Memority is a decentralizes platform that will allow storage of valued data Based on chain block technology. It will allow data encryption using the 128-bit private key which will only be accessible by the file owners. By having multiple data copies, 10 copies to be exact data will be protected from accidental deletion and in case of deletion files will be retrieved easily.
Having unique data identifiers stored in blockchain database data will be protected from forgery and manipulations. Ensuring that there is no dependency on the centralized system this will ensure that data is continuously monitored and decentralized.
Reasons for Memority creation
• Secure Reliable and convenient data storage
• Data protection from modification, deletion, unpermitted view
• Offer long-term data storage platform
Solution
Memority will offer a decentralizes storage facility that will be untampered. Creation of multiple data copies on unrelated storages will ensure data protection. Allowing connections of many computers to maximize the number of independent repositories will reduce operational costs.
Through decentralized monitoring, the system will allow only trusted users access and monitor data storage facilities within the platform
website link https://memority.io/
Token Sale
The company’s platform intended to roll out its tokens sale starting-date May 31, 2018. The ICO will be active for a period of one month. The company plans to end its token sale on June 30 2018 or if its target funding is achieved. The soft cap target is $ 5,000,000 USD while the hard cap target is $ 85,500,000 USD. Memority’s platform is based on ethereum tokens and individuals are required to use ethereum to buy the Memority’s tokens. The initial cost of the ICO token is set to be 0.1 USD. For more information please check: https://memority.io/
Tokens Distribution
Percentage Area of allocation
4% Public Presale
53% Token Sale ICO
15% Team members of the ICO
15% Seed investors in the ICO
10$% Reserve fund
2% Bounties of the ICO
1% Early miners of the ICO
Team
The team performing on the project is toughened within the field of blockchain technology and software package development.
Conclusion
Business and companies need immense information storage facilities for the graceful process of their business goals. Information is that the supply of all the knowledge and deciding power within the corporation. Individuals would like a secure and secure place wherever platform will store their information. Of all the options offered on the platform, providing redistributed storage is that the best one as a result of it minimizes the danger of larceny and hacking. Platform ceaselessly produces and store information.
Platform having thirst for information which is quenchless. The idea can become full proof and accepted within the market once the credible and helpful applications involving the blockchain technology are launched within the market. Many firms have already begun the analysis and development within the redistributed technology. Increasing storage sizes prove the quickly increasing nature of data-hungry entities.
Media
For more information, please follow these links:
Whitepaper: https://memority.io/docs/whitepaper_memority.pdf
Website: https://memority.io/
Social network:
Telegram: https://t.me/memority
Twitter: https://twitter.com/frvrty
Facebook: https://www.facebook.com/mmority/
Author: https://bitcointalk.org/index.php?action=profile;u=1688466