MEMORITY WILL CHANGE HOW DATA IS STORED

Memority is a decentralizes platform that will allow storage of valued data Based on chain block technology. It will allow data encryption using the 128-bit private key which will only be accessible by the file owners. By having multiple data copies, 10 copies to be exact data will be protected from accidental deletion and in case of deletion files will be retrieved easily.
Having unique data identifiers stored in blockchain database data will be protected from forgery and manipulations. Ensuring that there is no dependency on the centralized system this will ensure that data is continuously monitored and decentralized.
Reasons for Memority creation
• Secure Reliable and convenient data storage
• Data protection from modification, deletion, unpermitted view
• Offer long-term data storage platform

Solution

Memority will offer a decentralizes storage facility that will be untampered. Creation of multiple data copies on unrelated storages will ensure data protection. Allowing connections of many computers to maximize the number of independent repositories will reduce operational costs.
Through decentralized monitoring, the system will allow only trusted users access and monitor data storage facilities within the platform
website link https://memority.io/

MMR tokens
Memority will launch its own tokens system known as MMR tokens, the transactions will be stored in blockchain database. A token wallet will also be used for transactions within Memority platform which will automatically be generated when encrypted data will be uploaded
Why obtain MMR tokens
• MMR tokens will provide users with a space for data storage.
• MMR tokens will be an investment opportunity for investors during ICO period and are tradable in the exchange
• MMR tokens will allow users to become miners
• MMR tokens will allow developers create an application and use their databases for data storage

System participants

• Data owners- Memority being a data storage platform will allow its users to store data in a decentralized and ultimately the most secure manner. Users will have to pay for their valued data storage using MMR tokens. Memority will also offer the users have a chance for them to be hosts by providing them with a chance to use their available data space to store other user’s data, in turn, they will earn MMR tokens from the stored data
• Hoster - they will use their computer spaces to store data by providing their disk space to memority users and other users they will earn MMR tokens inturn.

Memority platform specifications
The Memority system will operate on the basis of Ethereum virtual Machine(EVM) using a new algorithm proof of authority consensus. This approach will allow high network speed to reduce the computational cost of maintaining its performance.
Why use EVM- blockchain technology is continuously growing thanks to the developers,
Memority is working on using their own blockchain network that will significantly reduce operational cost, by creating a readymade EMV tool that will be used while solving Memority tasks

Memority ecosystem

Memority is developing a self-sufficient ecosystem that will meet market requirement ranging from the government to individuals not forgetting the businesses and organizations that will ensure secure valuable data storage. Memority will allow creation of desktop and online applications for encrypted data. It will allow storage of confidential documents, digital evidence, authorization data, personal photos/ videos and internet resources
for more information read their white paper here: https://memority.io/docs/whitepaper_memority.pdf

Memority wallet

Memority wallet will offer users services for businesses, organizations and individuals storage of valued data in their most secure manner by using data protection technology as used in the blockchain.
Memority will use third-party Developers to create a fully decentralized storage for their applications and users will earn tokens when they use these applications to store data in Memority platform
Join our Telegram chat: https://t.me/memority

Blog by Rhinoboy11
Bitcointalk: @sammygye