The world of blockchain technology is filled with interesting concepts that will make a big impact over the coming years. Storj is one of those projects, and it has been running in beta mode for quite some time now. As of yesterday, Storj is now available to the public, and they offer registered users some free storage and bandwidth.

Developing a decentralized and distributed cloud storage platform not something that can be done overnight. The Storj team has worked diligently on their platform for many years now, keeping it in beta mode for some time to collect valuable feedback from users. The company has reached the next milestone for their project, as they are officially out of beta as of yesterday. This is an exciting development, as it will show the entire world how blockchain technology can create a better cloud platform than ever before.

Everyone who signs up for the distributed cloud storage platform will be able to make use of this distributed cloud storage solution right away. Registered users can use 25GB of storage and 25GB of bandwidth free of charge every month for a one-year period. People who go over this limit will be billed for their usage above the free allowance, assuming they have payment information on file. Those who do not have payment info linked will see their rates limited until payment information is added to the account. A solid business model that can possibly entice more users to become a paid customer in due time.

There is a way for users to earn additional storage and bandwidth, though. Storj has launched a referral program so people can invite their friends. As soon as one of those referrals spends US$10, the affiliate will get an additional 50GB of storage and 50GB of bandwidth added to their account. Users can refer an unlimited amount of friends to gain more perks. It is in the best interest of all Storj users to promote this platform as much as possible so they can keep earning rewards.

For those users who become a paying customer, Storjhas put some enticing price plans in place. With a price tag of US$0.015 per GB of storage per month, Storj is one of the cheaper solutions out there. Bandwidth costs a mere US$0.05 per GB per month, which is relatively cheap as well.

Considering users are paying for the convenience of having a storage solution that does not rely on centralized servers, these prices seem more than fair. Speaking of the payments, it is not yet possible to pay in Bitcoin or SJCX tokens, as there is no automatic recurring billing option in place. Manual payments for these currencies are accepted, though.

Header image courtesy of Shutterstock

About JP Buntinx

JP is a freelance copywriter and SEO writer who is passionate about various topics. The majority of his work focuses on Bitcoin, blockchain, and financial technology. He is contributing to major news sites all over the world, including NewsBTC, The Merkle, Samsung Insights, and TransferGo.

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Distributed Cloud Storage Platform Storj Comes Out of Beta - Live Bitcoin News

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IBM and Box have announced a new Box Zone coming to the UK in Spring 2017.

Box has announced a new Box Zone, utilising the IBM Cloud, the Zone will be coming to the UK this year.

Boxs data storage solution willbe expandingits services to the UK by Spring 2017, for an additional fee. The partnership with IBM will also benefit zones in the US, Germany, Ireland, Japan, Singapore, Australia, and Canada.

The global cloud partnership with IBM is designed to help businesses control their local data storage by centralising content within specific regions to comply with both regulatory and compliance reasons. The UK Box Zone will be based inLondon and backed up in Frankfurt.

Aaron Levie, co-founder and CEO of Box, said: Were seeing significant demand for Box Zones from customers in Europe who want greater flexibility over where their data is stored. As international regulations and demands continue to become more complex, our ability to help enterprises move to the cloud and simplify their content management strategy is incredibly valuable.

With Box Zones were able to serve a much larger international customer base, including reaching organizations in the most security-conscious industries.

Currently Box is certified by Binding Corporate Rules, Privacy Shield, Asia-Pacific Economic Cooperation, Cross-Border Privacy Rules and others, meaning that companies can now confidently store data and avoid any regulatory issues.

Box and IBM entered into the partnership in June of 2015 and last year the two companies announced Box Relaywhich enables businesses to automate routine work and everyday processes in the cloud.

John Morris, general manager, Cloud Object Storage, IBM, said: Todays announcement continues to deepen the strong collaboration between IBM and Box in Europe, with IBM Cloud powering the first implementation of Box Zones in the UK.

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