honor-initial-coin-offering-a-decentralized-cloud-storage-for-business-and-finance

Before discussing HonorDrive further it will certainly ask "what is Honor"

Honor

Honor is a decentralized ‘cloud storage’ service that allows compatibility with office suites. It tackles the issue of security and privacy without compromising convenience. Honor takes advantage of the InterPlanetary File System and allows the system to scale to thousands of documents a second on a decentralized system, where all documents are encrypted in real-time and stored in an encrypted manner on the IPFS swarm. Real time syncing allows multiple Ethereum addresses to be linked to a document sub-contract and does not compromise ownership. With Honor, both individuals and businesses can participate in a competitive cloud storage market with the HNR token, ushering the cloud-computing paradigm in a new direction.

What is his mission?

"The Honor Foundation's mission is to create a decentralized cloud storage solution and censorship
have a fair and easy economy for consumers to adapt. "
By removing unnecessary middle men in the cloud storage industry, a trustless system emerges
so the token market for storing confidential data in an encrypted way is feasible and open to
all who are willing and able. Honor will empower small and large businesses to switch because of price
competitive ones created by the token market. All users who have internet connection and backup space can
contribute and be given incentives to keep this system healthy.

Core purpose

Bleeding edge technology such as the File system and the inability of the Interplanetary Smart Contracts on Etiquette, honor the cloud storage platform aims to become the most efficient from the start. Network with high efficiency with minimal latency will allow millions of users to interact simultaneously with one another and participate in the ecosystem of the cloud storage decentralized

Technology

The Interplanetary File System (IPFS) is a peer to peer distributed file system that connects a device with the same file system. The Interplanetary File System allows model data storage throughput high throughput rates with content aimed at the hyperlink. In other words, the network file system that handled content can be shaped to create ' Freitas DAG ' are common. Block Exchange sponsored, distributed hash table, and the penges namespace IPFS as revolutionary paradigm in decentralized storage systems utilized by the ecosystem of honor, because no one can control the filesystem and there is no central point of failure Overall, the Interplanetary File System is a hypermedia protocol that addresses content and identity,
not just a location address. It is decentralized and can not be changed according to design.

Smart Contracts

Smart contract is an unchanged program built in Blockchain that can be run while conditions
certain fulfilled. This contract can be programmed with a set of predefined instructions through
different programming languages, such as Solidity. Smart contracts outperform traditional channels in the cryptographic sector
and economy. Turing complete computer code can allow logic to be encoded into smart contracts,
which allows a revolutionary decentralization program on cryptographically safe networks. Smart contract
economically unchanged due to the great decentralization effort being made in the Ethereal network.
Honor storage layers are able to transmit large amounts of data with low latency, but none
intrinsic core payments and logic layers. Therefore, the logic layer is created by using Smart Contracts on
Ethereal, where hosters and users can be assured that their payments are sent to the hoster in a manner
transparent and unchanged. Ensuring a decentralized logic layer means there is no central point for components
any ecosystem, where nothing is stored on the central server and no third party can stop
Honorary administrative functions.

Most front

Third-party apps can create office suites using the Honor API to interact
with documents, however, the core team plans to release our own cloud suite suite. Solution closed source parties
third is not recommended as it may jeopardize the security model of the cloud storage solution. However, the app
third party open source is recommended if the code is audited. Our main application will be open source on the day
to 1 from release to encourage external developers to make use of the basic code. We encourage party developers
the three who are willing to contribute open source code to the ecosystem to reach us.

The mechanism Token
Token name: Honor Tokens-HNR Total supply: TBD after crowdsale (maximum 100 million HNR) no longer HNR be created after crowdsale Supply style: Deflationary Format: ERC23 compliant Divisibility:

1.Public interface enables ERC20 format for digital assets on the block Wireshark, allowing ease of use on many wallets, services and exchange of experiences that seamlessly

1. HNR (Honor tokens) will be fully in accordance with the standard ERC23 to ensure the appropriate token with all Office suites, wallet (Geth, Metamask), and future (decentralized exchanges)
2. The standard ERC23 is a new token format that solves some of the problems that exist in the ERC20:
   *Handling of incoming transactions from contract recipients
   *Ensure that the transaction to one of the token will not be accepted by the other party of the contract recipients
   *Ensure uniformity in the Ethereum such that This function is called to contract and deposit accounts
3. This fix compatible and this update will be applied in ecosystem of honor.

Token Market

The Honor token market ensures that free market incentives apply to an autonomous decentralized economy.
The economy can be divided into two groups - consumers, and hoster. Consumers bid up
or down the hosting price depending on the usage request while the host host scrambles the encrypted file
using the Interplanetary File system. This ensures a healthy economy with free market incentives
appropriately enforced.
The token used in this ecosystem is the HNR token, which corresponds to ERC23. This token will
used in hosting costs in the economy, which can be determined by the hoster. Miniscule amount of Honor
token will be issued when adding, deleting, or modifying group and document permissions when available
great network activity, and will be free when the network is running at normal capacity.

