Filecoin’s O3, developed by Akave Network, brings decentralized storage with smart contract-based access control, offering a transparent alternative to traditional cloud solutions like Amazon S3. Features include PublicAccessBlock and ACL via smart contracts, ensuring precise data governance. Filecoin also enhances its ecosystem with FilCDN for faster data delivery and a cross-chain bridge with Avalanche, enabling secure multi-chain data transfers. The Filecoin Virtual Machine (FVM) hosts over 5,000 active smart contracts, supporting projects in AI, DeFi, and beyond. With FIL’s price rising, Filecoin’s market cap now exceeds $1.65 billion, reflecting its growing adoption.
about Filecoin's O3: S3-Like Storage with Smart Contract Control