torj, pronounced as “storage,” is an open-source cloud storage platform that utilizes a decentralized network of nodes to host user data. Through advanced encryption techniques, the platform ensures the security of hosted data. The concept of Storj was first introduced to the public in a white paper published in December 2014. It aimed to establish a decentralized peer-to-peer encrypted cloud storage platform. Subsequently, an updated white paper was released two years later, outlining a decentralized network that connects users in need of cloud storage space with individuals offering hard drive space for sale. The platform was officially launched in late 2018. Individuals with available hard drive space and reliable internet connectivity can participate in the network as nodes. These nodes serve as units within the network, and space providers are rewarded with Storj tokens for their contributions.