The introduction of cryptocurrency and blockchain has spawned an entirely new way to do business. The power of blockchain technology is seemingly endless, with a myriad of potential applications and solutions that are able to revolutionize how companies operate and share information. Even beyond that, though, there are everyday practical solutions for individuals, as well, and one of the most noticeable is BitcoinFiles. It has proven to be an amazing way to store and share data and is made possible because of the Bitcoin SV (BSV) blockchain.
BitcoinFiles lets anyone store and share virtually any type of content—images, files, documents—right on the blockchain. This means that, even 100 years from now, that same data will be right there, ready to be viewed to anyone who has access. No data loss, no data corruption, no possible way for the information to be changed.
Any type of data can be uploaded and stored, but this doesn’t mean that there aren’t procedures in place to ensure the data is legitimate and legal. BitcoinFiles records IP addresses and the BSV community has already shown what happens when someone tries to store illegal content.
It isn’t even necessary to visit the website in order to upload information. The minds behind the project have created an application that allows the functionality to be integrated into other platforms, such as a website, so that data can be uploaded to and stored on the BSV blockchain from anywhere. With the virtually unlimited scaling possibilities of BSV, this means that even the most robust websites could be completely built and maintained right on the blockchain.
It took the public about 15 years to get used to the idea of email after it was invented. It has only taken about two for blockchain’s potential to begin to be realized. Applications like BitcoinFiles are helping to facilitate the next wave of innovative solutions and it’s amazing to try to envision where we’ll be even as soon as five years from now.
New to Bitcoin? Check out CoinGeek’s Bitcoin for Beginners section, the ultimate resource guide to learn more about Bitcoin—as originally envisioned by Satoshi Nakamoto—and blockchain.