Sia is a decentralized cloud storage platform that uses blockchain technology to facilitate payments between buyers and sellers. Sia connects sellers with underutilized hard drive capacity with buyers looking for excess storage capacity. Sia allows users to circumvent expensive corporate cloud services. Blockchain allows the Sia ecosystem to function without third-party intervention through the use of smart contracts.
SC is the native cryptocurrency of the Sia network and can be utilized for decentralized digital payments via smart contract. Sia allows anyone with excess storage space to earn Siacoin’s and contribute to the cloud ecosystem. Sia is striving to become the market leader in decentralized storage.