SIA is a decentralized cloud storage platform using blockchain technology.Compared with traditional cloud storage methods, decentralized SIA system can make cloud storage more secure, faster and cheaper. Through erasure coding, encryption and blockchain, SIA not only has the function of traditional cloud storage, but also solves the security and privacy problems of traditional cloud storage. The server that users provide storage space can receive siacoin, which is built-in token of SIA system, so as to encourage more idle space to become storage space provider. Users can rent or sell storage space with siacoin. SC2 (full name of SiaCore) was changed to SC (full name of Siacoin) from December 20, 2018.
Full Name in English：Siacoin
Full Name in Chinese：云储币
Investor/Institution：Fenbushi Capital、First Star Ventures、Raptor Group、INBlockchain、Consensus Capital、Fission Capital、LD Capital,Kryptus Capital、Dragonfly Capital Partners
Distribution date: July 3, 2015
White Paper Link：https://sia.tech/sia.pdf
Disclaimer: this introduction derives from the white paper and other official information released by the official project team so that investors can better understand the token and the corresponding project. The content of this paper is obtained through legal channels to ensure the reliability, accuracy and completeness of the information as far as possible, but the accuracy and completeness of the information mentioned in the report are not completely guaranteed. The content of this paper cannot be used as the basis for investment research decisions, moral, responsibility and legal basis or evidence, whether explicitly or implicitly.