The reality on passwords

We use passwords for everything these days. All our connections require some form of passcode for us to gain access to them. This is an important security step that aims to safeguard our data because no one wants their data out in the open without their consent.

But sometimes, passwords just aim to protect our data. Hackers have found a number of ways to compromise systems and make way with passcodes for credit cards, passwords for social media and pretty much any passcode they set their minds on. Massive breaches have been experienced like the one Yahoo faced where about 3 billion accounts were compromised.Passwords were meant to protect us but lately, they are not doing so well especially with all the devices we have with us.

Better data protection

Blockchain technology is at the forefront of better security and transparency within networks. Remme is a company that wants to use blockchain to provide a security system that will match up to the various hacking methods available. They are going to base their public key infrastructure on blockchain technology that will allow it to be a decentralized platform thereby providing a more robust access management system.

A popular system that has been adopted by most companies is the two-factor authentication system. It provides an added layer of security. This system will also be adopted by Remme. The whole point is to have as robust a system as possible.

The proposed solution to enhance security is through the use of certificates to give access to accounts. Certificates are far more flexible than passwords and can be quickly revoked if the owner of the certificate suspects that they are compromised. With certificates, access cannot be granted once the certificate is revoked and access will only be given once a new certificate has been generated.

Where does Remme best fit?

Password protection is vital in institutions. Whenever hackers attack the systems of an institution, a lot of data is usually at risk. Centralization caused this problem but Remme addresses this through decentralization. Remme would work best in organization where data is shared and employees access this data through different access codes. With Remme protocol in place, employees will now access the network through assigned certificates.

In terms of spending on this system, the Remme rates are friendly and you get value for your money. Trading is done through the Remme tokens. Within an organization, employers would be required to pay for each user registered in the Remme platform. The subscription lasts for one year. Users will be able to generate certificates whenever they doubt the safety of their certificate. There will also be system administrators who will also monitor activity within the network noting issued and revoked certificates.

They will also be responsible for issuing new certificates when old ones expire.
Government organizations, private institutions and critical infrastructure can benefit from the Remme platform. It would significantly increase the security any system it is integrated with. Its other advantage is easy integration with any network. Remme will also allow users to maintain anonymity depending on the demands of the clients. For platforms such as cryptocurrency exchanges users may want to maintain their anonymity and Remme can make this happen. In places like government offices, transparency is key, therefore they might not need anonymity.

Business aspect

Remme will generate revenue from the charges placed on the services they deliver. Master nodes will also have a chance of generating revenue by being rewarded based on the proof-of-service mechanism. The increase in use of the tokens may also lead to their increase in value which would be good for token holders and the platform.

Remme’s services could not have come at a better time. Its platform is one that will serve us well into the future.

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