MEMORITY

kitanodebunmi (36)in #memority • 6 years ago

Memority- Decentralized Cloud Storage of Valuable Data on Blockchain.

Data storage can be defined in lame man's terms as the storing of data mostly for future references. Data is generated/produced every second of everyday either by individuals or corporate bodies.
Memority is a new blockchain technology for the decentralised cloud storage of Data. The idea of Memority did not just arise; Memority was created to solve some issues related with data storage.

We have had series of cases of companies losing huge sums of money due to loss of company data. Most times, Data saved on company servers or storage devices like hard disks are prone to loss or destruction. These storage devices could get stolen or damaged and when they do the data contained in them gets lost; the loss of these data could amount to really serious consequences. Apart from being lost or destroyed, the data could be prone and exposed to forgery when there is relatively easy access to such data.
All these issues in one way or the other gave rise to "Memority".

Memority is a new blockchain technology for decentralised cloud storage of Data. Memority gives meaning to the word "secure".
Memority stores data by making several copies of whateva data is fed into the system and distributes these copies to different locations worldwide; apart from the duplication of data, memority also encrypts the data stored with a master key which would be known only by the owner of the data. The duplication and distribution of data ensures all the data is not stored in just one place just in case of emergencies and the encryption of data ensures there are no unauthorized access to data.
With Memority, the fear of data loss or editing is absent because memority leaves no room for it.

Memority ICO
The total number of MMR tokens available presevntly is 1,500,000,000 EMT tokens with token price of $0.1. Softcap is $5,000,000 and hardcap of 85,500,000.

Token Distribution and Allocation of Funds.