Memority guarantees a high level of information security
Good day my friends, I greet everyone on my blog! Today I will tell you about a very interesting ICO project.We will discuss how Memority implementing blockchain technologies in a decentralized industry.
Memority’s mission is to create a self-sufficient ecosystem that includes many applications to meet the needs of businesses, government organizations and individuals in the super secure storage of all kinds of valuable data.
The platform incorporates an accumulation of autonomous vaults from around the globe, which are based on PCs of clients who have given a piece of the memory of their hard drives for record storage. To guarantee a high level of information security, 10 duplicates are made for each of the put away records, honesty and realness of which are always checked. On the off chance that the quantity of record duplicates is inadequate or the duplicates have been fashioned, new duplicates of the first document are automatically made for new hosters.
Memority is a blockchain-based platform for encrypted decentralized cloud storage of valuable data.The system automatically keeps 10 document duplicates on free storages everywhere throughout the world constantly. Documents are encrypted with a private key acquired just by their proprietor while account is made. It’s not possible for anyone to see the information without first decoding it with this key.
WHAT DOES MEMORITY PLATFORM OFFERS?
The following are the major benefits ofnthe MEMORITY platform;
- Decentralization of storage offices
- Production of numerous record duplicates
- An expansive number of free hosters in the system
- Decentralized observing and recuperation of the required number of record duplicates
- Shielding storages from jumbling with pointless information
- Utilization of cryptocurrency as a methods for installment for storage
- The interface for making applications by outsider engineers
- Budgetary inspiration of outsider application engineers
- Encryption of information with a private key, which is put away just by the client
- Free information storage
- Finish namelessness
- Document putting away and recuperation systems are totally autonomous from the record proprietor
- Finish autonomy from brought together systems
- Storage of hash codes for each document in the blockchain-based database for information verification
The company’s platform intended to roll out its tokens sale starting-date May 31, 2018. The ICO will be active for a period of one month. The company plans to end its token sale on June 30 2018 or if its target funding is achieved. The soft cap target is $ 5,000,000 USD while the hard cap target is $ 85,500,000 USD. Memority’s platform is based on ethereum tokens and individuals are required to use ethereum to buy the Memority’s tokens. The initial cost of the ICO token is set to be 0.1 USD. For more information please check: https://memority.io/
WHO BENEFIT WHAT ON MEMORITY PLATFORM?
- Information proprietor
– can store information in an encrypted shape in a decentralized and totally secure way, paying for the storage with MMR tokens. Likewise, he can give his plate space to information of different clients, turning into a hoster, and get tokens to pay for the put away information.
- Hoster
– can get MMR tokens for giving their circle space to clients of the Memority platform to store their information.
- Outsider designers
– will have the capacity to execute their thoughts and make their own applications, utilizing the framework of Memority, and accepting MMR tokens for this.
- Mineworker
– gets remunerates as MMR tokens for supporting the working limit of blockchain executing their power (just at least 10,000 token proprietors can progress toward becoming excavators).
Memority API enables outsider designers to make work area and online applications for decentralized encrypted storage of different sorts of information without an extensive examination concerning the specialized points of interest of blockchain innovation. Designers of such applications are granted for putting away every byte of information downloaded through their application.
Why is it worth supporting this project:
- Team Memority, absolutely all of its employees are working for the benefit of the company and are always ready to help in any matter. They are always in touch and do not lose sight of. Indeed, at the current moment, when we are talking about ICO projects, this fact is very important.
All the prototypes made by the Memority development team are publicly available, right now you can get acquainted and try this system.
Memority participates in every possible crypto, blocking forums, conclude serious contracts.
After reading this blog, you probably will have questions. Be sure to ask them in the official sources of Memority:
For more information visit
Website : https://memority.io/
Telegram : https://t.me/memority
Whitepaper : https://memority.io/docs/whitepaper_memority.pdf
Authored: geotic
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