Yep, this is the key tech behind Ceph's Erasure Code pool: https://docs.ceph.com/en/latest/rados/operations/erasure-cod...

This does not come without trade-offs though, you cannot update the coding parameters (k, m) afterwards, so you either have to be very sure that those parameters are going to work in a long time, or you have to start from scratch. This inelasticity is also the reason why replicas are still the dominant choice for HA fault tolerant data storage.