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.
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Filecoin Foundation and Ava Labs Launch Native Cross-Chain Data Bridge
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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.
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