What is file encryption?

File encryption is a way of encoding files, including the sensitive data they contain, in order to send them securely. The encoding prevents unauthorized access and tampering by malicious actors. It keeps a file from being read by anyone except the person or people for whom it was intended.

What is Filecoin (fil)?

Filecoin (FIL) is a decentralized storage market that aims to become the cheapest, fastest, and most secure way to store data on the internet. Filecoin allows users to host and share any type of data over a decentralized blockchain network with on-chain rewards to ensure that the data stored has permanence and remains secure until it’s needed.

Why should you choose a file encryption program?

The right file encryption program acts as one element of layered protection to keep your data most secure. At Box, we use two-factor authentication to keep your sensitive data secure against threats, and we use multilayered watermarking to prevent unauthorized duplication and use.

Is Filecoin the answer to global data storage and retrieval inefficiencies?

In conclusion, Filecoin may be the answer to a number of inefficiencies surrounding global data storage and retrieval. But even more, it allows clients the freedom of choice, making them less dependent on contracts with huge storage providers such as Amazon Web Services, Dell or HPE.