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— Filecoin Foundation (@FilFoundation) July 12, 2024

More About the Democracy’s Library Project and Filecoin

Uploading materials to the Filecoin network, where they are replicated multiple times, ensures the long-term preservation and accessibility of government data collections. Unlike traditional web2 storage services like AWS and Google Cloud, storing these collections on Filecoin guarantees that humanity’s most important information is preserved for the future.

The Democracy’s Library project, launched in October 2022, marks a collaboration between the Filecoin Foundation (FF), the Filecoin Foundation for the Decentralized Web (FFDW), and the Internet Archive to support this initiative. Democracy’s Library is a free, open collection of government data, ensuring that government research and publications from around the world remain permanently accessible to the public.

Speaking on the development, Brewster Kahle, Digital Librarian and founder of the Internet Archive said:

Our goal is to empower citizens to access public data and information – uncovering and unlocking this information is vital for democracy and an engaged society. It’s been a joy collaborating with FF and FFDW to protect and make accessible these archival documents to help bring the vision of Democracy’s Library to life.

Amid the broader market recovery, Filecoin’s native crypto FIL is also showing some upside. As of press time, Fileclon (FIO) is trading 2% up at $4.29 with a market cap of $2.45 billion.