Filecoin’s decentralized network enables immutable storage of regulatory data such as KYC records and audit trails, while storing redundant copies across providers to avoid reliance on single points of failure.

Quotes that support claims

Filecoin enables immutable storage of Know Your Customer (KYC) records, transaction logs, and audit trails, meeting long-term retention and regulatory requirements without bloating Avalanche’s Layer 1 or C-Chain.

Filecoin stores redundant copies across independent providers. This allows it to mitigate reliance on single points of failure. It meets regulatory and long-term retention requirements to store KYC records, transaction logs, and audit trails.