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

Post a Comment

Popular posts from this blog

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 ...
Post a Comment
Read more

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...
Post a Comment
Read more

SKYFCHAIN ICO; THE FUTURE OF UNMANNED CARGO DELIVERY

Have you ever asked yourself why the cost of delivery is as high as it is today? The reason is simply because the logistic businesses have to pay the drivers of the delivery trucks, cars or whatever means they choose to run the delivery. Today, I will be presenting to you an ICO project that is designed to make cargo delivery cost effective, transparent, secure and also efficient. Permit me to do this review on a project I consider as the future of unmanned cargo delivery; the SKYFCHAIN project. OVERVIEW Research has shown that by 2023, the global logistics industry will hit 15.5 trillion dollars in capitalization; this make the logistics industry a very profitable one. The blockchain technology on the other hand has proven to be the most important technology of the 21 st century because of its ability to make industries and businesses cost effective, secure, transparent and cost effective. An integration of the blockchain technology, AI and robotics into the logistics industr...
Post a Comment
Read more