Lambda is a blockchain data storage startup that is developing a scalable decentralized storage network. They aim to create a data storage ecosystem with security data verification and market-oriented storage transactions to provide high capacity storage for dApps. In addition, they will provide cooperative multi-chain data storage, cross-chain data management, data privacy protection and provable data ownership.
The Lambda coin or LAMB is a digital currency within the Lambda storage network. It is used for extracting storage, trading in storage space and other things in the special market. The project has received huge financial support from big tech companies and industry titans.