InterPlanetary File System (IPFS)

The InterPlanetary File System (IPFS) is an innovative decentralized network specifically designed for storing files and facilitating secure data transfer in a peer-to-peer (P2P) manner. Developed by Protocol Labs, IPFS operates in conjunction with Filecoin, a blockchain incentivizing reliable data storage. While these protocols are complementary, they can also function independently. Several notable crypto projects, such as The Sandbox, Rarible, Unstoppable Domains, and the Flow blockchain, have embraced IPFS or incorporated it into their platforms to enhance file storage and data transfer capabilities.