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Blockchain-Based Tokenized Storage Incentives: Revolutionizing Decentralized Object Storage

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  • Ankit Gupta

Abstract

This article presents an innovative approach to decentralized object storage that combines blockchain technology, distributed hash tables (DHTs), and advanced cryptographic techniques. The proposed system addresses the limitations of traditional centralized storage infrastructures by implementing a token-based incentive mechanism that encourages network participation while ensuring data security and availability. By integrating proof-of-storage consensus mechanisms consensus mechanisms, homomorphic encryption, and erasure coding, the architecture demonstrates superior fault tolerance and operational efficiency. The system's implementation showcases significant improvements in resource utilization, cost reduction, and environmental sustainability compared to conventional cloud storage solutions. Furthermore, the framework incorporates robust data sovereignty protections and compliance mechanisms, making it suitable for enterprise deployments and small-medium enterprises alike.

Suggested Citation

  • Ankit Gupta, 2025. "Blockchain-Based Tokenized Storage Incentives: Revolutionizing Decentralized Object Storage," International Journal of Scientific Research in Computer Science, Engineering and Information Technology, International Journal of Scientific Research in Computer Science, Engineering and Information Technology, vol. 11(1), pages 854-864, February.
    • Handle: RePEc:jbh:ijsrcs:v11:y2025:i1:id:745
    DOI: 10.32628/CSEIT25111289
    Note: Article URL: https://ijsrcseit.com/home/article/view/CSEIT25111289
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