Save The Planet And Earn Money With STORJ

Charles Wu
Authority Magazine
Published in
3 min readMay 28, 2018

How cool would it be if you could rent out the extra space in your hard drive and make some money? This is exactly what STORJ does! It’s like an Air BnB or Uber for your hard drive space. Developers are always looking for ways to increase their computing spaces. Cloud storage was and still is a great idea but as the demand for computing, particularly in the crypto world increases, developers are seeking options that are cheaper, more reliable and less susceptible to downtimes.

On this episode on Great Black Speakers, Lawrence Watkins brings on board Shawn Wilkinson, the CEO and founder of STORJ and Mike Flot, a tech guru with massive experience in the crypto mining and block chain modelling.

The birth of STORJ

The idea came to Shawn naturally as he sought to solve a need he had as a developer. Back in 2012, mining bitcoins in his dorm room, Shawn identified a niche in this field as he sought to gather more computing power and space. He found that most cloud storage providers such as Amazon and Microsoft charged high prices for their services. He found out pretty fast that others were also experiencing similar issues. People were seeking better performance, better cost and more reliability, something that was lacking in the marketplace. The idea bulb lit in Shawn’s head and the STORJ was invented.

How STORJ works

STORJ is an incentivized model where one stands to earn something when they rent out their extra hard disk space. Being in the crypto space forever, Shawn devised a way people can get paid through coins. A person seeking to rent out their drive registers themselves online and downloads the STORJ app into their computer. The concept is the same as cloud computing with slight differences. In cloud computing. Normally, when you store data in the cloud, the reality is that you are storing data in someone’s servers. In STORJ, you store your data in other people’s PCs. The benefit lies in that STORJ guarantees almost 0% downtimes. You do not have to worry about some engineer slipping on a network cable in some complex somewhere and bringing the whole network down. In STORJ, you can upload or download your information in various computers using encrypted keys. This increases your security levels and ensures that you are the only person capable of modifying or accessing your data.

The future of STORJ

Shawn is seeking world domination with STORJ. The company has hit massive milestones since its inception and the love is spreading. The concept is designed specifically for developers but doors are open to others as well. The competition comes from companies like Amazon and Microsoft. The focus at the moment is on engineering, research and design as well as upgrading the technology to handle the next generation of users. The focus on simplicity, security and easy to use application is of paramount importance to the STORJ team at the moment. They want everyone to be able to use the product with ease and without fear or being hacked or losing data in any way.

Watch the video below for the complete story

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