Most times when an exchange get hacked the users are the ones who end up begin victimised they lose their asset because they were not security cautious, in most occasions these hacks are due to low password strength or absent of 2FA.

During the month of June 2011 a Bitcoin user loses $500,000 in bitcoin to hackers by March 2012 another hacked web host leads to stolen bitcoin and several other cases of hacks including those that did not make the headlines.

Now this is a serious problem in the Blockchain space and someone needs to put an end to it. That's why this team of programmers/genius  came up with this project REMME  to bring a lasting solution to this problem.  

ABOUT REMME

Remme is a security software powered and built on the Blockchain, it has been designed to implement  decentralise public key infrastructure based on blockchain technology unlike the old systems of cyber security which includes passwords.

HERE ARE SOME OF THE ADVANTAGES OF THIS NEW TECH:

1. There is no centralized database of certificates and keys that could be

compromised.

2. There are no technology lockin and API limitations. Easy integration with

existing systems.

3. There are no additional fees for different certificates/credentials in

different CA.

4. There are no possibilities for collusion between software/hardware

vendors and limited count of CAs.

5. Fast and protected public key distribution process.

6. Fast and protected certificate revocation process.

7. Single point of trust for different systems: easy single-sign-on

implementation, decentralized worldwide available authorization.

8. There are no legal limitations and government cooperation issues.

It is also acceptable for different types multi-factor authentication, full anonymity, It allows to track all issued certificates, provides complete and transparent control.

REMME is bringing blockchain to PKI infrastructure providing immutability of data stored there.

For simple user it could look complicated, but all is simple: you don’t need to remember count of login and passwords, you don’t need to pay five or ten authorities for certificates used in tax, legal, bank, technical or other types of software, you don’t need to control the live time of each password/certificate/key.

MY OPINION

"Security is important to any organisation and i think few months from now users and top brands will be adopting this new tech to secure their data base."

Already one of the most popular exchange has showed it support for this new tech.

 Changelly will be among the pilots of this project.

WHITE PAPER:  https://drive.google.com/file/d/0B1jTRGmj_3khUV9RTERnYzNvaE0/view

WEBSITE: https://remme.io/