Internxt Challenges Storj on Blockchain Storage Front

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After successfully closing a fundraising round through a regulated Initial Coin Offering, Internxt is starting to work on helping shape a new internet with the creation of distributed internet services that are attractive for the mass-market.

Internxt is starting with decentralized cloud file storage as their first distributed internet solution, “X Files”. It will allow anyone (both individuals and businesses) to host files in a significantly more secure, private, reliable and independent cloud.

A cloud that brings together the highest levels of security with all the benefits of the cloud.

“We believe people have the right for higher levels of privacy and security on a cloud that finally makes sense” – adds Fran Villalba Segarra, Internxt’s Founder and CEO. Fran Villalba Segarra (born 1997) is a young entrepreneur, nominated for Forbes 30 Under 30 2018.

X Files will mainly be based on IPFS. They are taking different decentralized technologies and improving them to make sure they are nicely shaped to fit Internxt’s X Files needs. However, Internxt is mainly focusing on providing a seamless user experience, unlike companies such as Storj, Substratum or Sia are.

Internxt’s X Files Alpha version will go live on January 2018, and the stable version in May 2018. Hosts hosting files on Internxt’s X Files P2P network will get paid with Internxts coin “INXT”, currently traded on exchanges such as CoinExchange.