Decentralized storage has always been considered a technology closely related to blockchains, and there are indeed many synergies between these two innovations. That said, decentralized storage stalwarts like Filecoin (FIL) and Internet Computer (ICP) have not been faring as well...
TMS Network (TMSN)
Filecoin (FIL)
Filecoin (FIL) now supports its own smart contracts, which are self-executing agreements that run on the blockchain. Smart contracts can be used to create various applications and services on top of Filecoin (FIL), such as decentralized file sharing, content delivery networks, data marketplaces, and more.
Smart contracts on Filecoin (FIL) are written in a programming language called Clarity, designed to be secure, predictable, and verifiable. Clarity on Filecoin (FIL) supports formal verification, which means that smart contracts can be mathematically proven to be correct and bug-free.
To deploy a smart contract on Filecoin (FIL), developers need to have a Filecoin (FIL) account with enough FIL to pay for the deployment fee and the storage rent. Filecoin (FIL) smart contracts can be used to create various types of applications and services that leverage the decentralized and secure nature of the network, such as decentralized file sharing, content delivery networks, data marketplaces, and data backup and recovery.
Internet Computer (ICP)
The Internet Computer (ICP) network, a decentralized platform that aims to reinvent the Internet, has launched a new token called ckBTC that is pegged to bitcoin (BTC) on a 1:1 basis. ckBTC is a liquid and cost-efficient version of BTC that can be used for faster and cheaper transactions on the Internet Computer (ICP) network without compromising security or decentralization.
ckBTC is created and destroyed by smart contracts running on the Internet Computer (ICP) network, which are governed by a decentralized autonomous organization (DAO). By issuing ckBTC, the Internet Computer (ICP) network aims to bring layer-2 capabilities to Bitcoin, enabling faster and cheaper transactions for BTC holders while also opening up new possibilities for decentralized applications (dApps) that can leverage both Bitcoin and the Internet Computer (ICP)’s features.