REMME - This new blockchain technology will protect your assets from hackers
We lead a life of adventure and routine. The world of information should be easily available for everyone. The person responsible for our growth and happiness is no one, but us. In the age of digital technology, where we share everything with the world but at the same time keep control over the content we share. There are many platforms offering their services to keep our life secure, and our data safer. Usually, the method used by most of the platforms is the password system. Enterprises employ SSL/TLS certificate for allowing users to access the system.
Public key Infrastructure is the base foundation of exchange of information between different parties in an untrusted environment, such as the internet. PKI supports the creation and identification of public encryption keys, which is based on strong mathematical algorithms. The Key challenges in the PKI system are as follows; the presence of government regulation, limited scalability for growth and presence different certificate providers having the different vision. Do you think that a possible solution can be created for the above challenge?
Solution offered
REMME technology is creating a decentralized public key infrastructure based on the blockchain technology. High security and management of the encryption keys are provided to the end customer. The system created by the team can be easily integrated with the existing system without the need for any technology lockins and legal & government limitations. Providing complete control over the certificates to the users, they have brought the blockchain technology to the public key infrastructure.
Transparent control, full anonymity, no additional fees, fast and protected system and single sign-on implementation are the key features of the platform. To maintain the high throughput for quick certificate management, they have developed a custom blockchain based on Hyperledger sawtooth and custom consensus algorithm.
Proof of Service algorithm is employed in the custom blockchain developed by the team. REMME Technology provides the choice of 2FA system to the clients depending upon the requirements. Self – signed certificate and certificate signed by the organization can be issued using the REMME Technology.
REMME Core is used for the security storing the self-signed certificates and their revocation status. Client software, bitcoin anchoring, Oracle for pricing list updates are system components of the REMME architecture. The ecosystem presented by the platform is to support the growth of a protected system and secure data.
ICO INFORMATION AND TEAM
1 Billion REM Tokens are created for the project in which 50% is reserved for the token sale. The funds are used for the development and marketing of the platform. The team is experienced in the field of security systems and blockchain technology.
Conclusion
Having a password to access the resources is the most common mechanism in the digital world. Another method to protect and secure our information is the 2FA method, which is being steadily employed by the resource providers. It is more secure than the common password protection system. Using the services offered by the platform, there would be no need to remember passwords.
Cyber-attacks have become very common, and with the help of the right technology platform, the unbreakable and failproof system can be created. We will see many use cases of the platform in many businesses of the world. This is the beginning of a new era of a secure system. The need for security is spread across all the sectors and the services offered by the platform will be used by multiple businesses, such as Medtech, IoT and crypto exchanges. The recesses What do you think about the future of the platform?
For more information:
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Author: tinhkhuat
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