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Home » Filecoin Foundation Joins the Crypto Council for Innovation

Filecoin Foundation Joins the Crypto Council for Innovation

byCCI
July 19, 2023
in CCI News

Summary:

  • Filecoin Foundation is the newest member of the Crypto Council for Innovation. 
  • The organization is using decentralized data storage to preserve foundational datasets created by institutions like NASA and the National Weather Service as well as tamper-proof digital evidence by humanitarian organizations. 
  • See the full list of Alliance Members.

Filecoin Foundation is the newest alliance member of the Crypto Council for Innovation. It is the long-term steward of the Filecoin network and has been on the front lines of advocating for crypto policy in Washington, D.C. 

“Today, we extend a warm welcome to Filecoin Foundation as they join our global alliance. Their expertise on decentralized protocols and opportunities around data will play a crucial role in the policy work ahead in the US and abroad,” said Sheila Warren, Chief Executive Officer of CCI.

“Filecoin Foundation is dedicated to educating the public and policymakers about the benefits and use cases for cryptocurrency,” said Marta Belcher, president and chair of Filecoin Foundation. “We’re delighted to join CCI to ensure that innovation in the space can thrive.” 

Decentralized Storage is Preserving Important Data Sources

Filecoin is storing copies of open datasets created by NASA, NIH, the National Weather Service, and US Geological Survey.

Filecoin puts users in control of their data and allows them to store many copies of their files on hardware around the world, so data remains accessible even if some devices fail. Today, more than 3,400 individuals and small businesses around the world serve as Filecoin storage providers. Together, they are contributing more than 13 billion gigabytes of storage capacity, used to preserve humanity’s most important information.

In an age of deep fakes and misinformation campaigns, authenticity matters. Starling Lab — a project of Stanford and USC — recently submitted evidence of Russian war crimes in Ukraine to the International Criminal Court. Starling used Filecoin to both preserve this digital evidence and also verify that it was authentic and had not been tampered with. 

Additionally, important scientific information, like large genomic, geospatial, satellite, and climate datasets, from institutions like the University of Maryland, the University of Utah, Berkeley’s Underground Physics Group, and the ATLAS Experiment at CERN are also stored on the network. And Filecoin Foundation is working with Lockheed Martin on a satellite launch to demonstrate how the technology underlying Filecoin can speed up communications in space.

About Filecoin Foundation 

Filecoin Foundation facilitates governance of the Filecoin network, funds research and development projects for decentralized web technologies, and supports the growth of the Filecoin ecosystem and community. Its mission is to preserve humanity’s most important information. 

About Crypto Council for Innovation

CCI is the premier global alliance of industry leaders working to demonstrate the transformational promise of crypto, and communicate its benefits to policymakers, regulators, and people worldwide. With teams in four countries, CCI uses an evidence-based approach to advocate for inclusive regulation. It believes in working in trusted partnership with government and business stakeholders.  

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