Passwords are the first line of defense against cyber criminals. It’s crucial to pick strong passwords that are different for each of your important accounts and update your passwords regularly. Password is the main method of accessing various local and network resources for security reasons in this modern era.
However, it has one serious drawback whereby an attacker gets access to all the data of the user who owned this password. Again, when users usually have the same password for multiple services, the situation gets even worse because these same passwords can be weak. Thus, the password cannot serve as a sufficient instrument for protecting user data and guarantee the security of the user session and that is why REMME got your back with its amazing features to solve your problems. Lets take a thorough glance at what REMME is and their sole purpose for their users.
POTENTIAL USE CASES AND COMPARISONS
With the use cases, there are two managements. These include the managed system with public data where a cryptocurrency exchange service adopts REMME for clients’ authorization to replace the default system with login-password pairs through monetization, certificate validity and 2FA.
The number of users on the site – 25000, from these number 20000 users are active. Daily workload – 2000 users/day. The other is the private blockchain whereby some state company integrates REMME for users’ authorization on its internal services. Its capability is up to 1000 users and this is through monetization, certificate validity and 2FA.
COMPARISION
When Remme is compared to other networks, it is so far the best because its dash masternode network is suitable though dash source code requires a significant rework.
Secondly, Stratis is bound to .NET technology stack while Exonum is said to have public networks . The blockchain , Fabric can be reworked to be unpermissioned via pluggable modules in REMME than other networks. However, stratis lacks documentation on their website.
PECULIARITY OF REMME
The peculiarity of the REMME project is its two-factor authentication is an additional layer of security ensuring that only the owner of the account can access it, even if the private SSL/TLS certificate key has been compromised. The choice of technology for the second factor depends on the characteristics of the system, which is protected by REMME technology. REMME will use the blockchain technology as a vehicle of transportation and a source of consensus to offer a solution to this problem: decentralization.
REMME is bringing blockchain to PKI infrastructure providing immutability of data stored there. For a 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. It is as simple as that with Remme.
REMME’S PROSPECTS
The goal of the REMME high-end secure system is to help organizations like infrastructure companies, IoT, medtech, financial and blockchain companies protect sensitive data. The Proof-of-Service consensus is used for the mix of high throughput, scalability and security.
SOLUTION
REMME is here to solve those problems by implementing decentralized public key infrastructure based on blockchain technology. This approach will give our customers the way of managing their PKI with a high level of security and all advantages of decentralized and distributed system.
TOKEN ECONOMY
One of the requirements of REMME tokens is to stick prices to a fiat currency. In order to get this, the platform needs some way to update the prices for its services with respect to the exchange rate of the token. To address this requirement, REMME will maintain a server which will periodically (10 minutes) update prices and will be available for masternodes and REM token is needed for all internal operations inside of ecosystem by initializing a certificate creation process ($1); while establishing a node (will be available for $10 000) and lastly, Fee for transferring REMME tokens between users on REMME blockchain will be (0.1%)
FEES DISTRIBUTION
Depending on the number of tokens collected during the token sale REMME will hold a portion of transaction fees to finance the project development.
• Under 5m collected during the public token sale: 70% of those fees are kept on the account of a master node, 30% are transferred directly to REMME and is used to maintain services such as Bitcoin anchoring, cross-blockchain transfers, etc.
• From 5m to 10m collected during the public token sale: 80% of those
fees are stored on the account of a master node, 20% are transferred directly to REMME and is used to maintain services such as Bitcoin anchoring, cross-blockchain transfers, etc.
• Above 10m collected during the public token sale: 90% of those fees are
stored on the account of a master node, 10% are transferred directly to REMME and is used to maintain services such as Bitcoin anchoring.
OPPORTUNITIES AND PERSPESTIVES FOR NODE HOLDERS
There are numerous opportunities and perspectives for node holders in REMME. Token holders will be able to use the REM token in a variety of ways: certificate generation, revocation, node creation, developing DApps, fees covering conversion of fiat payments.
Secondly, REMME offers a fast and secured public key distribution as well as certificate revocation process. One thing that baffles me is that REMME has no legal limitations and government cooperation issues; it’s easy single sign on and there’s full anonymity.
Useful links
Website- https://remme.io/
Whitepaper- https://drive.google.com/file/d/0B1jTRGmj_3khUV9RTERnYzNvaE0/view
ANN Thread- https://bitcointalk.org/index.php?topic=2060387.new#new
Telegram group- https://t.me/remme
Authorship
Bitcointalk Username- OSEIBOATENG
Profile link- https://bitcointalk.org/index.php?action=profile;u=1995707