Skip to main content

SECURE YOUR DATA ON THE BLOCKCHAIN USING MEMORITY


Data if you ask me is a part of our everyday lives, every information we accumulate can be accustomed to data, securing our data not just from theft but from lose has been a challenged for far too long and today memority is the solution we seek.
AN OVERVIEW
Losing data to theft or via mere deleting can be frustrating, that I can attest to. About a week ago while I and my colleague were working and putting down a lengthy report, after almost rounding up he mistakenly deleted the document and that was it, it couldn’t be found anywhere in the system so he had to do the job all over again, saying he was frustrated was an understatement lol, I could see it written all over him. I know many of you out there have experienced the same or had similar experiences, so you would agree with me that MEMORITY will be of great value.
The blockchain as we know it, although we have seen crypto trading platforms being hacked, it doesn’t change the fact that the blockchain industry provides the most secure form of transaction or storage today.
INTRODUCING MEMORITY
Am sure from the name you could tell where the concept was gotten from, MEMORITY is a platform built on the blockchain for the sole purpose of safely securing our data from theft and from our own carelessness.
PROBLEM ASSOCIATED WITH EXISTING STORAGE MEDIUM
Below are some of the problems or challenges associated with today’s means of storage.
  • Unreliability: the storage mediums which exists today such as the hard disks and others are unreliable and inefficient and centralized
  • Insecurity: saving on your hard disks or company’s server has been known from time to time to have been lost or stolen.
  • Inconvenience: the process involved in saving data today is sometimes tedious and inconvenient for users.
MEMORITY SOLUTION
The blockchain is known to be able to keep data encrypted and only made accessible through private keys or mnemonic phrases; MEMORITY is tapping into that encryption in its quest in providing users with a secure means by wish data can be rightly protected, not to mention the fact that blockchain storage capacity is long term.
With MEMORITY, users will be able to protect their data from the following
  • Modification
  • Deletion
  • Unpermitted viewing
MEMORITY is a blockchain based platform which facilitates encryption on a decentralized cloud, MEMORITY will be a self-sufficient network, which will meet the needs of businesses and organizational sectors and lots more.
MEMORITY will be distributing stored data to various independent systems in their network which have provided a portion of their hard disk memory for file storage, MEMORITY will duplicate every data stored with them into 10 different copies and will be shared abroad the various systems in their network.
The method for payment on the MEMORITY platform will be through a token known as MMR Token, Hosts who provide memory for storage will be rewarded with the 90% of the token paid by clients and it will be distributed between all 10 hosts.
IN CONCLUSION
With MEMORITY, users can now save data on a decentralized platform void of potential theft and loss unlike dropbox, google drive and other storage platforms which are all centralized and prone to attack.
MEMORITY is still in its ICO season and will be ending very soon, so get on board now while ICO lasts. For further inquiries please visit the links below:
LINKS
WEBSITE  
     ANN TOPIC    
    WHITEPAPER        
TELEGRAM CHAT
Bitcointalk Username: kelvinkent
Bitcointalk profile URL: https://bitcointalk.org/index.php?action=profile;u=2313436

Comments

Popular posts from this blog

WHY YOU SHOULD PARTNER WITH BUGLAB VIA THEIR ICO

Every ICO project looks promising from beginning but if not properly investigated could lead cause a serious heart break on the part of the investor. Sometime last year I invested over 2000 USD worth of ethereum in an ICO project that is nowhere to be found today. It was after that experience that I started making research on what to check out for before deciding to invest in an ICO. The factors I discovered in the course of my research which includes checking out for the kind of challenge the ICO project is trying to solve, how important the industry that is been considered by the ICO project is to humanity, how potent the solution that is been proffered by the ICO project will be and the experience of the team behind the project has really helped me in making sound decisions when considering an ICO to invest in. We will be looking at BUGLAB from the eyes of the above listed factors so that you will be able to make a sound decision when considering partnering with BUGLAB ICO proj...

TOPEX: A PROFITABLE CRYPTO EXCHANGE

The growing popularity in cryptocurrencies as accounted for the adoption of blockchain for making payments, withdrawal, transfer. Blockchain has therefore seen an increased adoption by businesses, bringing the light of inovaton and disruption to their existing models, providing a great potential for growth. Cryptocurrencies and blockchain also ushered in the creation of trading platforms and exchanges saddled with the responsibility of providing services ranging from crypto trading, asset management, advice and so on. The world of cryptocurrencies provide a viable growth potential for experienced investors and novices opening them to huge opportunities of making profit on crypto trading. These crypto exchanges have been inefficient, as they cannot be relied on in minimizing losses during crypto trading as most of them are faced with shortcomings that reduces the quality of crypto trading resulting in huge losses. CHALLENGES FACED BY EXISTING CRYPTO EXCHANGES The following challenge...

NORTONCHAIN: A NEXT GENERATION DISTRIBUTED LEDGER

Since the creation of the bitcoins blockchain which was set to decentralize the financial market, many other distributed ledgers such as the Ethereum blockchain and others have been made. The blockchain was founded out of the need for the decentralization of the financial market and it has probably been more success than anyone hoped it would be today. Blockchain has gotten so much popularity and use cases to the extent that major cooperation’s and platforms such as IBM, MICROSOFT and others are now looking for means to adopt the tech and even build of their own. However, with recent reports and findings, the existing blockchains have begun to suffer from certain challenges. CHALLENGES FACING BLOCKCHAINS Listed below are some of the challenges which have begun to inflict the industry: Privacy: the need for financial privacy is very high which was one of the reasons the blockchain was invented in the first place, because the traditional banking system could not make provision ...