Filecoin to Participate in Science of Blockchain Conference in San Francisco on August 5th

Filecoin announces that Lit Protocol will demonstrate developments in AI-driven trading and fund management on August 5th in San Francisco, during the Science of Blockchain Conference.

The presentation will outline the current inflection point in the application of AI agents to financial technologies.

FIL Info

Filecoin is a decentralized storage system that aims to "store humanity's most important information". The project raised significant funds via an initial coin offering (ICO) in 2017. Filecoin is the digital token that is used as payment for storage or retrieval of data within the network. The network uses a unique proof-of-storage system where miners earn more by sharing more storage, and the data they store is constantly verified to ensure its correctness. Filecoin competes with centralized storage systems such as Amazon S3, and allows individuals to monetize their spare storage space on the network.