Data Lifecycle Management (DLM) is a comprehensive approach to managing data throughout its entire lifecycle, from initial creation and active usage to eventual archiving and deletion. This feature is essential in decentralized file storage systems, where data integrity, accessibility, and compliance with regulatory standards are paramount. DLM ensures that data is stored efficiently, securely, and in a manner that adheres to legal and organizational policies. It encompasses various processes, including data classification, retention policies, and secure deletion methods, to optimize data management and minimize risks associated with data breaches and non-compliance.