NEO Announces ‘NeoFS’ Distributed File Storage, Competing with DropBox and Amazon S356.52

On Nov. 30th, NEO announced—in collaboration with NSPCC—that they are developing a distributed file storage system that would work as a “cornerstone” of the NEO platform. NeoFS would “allow users to take back control of their data,” and would be as “simple to use as Dropbox” or “Amazon S3.”

NEO is a blockchain platform, with its own cryptocurrency, that is designed to build a scalable network of decentralized applications using widely used programming languages. The Chinese-based platform is described as a major competitor to Ethereum.

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