs or web interfaces across over five petabytes of global network capacity.
  • Decentralized Storage Node Network: A distributed infrastructure layer consisting of over 2,500 autonomous storage nodes operated by independent storage providers worldwide. Node operators stake native utility tokens as collateral to host encrypted data fragments and earn rewards for providing reliable storage.
  • Enterprise Backup and Archival: Automated backup solutions engineered for enterprise workload continuity, disaster recovery, and compliance archiving. The service features dedicated integrations for Google Workspace, Kubernetes clusters, and Amazon Web Services environments to secure SaaS data and infrastructure snapshots.
  • Encryption and Fragmentation Protocol: A data protection protocol that executes end-to-end encryption using user-held private keys prior to transmission. Files are split into multiple redundant shards and distributed across geo-redundant storage locations to mitigate single points of failure and ransomware risks.
  • Blockchain Audit Verification Engine: A smart contract mechanism deployed on the XDC Network that routinely conducts cryptographic integrity audits on stored data fragments. The system verifies shard availability, enforces service-level agreements, and executes automated micro-payments to active node operators.
  • Application Ecosystem Integrations: Software connectors and developer tools enabling third-party software applications, backup platforms, and cloud management software like Amove to stream data directly into decentralized storage. Over forty pre-built integrations support multi-cloud migration and hybrid data architectures.