Memority: Ultra security to the data stored

in #token6 years ago

Memority is a blockchain-based platform for encrypted decentralized cloud storage of valuable data.  

ABOUT A PROJECT:

MISSION:  to create a self-sufficient ecosystem that includes many applications to meet the needs of businesses, government organizations and individuals in the ultra-secure storage of all kinds of valuable data. 

PLATFORM:

  • The platform includes a collection of independent repositories from around the world, which are based on computers of users who have provided a part of the memory of their hard drives for file storage.  
  • Unique hash identifiers of data are stored in a blockchain database, so it is impossible to delete files, to forge them, or to forge information about storing files. 
  • The work of Memority is based on its own MMR tokens, the transaction history of which is also recorded in blockchain. 
  • Miners receive MMR tokens reward for ensuring the system is operational. Between all the miners who participate in the creation of the block, 5% of the payment for all files, entries of which are contained in the block, is distributed. 
  • The platform uses Proof of Authority, so the computing power is irrelevant to the process of blocks creation and will not increase with time. This is substituted with miner’s authority that they prove by having a large stake in the system. Therefore, a limited number of tokens is issued, and mining commissions will be charged when paying for file storage. 

FEATURES:

  • Stоrаgе dесеntrаlіzаtіоn
  • Crеаtіоn of several file соріеѕ in independent ѕtоrаgеѕ
  • Hіgh рауmеntѕ to hosters for providing ѕрасе for uѕеrѕ’ fіlеѕ storage.
  • Dесеntrаlіzеd process оf file соріеѕ checking аnd rеѕtоrаtіоn.
  • Stоrаgе protection frоm сluttеrіng wіth uѕеlеѕѕ dаtа
  • Anonymous сrурtосurrеnсу as mеаnѕ fоr storage payment.
  • Intеrfасе fоr thіrd-раrtу арр dеvеlореrѕ 

TOKEN:

The strong point of the project is that we go to the ICO with a completely working alpha version of the product. It has the main part of the functionality (you can store your files, become a hoster, and the data is encrypted and automatically restored), but does not support the development of external applications, and many additional functions have not yet been tested or developed. 

The profitability of investments in MMR tokens can be provided by two main factors: 

1. Miners get a constant share of tokens from all storage payments in the system. 

2. The growth of token value, which is a result of interest in the product by users, developers and miners. 

The project is developed by a team from Estonia, Ukraine and the United Arab Emirates and consists of 15 people.  

The roadmap:

Follow links to get more information:

Author: https://bitcointalk.org/index.php?action=profile;u=1294226 

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