Date of Publication :21st May 2024

Abstract:Traditional centralized file storage system relies on a single entity to store and access data which leads to problems such as non-transparency and lack of proper data security. Data storage has evolved significantly over the years transitioning from local storage devices such as USB and hard drives to cloud storages. While this form of storage may be beneficial for the users, it poses some difficulties as well. This includes problems such as single point of failure and privacy and security reasons. In this paper, we have discussed the use of IPFS (Inter Planetary File System), a decentralized peer-to-peer file system to secure the way the data is distributed and stored on the web. Blockchain technology along with its decentralized, unchangeable and its unambiguous nature provides a safe and verifiable way to manage file ownership and transfership in a decentralized manner. The proposed system consists of an IPFS network and an Ethereum-based smart contract for managing file ownership and transfers.

Reference :