SAFE will certainly store files, and it will do so in such a way that nobody will know who is reading them or who published them, striving to be completely censorship resistant. Think TOR hidden services that your grandma can use.
The network strives to be completely autonomous. Sort of like the bitcoin network is, with no human able to distrupt, roll-back, or alter the data on the network. But rather than just storing a blockchain autonomously, it stores files and data.
One of the pieces of data it will store will be the SAFEcoin tokens, which will be able to have their owners changed by the network when they are sent from one user to another. Because the consensus group that signs these ownership transfers is relatively small, you end up with a system that scales. The larger the network, the more transfers per second it can do, since it's effectively parallel processing. Only a very small subset of nodes are involved in a transfer from Lisa to Sally, and a completely different set of nodes would handle a transfer from Tom to Fred, and so on. No bottlenecks in the secure transfer of coins or data.
SAFEcoin tokens are pretty much plain vanilla data objects, which means you can do the same thing with any other data, such as create other secure tokens for other applications.
Interesting that they mention medical records. I'm pretty sure that US HIPAA law would preclude storing any medical records from being stored on a network whose owner you don't have a BA with. From my readings (see Digital Ocean's various discussions on the topic) this even includes data that is chunked and encrypted before sending off to storage. HIPAA laws are woefully vague and inadequate to deal with many new technologies. I'm not trying to argue for or against storing PHI in this matter, just pointing that they reference it, but I'm not sure it could be implemented in the US and be in compliance with current laws.
Y U NO create a browser addon or something? Also, TOR installs its own browser and I'm pretty sure I saw another privacy project doing this in the last year. Installing a whole new browser is too much. I already have 3 or 4 installed. #browserbloat
At first glance looks like another competitor for filecoin, storj, etc. Anyone know what the major differences are in the players in this space currently? I'm interested in decentralized storage (low cost), but really have no idea how to judge the different options.
Sounds like the killer app for child pornography.