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Filecoin Payment Bridge

A multichain payment solution for Filecoin system in one platform

Filecoin Payment Bridge

Created At

HackFS 2021

Project Description

IPFS/Filecoin as the most adapted decentralized storage solutions has been widely used in NFT, science data and other domains. However, how to pay the storage from other chain like eth, polygon etc is an obstacle unresolved. In this project we want to provide a multiple chain payment solution for this case.

How it's Made

User upload File to ipfs

User get the cid and select the storage provider

User deposit fund to polygon with the cid and target provider address

User Collateral

File storage Fee

Waiting for file backup to Filecoin network

Multiple Filecoin Chainlink Oracle holders update the ChainLink contract state

After Chainlink oracle prove the storage deal is online, user trigger the release lock pay to the storage provider

The reward is paid to the storage provider and collateral return to user

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