RecordsKeeper - What is it and what does it do

in #blockchain6 years ago

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When it comes to personal data, everyone wishes mainly for only one thing: security. There are many tools and platforms that give you the possibility of storing your data using their services, but the question is, do you trust them? Is that the right choice for you? There are many factors one needs to consider before jumping on any platform. Today, you'll learn why RecordsKeeper is one of the top places when it comes to data storage and security.

RecordsKeeper can offer you a complete bundle of easily structured and accessible record keeping and data security solutions for either companies or simple individuals. It uses the top perks of the Blockchain network and creates a platform for secure transfer, integrity, and authenticity of data.

It is easy to access since it’s functionalities are working straight out of the box, being a structured decentralized database.

The upload process is very secured: when a user uploads something, a brief record together with meta information is pushed into the registry while the actual data is encrypted and kept into a different layer for later readability.

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How does it work?

  1. The first thing a user should do is acquire one or more XKR Tokens and place them into their wallets. The XKR Tokens are the native tokens of the platform, and they are the economic power of the entire system.
  2. Once the user has a couple of Tokens, he or she can upload data in exchange for the upload fee which is paid in XKR Tokens. The price is 0.1 XRK/KB. The user will then receive a key which can later be used to retrieve the data just uploaded. There is an upload limit per transaction, and that is 8 MB.
  3. The next job goes to the miner which after confirming that the transaction has been a success, it will add a new block to the blockchain.
  4. The miner earns transaction fees and blocks reward for mining.
  5. The user can then share the record key or the transaction id with any other user and that second user can verify the authenticity of the data and its integrity at any time, whenever he pleases.

Main Features

  1. It is open source so anyone who wishes to contribute to the platform can freely do so.
  2. It is highly secured
  3. It's very user-friendly, and the job can be done without necessarily understanding the whole mechanism behind the platform.
  4. You can give access to other users to read your data without being yourself involved in the process.
  5. Integration to custom business or external use can be done very easily.
  6. The platform, the API’s and the Libraries can be kept up to date without too much of an effort.

If you want to learn more about the platform or if you want to contribute to the open-source community, you can find further details by accessing the following links which contain detailed information about the use cases and demo’s for further understanding of the platform: Website and Telegram.

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