Storarc

Being decentralized, Storarc leverages Blockchain Technology to provide both Data Storage and Computational Power. Storarc is leveraging Arweave as its Storage Provider and AO as its Computation Provider.

Since Arweave is a Public Decentralized Storage and sensitive data cannot be public, to solve this problem, Storarc Team is developing a FHE based Encryption System to encrypt data before storing on Arweave. Another problem is the Secret Key (Encryption Key) which will be revealed if stored on chain, so we are using SMPC to store these keys on chain in a secure manner so others cannot see or find or use it giving full access to authorised users only. Storarc also enables Arweave as a Private Data Storage.