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Tokens

What is INXT Token by Internxt?

by LCX Team · June 19, 2021

LCX Educational Content Series: Internxt INXT Token…

Internxt is a Peer-To-Peer cloud computing network that allows users from all over the globe to cooperate in the creation of a distributed internet. Users can sell the resources of their machines to those looking to host their data in a more private, secure and efficient network. Make the transition to the most intuitive and complete distributed cloud platform.

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Who Created $INXT Token?

INXT Token is the cryptocurrency created by the fintech startup Internxt.

How $INXT Works?

The modern internet is being organized so that enterprises on centralized servers host all the applications, files, and websites. This affects the users’ privacy since all the details are open to everyone. Anyone can use google to track information about anything from anywhere in this world.

It is very dangerous to keep all the files on a single server since hackers can easily track the information on those files. But a decentralized platform like Internxt will never allow any hacker to get information. Even if a hacker tries to track details beyond this, he or she will only be able to track a bit of an encrypted file. Therefore, they cannot be able to get complete information. The reason behind it is that the hacker will not know the targeted server for making an attack.

Since Internxt is a decentralized network, it enables splitting files into several pieces and allows encryption of those pieces. Then with the help of peer – to – peer mechanism, the encrypted pieces will be spread across different servers. In addition, Internxt will permit access and pay for those people who are hosting the file pieces.

Benefits of $INXT?

Store your files in complete privacy – Internxt Drive is a zero-knowledge file storage service based on absolute confidentiality and strict security.

Designed to protect your privacy – Your uploaded files are client-side encrypted and then fragmented into small pieces. Only you hold your decryption key, which retrieves your fragmented files.

Secure. Private. Simple to use – A functional and intuitive interface with various customizations and features, such as encrypted file sharing.

Your Business in your hands – Internxt Drive for teams allows you and your team to store files with total security, collaborate privately with other members and toggle your administration features.

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