Crowdfunding

We want to make the process of crowdsale fair for all participants. We also do not want to collect the amount of money that doesn't need to be; Therefore, the hard hats will be placed in $5 mm. We will not limit the number of donations received from their respective addresses because ketidakefektifannya (Ethereum address can be made free of charge at any time). We believe that the structure of the sale of this token will be fair for all investors

Token Creation

100M Created initially at distribution
90M Will be available for fundraising.
3M Will be held by the Honor foundation for future development and may be used for
stabilizing the HNR: USD exchange rate.
7M Will be distributed to the developers, foundation, and angel investors. (20% for foundations, 10% for current and team members future, 7.5% for angel investors)
we plan to use the funds shown below:

Conclusion

With upcoming cutting-edge technologies such as smart contract ethereum and interplanetary file systems, decentralized, eternal, and user-managed ecosystem capabilities can be possible to implement. A pay-to-host system enables many new opportunities in the cloud-storage ecosystem and delivers technology to the people. Over-sensitive data centralization on cloud-storage services is intended to be solved by Honor HonorDrive and HonorOffice Inti Suite. Basis Honor hopes to achieve the most decentralized, fair, and enduring cloud-storage solution that the world has ever seen, while stripping the power of data collection away from corporate greed.

Participate in the Initial Coin Offering

Do not send Ether from addresses you do not have complete control over. Be sure to use a token capable wallet such as MyEtherWallet, MetaMask, Geth, Mist, etc. Do not send from exchanges. 6,000 ETH CAP or $5MM USD Equivalent.

Crowdsale Structure

We want to make the crowdsale process fair to all participants. We also don’t wish to raise unnecessary amounts of money; therefore, a hard cap will be placed at $5MM. We will not be limiting the amount of donations received from each address due to ineffectiveness of it (Ethereum addresses can be created for free at any time). We believe that this token sale structure will be fair for all investors. Only Ethereum can be used to participate, the token sale structure is as follows:

More than an Office Suite

HonorDrive is more than an Office Suite, it leverages the bleeding-edge technology of the InterPlanetary File System, a decentralized protocol for a permanent and decentralized Cloud Drive. This is your HonorDrive, you determine the rules, you store what you want.
There are no prying eyes. Everything is encrypted.
Don't worry about being hacked- that's impossible.

HonorDrive excellence

Works everywhere

Collaborate in real time with other team members, access them any time anywhere with the Honor app. Wherever you go, you can always access your HonorDrive. Create seamless and stunning documents with your peers, create confidential documents that are for your eyes only. Secure and private by design, there is no compromise.

Features from the lightyears ahead
Familiar Design

Works like your favourite drive applications like Google Drive, Dropbox, and MEGA. Import from other Cloud based services.

Best Prices

Cloud based hosting can be bid down by the hosters themselves, making a competitive market for HNR tokens, better for consumers such as you.

Safe

Secured by encryption for your privacy and safety,, only you can share the file with someone else. There is no central point of failure.

Available

Always online, a decentralized file system that is failsafe. Work offline and sync when you are online.

Secure

Your documents can only be viewable and changed using a private key - that's 256 bits of entropy for your documents.

Decentralized

Stop trusting centralized organizations with your data, completely decentralized and peer-to-peer capable giving you the freedom you desire.

ROAD MAP

OUR TEAM

Please check our Link address and social media

Web, https://honordrive.network/
Telegram, http://t.me/honordrive
Telegram group, https://bitcointalk.org/index.php?topic=2626116
Reddit, https://www.reddit.com/r/HonorDrive/
Discord. https://discord.gg/xr5y7Rs
Twitter, https://twitter.com/Honor_Drive
Medium, https://medium.com/@honordrive
Airdrop,https://twitter.com/Honor_Drive
Bitcointalk, https://bitcointalk.org/index.php?topic=2624783
Language Italia, https://bitcointalk.org/index.php?topic=2626116
Language China, https://bitcointalk.org/index.php?topic=2631026.0
Language Spanyol, https://bitcointalk.org/index.php?topic=2636558.0
Linkedin, https://www.linkedin.com/in/edward-kurtz-297459155/
Linkedin, https://www.linkedin.com/in/peter-gerrior-a11459155/
Linkedin, https://www.linkedin.com/in/abhi-thakre-303459155/
Whitepaper, https://drive.google.com/file/d/1NmgEsMehP-5EySd6GmbiC3HGvZXkRV_Z/view

GOOD LUCK

Username bitcointalk, Karsipan

LINK Bitcointalk, https://bitcointalk.org/index.php?action=profile;u=1132868

ETH 0xfa44a540275467f23d1a580332fa5628ec018bab
Bitcoin wallet 1LToanwxoMgjWGFfoj7nannU17RLsZFdt1