The innovation of cloud computing technologies gained huge interest wherein more individuals started to outsource their data to cloud-based servers. However, open networks and untrusted cloud platforms face privacy and security issues while outsourcing data to the cloud. The proposed Blockchain-based data sharing mechanism effectively solves failure issues of the cloud storage system and provides several benefits by maximizing throughput. This framework embeds the interplanetary file system and blockchain for effective data sharing between cloud owners and the requester. Here, the system comprises five different entities and the proposed method involves six different phases. This model acquires interplanetary file system (IPFS) for effective data sharing between cloud owners and the requester. The proposed method provides superior performance in contrast to other techniques with the highest genuine detection rate of 0.880, minimal communication overhead of 0.642, and maximal private rate of 0.564.